LZ Technology Holdings Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	787.92	822.83	568.87	162.95	-
Revenue Growth (YoY)	-4.77%	44.65%	249.10%	-	-
Cost of Revenue	758.76	788.39	537.61	143.1	-
Gross Profit	29.16	34.44	31.26	19.85	11.02
Selling, General & Admin	57.84	26.35	32.22	34.91	18.93
Research & Development	13.67	4.46	5.48	6.93	6.41
Total Operating Expenses	71.5	30.82	37.7	41.84	25.34
Operating Income	-42.35	3.63	-6.44	-21.98	-14.32
Total Non-Operating Income (Expense)	0	1.18	2.44	7.19	-34.13
Pretax Income	-42.34	4.8	-4	-14.8	-48.45
Provision for Income Taxes	-2.28	-0.97	2.37	-	0.01
Net Income	-39.68	5.54	-6.21	-13.65	-45.06
Minority Interest in Earnings	-	-	-	-	-3.4
Net Income to Common	-39.68	5.54	-6.21	-13.65	-45.06
Shares Outstanding (Basic)	148	139	155	136	58
Shares Outstanding (Diluted)	148	139	155	136	58
Shares Change (YoY)	62.23%	-10.74%	13.76%	136.20%	-
EPS (Basic)	-0.27	0.04	-0.04	-0.10	-0.78
EPS (Diluted)	-0.27	0.04	-0.04	-0.10	-0.78
Free Cash Flow	-48.95	4.32	-16.96	1.02	-72.85
Free Cash Flow Per Share	-	0.03	-0.16	0.01	-0.77
Gross Margin	3.70%	4.19%	5.49%	12.18%	-
Operating Margin	-5.37%	0.44%	-1.13%	-13.49%	-
Profit Margin	-5.08%	0.70%	-1.12%	-9.08%	-
FCF Margin	-6.21%	0.53%	-2.98%	0.62%	-
EBITDA	-42.35	12.33	3.69	-11.98	-10.11
EBITDA Margin	-5.37%	1.50%	0.65%	-7.35%	-
EBIT	-42.35	3.63	-6.44	-21.98	-14.32
EBIT Margin	-5.37%	0.44%	-1.13%	-13.49%	-
Effective Tax Rate	5.39%	-20.23%	-59.14%	0.00%	-0.02%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q