Googol Technology Co., Ltd. (SHE:301510)

Googol Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	421.52	393.88	337.94	332.52	277.57	242.09
Other Revenue	10.3	10.3	10.43	5.21	5.44	5.45
Revenue	431.82	404.18	348.38	337.73	283.01	247.54
Revenue Growth (YoY)	24.91%	16.02%	3.15%	19.33%	14.33%	-17.27%
Cost of Revenue	238.08	220.19	163.82	151.24	131.2	112.49
Gross Profit	193.74	183.98	184.55	186.49	151.81	135.05
Selling, General & Admin	84.17	79.03	69.59	66.25	55.75	40.09
Research & Development	90.58	78.17	68.4	58.79	69.26	50.93
Other Operating Expenses	-8.53	-7.06	1.14	-2.95	-3	-6
Operating Expenses	169.83	156.42	140.34	120.26	122.81	88.2
Operating Income	23.91	27.56	44.22	66.23	29	46.85
Interest Expense	-1.18	-0.85	-0.27	-2.88	-6.33	-4.42
Interest & Investment Income	14.49	9.3	3.32	3.58	3.04	5.85
Currency Exchange Gain (Loss)	0.17	0.17	0.57	-0.14	-0.05	-0.01
Other Non Operating Income (Expenses)	-2.56	-1.98	0.48	-0.1	-0.03	-0.04
EBT Excluding Unusual Items	34.82	34.2	48.31	66.69	25.63	48.24
Gain (Loss) on Sale of Investments	1.2	-	-0.28	-0.41	-0.61	-
Gain (Loss) on Sale of Assets	0.13	0.1	0.01	0.01	-0.01	-
Asset Writedown	-0.11	-0.02	-0.12	-0.15	-0.02	-0.09
Other Unusual Items	20.22	20.22	10.74	10.5	14.35	9.04
Pretax Income	56.26	54.5	58.66	76.65	39.35	57.19
Income Tax Expense	5.88	3.2	6.41	12.45	11.96	7.17
Earnings From Continuing Operations	50.38	51.3	52.25	64.2	27.39	50.02
Minority Interest in Earnings	1.04	0.07	1.08	1.09	0.87	0.14
Net Income	51.43	51.36	53.33	65.29	28.26	50.16
Net Income to Common	51.43	51.36	53.33	65.29	28.26	50.16
Net Income Growth	24.82%	-3.69%	-18.32%	131.06%	-43.67%	-33.46%
Shares Outstanding (Basic)	393	367	356	297	360	-
Shares Outstanding (Diluted)	393	367	356	297	360	-
Shares Change (YoY)	9.59%	3.19%	19.80%	-17.56%	-	-
EPS (Basic)	0.13	0.14	0.15	0.22	0.08	-
EPS (Diluted)	0.13	0.14	0.15	0.22	0.08	-
EPS Growth	13.90%	-6.67%	-31.82%	180.28%	-	-
Free Cash Flow	-19.67	7.38	47.66	34.13	88.71	22.22
Free Cash Flow Per Share	-0.05	0.02	0.13	0.12	0.25	-
Dividend Per Share	0.037	0.037	-	-	-	-
Gross Margin	44.87%	45.52%	52.98%	55.22%	53.64%	54.56%
Operating Margin	5.54%	6.82%	12.69%	19.61%	10.25%	18.93%
Profit Margin	11.91%	12.71%	15.31%	19.33%	9.98%	20.26%
Free Cash Flow Margin	-4.55%	1.83%	13.68%	10.11%	31.35%	8.98%
EBITDA	36.71	40.46	57.24	79.47	40.69	58
EBITDA Margin	8.50%	10.01%	16.43%	23.53%	14.38%	23.43%
D&A For EBITDA	12.8	12.9	13.02	13.24	11.69	11.15
EBIT	23.91	27.56	44.22	66.23	29	46.85
EBIT Margin	5.54%	6.82%	12.69%	19.61%	10.25%	18.93%
Effective Tax Rate	10.45%	5.87%	10.92%	16.25%	30.39%	12.54%
Revenue as Reported	431.82	404.18	348.38	337.73	283.01	247.54
Advertising Expenses	-	1.34	0.75	1.37	0.4	0.97

Source: S&P Capital IQ. Standard template. Financial Sources.