Northann Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	15.83	13.97	20.96	34.53	13.09
Revenue Growth (YoY)	-1.26%	-33.33%	-39.30%	163.67%	-
Cost of Revenue	14.32	12.76	15.2	28.69	8.57
Gross Profit	1.51	1.21	5.75	5.83	4.52
Selling, General & Admin	4.23	4.08	2.21	2.35	2.1
Research & Development	2.11	1.9	1.47	2.33	1.87
Operating Expenses	6.34	5.98	3.68	4.69	3.97
Operating Income	-4.83	-4.76	2.08	1.15	0.55
Interest Expense / Income	1.89	1.71	0.37	0.01	0
Other Expense / Income	0.53	0.64	0.65	0.26	0.14
Pretax Income	-7.25	-7.12	1.06	0.88	0.4
Income Tax	0.01	0.01	0.13	0.56	-0.04
Net Income	-7.26	-7.13	0.93	0.32	0.44
Net Income Growth	-	-	187.92%	-27.34%	-
Shares Outstanding (Basic)	21	20	20	20	20
Shares Outstanding (Diluted)	21	20	20	20	20
Shares Change	6.90%	-0.46%	1.86%	-	-
EPS (Basic)	-0.37	-0.35	0.05	0.02	0.02
EPS (Diluted)	-0.37	-0.35	0.05	0.02	0.02
EPS Growth	-	-	150.00%	0%	-
Free Cash Flow	-3.6	-4.68	-3.58	3.24	-1.66
Free Cash Flow Per Share	-0.17	-0.23	-0.18	0.16	-0.08
Gross Margin	9.53%	8.69%	27.46%	16.89%	34.53%
Operating Margin	-30.52%	-34.10%	9.91%	3.32%	4.20%
Profit Margin	-45.84%	-51.05%	4.43%	0.93%	3.39%
Free Cash Flow Margin	-22.71%	-33.49%	-17.09%	9.37%	-12.65%
Effective Tax Rate	-	-	12.02%	63.31%	-9.98%
EBITDA	-4.85	-4.8	2.05	1.73	1.27
EBITDA Margin	-30.64%	-34.34%	9.77%	5.00%	9.69%
Depreciation & Amortization	0.51	0.61	0.62	0.84	0.86
EBIT	-5.36	-5.41	1.42	0.89	0.41
EBIT Margin	-33.85%	-38.71%	6.79%	2.57%	3.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).