THCH
TH International Limited
NASDAQ · Consumer Cyclical · Restaurants · CN
$1.35
−1.10%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.2B | 1.3B | 1.4B | 1.6B | 1.0B |
| Cost of Revenue | 1.1B | 1.2B | 1.2B | 1.4B | 978.0M |
| Gross Profit | 93.0M | 77.6M | 213.6M | 156.3M | 33.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 230.8M | 321.5M | 275.2M | 421.9M | 370.6M |
| General & Admin Expense | 51.8M | — | 210.3M | 325.3M | 289.5M |
| Selling & Marketing Expense | 15.8M | — | 64.8M | 96.7M | 81.0M |
| Other Expenses | 124.3M | 3.2M | 227.0M | 274.5M | 227.6M |
| Total Operating Expenses | 355.0M | 324.7M | 502.2M | 696.4M | 598.2M |
| Cost and Expenses | 1.5B | 1.5B | 1.7B | 2.1B | 1.6B |
| Operating Income (EBIT) | (262.0M) | (247.1M) | (288.6M) | (540.1M) | (565.1M) |
| Non-Operating | |||||
| Interest Income | 4.0M | 3.4M | 3.2M | 14.2M | 2.7M |
| Interest Expense | 16.4M | 16.2M | 22.4M | 20.4M | 14.8M |
| Net Interest Income | (12.4M) | (12.8M) | (19.2M) | (6.2M) | (12.1M) |
| Other Non-Op Income/Expense | (241.6M) | (176.4M) | (169.7M) | (299.5M) | (179.6M) |
| Non-Operating Income (excl Interest) | 187.2M | 160.1M | 147.2M | 279.1M | 164.8M |
| EBT (Pre-Tax Income) | (503.6M) | (423.5M) | (458.3M) | (839.6M) | (744.7M) |
| Income Tax Expense | — | 470.8K | 2.1M | 97.2K | — |
| Bottom Line | |||||
| Net Income | (504.3M) | (422.7M) | (412.1M) | (876.3M) | (742.6M) |
| Earnings from Cont. Ops | (503.6M) | (423.9M) | (460.4M) | (839.7M) | (744.7M) |
| Earnings from Discont. Ops | — | — | 51.4M | (33.2M) | — |
| Bottom Line Net Income | (504.3M) | (422.7M) | (412.1M) | (876.3M) | (742.6M) |
| Per Share | |||||
| Basic EPS | ($15.52) | ($13.01) | ($12.70) | ($28.40) | ($28.99) |
| Diluted EPS | ($15.52) | ($13.01) | ($12.70) | ($28.40) | ($28.99) |
| Revenue Per Share | $36.59 | $39.37 | $42.88 | $50.59 | $39.46 |
| Shares | |||||
| Basic Shares Outstanding | 32.5M | 32.5M | 32.4M | 30.8M | 25.6M |
| Diluted Shares Outstanding | 32.5M | 32.5M | 32.4M | 30.8M | 25.6M |
| Profitability Metrics | |||||
| EBITDA | (354.9M) | (302.3M) | (266.2M) | (656.1M) | (596.5M) |
| D&A | 94.2M | 105.0M | 169.7M | 163.1M | 133.4M |
| EBIT | (449.2M) | (407.2M) | (435.9M) | (819.2M) | (729.9M) |
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