Xinxu Copper Industry Technology Limited (XXC)

XXC Income Statement

Financials in millions USD. Fiscal year is July - June.

Year Ending	TTM	Jun 30, 2023	Jun 30, 2022
Revenue	170.85	170.85	107.44
Revenue Growth (YoY)	-	59.02%	-
Cost of Revenue	168.8	168.8	104.21
Gross Profit	2.05	2.05	3.23
Selling, General & Admin	1.42	1.42	1.38
Research & Development	0.53	0.53	0.1
Other Operating Expenses	0.03	0.03	0.41
Operating Expenses	1.99	1.99	1.9
Operating Income	0.06	0.06	1.33
Interest Expense / Income	0.35	0.35	0.2
Other Expense / Income	-0.59	-0.59	-0.21
Pretax Income	0.3	0.3	1.35
Income Tax	0.03	0.03	0.23
Net Income	0.27	0.27	1.11
Net Income Growth	-	-75.46%	-
Free Cash Flow	-2.41	-2.41	-6.5
Gross Margin	1.20%	1.20%	3.01%
Operating Margin	0.04%	0.04%	1.24%
Profit Margin	0.16%	0.16%	1.04%
Free Cash Flow Margin	-1.41%	-1.41%	-6.05%
Effective Tax Rate	10.43%	10.43%	17.29%
EBITDA	0.91	0.91	1.78
EBITDA Margin	0.53%	0.53%	1.65%
Depreciation & Amortization	0.26	0.26	0.23
EBIT	0.65	0.65	1.54
EBIT Margin	0.38%	0.38%	1.44%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).