Lichen China Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	39.76	33.81	34.3	30.67
Revenue Growth (YoY)	17.61%	-1.43%	11.83%	-
Cost of Revenue	15.44	13.61	13.82	11.83
Gross Profit	24.32	20.19	20.48	18.84
Selling, General & Admin	12.06	9.54	9.18	10.05
Operating Expenses	12.06	9.54	9.18	10.05
Operating Income	12.26	10.65	11.3	8.79
Other Expense / Income	0.67	-0.09	-0.22	-0.21
Pretax Income	11.59	10.74	11.51	9
Income Tax	3.25	2.92	3.05	2.59
Net Income	8.34	7.82	8.46	6.41
Net Income Growth	6.65%	-7.61%	32.07%	-
Shares Outstanding (Basic)	26	23	23	23
Shares Outstanding (Diluted)	26	23	23	23
Shares Change	15.88%	-	-	-
EPS (Basic)	0.32	0.35	0.38	0.28
EPS (Diluted)	0.32	0.35	0.38	0.28
EPS Growth	-8.57%	-7.89%	35.71%	-
Free Cash Flow	-7.25	8.82	7.87	8.35
Free Cash Flow Per Share	-0.28	0.39	0.35	0.37
Gross Margin	61.17%	59.73%	59.70%	61.42%
Operating Margin	30.83%	31.50%	32.94%	28.65%
Profit Margin	20.97%	23.13%	24.67%	20.89%
Free Cash Flow Margin	-18.22%	26.08%	22.93%	27.23%
Effective Tax Rate	28.05%	27.22%	26.51%	28.78%
EBITDA	14.58	13.47	14.05	11.24
EBITDA Margin	36.68%	39.86%	40.98%	36.66%
Depreciation & Amortization	3	2.73	2.54	2.25
EBIT	11.59	10.74	11.51	9
EBIT Margin	29.15%	31.78%	33.57%	29.33%

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).