DapuStor Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	2,286	960.77	509.08	386.54
Other Revenue	2.21	1.4	10.41	170.23
Revenue	2,289	962.18	519.49	556.77
Revenue Growth (YoY)	137.87%	85.22%	-6.69%	-
Cost of Revenue	2,230	750.81	782.59	652.13
Gross Profit	59.16	211.36	-263.1	-95.36
Selling, General & Admin	137.63	100.97	107.76	253.1
Research & Development	385.09	274.36	268.68	193.87
Other Operating Expenses	-6.47	-4.24	-23.75	-21.82
Operating Expenses	522.53	371.34	354.25	425.2
Operating Income	-463.37	-159.98	-617.35	-520.56
Interest Expense	-20.27	-12.67	-3.86	-6.93
Interest & Investment Income	3.03	3.58	6.32	3.01
Currency Exchange Gain (Loss)	-	-	-1.76	-8.97
Other Non Operating Income (Expenses)	-0.82	-21.87	-0.25	-0.22
EBT Excluding Unusual Items	-481.42	-190.94	-616.89	-533.67
Gain (Loss) on Sale of Assets	-0.16	-	-	-0.04
Asset Writedown	-	-	-	-0.31
Other Unusual Items	0.08	-	0	-
Pretax Income	-481.5	-190.94	-616.88	-534.03
Earnings From Continuing Operations	-481.5	-190.94	-616.88	-534.03
Minority Interest in Earnings	0.82	0.17	-	-
Net Income	-480.67	-190.77	-616.88	-534.03
Net Income to Common	-480.67	-190.77	-616.88	-534.03
Shares Outstanding (Basic)	393	389	361	-
Shares Outstanding (Diluted)	393	389	361	-
Shares Change (YoY)	0.84%	7.87%	-	-
EPS (Basic)	-1.22	-0.49	-1.71	-
EPS (Diluted)	-1.22	-0.49	-1.71	-
Free Cash Flow	-930.45	-589.38	-553.43	-379.16
Free Cash Flow Per Share	-2.37	-1.51	-1.53	-
Gross Margin	2.58%	21.97%	-50.65%	-17.13%
Operating Margin	-20.25%	-16.63%	-118.84%	-93.50%
Profit Margin	-21.00%	-19.83%	-118.75%	-95.92%
Free Cash Flow Margin	-40.65%	-61.26%	-106.53%	-68.10%
EBITDA	-444.93	-142.2	-608.46	-513.95
EBITDA Margin	-19.44%	-14.78%	-117.12%	-92.31%
D&A For EBITDA	18.44	17.78	8.89	6.61
EBIT	-463.37	-159.98	-617.35	-520.56
EBIT Margin	-20.25%	-16.63%	-118.84%	-93.50%
Revenue as Reported	2,289	962.18	-	-
Advertising Expenses	3.5	3.88	6.58	2.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.