Borqs Technologies, Inc. (BRQS)

Income Statement (Trailing)

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ending	2021-12-31	2021-06-30	2020-12-31	2020-06-30	2019-12-31	2019-06-30	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31
Revenue	29.56	28.23	26.75	82.79	98.96	41.01	128.42	167.46	183.49	149.28	122.23	105.02	88.2	66.07	85.45	27.49	0	-	75.07
Revenue Growth (YoY)	-70.13%	-31.16%	-79.17%	-50.57%	-46.07%	-72.52%	5.06%	59.45%	108.05%	125.95%	43.05%	282.01%	-	-	13.82%	-	-	-	-
Cost of Revenue	26.96	26.34	25.16	91.14	98.39	53.2	134.44	145.88	158.03	125.84	103.49	84.88	70.73	54.29	64.94	22.45	0	-	58.01
Gross Profit	2.61	1.89	1.6	-8.35	0.57	-12.18	-6.02	21.59	25.46	23.44	18.74	20.14	17.46	11.78	20.51	5.04	0	-	17.07
Selling, General & Admin	24.83	44.55	34.05	34.19	26.3	52.36	54.49	12.93	24.43	24.75	22.87	20.4	10.36	6.34	10.13	5.74	0.47	-	12.24
Research & Development	5.29	7.98	8.16	6.1	5.28	6.65	6.34	4.11	7.06	6.79	6.19	5.49	2.46	1.27	5.4	0.83	0	-	7.21
Other Operating Expenses	2.96	0.42	0.21	-2.65	-1.85	0.6	-0.16	-1.88	-2.07	-1.92	-2.11	-2.69	-2.88	-3.03	-3.74	-0.37	0	0	-3.06
Operating Expenses	33.08	52.95	42.43	37.65	29.72	59.6	60.66	15.16	29.42	29.63	26.95	23.19	9.94	4.58	11.79	6.19	0.47	-	16.39
Operating Income	-30.47	-51.06	-40.83	-46	-29.16	-71.78	-66.69	6.43	-3.96	-6.19	-8.22	-3.05	7.52	7.2	8.72	-1.15	-0.47	-	0.68
Interest Expense / Income	11.96	5.02	3.8	5.21	4.97	2.45	2.58	2.66	2.05	1.46	1.83	2.12	1.83	1.31	0.85	0.09	0	-	0.16
Other Expense / Income	13.88	-11.1	-9.53	0.81	1.23	4.31	2.17	0.1	-0.02	0.74	0.18	3.08	2.75	2.45	1.39	-0.35	-0.14	0	-2.44
Pretax Income	-56.31	-44.97	-35.1	-52.02	-35.36	-78.53	-71.43	3.66	-5.99	-8.39	-10.23	-8.26	2.94	3.44	6.47	-0.88	-0.33	0	2.96
Income Tax	-0.45	0.41	0.41	-1.54	-0.95	-0.12	0.33	2.83	2.49	3.08	2.34	1.6	2.86	2.41	3.24	1.32	0	-	0.85
Net Income	-55.87	-45.38	-35.5	-50.48	-34.41	-78.41	-71.76	0.83	-8.47	-11.47	-12.57	-9.86	0.08	1.03	3.23	-2.2	-0.33	-	2.11
Preferred Dividends	0	0	0	0	0	0	0	0	6.51	6.66	6.96	9.4	3.08	2.93	3.23	0.19	0	-	2.42
Net Income Common	-55.87	-45.38	-35.5	-50.48	-34.41	-78.41	-71.76	0.83	-14.98	-18.12	-19.53	-19.25	-3	-1.9	0	-2.39	-0.33	-	-0.31
Shares Outstanding (Basic)	118	60	45	31	36	31	31	28	27	26	13	15	4	4	4	4	2	2	4
Shares Outstanding (Diluted)	118	-	45	-	36	-	31	28	28	27	13	15	4	4	6	4	2	-	4
Shares Change	228.33%	-	42.68%	-	29.79%	-	142.94%	82.27%	549.66%	550.26%	131.04%	256.65%	77.50%	-	31.59%	-	-	-	-
EPS (Basic)	-0.47	-	-0.81	-	-0.88	-	-2.21	1.00	-0.12	-0.50	-1.53	-0.43	0.29	0.50	1.00	-0.67	-0.18	-	-0.07
EPS (Diluted)	-0.47	-	-0.81	-	-0.88	-	-2.21	0.99	-0.13	-0.51	-1.53	-1.04	-0.32	-0.11	0.39	-0.67	-0.18	-	-0.07
Free Cash Flow Per Share	-0.25	-	-0.18	-	-0.21	-	0.08	0.09	-0.30	-0.53	-1.05	-0.67	-3.12	-1.95	-2.25	-2.27	-0.16	-	0.20
Gross Margin	8.82%	6.70%	5.97%	-10.09%	0.57%	-29.70%	-4.69%	12.89%	13.88%	15.70%	15.33%	19.18%	19.80%	17.82%	24.00%	18.33%	-	-	22.73%
Operating Margin	-103.09%	-180.84%	-152.63%	-55.56%	-29.46%	-175.01%	-51.93%	3.84%	-2.16%	-4.14%	-6.72%	-2.91%	8.53%	10.89%	10.20%	-4.18%	-	-	0.90%
Profit Margin	-188.98%	-160.75%	-132.71%	-60.98%	-34.77%	-191.18%	-55.88%	0.50%	-8.16%	-12.14%	-15.97%	-18.33%	-3.40%	-2.87%	-	-8.71%	-	-	-0.41%
Free Cash Flow Margin	-99.86%	-	-30.39%	-	-7.57%	-	1.89%	1.56%	-4.38%	-9.38%	-11.02%	-9.75%	-15.06%	-12.49%	-11.11%	-35.10%	-	-	1.13%
Effective Tax Rate	0.79%	-0.92%	-1.16%	2.96%	2.68%	0.15%	-0.46%	77.24%	-41.59%	-36.74%	-22.90%	-19.32%	97.14%	70.05%	50.12%	-149.47%	0.00%	-	28.73%
EBITDA	-42.12	-	-25.72	-	-24.31	-	-62.37	11	0.75	-2.25	-3.72	-5.36	7.93	7.91	10.48	1.58	-0.33	-	5.6
EBITDA Margin	-142.49%	-	-96.15%	-	-24.57%	-	-48.57%	6.57%	0.41%	-1.51%	-3.04%	-5.10%	8.99%	11.97%	12.27%	5.74%	-	-	7.46%
Depreciation & Amortization	2.23	-	5.58	-	6.08	-	6.48	4.68	4.68	4.68	4.68	0.78	3.16	3.16	3.16	2.38	0	-	2.48
EBIT	-44.35	-39.96	-31.3	-46.81	-30.39	-76.08	-68.86	6.32	-3.93	-6.93	-8.4	-6.14	4.77	4.75	7.32	-0.8	-0.33	-	3.12
EBIT Margin	-150.04%	-141.53%	-117.01%	-56.54%	-30.71%	-185.50%	-53.62%	3.78%	-2.14%	-4.64%	-6.87%	-5.84%	5.41%	7.19%	8.57%	-2.90%	-	-	4.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).