← Cheche Group Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Total Revenue | $1.7b | $2.7b | $3.3b | $3.5b | $3.0b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | $8.7m | $900k | — | — | |
| Cost of Goods and Services Sold | ($8k) | $2.5b | $3.2b | $3.3b | $2.8b | |
| Cost of revenues | ($8k) | ($11k) | ($191k) | ($12k) | ($3k) | |
| Gross Profit | $80.8m | $142.3m | $140.2m | $158.8m | $160.4m | |
| Operating Expenses | — | $258.3m | $308.0m | $3.5b | $181.2m | |
| Total operating expenses | ($236.5m) | ($258.3m) | ($308.0m) | ($3.5b) | ($181.2m) | |
| Operating Income (Loss) | ($155.7m) | ($116.0m) | ($167.8m) | ($66.5m) | ($20.9m) | |
| Additional Financial Items | ||||||
| Amortization of Intangible Assets | — | $2.1m | $2.1m | $2.1m | $2.1m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $153k | ($6.5m) | ($7.5m) | ($757k) | ($4.5m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | $10.3m | $13.4m | ($2.5m) | ($2.8m) | $4.8m | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | |
| Income (Loss) Attributable to Parent, before Tax | $147.0m | ($91.5m) | ($160.0m) | ($61.5m) | $18.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($74.8m) | ($149.8m) | ($45.6m) | ($9.7m) | |
| Interest Income, Other | — | $80k | $160k | $80k | $10k | |
| Investment Income, Interest | $278k | $1.9m | $5.4m | $6.0m | $3.2m | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | $1.6m | ($6.5m) | ($7.5m) | $197k | ($354k) | |
| Interest and Dividend Income (Non-Bank) | $278k | $1.9m | $5.4m | $6.0m | $3.2m | |
| Foreign Currency Gain/Loss | $2.1m | $13.4m | ($2.5m) | ($2.8m) | $4.8m | |
| Government grants | $24.3m | $20.3m | $12.4m | $887k | $1.9m | |
| Changes in fair value of warrant | $153k | ($196k) | $1.7m | $2.6m | $1.5m | |
| Changes in fair value of amounts due to related party | ($11.2m) | ($6.5m) | ($7.5m) | ($757k) | ($4.5m) | |
| Loss before income tax | ($147.0m) | ($91.5m) | ($160.0m) | ($61.5m) | ($18.2m) | |
| Income tax benefit | $522k | $521k | $363k | $291k | $406k | |
| Net loss | ($146.5m) | ($91.0m) | ($159.6m) | ($61.2m) | ($17.8m) | |
| Accretions to preferred shares redemption value | $101.5m | ($188.3m) | ($762.2m) | — | — | |
| Net loss attributable to the Cheche’s ordinary shareholders | ($45.0m) | ($279.3m) | ($921.8m) | ($61.2m) | ($17.8m) | |
| Foreign currency translation adjustments, net of nil tax | ($10.3m) | $8.2m | $1.6m | $4.7m | ($6.9m) | |
| Fair value changes of amounts due to related party due to own credit risk | $1.6m | ($476k) | ($405k) | $197k | ($354k) | |
| Comprehensive loss attributable to the Cheche’s ordinary shareholders | ($53.7m) | ($271.6m) | ($920.5m) | ($56.3m) | ($25.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($147.0m) | ($91.5m) | ($160.0m) | ($61.5m) | ($18.2m) | |
| Total other comprehensive income/(loss) | ($8.7m) | $7.7m | $1.2m | $4.9m | ($7.2m) | |
| Total comprehensive loss | ($155.1m) | ($83.3m) | ($158.4m) | ($56.3m) | ($25.0m) | |
| Net Income (Loss) Attributable to Parent | ($146.5m) | ($91.0m) | ($159.6m) | ($61.2m) | ($17.8m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($45.0m) | ($279.3m) | ($921.8m) | ($61.2m) | ($17.8m) | |
| Earnings Per Share, Basic | — | ($8.79) | ($20.30) | ($0.78) | ($0.22) | |
| Earnings Per Share, Diluted | — | ($8.79) | ($20.30) | ($0.78) | ($0.22) | |
| Basic | $33,831,133.00 | $31,780,394.00 | $45,415,205.00 | $78,043,661.00 | $82,581,013.00 | |
| Diluted | $33,831,133.00 | $31,780,394.00 | $45,415,205.00 | $78,043,661.00 | $82,581,013.00 | |
| Weighted Average Number of Shares Outstanding, Basic | $33,831,133.00 | 31.8m | 45.4m | 78.0m | 82.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | $33,831,133.00 | 31.8m | 45.4m | 78.0m | 82.6m | |
| Research and Development Expense | — | $49.9m | $57.2m | $37.9m | $37.2m | |
| Research and development expenses | ($228k) | ($405k) | ($11.6m) | ($1.9m) | ($853k) | |
| General and Administrative Expense | — | $69.3m | $139.4m | $107.9m | $75.8m | |
| General and administrative expenses | ($7.6m) | ($6.7m) | ($67.5m) | ($26.3m) | ($20.4m) | |
| Other Nonoperating Income (Expense) | $316k | ($1.3m) | ($127k) | ($137k) | ($2.0m) | |
| Selling and Marketing Expense | — | $139.0m | $111.5m | $79.5m | $68.2m | |
| Selling and marketing expenses | ($10.7m) | ($9.1m) | ($30.7m) | ($5.7m) | ($3.1m) | |
| Non-Operating Income (Expense) | ($316k) | ($1.3m) | ($127k) | ($137k) | ($2.0m) | |
| Share-based compensation expenses included in | ($18.5m) | ($16.2m) | ($110.0m) | ($33.9m) | ($24.4m) | |
| Interest Expense | ($6.5m) | $3.3m | $1.4m | $838k | $2.3m | |
| Current Income Tax Expense (Benefit) | $522k | $521k | $363k | $291k | ($119k) | |
| Income Tax Expense (Benefit) | $522k | ($521k) | ($363k) | ($291k) | ($406k) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.