Nano Labs Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	78.34	78.34	983.17	39.44	2.13	-
Revenue Growth (YoY)	-92.03%	-92.03%	2392.77%	1754.58%	-	-
Cost of Revenue	121.02	121.02	568.93	16.78	1.27	-
Gross Profit	-42.68	-42.68	414.24	22.66	0.86	-
Selling, General & Admin	68.73	68.73	77.63	29.24	3.3	0.83
Research & Development	88.6	88.6	131.85	145.46	34.48	10.14
Operating Expenses	157.34	157.34	209.48	174.7	37.77	10.97
Operating Income	-200.02	-200.02	204.76	-152.03	-36.92	-10.97
Interest Expense	-0.92	-0.92	-	-0.51	-0	-0.09
Interest & Investment Income	0.49	0.49	2.01	3.5	0.02	-
Other Non Operating Income (Expenses)	6.85	6.85	8.43	0.86	-0.8	0.04
EBT Excluding Unusual Items	-193.6	-193.6	215.19	-148.19	-37.7	-11.03
Asset Writedown	-60.77	-60.77	-184.07	-26.75	-	-
Pretax Income	-254.37	-254.37	31.12	-174.94	-37.7	-11.03
Income Tax Expense	-0.02	-0.02	-	-	0	0
Net Income	-254.35	-254.35	31.12	-174.94	-37.7	-11.03
Net Income to Common	-254.35	-254.35	31.12	-174.94	-37.7	-11.03
Shares Outstanding (Basic)	59	59	53	45	40	40
Shares Outstanding (Diluted)	59	59	53	45	40	40
Shares Change (YoY)	10.46%	10.46%	18.62%	13.41%	-	-
EPS (Basic)	-4.32	-4.32	0.58	-3.89	-0.95	-0.28
EPS (Diluted)	-4.32	-4.32	0.58	-3.89	-0.96	-0.28
Free Cash Flow	-238.96	-238.96	-292.47	63.04	-3.96	7.67
Free Cash Flow Per Share	-4.06	-4.06	-5.49	1.40	-0.10	0.19
Gross Margin	-54.49%	-54.49%	42.13%	57.46%	40.26%	-
Operating Margin	-255.33%	-255.33%	20.83%	-385.47%	-1735.85%	-
Profit Margin	-	-	3.17%	-	-	-
Free Cash Flow Margin	-305.04%	-305.04%	-29.75%	159.83%	-186.43%	-
EBITDA	-195.59	-195.59	208.69	-149.42	-36.56	-10.87
EBITDA Margin	-249.69%	-249.69%	21.23%	-	-	-
D&A For EBITDA	4.42	4.42	3.93	2.61	0.35	0.11
EBIT	-200.02	-200.02	204.76	-152.03	-36.92	-10.97
EBIT Margin	-255.33%	-255.33%	20.83%	-	-	-
Revenue as Reported	78.34	78.34	983.17	39.44	-	-

Source: S&P Capital IQ. Standard template.