TC
Token Cat Limited
NASDAQ · Communication Services · Internet Content & Information · CN
$1.97
+3.68%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 36.6M | 5.8M | 49.2M | 162.4M | 183.2M |
| Cost of Revenue | 9.8M | 5.6M | 15.6M | 68.9M | 70.5M |
| Gross Profit | 26.9M | 163.4K | 33.6M | 93.4M | 112.7M |
| Operating Expenses | |||||
| R&D Expense | 4.6M | — | 11.9M | 11.3M | 19.8M |
| SG&A Expense | 102.0M | 34.6M | 107.6M | 201.7M | 192.4M |
| General & Admin Expense | 50.1M | 34.6M | 83.1M | 44.7M | 64.7M |
| Selling & Marketing Expense | 51.8M | — | 24.5M | 157.0M | 127.7M |
| Other Expenses | 3.7M | (943.9K) | 4.0M | 1.5M | 19.7M |
| Total Operating Expenses | 110.3M | 33.7M | 123.5M | 214.5M | 231.9M |
| Cost and Expenses | 120.1M | 39.3M | 139.1M | 283.4M | 302.5M |
| Operating Income (EBIT) | (83.4M) | (33.5M) | (89.9M) | (121.0M) | (119.3M) |
| Non-Operating | |||||
| Interest Income | — | — | — | 143.0K | 174.0K |
| Interest Expense | 1.3M | — | 999.0K | — | 625.0K |
| Net Interest Income | (1.3M) | — | (999.0K) | (143.0K) | (174.0K) |
| Other Non-Op Income/Expense | (64.6M) | 74.9M | (98.1M) | 38.1M | (52.6M) |
| Non-Operating Income (excl Interest) | (3.7M) | — | (4.0M) | (1.5M) | (19.7M) |
| EBT (Pre-Tax Income) | (148.0M) | 41.4M | (188.0M) | (83.0M) | (171.9M) |
| Income Tax Expense | — | — | — | — | (5.5M) |
| Bottom Line | |||||
| Net Income | (148.0M) | 2.2M | (188.0M) | (83.0M) | (166.5M) |
| Earnings from Cont. Ops | (148.0M) | 41.4M | (188.0M) | (83.0M) | (166.5M) |
| Earnings from Discont. Ops | — | (39.2M) | — | — | — |
| Bottom Line Net Income | (148.0M) | 2.2M | (188.0M) | (83.0M) | (166.5M) |
| Per Share | |||||
| Basic EPS | ($72.96) | $18.60 | ($64.80) | ($28.80) | ($74.40) |
| Diluted EPS | ($72.96) | $18.60 | ($64.80) | ($28.80) | ($74.40) |
| Revenue Per Share | $311.76 | $48.57 | $22.42 | $76.63 | $110.11 |
| Shares | |||||
| Basic Shares Outstanding | 117556 | 118563 | 2.2M | 2.1M | 1.7M |
| Diluted Shares Outstanding | 117556 | 118563 | 2.2M | 2.1M | 1.7M |
| Profitability Metrics | |||||
| EBITDA | — | (33.5M) | (85.9M) | (115.3M) | (95.3M) |
| D&A | 79.7M | — | 85.9M | 4.2M | 4.2M |
| EBIT | (79.7M) | (33.5M) | (85.9M) | (119.5M) | (99.6M) |
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