LZ Technology Holdings Limited (LZMH)

LZ Technology Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	827.42	568.87	162.95	81.05
Revenue Growth (YoY)	166.00%	249.10%	101.06%	-
Cost of Revenue	796.11	537.61	143.1	70.03
Gross Profit	31.31	31.26	19.85	11.02
Selling, General & Admin	29.02	32.22	34.91	18.93
Research & Development	4.77	5.48	6.93	6.41
Operating Expenses	33.79	37.7	41.84	25.34
Operating Income	-2.48	-6.44	-21.98	-14.32
Interest Expense	-0.55	-0.41	-0.02	-34.77
Other Non Operating Income (Expenses)	1.56	2.84	2.41	0.64
EBT Excluding Unusual Items	-1.47	-4	-19.59	-48.45
Gain (Loss) on Sale of Investments	-	-	0.48	-
Gain (Loss) on Sale of Assets	-	-	4.32	-
Pretax Income	-1.47	-4	-14.8	-48.45
Income Tax Expense	4.05	2.37	-	0.01
Earnings From Continuing Operations	-5.52	-6.37	-14.8	-48.46
Minority Interest in Earnings	-0.41	0.16	1.15	3.4
Net Income	-5.94	-6.21	-13.65	-45.06
Net Income to Common	-5.94	-6.21	-13.65	-45.06
Shares Outstanding (Basic)	255	253	234	230
Shares Outstanding (Diluted)	255	253	234	230
Shares Change (YoY)	35.25%	8.24%	1.40%	-
EPS (Basic)	-0.02	-0.02	-0.06	-0.20
EPS (Diluted)	-0.02	-0.02	-0.06	-0.20
Free Cash Flow	-8.28	-16.96	1.02	-72.85
Free Cash Flow Per Share	-0.03	-0.07	0.00	-0.32
Gross Margin	3.78%	5.49%	12.18%	13.60%
Operating Margin	-0.30%	-1.13%	-13.49%	-17.67%
Profit Margin	-0.72%	-1.09%	-8.37%	-55.60%
Free Cash Flow Margin	-1.00%	-2.98%	0.62%	-89.89%
EBITDA	8.05	3.69	-12.25	-10.23
EBITDA Margin	0.97%	0.65%	-7.52%	-12.62%
D&A For EBITDA	10.53	10.13	9.74	4.1
EBIT	-2.48	-6.44	-21.98	-14.32
EBIT Margin	-0.30%	-1.13%	-13.49%	-17.67%
Revenue as Reported	827.42	568.87	162.95	-

Source: S&P Capital IQ. Standard template. Financial Sources.