Qiniu Limited (02567.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.8B	1.8B	1.3B	1.2B	1.0B
Cost of Revenue	1.5B	1.4B	1.1B	954.2M	806.7M
Gross Profit	331.2M	326.5M	266.6M	253.8M	200.8M
Operating Expenses
R&D Expense	132.9M	142.2M	148.1M	115.9M	113.0M
SG&A Expense	236.1M	194.4M	238.4M	248.9M	36.6M
General & Admin Expense	93.4M	99.9M	129.5M	123.0M	17.1M
Selling & Marketing Expense	92.5M	94.4M	108.8M	125.9M	19.5M
Other Expenses	15.00	49.8M	(2.4M)	(20.3M)	177.2M
Total Operating Expenses	369.0M	386.4M	384.0M	344.5M	326.8M
Cost and Expenses	1.9B	1.8B	1.5B	1.3B	1.1B
Operating Income (EBIT)	(37.8M)	(59.9M)	(117.4M)	(90.7M)	(126.1M)
Non-Operating
Interest Income	—	9.7M	6.4M	6.9M	3.2M
Interest Expense	—	7.9M	7.3M	7.4M	7.7M
Net Interest Income	(3.2M)	1.8M	(870.6K)	(489.0K)	(4.5M)
Other Non-Op Income/Expense	(1.5M)	2.4M	(314.0M)	(202.8M)	(60.8M)
Non-Operating Income (excl Interest)	(25.1M)	(319.9K)	306.7M	195.4M	53.1M
EBT (Pre-Tax Income)	(39.3M)	(57.5M)	(431.4M)	(293.5M)	(186.8M)
Income Tax Expense	463.0K	368.9K	29.1K	—	—
Bottom Line
Net Income	(39.8M)	(57.8M)	(431.4M)	(293.5M)	(186.8M)
Earnings from Cont. Ops	(39.8M)	(57.8M)	(431.4M)	(293.5M)	(186.8M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(39.8M)	(57.8M)	(431.4M)	(293.5M)	(186.8M)
Per Share
Basic EPS	(HK$0.02)	(HK$0.03)	(HK$0.22)	(HK$0.14)	(HK$0.10)
Diluted EPS	(HK$0.02)	(HK$0.03)	(HK$0.22)	(HK$0.14)	(HK$0.10)
Revenue Per Share	HK$1.20	HK$0.89	HK$0.68	HK$0.61	HK$0.50
Shares
Basic Shares Outstanding	1.5B	2.0B	2.0B	2.0B	2.0B
Diluted Shares Outstanding	1.5B	2.0B	2.0B	2.0B	2.0B
Profitability Metrics
EBITDA	29.7M	(17.9M)	(372.5M)	(221.9M)	(97.1M)
D&A	42.4M	41.7M	51.6M	64.2M	82.1M
EBIT	(12.7M)	(59.6M)	(424.1M)	(286.1M)	(179.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026