LZ Technology Holdings Ltd. (LZMH) Financial Statements

Income statement

Metric	2025	2024	2023	2022
Revenue
Total Revenue	1.1B	822.8M	568.9M	163.0M
Cost of Revenue	1.1B	788.4M	537.6M	143.1M
Gross Profit	37.2M	34.4M	31.3M	19.9M
Operating Expenses
R&D Expense	56.3M	4.5M	5.5M	6.9M
SG&A Expense	157.0M	26.4M	32.2M	34.9M
General & Admin Expense	73.5M	12.3M	15.4M	12.9M
Selling & Marketing Expense	83.5M	14.1M	16.8M	22.0M
Other Expenses	—	—	—	—
Total Operating Expenses	213.3M	30.8M	37.7M	41.8M
Cost and Expenses	1.3B	819.2M	575.3M	184.9M
Operating Income (EBIT)	(176.0M)	3.6M	(6.4M)	(22.0M)
Non-Operating
Interest Income	—	—	—	—
Interest Expense	1.3M	764.0K	408.0K	18.0K
Net Interest Income	(1.3M)	(764.0K)	(408.0K)	(18.0K)
Other Non-Op Income/Expense	3.2M	1.2M	2.4M	7.2M
Non-Operating Income (excl Interest)	(4.5M)	(1.9M)	(2.8M)	(7.2M)
EBT (Pre-Tax Income)	(172.8M)	4.8M	(4.0M)	(14.8M)
Income Tax Expense	510.0K	(972.0K)	2.4M	—
Bottom Line
Net Income	(173.5M)	5.5M	(6.2M)	(13.6M)
Earnings from Cont. Ops	(173.3M)	5.8M	(6.4M)	(14.8M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(173.5M)	5.5M	(6.2M)	(13.6M)
Per Share
Basic EPS	($22.60)	$11.20	($12.60)	($27.60)
Diluted EPS	($22.60)	$11.20	($12.60)	($27.60)
Revenue Per Share	$146.49	$1,662.09	$1,149.09	$329.16
Shares
Basic Shares Outstanding	7.7M	495058	495058	495058
Diluted Shares Outstanding	7.7M	495058	495058	495058
Profitability Metrics
EBITDA	(161.9M)	14.3M	6.5M	(4.8M)
D&A	9.5M	8.7M	10.1M	10.0M
EBIT	(171.5M)	5.6M	(3.6M)	(14.8M)

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 Dec 1, 2025