← Boqii Holding Ltd
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($231.5m) | ($175.9m) | ($29.5m) | ($132.8m) | ($106.0m) | ($68.9m) | ($58.6m) | — | |
| Depreciation and amortization expense | $3.2m | $4.6m | $7.1m | $7.7m | $7.8m | $6.4m | $5.2m | $3.9m | |
| Amortization of right-of-use assets | $17.9m | $15.7m | $11.7m | $11.7m | $24.6m | $17.9m | $9.5m | — | |
| Deferred tax expense | ($141k) | ($661k) | ($1.9m) | ($989k) | ($989k) | ($907k) | ($801k) | — | |
| Share-based compensation expense | — | — | $55.0m | $14.4m | ($7.7m) | $679k | $81k | $5k | |
| Impairment of goodwill | — | — | — | — | $40.7m | — | — | — | |
| Accounts receivable | ($10.5m) | ($16.0m) | ($880k) | ($6.1m) | ($27.5m) | $27.2m | $21.3m | $4.1m | |
| Repayments on loan receivables from third parties | — | — | $44.8m | $2.6m | $1.1m | $4.2m | $2.9m | — | |
| Repayments on loan receivables from related parties | — | — | — | $35.2m | $3.9m | $3.2m | $2.0m | — | |
| Provision for inventories obsolescence/(reversal) | $527k | $273k | ($8k) | $311k | $35k | ($223k) | $154k | — | |
| Inventories | $14.5m | $15.5m | ($38.8m) | ($23.2m) | $30.6m | $26.5m | $15.1m | $8.2m | |
| Accounts payable | ($15.8m) | ($19.5m) | ($22.0m) | $18.1m | ($36.3m) | ($31.5m) | ($4.6m) | ($11.3m) | |
| Accrued liabilities and other current liabilities | $916k | $574k | $667k | $2.0m | $2.7m | ($4.8m) | ($4.3m) | ($320k) | |
| Prepayments and other current assets | ($430k) | $3.3m | ($48.9m) | ($35.1m) | $47.8m | $11.5m | ($26.6m) | — | |
| Net cash used in operating activities | ($206.2m) |
($165.9m)
+19.55%
|
($247.5m)
-49.17%
|
($147.5m)
+40.40%
|
($54.1m)
+63.34%
|
($25.4m)
+52.97%
|
($66.8m)
-162.83%
|
($29.3m)
+56.17%
|
|
| Loss/(gain) on disposal of property and equipment and intangible assets | $67k | $31k | $20k | ($104k) | ($7k) | $46k | ($463k) | — | |
| Purchase of property and equipment | ($2.0m) | ($1.2m) | ($6.5m) | ($3.1m) | ($1.8m) | ($527k) | ($3.3m) | ($1.1m) | |
| Proceeds from disposal of property and equipment | $286k | $5k | $4k | $125k | $16k | $213k | $357k | — | |
| Decrease/(increase) in short-term investments, net | — | — | ($168.5m) | $40.5m | $58.3m | $69.8m | ($4.0m) | — | |
| Disposal of long-term investments | — | — | — | — | — | $8.1m | $300k | — | |
| Deposits to be used in connection with future acquisitions | — | — | — | — | — | ($29.1m) | $29.1m | — | |
| Unpaid cash consideration for business acquisitions | ($8.3m) | — | — | ($2.9m) | ($2.9m) | ($2.9m) | ($2.9m) | — | |
| Net cash generated from investing activities | ($22.6m) | ($75.1m) | ($184.4m) | $21.1m | $46.5m | $47.8m | $24.6m | — | |
| Interest expense of other debts | $17.1m | $53.9m | $21.6m | $17.1m | $9.7m | $5.1m | $6.0m | — | |
| Loss on disposal of other debts | — | ($10.1m) | ($6.8m) | — | — | $1.4m | — | — | |
| Proceeds from short-term and long-term borrowings | $57.6m | $162.5m | $87.8m | $185.6m | $110.6m | $15.0m | $31.5m | — | |
| Repayments of short-term and long-term borrowings | ($65.8m) | ($43.5m) | ($74.0m) | ($176.9m) | ($187.2m) | ($86.0m) | ($37.7m) | — | |
| Proceeds from issuance of other debts, net of issuance costs | $139.3m | $134.9m | $16.9m | $262.9m | $88.0m | $8.8m | $9.8m | — | |
| Repayments of other debts | — | — | ($130.8m) | ($270.9m) | ($88.0m) | ($6.8m) | ($10.0m) | — | |
