OneConnect Financial Technology Co., Ltd. (OCFT)

OCFT Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,465	3,668	4,464	4,132	3,312	2,328
Revenue Growth (YoY)	-20.14%	-17.84%	8.03%	24.76%	42.29%	64.69%
Cost of Revenue	2,186	2,318	2,829	2,696	2,069	1,561
Gross Profit	1,278	1,349	1,635	1,437	1,243	766.86
Selling, General & Admin	738.11	780.32	1,236	1,430	1,464	1,392
Research & Development	880.69	955.2	1,418	1,353	1,173	956.1
Other Operating Expenses	-20.25	-17.91	-37.18	58.31	76.09	119.42
Operating Expenses	1,599	1,718	2,617	2,841	2,714	2,468
Operating Income	-320.15	-368.21	-981.56	-1,404.74	-1,470.33	-1,701.01
Interest Expense / Income	18.54	20.53	37.17	76.64	150.36	174.83
Other Expense / Income	7.76	-35.79	-84.32	-87.58	-129.95	-140.35
Pretax Income	-346.45	-352.95	-934.42	-1,393.79	-1,490.74	-1,735.49
Income Tax	11.72	9.76	-62.15	-112.1	-137.13	-74.92
Net Income	-358.18	-362.72	-872.27	-1,281.7	-1,353.61	-1,660.57
Shares Outstanding (Basic)	1,170	1,170	1,170	1,170	1,097	1,082
Shares Change	-	-0.00%	0.00%	6.62%	1.44%	-
EPS (Basic)	-	-9.90	-24.00	-34.80	-38.10	-53.10
EPS (Diluted)	-	-9.90	-24.00	-34.80	-38.10	-53.10
Free Cash Flow	-187.2	-685.23	-804.46	-531.33	-913.79	-2,131.01
Free Cash Flow Per Share	-4.80	-17.57	-20.63	-13.63	-24.98	-59.11
Gross Margin	36.90%	36.79%	36.63%	34.77%	37.54%	32.94%
Operating Margin	-9.24%	-10.04%	-21.99%	-33.99%	-44.39%	-73.07%
Profit Margin	-10.34%	-9.89%	-19.54%	-31.02%	-40.87%	-71.33%
Free Cash Flow Margin	-5.40%	-18.68%	-18.02%	-12.86%	-27.59%	-91.54%
EBITDA	-	-332.42	-897.25	-1,317.16	-1,340.38	-1,560.66
EBITDA Margin	-	-9.06%	-20.10%	-31.87%	-40.47%	-67.04%
EBIT	-327.91	-332.42	-897.25	-1,317.16	-1,340.38	-1,560.66
EBIT Margin	-9.46%	-9.06%	-20.10%	-31.87%	-40.47%	-67.04%

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