Cango Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	15.51	10.25	204.83	285.58	614.84	313.07
Other Revenue	606.12	99.97	35.19	1.56	2.5	1.31
Revenue	621.63	110.22	240.01	287.14	617.34	314.38
Revenue Growth (YoY)	1534.99%	-54.08%	-16.41%	-53.49%	96.37%	52.00%
Cost of Revenue	518.75	49.25	193.96	311.64	497.66	184.98
Gross Profit	102.88	60.96	46.05	-24.5	119.68	129.39
Selling, General & Admin	51.56	36.07	27.63	62.68	81.15	70.7
Research & Development	0.77	0.75	4.25	6.66	11.06	9.59
Operating Expenses	52.33	36.82	31.87	69.34	92.21	80.29
Operating Income	50.55	24.15	14.18	-93.85	27.47	49.1
Interest Expense	-10.83	-0.09	-0.58	-2.44	-2.28	-0.42
Interest & Investment Income	10.54	14.57	11.16	6.34	4.15	5.35
Currency Exchange Gain (Loss)	0.1	0.23	0.16	0.86	0.21	-1.36
Other Non Operating Income (Expenses)	74.01	-2.6	4.1	-36.28	-25.57	7.05
EBT Excluding Unusual Items	124.36	36.24	29.02	-125.37	3.98	59.72
Impairment of Goodwill	-	-	-20.96	-	-	-
Gain (Loss) on Sale of Investments	1.23	1.2	3.4	-1.42	-2.05	513.64
Other Unusual Items	3.91	3.81	-3.61	-	-	-
Pretax Income	-127.36	41.26	7.84	-126.79	1.94	573.37
Income Tax Expense	0.64	0.18	13.18	34.32	3.28	56.65
Earnings From Continuing Operations	-128	41.08	-5.34	-161.11	-1.35	516.71
Minority Interest in Earnings	-	-	-	-	-	-0.6
Net Income	-322.04	41.08	-5.34	-161.11	-1.35	516.12
Net Income to Common	-322.04	41.08	-5.34	-161.11	-1.35	516.12
Net Income Growth	-	-	-	-	-	819.30%
Shares Outstanding (Basic)	246	208	243	274	290	300
Shares Outstanding (Diluted)	246	233	243	274	290	304
Shares Change (YoY)	14.54%	-4.12%	-11.32%	-5.45%	-4.61%	0.20%
EPS (Basic)	-1.31	0.20	-0.02	-0.59	-0.00	1.72
EPS (Diluted)	-1.31	0.18	-0.02	-0.59	-0.00	1.70
EPS Growth	-	-	-	-	-	816.68%
Free Cash Flow	-	-169.74	144.44	-82.93	-66.64	-96.03
Free Cash Flow Per Share	-	-0.73	0.59	-0.30	-0.23	-0.32
Gross Margin	16.55%	55.31%	19.19%	-8.53%	19.39%	41.16%
Operating Margin	8.13%	21.91%	5.91%	-32.68%	4.45%	15.62%
Profit Margin	-51.81%	37.27%	-2.23%	-56.11%	-0.22%	164.17%
Free Cash Flow Margin	-	-154.01%	60.18%	-28.88%	-10.79%	-30.55%
EBITDA	71.03	35.96	15.12	-93.05	28.72	50.5
EBITDA Margin	11.43%	32.63%	6.30%	-32.41%	4.65%	16.06%
D&A For EBITDA	20.48	11.81	0.94	0.79	1.25	1.4
EBIT	50.55	24.15	14.18	-93.85	27.47	49.1
EBIT Margin	8.13%	21.91%	5.91%	-32.68%	4.45%	15.62%
Effective Tax Rate	-	0.44%	168.14%	-	169.42%	9.88%
Revenue as Reported	621.63	110.22	240.01	287.14	617.34	314.38

Updated Nov 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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