Sound Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,103	2,032	2,072	2,185	2,120
Revenue Growth (YoY)	52.71%	-1.93%	-5.19%	3.10%	41.03%
Cost of Revenue	2,198	1,475	1,486	1,469	1,503
Gross Profit	905.16	556.86	585.38	716.35	617.01
Selling, General & Admin	447.94	413.87	431.55	366.35	490.82
Research & Development	240.21	232.69	301.49	283.35	264.71
Total Operating Expenses	688.16	646.56	733.04	649.69	755.53
Operating Income	217	-89.7	-147.67	66.65	-138.52
Interest Income	7.27	10.04	10.82	7.28	2.27
Interest Expense	-0.03	-0.42	-1.56	-2.47	-2.9
Other Non-Operating Income (Expense)	-0.81	2.36	4.33	15.25	12.28
Total Non-Operating Income (Expense)	6.43	11.99	13.59	20.06	11.64
Pretax Income	223.43	-77.72	-134.08	86.71	-126.87
Provision for Income Taxes	2.78	3.26	0.43	0.21	0.38
Net Income	220.65	-80.98	-134.52	86.5	-127.25
Minority Interest in Earnings	-5.83	-11.4	-7.86	-0.01	-
Net Income to Common	226.48	-69.58	-126.65	86.52	-127.25
Shares Outstanding (Basic)	5	5	5	52	50
Shares Outstanding (Diluted)	5	5	5	52	50
Shares Change (YoY)	-8.10%	-4.84%	-89.61%	4.73%	12.29%
EPS (Basic)	48.00	-14.00	-24.00	1.60	-2.60
EPS (Diluted)	48.00	-14.00	-24.00	1.60	-2.60
Free Cash Flow	276.58	-37.54	-123.01	124.58	-60.5
Free Cash Flow Per Share	58.63	-7.31	-22.80	2.40	-1.22
Gross Margin	29.17%	27.41%	28.25%	32.78%	29.11%
Operating Margin	6.99%	-4.41%	-7.13%	3.05%	-6.54%
Profit Margin	7.11%	-3.99%	-6.49%	3.96%	-6.00%
FCF Margin	8.91%	-1.85%	-5.94%	5.70%	-2.85%
EBITDA	239.92	-60.87	-116.56	100.47	-107.28
EBITDA Margin	7.73%	-3.00%	-5.63%	4.60%	-5.06%
EBIT	217	-89.7	-147.67	66.65	-138.52
EBIT Margin	6.99%	-4.41%	-7.13%	3.05%	-6.54%
Effective Tax Rate	1.24%	-4.20%	-0.32%	0.24%	-0.30%

SEC Filings: 10-K · 10-Q