BingEx Limited (FLX)

BingEx Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,468	4,529	4,003	3,040	2,015
Revenue Growth (YoY)	-1.34%	13.14%	31.68%	50.90%	19.15%
Cost of Revenue	3,978	4,134	3,743	2,851	1,825
Gross Profit	490.56	394.56	259.26	189.11	189.22
Selling, General & Admin	372.48	293.06	343.12	384.85	304.48
Research & Development	143.86	90.85	118.62	104.77	100.21
Operating Expenses	516.34	383.91	461.74	489.62	404.69
Operating Income	-25.78	10.65	-202.48	-300.51	-215.47
Interest & Investment Income	25.42	25.53	12.84	5.87	3.98
Other Non Operating Income (Expenses)	41.67	74.32	9.2	3.64	5.79
EBT Excluding Unusual Items	41.31	110.5	-180.44	-291	-205.7
Gain (Loss) on Sale of Investments	-187.73	-	-	-	-
Other Unusual Items	-113.66	-146.34	-139.58	-130.98	-88.48
Pretax Income	-260.07	-35.84	-320.01	-421.99	-294.18
Income Tax Expense	0.07	-	-	-	-
Net Income	-260.14	-35.84	-320.01	-421.99	-294.18
Net Income to Common	-260.14	-35.84	-320.01	-421.99	-294.18
Shares Outstanding (Basic)	35	24	24	24	24
Shares Outstanding (Diluted)	35	24	24	24	24
Shares Change (YoY)	44.02%	-	-	-	-
EPS (Basic)	-7.53	-1.49	-13.33	-17.58	-12.26
EPS (Diluted)	-7.53	-1.49	-13.33	-17.58	-12.26
Free Cash Flow	-	42.62	-90.24	-200.14	-161.96
Free Cash Flow Per Share	-	1.78	-3.76	-8.34	-6.75
Gross Margin	10.98%	8.71%	6.48%	6.22%	9.39%
Operating Margin	-0.58%	0.24%	-5.06%	-9.89%	-10.70%
Profit Margin	-5.82%	-0.79%	-7.99%	-13.88%	-14.60%
Free Cash Flow Margin	-	0.94%	-2.25%	-6.58%	-8.04%
EBITDA	-20.89	15.54	-197.02	-296.23	-212.22
EBITDA Margin	-0.47%	0.34%	-4.92%	-9.74%	-10.53%
D&A For EBITDA	4.89	4.89	5.46	4.28	3.25
EBIT	-25.78	10.65	-202.48	-300.51	-215.47
EBIT Margin	-0.58%	0.24%	-5.06%	-9.89%	-10.70%
Advertising Expenses	-	-	-	-	124.62

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q