| Reported currency millions | FY2021 · CNY | FY2022 · CNY | FY2023 · CNY | FY2024 · CNY | FY2025 · CNY | FY2026 · — | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 47.9 | 83.8 | 67.1 | 68.9 | 66.3 | 109.9 | +65.8% | |
| Cost of revenue | 40.7 | 64.4 | 48.2 | 48.0 | 51.0 | 10.8 | −78.8% | |
| Gross profit | 7.2 | 19.4 | 18.9 | 20.9 | 15.2 | 36.5 | +139.4% | |
| Research & development | 5.8 | 9.0 | 8.8 | 14.3 | 16.4 | 1.9 | −88.5% | |
| Selling, general & administrative | 54.0 | 93.4 | 87.4 | 74.1 | 56.1 | — | — | |
| Selling & marketing | 8.0 | 10.2 | 10.6 | 10.4 | 9.3 | — | — | |
| Operating expenses | 67.7 | 101.7 | 88.2 | 92.5 | 72.6 | 11.5 | −84.2% | |
| Operating income | (61.6) | (82.3) | (69.3) | (71.6) | (57.3) | (6.1) | +89.4% | |
| Interest expense | 2.2 | 1.5 | 2.5 | 1.1 | 0.2 | 1.0 | +576.5% | |
| Interest income | 0.9 | 5.4 | 13.6 | 22.9 | 1.9 | 11.9 | +543.7% | |
| Other income / expense | 35.2 | 176.0 | 7.9 | 20.2 | 13.6 | — | — | |
| Pre-tax income | (26.4) | 93.7 | (61.5) | (51.4) | (43.7) | (4.5) | +89.6% | |
| Income tax | (0.5) | (0.6) | 0.0 | 0.0 | 0.0 | (0.0) | −115.0% | |
| Net income | (22.8) | 95.6 | (59.2) | (49.9) | (42.6) | (4.4) | +89.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (32.37) | 55.52 | (31.39) | (6.77) | (4.68) | (266.52) | −5594.9% | |
| EPS, diluted (per share) | (32.40) | 55.52 | (31.39) | (9.88) | (4.68) | (266.52) | −5594.9% | |
| EBITDA | (57.7) | 101.7 | (52.0) | (47.5) | (54.2) | (5.7) | +89.6% | |
| Depreciation & amortization | 3.2 | 6.5 | 6.9 | 2.8 | 3.1 | 0.4 | −86.6% | |
| Weighted average shares (shares) | 704,714 | 1,666,804 | 1,884,619 | 7,368,396 | 9,094,902 | 111,286 | −98.8% | |
| Weighted average diluted shares (shares) | 705,391 | 1,666,804 | 1,884,619 | 7,369,848 | 9,094,902 | 111,286 | −98.8% | |
| Gross margin | 15.1% | 23.2% | 28.1% | 30.3% | 23.0% | 33.2% | +10.2 pts | |
| Operating margin | −128.5% | −98.2% | −103.3% | −104.0% | −86.5% | −5.5% | +80.9 pts | |
| Net margin | −47.6% | 114.1% | −88.2% | −72.4% | −64.3% | −4.0% | +60.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Reporting currencies differ or are unavailable; each column identifies its currency.
