Xinzi (XZ)

Xinzi Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022
Revenue	26.2	32.85	38.37
Revenue Growth (YoY)	-	-14.38%	-
Cost of Revenue	-	29.18	33
Gross Profit	2.49	3.67	5.37
Selling, General & Admin	-	1.67	1.45
Research & Development	-	1.48	1.61
Other Operating Expenses	0	-0.31	0.05
Operating Expenses	-	2.83	3.1
Operating Income	-1.03	0.84	2.27
Interest Expense / Income	0.83	0.92	0.71
Other Expense / Income	-1.1	-0.6	-0.52
Pretax Income	-0.52	0.57	2.09
Income Tax	0.09	0.06	0.24
Net Income	-0.84	0.46	1.85
Net Income Common	-0.61	0.52	1.85
Net Income Growth	-	-72.12%	-
Free Cash Flow	-0.35	-0.09	-4.01
Gross Margin	9.48%	11.17%	14.01%
Operating Margin	-3.93%	2.55%	5.92%
Profit Margin	-2.31%	1.57%	4.83%
Free Cash Flow Margin	-1.33%	-0.28%	-10.46%
Effective Tax Rate	-	10.09%	11.31%
EBITDA	0.76	2.14	3.53
EBITDA Margin	2.90%	6.53%	9.20%
Depreciation & Amortization	0.69	0.71	0.73
EBIT	0.07	1.44	2.8
EBIT Margin	0.27%	4.37%	7.29%

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