果麦文化 (301052.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	600.8M	641.0M	582.2M	478.1M	462.0M
Cost of Revenue	387.2M	415.5M	308.7M	244.2M	233.9M
Gross Profit	213.5M	225.5M	273.5M	233.9M	228.2M
Operating Expenses
R&D Expense	10.3M	10.0M	9.3M	12.2M	13.5M
SG&A Expense	—	—	—	—	—
General & Admin Expense	142.7M	144.8M	121.9M	106.9M	101.4M
Selling & Marketing Expense	77.8M	80.5M	76.8M	52.8M	44.3M
Other Expenses	—	—	—	—	—
Total Operating Expenses	231.4M	235.5M	207.0M	169.5M	157.8M
Cost and Expenses	618.6M	651.0M	515.7M	413.7M	391.7M
Operating Income (EBIT)	(11.9M)	(4.8M)	49.6M	60.1M	45.6M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	(11.7M)	(4.7M)	52.0M	60.8M	46.0M
Income Tax Expense	(3.2M)	(2.3M)	11.2M	7.2M	5.3M
Bottom Line
Net Income	(8.3M)	(2.1M)	40.8M	53.6M	40.8M
Earnings from Cont. Ops	(8.6M)	(2.4M)	40.8M	53.6M	40.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(8.3M)	(2.1M)	40.8M	53.6M	40.8M
Per Share
Basic EPS	(CN¥0.08)	(CN¥0.02)	CN¥0.41	CN¥0.55	CN¥0.57
Diluted EPS	(CN¥0.08)	(CN¥0.02)	CN¥0.41	CN¥0.55	CN¥0.57
Revenue Per Share	CN¥6.07	CN¥6.47	CN¥5.89	CN¥4.88	CN¥6.41
Shares
Basic Shares Outstanding	99.0M	99.1M	98.8M	98.0M	72.0M
Diluted Shares Outstanding	99.0M	99.1M	98.8M	98.0M	72.0M
Profitability Metrics
EBITDA	—	7.1M	54.7M	63.3M	48.4M
D&A	—	11.8M	5.1M	3.3M	2.8M
EBIT	—	—	—	—	—

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 Mar 1, 2026