| CNY millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 386.8 | 316.8 | 322.5 | 340.2 | 231.1 | 221.7 | −4.0% | |
| Cost of revenue | 261.4 | 128.8 | 137.8 | 158.2 | 118.7 | 93.8 | −21.0% | |
| Gross profit | 125.4 | 187.9 | 184.6 | 182.0 | 112.3 | 127.9 | +13.9% | |
| Research & development | 38.2 | 47.5 | 55.0 | 41.7 | 14.4 | 12.4 | −14.2% | |
| Selling, general & administrative | 353.1 | 234.5 | 174.1 | 234.6 | 175.7 | 108.8 | −38.1% | |
| Selling & marketing | 140.7 | 143.9 | 122.1 | 127.5 | 82.6 | 66.4 | −19.6% | |
| Operating expenses | 391.3 | 278.7 | 163.7 | 276.2 | 190.1 | 118.2 | −37.8% | |
| Operating income | (257.9) | (94.1) | (44.5) | (94.2) | (77.8) | 9.7 | +112.5% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 1.9 | 2.5 | 18.3 | 0.0 | 0.0 | 0.9 | — | |
| Other income / expense | (17.6) | 3.6 | 67.5 | 4.9 | (63.0) | 1.4 | +102.2% | |
| Pre-tax income | (275.6) | (90.5) | 23.0 | (89.3) | (140.7) | 11.1 | +107.9% | |
| Income tax | 3.8 | 0.1 | 0.4 | (0.0) | 0.1 | 0.0 | −68.1% | |
| Net income | (279.3) | (89.6) | 21.9 | (90.0) | (136.6) | 10.9 | +107.9% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | — | |
| EPS, basic (per share) | (171.25) | (54.50) | 13.25 | (54.00) | (81.75) | 5.00 | +106.1% | |
| EPS, diluted (per share) | (171.25) | (54.50) | 13.25 | (54.00) | (81.75) | 5.00 | +106.1% | |
| EBITDA | (250.2) | (91.4) | (25.6) | (79.8) | (67.1) | 20.6 | +130.7% | |
| Depreciation & amortization | 5.6 | 2.7 | 15.5 | 13.2 | 10.2 | 10.4 | +2.7% | |
| Weighted average shares (shares) | 1,630,435 | 1,640,109 | 1,655,275 | 1,668,891 | 1,668,880 | 2,116,942 | +26.8% | |
| Weighted average diluted shares (shares) | 1,630,907 | 1,640,109 | 1,670,908 | 1,668,891 | 1,668,880 | 2,120,046 | +27.0% | |
| Gross margin | 32.4% | 59.3% | 57.3% | 53.5% | 48.6% | 57.7% | +9.1 pts | |
| Operating margin | −66.7% | −29.7% | −13.8% | −27.7% | −33.7% | 4.4% | +38.0 pts | |
| Net margin | −72.2% | −28.3% | 6.8% | −26.5% | −59.1% | 4.9% | +64.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in CNY; the shares trade in USD.