| Net cash flows (used in) /generated from financing activities | $199.3m |
$295.0m
+48.02%
|
$648.5m
+119.80%
|
$2.0m
-99.69%
|
($76.7m)
-3942.41%
|
($33.1m)
+56.78%
|
$8.2m
+124.60%
|
— | |
| Cash, cash equivalents and restricted cash at beginning of year | $27.2m | $88.4m | $292.2m | $162.9m | $89.8m | $72.7m | $38.7m | — | |
| Net decrease in cash, cash equivalents and restricted cash | ($29.5m) | $54.1m | $216.6m | ($124.4m) | ($84.2m) | ($10.7m) | ($34.1m) | — | |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash | $6.5m | $7.1m | ($12.7m) | ($5.0m) | $11.2m | ($6.4m) | $20k | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Allowance for expected credit loss/(reversal) | $92k | $271k | ($107k) | $213k | $133k | ($116k) | ($332k) | — | |
| Interest receivable for issuance of ordinary shares | — | — | ($15.4m) | ($14.2m) | ($6.1m) | $35.9m | $14.5m | — | |
| Interest of lease liabilities | $1.6m | $1.4m | $1.6m | $1.9m | $1.8m | $199k | $318k | — | |
| Investment income/(loss) | — | — | — | $622k | $178k | ($1.8m) | ($61k) | — | |
| Share of results of equity investees | ($91k) | $520k | $131k | ($418k) | $82k | ($50k) | $22k | — | |
| Discount on the ordinary shares issued by public offering | — | — | — | — | — | $5.9m | — | — | |
| Gain from disposal of a subsidiary | — | — | — | — | ($3.6m) | ($49k) | — | — | |
| Fair value change of derivative liabilities | $2.3m | ($13.3m) | ($11.4m) | ($2.8m) | $2.3m | $1.0m | ($5.7m) | — | |
| Amounts due from related parties | $13.3m | ($1.9m) | ($2.7m) | $490k | ($3.8m) | $2.4m | ($13.3m) | — | |
| Operating lease liabilities | ($19.3m) | ($18.2m) | ($12.8m) | ($12.8m) | ($26.4m) | ($18.0m) | ($10.1m) | — | |
| Salary and welfare payable | ($1.5m) | $355k | $2.5m | $293k | $6k | ($3.9m) | ($1.1m) | — | |
| Amounts due to related parties | ($2k) | ($105k) | $1.1m | ($808k) | $252k | ($471k) | ($13.3m) | — | |
| Contract liabilities | $2.6m | $1.9m | ($5.2m) | $3.1m | ($2.5m) | ($2.9m) | $189k | — | |
| Other non-current assets | ($974k) | ($7.9m) | $11.3m | $4.0m | ($1.7m) | $1.8m | $1.3m | — | |
| Loan advanced to third parties | — | — | — | ($2.4m) | ($7.9m) | ($3.2m) | ($701k) | — | |
| Loan advanced to related parties | — | — | — | ($36.0m) | ($4.1m) | ($4.8m) | ($2.0m) | — | |
| Acquisition of subsidiaries, net of cash acquired | — | — | — | — | ($2.9m) | $37k | — | — | |
| Disposal of subsidiaries, net of cash and cash equivalents acquired | — | — | — | — | ($2.9m) | ($37k) | — | — | |
| Purchase of intangible assets | ($34k) | ($2k) | — | ($24k) | ($50k) | ($36k) | ($9k) | — | |
| Proceeds from exercise of share option | — | — | $9k | $1.0m | $25k | $29k | — | — | |
| Proceeds from issuance of ordinary shares, net of issuance costs | — | — | — | $262.9m | $88.0m | $35.9m | $14.5m | — | |
| Accretion on redeemable non-controlling interests | — | — | ($138k) | ($575k) | ($675k) | ($766k) | ($841k) | — | |
| Cash paid for fixed operating lease costs included in the measurement of lease obligations in operating activities | $19.3m | $18.2m | $12.8m | $12.8m | $26.4m | $18.0m | $10.1m | ($29.3m) | |
| Right-of-use assets obtained in exchange for operating lease obligations | $19.6m | $10.1m | $26.0m | $21.0m | $8.4m | $4.5m | $3.6m | — |