Here Group Income Statement

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

Millions CNY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	2,042	2,726	3,795	3,081	2,868	1,760
Revenue Growth (YoY)	-45.34%	-28.19%	23.17%	7.44%	62.96%	-
Cost of Revenue	444.01	503.73	550.31	391.5	408.76	178.93
Gross Profit	1,598	2,222	3,245	2,690	2,459	1,581
Selling, General & Admin	1,247	1,726	2,713	2,584	2,421	1,795
Research & Development	86.27	98.53	144.87	219.78	273.48	116.27
Operating Expenses	1,333	1,825	2,858	2,803	2,695	1,912
Operating Income	265.53	396.9	387.41	-113.61	-235.38	-330.53
Interest & Investment Income	3.94	5	10.52	5.33	0.39	0.44
Earnings From Equity Investments	1.39	1.39	-	-	-	-
Other Non Operating Income (Expenses)	3.08	9.15	10.51	12.08	15.02	12.69
EBT Excluding Unusual Items	273.93	412.44	408.44	-96.2	-219.97	-317.4
Impairment of Goodwill	-	-	-7.39	-	-	-
Gain (Loss) on Sale of Investments	48.94	48.94	18.45	9.24	4.89	2.4
Asset Writedown	-	-	-2.65	-	-	-
Other Unusual Items	8.11	8.11	-	-	-	-
Pretax Income	330.98	469.49	416.86	-86.97	-215.08	-315
Income Tax Expense	80.86	112.92	31.33	21.69	18.35	1.04
Earnings From Continuing Operations	250.12	356.57	385.53	-108.65	-233.43	-316.04
Minority Interest in Earnings	1.08	2.16	-	0.12	-	-
Net Income	569.65	358.73	385.53	-108.54	-233.43	-316.04
Preferred Dividends & Other Adjustments	-	-	-	22.38	25.64	214.92
Net Income to Common	569.65	358.73	385.53	-130.92	-259.07	-530.95
Net Income Growth	42.58%	-6.95%	-	-	-	-
Shares Outstanding (Basic)	54	54	55	35	16	14
Shares Outstanding (Diluted)	55	55	57	35	16	14
Shares Change (YoY)	-0.50%	-2.85%	63.59%	110.97%	19.57%	-
EPS (Basic)	10.48	6.67	7.01	-3.78	-15.77	-38.66
EPS (Diluted)	10.32	6.51	6.81	-3.78	-15.78	-38.67
EPS Growth	43.17%	-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	78.26%	81.52%	85.50%	87.30%	85.75%	89.83%
Operating Margin	13.00%	14.56%	10.21%	-3.69%	-8.21%	-18.78%
Profit Margin	27.89%	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	274.96	405.45	392.43	-109.89	-224.78	-323.11
EBITDA Margin	13.46%	14.88%	10.34%	-3.57%	-7.84%	-18.36%
D&A For EBITDA	9.43	8.55	5.01	3.71	10.6	7.42
EBIT	265.53	396.9	387.41	-113.61	-235.38	-330.53
EBIT Margin	13.00%	14.56%	10.21%	-3.69%	-8.21%	-18.78%
Effective Tax Rate	24.43%	24.05%	7.51%	-	-	-

Updated Dec 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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