| CNY millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 280.3 | 250.2 | 34.2 | 125.4 | 251.1 | 254.4 | +1.3% | |
| Cost of revenue | 168.8 | 149.6 | 19.9 | 80.0 | 203.9 | 188.8 | −7.4% | |
| Gross profit | 111.5 | 100.6 | 14.3 | 45.5 | 47.1 | 65.7 | +39.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 147.9 | 107.3 | 50.0 | 51.1 | 62.9 | 58.9 | −6.3% | |
| Selling & marketing | 31.0 | 22.0 | 4.7 | 6.8 | 14.0 | 10.5 | −25.2% | |
| Operating expenses | 147.9 | 166.8 | 50.0 | 54.8 | 62.9 | 58.7 | −6.6% | |
| Operating income | (36.5) | (66.2) | (35.7) | (9.3) | (15.7) | 6.9 | +144.0% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 3.4 | 3.2 | 2.3 | 7.2 | 16.2 | 6.0 | −62.9% | |
| Other income / expense | 13.3 | (30.7) | 3.2 | 13.1 | 15.8 | 22.8 | +44.0% | |
| Pre-tax income | (23.1) | (96.9) | (32.5) | 3.9 | 0.1 | 29.7 | +31190.5% | |
| Income tax | 4.8 | 21.8 | 1.0 | 1.1 | 0.7 | 0.6 | −12.0% | |
| Net income | (28.2) | (113.5) | (29.7) | 5.0 | 0.8 | 30.8 | +3743.6% | |
| 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) | (121.90) | (504.50) | (139.70) | 21.00 | 3.80 | 137.30 | +3513.2% | |
| EPS, diluted (per share) | (122.00) | (504.50) | (140.00) | 21.00 | 3.80 | 137.30 | +3513.2% | |
| EBITDA | (20.8) | 5.7 | (30.7) | (0.5) | (2.3) | 24.8 | +1163.7% | |
| Depreciation & amortization | 15.7 | 10.2 | 3.6 | 4.4 | 12.0 | 17.8 | +48.5% | |
| Weighted average shares (shares) | 231,311 | 224,911 | 224,911 | 236,238 | 211,894 | 224,248 | +5.8% | |
| Weighted average diluted shares (shares) | 231,312 | 224,911 | 224,911 | 236,146 | 212,349 | 224,248 | +5.6% | |
| Gross margin | 39.8% | 40.2% | 41.8% | 36.3% | 18.8% | 25.8% | +7.0 pts | |
| Operating margin | −13.0% | −26.5% | −104.2% | −7.4% | −6.3% | 2.7% | +9.0 pts | |
| Net margin | −10.1% | −45.3% | −86.7% | 4.0% | 0.3% | 12.1% | +11.8 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.
