UTime Limited
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | $28.5M | $34.6M | $24.3M | $29.2M | $43.4M | $37.6M |
| Cost of Revenue | $28.2M | $33.6M | $23.0M | $24.8M | $41.2M | $34.8M |
| Gross Profit | $285.0K | $976.0K | $1.3M | $4.4M | $2.2M | $2.8M |
| Gross Margin | 1.0% | 2.8% | 5.2% | 15.0% | 5.0% | 7.4% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $3.6M | $19.0M | $5.7M | $16.1M | $6.2M | $3.9M |
| Operating Income | $-3.2M | $-91.6M | $-4.2M | $-12.2M | $-5.4M | $-2.2M |
| Operating Margin | -11.1% | -264.8% | -17.5% | -41.9% | -12.5% | -5.9% |
| Interest Expense | $867.0K | $541.0K | $510.0K | $895.0K | $768.0K | $375.0K |
| Pretax Income | $-4.0M | $-92.1M | $-4.8M | $-13.1M | $-6.2M | $-2.6M |
| Income Tax Expense | — | $-8.0K | $-24.0K | $-25.0K | $-7.0K | $-55.0K |
| Net Income | $-4.0M | $-92.3M | $-8.6M | $-12.8M | $-6.1M | $-2.5M |
| Net Margin | -14.2% | -267.0% | -35.4% | -43.7% | -14.1% | -6.7% |
| EPS (Basic) | $-0.07 | $-0.03 | $-0.15 | $-0.57 | $-0.38 | $-0.28 |
| EPS (Diluted) | — | — | — | $-0.57 | $-0.38 | $-0.28 |
| Shares Outstanding (Basic) | — | 3.6M | 1.7M | 22.5M | 16.3M | 9.0M |
| Shares Outstanding (Diluted) | 56.3K | 3.6M | 1.7M | 22.5M | 16.3M | 9.0M |
| Dividends Per Share | — | — | — | — | — | — |