DOYU 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,819	4,271	5,530	7,108	9,165
Revenue Growth (YoY)	-10.58%	-22.78%	-22.20%	-22.44%	-4.55%
Cost of Revenue	3,329	3,947	4,846	6,118	8,075
Gross Profit	489.53	323.83	684.03	990.11	1,090
Selling, General & Admin	372.14	531.27	614.63	968.83	1,377
Research & Development	121.06	165.98	251.79	342.38	441.64
Other Operating Expenses	-8.43	137.97	-34.5	-123.72	-80.34
Operating Expenses	484.77	835.21	831.92	1,187	1,739
Operating Income	4.76	-511.38	-147.88	-197.37	-648.65
Interest & Investment Income	64.33	263.05	284.98	129.86	77.39
Earnings From Equity Investments	-1.93	-4	-31.61	62.4	-15.13
Currency Exchange Gain (Loss)	-0.52	1.23	0.13	-	-
Other Non Operating Income (Expenses)	-67.32	-	-	-	-
EBT Excluding Unusual Items	-0.67	-251.09	105.61	-5.12	-586.38
Impairment of Goodwill	-	-	-13.97	-	-
Gain (Loss) on Sale of Investments	-	21.9	-52.87	-80.3	-33.85
Gain (Loss) on Sale of Assets	-	-0.53	-2.19	-1.51	-0.01
Asset Writedown	-	-61.68	-	-	-
Pretax Income	-0.67	-291.4	36.59	-86.93	-620.25
Income Tax Expense	28.41	15.41	1.07	3.49	-
Earnings From Continuing Operations	-29.08	-306.81	35.52	-90.41	-620.25
Minority Interest in Earnings	-	-	-	14.99	38.37
Net Income	-29.08	-306.81	35.52	-75.42	-581.88
Net Income to Common	-29.08	-306.81	35.52	-75.42	-581.88
Shares Outstanding (Basic)	30	31	32	32	33
Shares Outstanding (Diluted)	30	31	32	32	33
Shares Change (YoY)	-2.12%	-3.58%	0.02%	-1.76%	-1.42%
EPS (Basic)	-0.96	-9.95	1.11	-2.36	-17.88
EPS (Diluted)	-0.96	-9.95	1.11	-2.36	-17.88
Free Cash Flow	-	-239.56	-52.84	-73.73	-592.63
Free Cash Flow Per Share	-	-7.77	-1.65	-2.31	-18.21
Gross Margin	12.82%	7.58%	12.37%	13.93%	11.89%
Operating Margin	0.13%	-11.97%	-2.67%	-2.78%	-7.08%
Profit Margin	-0.76%	-7.18%	0.64%	-1.06%	-6.35%
Free Cash Flow Margin	-	-5.61%	-0.96%	-1.04%	-6.47%
EBITDA	67.37	-448.77	-51.04	-109.87	-559.92
EBITDA Margin	1.76%	-10.51%	-0.92%	-1.55%	-6.11%
D&A For EBITDA	62.61	62.61	96.84	87.49	88.73
EBIT	4.76	-511.38	-147.88	-197.37	-648.65
EBIT Margin	0.13%	-11.97%	-2.67%	-2.78%	-7.08%
Effective Tax Rate	-	-	2.92%	-	-

Updated Mar 25, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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