BingEx Limited (FLX)

BingEx Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,691	4,529	4,003	3,040
Revenue Growth (YoY)	-	13.14%	31.68%	-
Cost of Revenue	-	4,134	3,743	2,851
Gross Profit	469.03	394.56	259.26	189.11
Selling, General & Admin	-	293.06	343.12	384.85
Research & Development	-	90.85	118.62	104.77
Operating Expenses	-	383.91	461.74	489.62
Operating Income	109.79	10.65	-202.48	-300.51
Interest Expense / Income	-	-20.88	-9.57	-5.33
Other Expense / Income	-82.34	-78.97	-12.48	-4.17
Pretax Income	43.57	-35.84	-320.01	-421.99
Net Income	192.13	110.5	-180.44	-291
Net Income Common	43.57	-35.84	-320.01	-421.99
Free Cash Flow	83.4	42.62	-90.24	-200.14
Gross Margin	10.00%	8.71%	6.48%	6.22%
Operating Margin	2.34%	0.24%	-5.06%	-9.89%
Profit Margin	0.93%	-0.79%	-7.99%	-13.88%
Free Cash Flow Margin	1.78%	0.94%	-2.25%	-6.58%
EBITDA	-	94.51	-184.54	-
EBITDA Margin	-	2.09%	-4.61%	-
Depreciation & Amortization	-	4.89	5.46	4.28
EBIT	-	89.62	-190	-
EBIT Margin	-	1.98%	-4.75%	-

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).