Nano Labs Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	27.01	40.6	78.34	983.17	39.44
Revenue Growth	-33.47%	-48.18%	-92.03%	2392.76%	1754.58%
Cost of Revenue	-66.8	-28.99	-181.78	753	43.53
Gross Profit	-39.79	11.6	-103.45	230.16	-4.09
Selling, General & Admin	-59.32	-59.97	-68.73	77.63	29.24
Research & Development	-8.06	-50.15	-88.6	131.85	145.46
Other Operating Expenses	-178.57	15.74	-	-	-
Total Operating Expenses	-245.95	-94.37	-157.34	209.48	174.7
Operating Income	71.39	-114.26	-260.79	20.68	-178.79
Interest Income	0.05	0.5	0.49	-2.01	-3.5
Interest Expense	-16.94	-6.91	-	-	-
Other Non-Operating Income (Expense)	71.45	1.13	5.93	-8.43	-0.35
Total Non-Operating Income (Expense)	54.55	-5.28	6.42	-10.43	-3.84
Pretax Income	125.95	-119.54	-254.37	31.12	-174.94
Provision for Income Taxes	-	-	0.02	-	-
Net Income	125.95	-119.54	-254.35	31.12	-174.94
Minority Interest in Earnings	-9.52	-6.35	-1.53	-	-
Net Income to Common	135.47	-113.19	-252.82	31.12	-174.94
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	10	4	3	3	2
Shares Outstanding (Diluted)	10	4	3	3	2
Shares Change	146.75%	36.70%	10.46%	18.62%	13.41%
EPS (Basic)	13.64	-28.12	-85.88	11.68	-77.80
EPS (Diluted)	13.64	-28.12	-85.88	11.68	-77.80
EPS Growth	-	-	-	-	-
Free Cash Flow	-108.32	-175.7	-238.96	-292.47	63.04
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Per Share	-10.91	-43.65	-81.16	-109.73	28.06
Gross Margin	-147.33%	28.58%	-132.06%	23.41%	-10.37%
Operating Margin	264.35%	-281.45%	-332.91%	2.10%	-453.30%
Profit Margin	466.36%	-294.46%	-324.70%	3.17%	-443.56%
FCF Margin	-401.07%	-432.79%	-305.04%	-29.75%	159.83%
EBITDA	83.56	-102.62	-250.61	30.12	-173.26
EBITDA Margin	309.39%	-252.80%	-319.92%	3.06%	-439.28%
EBIT	71.39	-114.26	-260.79	20.68	-178.79
EBIT Margin	264.35%	-281.45%	-332.91%	2.10%	-453.30%
Effective Tax Rate	0.00%	0.00%	-0.01%	0.00%	0.00%

SEC Filings: 10-K · 10-Q