XCHG Limited (XCH)

XCHG Limited Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	42.28	38.51	29.42	13.16
Revenue Growth (YoY)	30.65%	30.89%	123.65%	-
Cost of Revenue	22.14	20.94	18.72	8.53
Gross Profit	20.14	17.57	10.7	4.63
Selling, General & Admin	22.11	20.46	6.26	4.88
Research & Development	4.31	4.06	2.82	1.71
Other Operating Expenses	-0.46	-0.43	-0.03	-0.04
Operating Expenses	25.96	24.09	9.05	6.55
Operating Income	-5.81	-6.52	1.65	-1.93
Interest Expense	-0.2	-0.19	-0.07	-0.34
Interest & Investment Income	0.11	0.1	0.2	0.21
Other Non Operating Income (Expenses)	-1.63	-1.47	-0.19	-0.01
Pretax Income	-7.54	-8.08	1.6	-2.07
Income Tax Expense	0.01	-	-0.01	0
Net Income	-7.55	-8.08	1.61	-2.07
Preferred Dividends & Other Adjustments	2.66	2.38	1.58	3.54
Net Income to Common	-10.21	-10.46	0.03	-5.6
Shares Outstanding (Basic)	19	18	16	16
Shares Outstanding (Diluted)	19	18	16	16
Shares Change (YoY)	14.42%	8.71%	-	-
EPS (Basic)	-0.54	-0.59	0.00	-0.34
EPS (Diluted)	-0.54	-0.59	0.00	-0.34
Free Cash Flow	-6.89	-6.1	0.64	-6.57
Free Cash Flow Per Share	-0.37	-0.34	0.04	-0.40
Gross Margin	47.65%	45.63%	36.38%	35.17%
Operating Margin	-13.75%	-16.92%	5.62%	-14.65%
Profit Margin	-24.14%	-27.16%	0.09%	-42.60%
Free Cash Flow Margin	-16.31%	-15.84%	2.16%	-49.96%
EBITDA	-5.6	-6.31	1.79	-1.71
EBITDA Margin	-13.25%	-16.40%	6.09%	-13.00%
D&A For EBITDA	0.21	0.2	0.14	0.22
EBIT	-5.81	-6.52	1.65	-1.93
EBIT Margin	-13.75%	-16.92%	5.62%	-14.65%
Advertising Expenses	-	0.8	0.16	0.04

Source: S&P Capital IQ. Standard template. Financial Sources.