Zhongchao Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11.37	15.86	19.43	14.15	16.3
Revenue Growth	-28.30%	-18.37%	37.33%	-13.16%	-9.41%
Cost of Revenue	6.25	6.95	10.92	7.79	6.86
Gross Profit	5.12	8.91	8.51	6.36	9.44
Selling, General & Admin	11.3	9	13.41	8.9	9
Research & Development	0.01	0.25	0.51	0.41	0.76
Operating Expenses	11.31	9.25	13.92	9.31	9.76
Operating Income	-6.19	-0.34	-5.41	-2.95	-0.32
Interest & Investment Income	0.34	0.24	0.24	0.14	0.18
Earnings From Equity Investments	-0	-0.02	-0	-0	-0.01
Other Non Operating Income (Expenses)	0.07	0.08	0.41	0.41	0.11
EBT Excluding Unusual Items	-5.78	-0.05	-4.76	-2.41	-0.05
Impairment of Goodwill	-	-	-5.62	-	-
Gain (Loss) on Sale of Investments	0.01	0.11	0.65	-0.24	-0.06
Gain (Loss) on Sale of Assets	-	-	-1.72	0.1	-
Asset Writedown	-	-	-0.54	-	-
Pretax Income	-5.77	0.06	-11.98	-2.55	-0.11
Income Tax Expense	0.05	0.34	-0.67	0.27	-0.35
Earnings From Continuing Operations	-5.81	-0.27	-11.31	-2.82	0.24
Minority Interest in Earnings	-0.5	-0.37	-0.03	-0.12	-
Net Income	-6.31	-0.64	-11.34	-2.94	0.24
Net Income to Common	-6.31	-0.64	-11.34	-2.94	0.24
Net Income Growth	-	-	-	-	-94.65%
Shares Outstanding (Basic)	0	-	-	-	-
Shares Outstanding (Diluted)	0	-	-	-	-
Shares Change	-	-	-	-	-
EPS (Basic)	-171.68	-	-	-	-
EPS (Diluted)	-171.68	-	-	-	-
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	0.69	-4.52	-0.79	-2.52	1.06
Free Cash Flow Per Share	18.85	-	-	-	-
Gross Margin	45.02%	56.18%	43.80%	44.92%	57.92%
Operating Margin	-54.43%	-2.15%	-27.84%	-20.88%	-1.97%
Profit Margin	-55.47%	-4.05%	-58.33%	-20.78%	1.46%
Free Cash Flow Margin	6.09%	-28.48%	-4.04%	-17.83%	6.52%
EBITDA	-5.9	-0.11	-4.9	-2.59	-0
EBITDA Margin	-51.88%	-0.69%	-25.23%	-18.33%	-0.01%
D&A For EBITDA	0.29	0.23	0.51	0.36	0.32
EBIT	-6.19	-0.34	-5.41	-2.95	-0.32
EBIT Margin	-54.43%	-2.15%	-27.84%	-20.88%	-1.97%
Effective Tax Rate	-	542.73%	-	-	-
Revenue as Reported	11.37	15.86	19.43	14.15	16.3
Advertising Expenses	0.44	2.52	4.2	0.99	2.2

SEC Filings: 10-K · 10-Q