WiMi Hologram Cloud Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $60.1M | $75.4M | $82.6M | $98.0M | $146.5M | $117.4M | $45.8M |
| Cost of Revenue | $44.6M | $54.0M | $58.1M | $77.4M | $107.3M | $91.4M | $21.0M |
| Gross Profit | $15.5M | $21.4M | $24.5M | $20.5M | $39.1M | $26.0M | $24.8M |
| Gross Margin | 25.8% | 28.4% | 29.7% | 21.0% | 26.7% | 22.1% | 54.2% |
| Operating Expenses | |||||||
| Research & Development | $9.0M | $15.5M | $24.2M | $49.0M | $24.4M | $13.0M | $2.6M |
| SG&A Expense | $3.4M | $4.8M | $22.2M | $6.5M | $10.3M | $6.5M | $5.7M |
| Operating Income | $-5.5M | $-4.0M | $-87.1M | $-44.3M | $-41.4M | $-23.5M | $16.2M |
| Operating Margin | -9.2% | -5.4% | -105.4% | -45.2% | -28.2% | -20.0% | 35.4% |
| Interest Expense | — | — | — | — | — | $87.5K | — |
| Pretax Income | $50.4M | $15.3M | $-72.4M | $-54.6M | $-40.0M | $-21.8M | $15.1M |
| Income Tax Expense | $1.0M | $912.9K | $-356.8K | $-520.2K | $-131.0K | $445.2K | $448.5K |
| Net Income | $44.0M | $10.0M | $-59.5M | $-51.4M | $-37.0M | $-23.2M | $14.7M |
| Net Margin | 73.2% | 13.2% | -72.0% | -52.4% | -25.3% | -19.7% | 32.0% |
| EPS (Basic) | $3.23 | $1.01 | $-0.34 | — | $0.06 | $-0.18 | $0.15 |
| EPS (Diluted) | $2.27 | $1.01 | $-0.34 | $-0.30 | $0.06 | $-0.18 | $0.13 |
| Shares Outstanding (Basic) | 13.6M | 9.8M | 8.7M | 8.6M | 167.1M | 129.4M | 100.0M |
| Shares Outstanding (Diluted) | 19.4M | 9.8M | 8.7M | 8.6M | 167.1M | 129.4M | 108.6M |
| Dividends Per Share | — | — | — | — | — | — | — |