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	81.05
Revenue Growth (YoY)	-4.77%	44.65%	249.10%	101.06%	-
Cost of Revenue	758.76	788.39	537.61	143.1	70.03
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
Operating Expenses	71.5	30.82	37.7	41.84	25.34
Operating Income	-42.35	3.63	-6.44	-21.98	-14.32
Interest Expense	-0.82	-0.76	-0.41	-0.02	-34.77
Other Non Operating Income (Expenses)	2.42	2.38	3.55	2.41	0.64
EBT Excluding Unusual Items	-41.44	5.24	-3.3	-19.59	-48.45
Gain (Loss) on Sale of Investments	-	-	-	0.48	-
Gain (Loss) on Sale of Assets	-0.9	-0.44	-0.7	4.32	-
Pretax Income	-42.34	4.8	-4	-14.8	-48.45
Income Tax Expense	-2.28	-0.97	2.37	-	0.01
Earnings From Continuing Operations	-40.06	5.78	-6.37	-14.8	-48.46
Minority Interest in Earnings	0.8	-0.23	0.16	1.15	3.4
Net Income	-39.26	5.54	-6.21	-13.65	-45.06
Net Income to Common	-39.26	5.54	-6.21	-13.65	-45.06
Shares Outstanding (Basic)	151	148	144	133	230
Shares Outstanding (Diluted)	151	148	144	133	230
Shares Change (YoY)	3.48%	3.13%	8.24%	-42.39%	-
EPS (Basic)	-0.26	0.04	-0.04	-0.10	-0.20
EPS (Diluted)	-0.26	0.04	-0.04	-0.10	-0.20
Free Cash Flow	-48.95	4.32	-16.96	1.02	-72.85
Free Cash Flow Per Share	-0.33	0.03	-0.12	0.01	-0.32
Gross Margin	3.70%	4.19%	5.49%	12.18%	13.60%
Operating Margin	-5.37%	0.44%	-1.13%	-13.49%	-17.67%
Profit Margin	-4.98%	0.67%	-1.09%	-8.37%	-55.60%
Free Cash Flow Margin	-6.21%	0.53%	-2.98%	0.62%	-89.89%
EBITDA	-34.04	12.39	3.69	-12.25	-10.23
EBITDA Margin	-4.32%	1.51%	0.65%	-7.52%	-12.62%
D&A For EBITDA	8.3	8.77	10.13	9.74	4.1
EBIT	-42.35	3.63	-6.44	-21.98	-14.32
EBIT Margin	-5.37%	0.44%	-1.13%	-13.49%	-17.67%
Revenue as Reported	787.92	822.83	568.87	162.95	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q