Here Group Income Statement

Financials in millions CNY. Fiscal year is July - June.

Millions CNY. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	2,726	3,795	3,081	2,868	1,760
Revenue Growth (YoY)	-28.19%	23.17%	7.44%	62.96%	-
Cost of Revenue	503.73	550.31	391.5	408.76	178.93
Gross Profit	2,222	3,245	2,690	2,459	1,581
Selling, General & Admin	1,726	2,713	2,584	2,421	1,795
Research & Development	98.53	144.87	219.78	273.48	116.27
Operating Expenses	1,825	2,858	2,803	2,695	1,912
Operating Income	396.9	387.41	-113.61	-235.38	-330.53
Interest & Investment Income	5	10.52	5.33	0.39	0.44
Earnings From Equity Investments	1.39	-	-	-	-
Other Non Operating Income (Expenses)	9.15	10.51	12.08	15.02	12.69
EBT Excluding Unusual Items	412.44	408.44	-96.2	-219.97	-317.4
Impairment of Goodwill	-	-7.39	-	-	-
Gain (Loss) on Sale of Investments	48.94	18.45	9.24	4.89	2.4
Asset Writedown	-	-2.65	-	-	-
Other Unusual Items	8.11	-	-	-	-
Pretax Income	469.49	416.86	-86.97	-215.08	-315
Income Tax Expense	112.92	31.33	21.69	18.35	1.04
Earnings From Continuing Operations	356.57	385.53	-108.65	-233.43	-316.04
Minority Interest in Earnings	2.16	-	0.12	-	-
Net Income	358.73	385.53	-108.54	-233.43	-316.04
Preferred Dividends & Other Adjustments	-	-	22.38	25.64	214.92
Net Income to Common	358.73	385.53	-130.92	-259.07	-530.95
Net Income Growth	-6.95%	-	-	-	-
Shares Outstanding (Basic)	54	55	35	16	14
Shares Outstanding (Diluted)	55	57	35	16	14
Shares Change (YoY)	-2.85%	63.59%	110.97%	19.57%	-
EPS (Basic)	6.67	7.01	-3.78	-15.77	-38.66
EPS (Diluted)	6.51	6.81	-3.78	-15.78	-38.67
EPS Growth	-4.41%	-	-	-	-
Free Cash Flow	180.79	279.08	229.87	268.08	73.6
Free Cash Flow Per Share	3.28	4.92	6.63	16.32	5.36
Gross Margin	81.52%	85.50%	87.30%	85.75%	89.83%
Operating Margin	14.56%	10.21%	-3.69%	-8.21%	-18.78%
Profit Margin	13.16%	10.16%	-4.25%	-9.03%	-30.17%
Free Cash Flow Margin	6.63%	7.35%	7.46%	9.35%	4.18%
EBITDA	405.45	392.43	-109.89	-224.78	-323.11
EBITDA Margin	14.88%	10.34%	-3.57%	-7.84%	-18.36%
D&A For EBITDA	8.55	5.01	3.71	10.6	7.42
EBIT	396.9	387.41	-113.61	-235.38	-330.53
EBIT Margin	14.56%	10.21%	-3.69%	-8.21%	-18.78%
Effective Tax Rate	24.05%	7.51%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q