XHG
XChange TEC.INC
NASDAQ · Real Estate · Real Estate - Services · CN
$3.31
−3.50%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 769.9M | 365.3K | 40.0M | — | — |
| Cost of Revenue | 747.1M | 357.3K | 38.2M | — | — |
| Gross Profit | (49.8M) | 8.0K | 1.8M | — | — |
| Operating Expenses | |||||
| R&D Expense | 9.0K | — | 24.0K | 46.0K | 22.0K |
| SG&A Expense | 17.5M | 42.4K | 27.3M | 23.5M | 29.3M |
| General & Admin Expense | 9.2M | 32.5K | 16.1M | 23.5M | 29.3M |
| Selling & Marketing Expense | 8.3M | 9.9K | 11.2M | 24.0K | 12.0K |
| Other Expenses | 630.9M | 686.0K | (23.6M) | (20.2M) | (24.9M) |
| Total Operating Expenses | 648.4M | 728.3K | 3.8M | 3.3M | 4.5M |
| Cost and Expenses | 1.5B | 1.1M | 41.9M | 3.3M | 4.5M |
| Operating Income (EBIT) | (698.2M) | (34.4K) | (13.5M) | (23.5M) | (29.4M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 53.0M | 3.8M | 3.6M | 221.7K | 6.4M |
| Net Interest Income | (53.0M) | (3.8M) | (3.6M) | (221.7K) | (6.4M) |
| Other Non-Op Income/Expense | (666.6M) | (714.0K) | (582.5M) | (1.6M) | (465.7M) |
| Non-Operating Income (excl Interest) | 752.5M | — | 79.5M | — | 64.7M |
| EBT (Pre-Tax Income) | (1.4B) | (748.4K) | (595.9M) | (25.1M) | (495.1M) |
| Income Tax Expense | 565.5K | 46.00 | 548.0K | — | — |
| Bottom Line | |||||
| Net Income | (1.4B) | (748.4K) | (226.8M) | (71.3M) | 820.0M |
| Earnings from Cont. Ops | (1.4B) | (748.4K) | (613.2M) | (25.1M) | (495.1M) |
| Earnings from Discont. Ops | (17.0M) | — | 386.3M | (46.2M) | 1.3B |
| Bottom Line Net Income | (979.0M) | (748.4K) | (598.5M) | (73.8M) | 893.7M |
| Per Share | |||||
| Basic EPS | $3,239,006.69 | ($5.04) | ($168.24) | ($178.80) | $2.16 |
| Diluted EPS | $3,239,006.69 | ($5.04) | ($168.24) | ($178.80) | $2.16 |
| Revenue Per Share | $14.94 | $0.02 | $403.09 | $0.00 | $0.00 |
| Shares | |||||
| Basic Shares Outstanding | 51.5M | 20.9M | 99269 | 11687 | 267 |
| Diluted Shares Outstanding | 51.5M | 20.9M | 99269 | 11687 | 267 |
| Profitability Metrics | |||||
| EBITDA | (1.5B) | (99.9M) | (81.3M) | (3.3M) | (69.1M) |
| D&A | 261.0K | 54.9K | 36.2K | — | — |
| EBIT | (1.5B) | (99.9M) | (81.4M) | (3.3M) | (69.1M) |
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 Mar 1, 2026