Kandi Technologies Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2006
Revenue	123.6	117.81	91.49	76.92	135.74	112.44	102.81	129.49	201.07	170.23	Upgrade
Revenue Growth (YoY)	4.91%	28.78%	18.94%	-43.33%	20.72%	9.37%	-20.61%	-35.60%	18.12%	80.07%	Upgrade
Cost of Revenue	82.23	98.3	75.24	63.43	110.31	92.19	88.46	111.77	172.65	146.83	Upgrade
Gross Profit	41.37	19.52	16.25	13.49	25.43	20.25	14.34	17.72	28.42	23.4	Upgrade
Selling, General & Admin	48.72	37.83	24.34	19.66	18.31	11.8	12.8	22.23	28.89	15.4	Upgrade
Research & Development	4.27	6.03	38.97	7.25	6.21	10.08	27.63	26.5	3.48	2.76	Upgrade
Other Operating Expenses	1.44	3.34	-48.4	-14.17	0	0	0	0	0	0	Upgrade
Operating Expenses	54.42	47.2	14.91	12.73	24.52	21.89	40.43	48.74	32.37	18.16	Upgrade
Operating Income	-13.05	-27.68	1.34	0.75	0.91	-1.64	-26.08	-31.02	-3.95	5.24	Upgrade
Interest Expense / Income	1.33	0.71	0.41	3.75	4.82	1.87	2.28	1.83	2.21	3.48	Upgrade
Other Expense / Income	-16.19	-15.78	-28.28	12.45	3.97	-5.59	3.25	-27.02	-26.96	-12.92	Upgrade
Pretax Income	1.81	-12.61	29.21	-15.44	-7.88	2.08	-31.61	-5.83	20.79	14.69	Upgrade
Income Tax	1.8	-0.49	6.35	-5.05	-0.69	7.77	-3.26	0.68	6.13	2.41	Upgrade
Net Income	0.01	-12.12	22.86	-10.39	-7.19	-5.69	-28.35	-6.51	14.67	12.27	Upgrade
Net Income Growth	-	-	-	-	-	-	-	-	19.51%	-	Upgrade
Shares Outstanding (Basic)	79	76	76	56	52	51	48	47	47	43	Upgrade
Shares Outstanding (Diluted)	80	76	76	56	52	51	48	47	47	43	Upgrade
Shares Change	5.73%	-0.76%	36.08%	6.92%	2.24%	6.77%	1.05%	1.11%	9.86%	23.07%	Upgrade
EPS (Basic)	0.02	-0.17	0.30	-0.19	-0.14	-0.11	-0.59	-0.14	0.31	0.29	Upgrade
EPS (Diluted)	0.02	-0.17	0.30	-0.19	-0.14	-0.11	-0.59	-0.14	0.31	0.29	Upgrade
EPS Growth	-	-	-	-	-	-	-	-	6.90%	-	Upgrade
Free Cash Flow	-114.41	27.66	4.41	-16.49	-30.48	14.27	-5.09	-55.81	-4.48	-59.3	Upgrade
Free Cash Flow Per Share	-1.45	0.37	0.06	-0.29	-0.58	0.28	-0.11	-1.18	-0.10	-1.39	Upgrade
Gross Margin	33.47%	16.57%	17.76%	17.53%	18.73%	18.01%	13.95%	13.69%	14.13%	13.75%	Upgrade
Operating Margin	-10.56%	-23.49%	1.46%	0.98%	0.67%	-1.46%	-25.37%	-23.95%	-1.97%	3.08%	Upgrade
Profit Margin	0.01%	-10.29%	24.99%	-13.51%	-5.30%	-5.06%	-27.57%	-5.03%	7.29%	7.21%	Upgrade
Free Cash Flow Margin	-92.56%	23.48%	4.82%	-21.44%	-22.46%	12.69%	-4.95%	-43.10%	-2.23%	-34.84%	Upgrade
Effective Tax Rate	99.61%	-	21.73%	-	-	374.30%	-	-	29.47%	16.44%	Upgrade
EBITDA	15.05	0.52	39.66	-3.47	5.14	8.27	-24.55	0.87	28.8	23.74	Upgrade
EBITDA Margin	12.18%	0.45%	43.35%	-4.51%	3.79%	7.36%	-23.88%	0.67%	14.32%	13.94%	Upgrade
Depreciation & Amortization	11.91	12.43	10.04	8.22	8.2	4.33	4.78	4.86	5.79	5.57	Upgrade
EBIT	3.14	-11.9	29.62	-11.69	-3.06	3.95	-29.33	-4	23.01	18.17	Upgrade
EBIT Margin	2.54%	-10.10%	32.37%	-15.20%	-2.25%	3.51%	-28.53%	-3.09%	11.44%	10.67%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).