BTC Digital Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	9.07	11.83	0	0	1,448	1,424	1,150
Revenue Growth (YoY)	-23.31%	-	-	-	1.66%	23.88%	-
Cost of Revenue	10.21	10.06	0	0	755.36	628	467.97
Gross Profit	-1.14	1.77	0	0	692.54	796.24	681.75
Selling, General & Admin	1.35	0.72	6.76	8.16	887.89	718.37	610.57
Research & Development	0	0	0	0	32.33	26.18	21.22
Operating Expenses	1.35	0.72	6.76	8.16	920.22	744.55	631.79
Operating Income	-2.48	1.05	-6.76	-8.16	-227.68	51.69	49.96
Interest Expense / Income	0.06	0.02	0	0	2.45	0.01	0.01
Other Expense / Income	0.28	-6.66	377.54	402.83	-20.34	-20.03	-10.15
Pretax Income	-2.82	7.69	-384.3	-410.99	-209.8	71.71	60.1
Income Tax	0	0	0	0	9.61	14.45	19.54
Net Income	-2.82	7.69	-384.3	-410.99	-219.4	57.25	40.56
Preferred Dividends	0	0	0	0	0	9.81	19
Net Income Common	-2.82	7.69	-384.3	-410.99	-219.4	47.44	21.56
Net Income Growth	-	-	-	-	-	120.04%	-
Shares Outstanding (Basic)	1	1	0	0	0	0	0
Shares Outstanding (Diluted)	1	1	0	0	0	0	0
Shares Change	118.86%	3302.50%	448.58%	-95.46%	2.98%	-83.78%	-
EPS (Basic)	-1.89	15.10	-16911.00	-510432.40	-2720.40	624.06	48.01
EPS (Diluted)	-1.89	15.10	-19151.00	-112355.80	-2720.40	606.06	42.00
EPS Growth	-	-	-	-	-	1342.86%	-
Free Cash Flow	1.87	-29.32	-531.92	-346.12	-108.04	14.59	187.26
Free Cash Flow Per Share	1.25	-42.94	-23406.86	-111929.96	-1339.51	191.90	398.19
Gross Margin	-12.51%	14.94%	-	-	47.83%	55.91%	59.30%
Operating Margin	-27.34%	8.85%	-	-	-15.72%	3.63%	4.35%
Profit Margin	-31.13%	64.96%	-	-	-15.15%	3.33%	1.88%
Free Cash Flow Margin	20.62%	-247.79%	-	-	-7.46%	1.02%	16.29%
Effective Tax Rate	-	-	-	-	-	20.16%	32.51%
EBITDA	0.39	13.23	-273.95	-229.57	-14.06	126.66	96.88
EBITDA Margin	4.30%	111.81%	-	-	-0.97%	8.89%	8.43%
Depreciation & Amortization	3.15	5.52	110.35	181.42	193.28	54.94	36.77
EBIT	-2.76	7.71	-384.3	-410.99	-207.34	71.72	60.11
EBIT Margin	-30.43%	65.13%	-	-	-14.32%	5.04%	5.23%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).