J and Friends Holdings Limited (JF)

J and Friends Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	-	4.81	7.45	10.81	27.26
Revenue Growth (YoY)	-	-35.35%	-31.11%	-60.34%	-52.93%
Cost of Revenue	-	-1.76	-5.4	-9.09	-14.12
Gross Profit	1.14	3.06	2.05	1.72	13.14
Selling, General & Admin	1.98	4.48	5.98	11.23	20.3
Research & Development	0.5	0.31	0.02	2.31	3.57
Other Operating Expenses	-	0.2	1.95	-	0.49
Total Operating Expenses	2.48	4.99	7.94	13.54	24.36
Operating Income	-1.34	-1.93	-5.89	-11.82	-11.22
Interest Expense	-0.05	-0.01	-0.63	-	-5.11
Other Non-Operating Income (Expense)	0.59	0	-7.55	-16.31	0.29
Total Non-Operating Income (Expense)	0.53	-0.01	-8.18	-16.31	-4.82
Pretax Income	-0.81	-1.93	-13.44	-28.13	-16.04
Provision for Income Taxes	-0.07	0.09	-1.96	0.37	1.08
Net Income	-2.87	-4.27	-21.83	-27.57	-16.01
Minority Interest in Earnings	-0.22	0.19	-1.06	-0.92	-1.12
Earnings From Discontinued Operations	-0.8	-1.74	-5.7	-	-
Net Income to Common	-2.87	-4.27	-21.83	-27.57	-16.01
Shares Outstanding (Basic)	17	16	14	9	9
Shares Outstanding (Diluted)	17	16	14	9	9
Shares Change (YoY)	4.92%	12.12%	64.84%	0.13%	0.80%
EPS (Basic)	-0.07	-0.14	-0.70	-3.20	-1.87
EPS (Diluted)	-0.07	-0.14	-0.70	-3.20	-1.87
Shares Outstanding	18.24	15.85	15.85	8.68	8.57
Free Cash Flow	0.14	-2.05	1.11	-1.53	-5.09
Free Cash Flow Per Share	0.01	-0.13	0.08	-0.18	-0.59
Gross Margin	-	63.46%	27.55%	15.93%	48.21%
Operating Margin	-	-40.13%	-79.09%	-109.34%	-41.18%
Profit Margin	-	-48.65%	-230.75%	-263.59%	-62.81%
FCF Margin	-	-42.65%	14.95%	-14.15%	-18.68%
EBITDA	-1.13	-1.83	-5.62	-11.01	-9.28
EBITDA Margin	-	-37.94%	-75.50%	-101.88%	-34.05%
EBIT	-1.34	-1.93	-5.89	-11.82	-11.22
EBIT Margin	-	-40.13%	-79.09%	-109.34%	-41.18%
Effective Tax Rate	8.05%	-4.86%	14.61%	-1.30%	-6.74%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.