Qunabox Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,501	1,340	1,007	553.62	502.37
Revenue Growth (YoY)	29.56%	33.06%	81.84%	10.20%	-
Cost of Revenue	646.7	589.71	471.43	218.98	156.88
Gross Profit	853.87	749.79	535.27	334.64	345.49
Selling, General & Admin	404.63	385.2	293.82	193.68	217.69
Research & Development	131.9	91.54	63.25	30.11	59.01
Other Operating Expenses	-	-	-	0.33	0.25
Operating Expenses	571.41	511.63	356.87	249.83	293.12
Operating Income	282.47	238.15	178.39	84.81	52.37
Interest Expense	-17.45	-11.93	-1.61	-3.29	-5.6
Interest & Investment Income	4.21	4.21	0.24	0.98	0.34
Currency Exchange Gain (Loss)	7.64	7.64	0.08	1.57	-
Other Non Operating Income (Expenses)	2.85	-1,892	-18.23	-187.89	-183.76
EBT Excluding Unusual Items	279.71	-1,654	158.88	-103.82	-136.65
Gain (Loss) on Sale of Investments	59.97	21.42	-	-	-
Gain (Loss) on Sale of Assets	-3.12	-3.12	-2.04	-1.35	-0.03
Pretax Income	340.93	-1,636	156.84	-105.17	-136.68
Income Tax Expense	29.05	27.02	20.13	10.89	2.8
Earnings From Continuing Operations	311.88	-1,663	136.7	-116.06	-139.48
Minority Interest in Earnings	-12.78	-9.43	-5.76	0.03	0.01
Net Income	299.1	-1,672	130.94	-116.03	-139.47
Net Income to Common	299.1	-1,672	130.94	-116.03	-139.47
Shares Outstanding (Basic)	263	199	104	104	104
Shares Outstanding (Diluted)	282	199	253	104	104
Shares Change (YoY)	135.97%	-21.18%	142.05%	-	-
EPS (Basic)	1.14	-8.40	1.25	-1.11	-1.34
EPS (Diluted)	1.06	-8.40	0.56	-1.11	-1.34
Free Cash Flow	-	127.12	156.25	-109.35	-176.48
Free Cash Flow Per Share	-	0.64	0.62	-1.05	-1.69
Gross Margin	56.90%	55.97%	53.17%	60.45%	68.77%
Operating Margin	18.82%	17.78%	17.72%	15.32%	10.42%
Profit Margin	19.93%	-124.83%	13.01%	-20.96%	-27.76%
Free Cash Flow Margin	-	9.49%	15.52%	-19.75%	-35.13%
EBITDA	331.67	288.62	233.91	144.52	94.47
EBITDA Margin	22.10%	21.55%	23.23%	26.11%	18.80%
D&A For EBITDA	49.2	50.47	55.52	59.71	42.1
EBIT	282.47	238.15	178.39	84.81	52.37
EBIT Margin	18.82%	17.78%	17.72%	15.32%	10.42%
Effective Tax Rate	8.52%	-	12.84%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.