← FinVolution Group
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.2b | $598.8m | $623.6m | $6.0b | $7.6b | $9.5b | $11.1b | $12.5b | $1.8b | $1.9b | |
| Origination, servicing expenses and other cost of revenue | $957.2m | $502.7m | $500.0m | ($1.2b) | ($1.3b) | ($1.8b) | ($2.0b) | ($2.1b) | ($2.4b) | ($2.9b) | |
| Origination, servicing expenses and other cost of revenue-related party | — | — | — | ($43.5m) | ($10.1m) | ($7.5m) | ($37k) | $0 | — | ($29.9m) | |
| Operating Expenses | $978.9m | $361.4m | $364.2m | $476.4m | $805.5m | $1.1b | $1.2b | $1.4b | $1.4b | $1.5b | |
| Total operating expenses | ($978.9m) | ($2.4b) | ($2.5b) | ($3.3b) | ($5.3b) | ($6.9b) | ($8.6b) | ($10.2b) | ($10.5b) | ($10.7b) | |
| Additional Financial Items | |||||||||||
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $7k | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $1.1m | ($4.1m) | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $50.4b | |
| Credit losses for quality assurance commitment | — | — | — | — | ($2.0b) | ($2.0b) | ($3.2b) | ($4.4b) | ($4.6b) | ($3.5b) | |
| Provision for loans receivable | — | ($46.6m) | ($192.7m) | ($299.5m) | ($463.2m) | ($374.2m) | ($415.9m) | ($586.8m) | ($320.0m) | ($637.7m) | |
| Provision for accounts receivable and contract assets | — | — | — | ($261.9m) | ($144.7m) | ($139.2m) | ($390.9m) | ($253.9m) | ($317.0m) | ($426.0m) | |
| Net profit | $501.5m | $1.1b | $2.5b | $2.4b | $2.0b | $2.5b | $2.3b | $2.4b | $2.4b | $2.5b | |
| Net profit attributable to non-controlling interest shareholders | — | ($76k) | $377k | $1.7m | $4.1m | $13.6m | ($14.9m) | ($42.6m) | ($4.7m) | ($2.8m) | |
| Net profit attributable to FinVolution Group’s ordinary shareholders | $501.5m | $1.1b | $2.5b | $2.4b | $2.0b | $2.5b | $2.3b | $2.3b | $2.4b | $2.5b | |
| Foreign currency translation adjustment, net of nil tax | ($60.5m) | $99.9m | $43.3m | $12.1m | ($75.5m) | ($11.6m) | $69.0m | $27.8m | $12.6m | ($79.6m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $549.8m | $208.7m | $381.2m | $410.3m | $371.5m | $429.4m | $396.7m | $391.4m | $389.8m | $443.5m | |
| Total comprehensive income | $441.0m | $1.2b | $2.5b | $2.4b | $1.9b | $2.5b | $2.4b | $2.4b | $2.4b | $2.5b | |
| Total comprehensive income attributable to non-controlling interest shareholders | — | ($76k) | $377k | $1.7m | $4.1m | $13.6m | ($14.9m) | ($42.6m) | ($4.7m) | ($2.8m) | |
| Total comprehensive income attributable to FinVolution Group’s ordinary shareholders | $441.0m | $1.2b | $2.5b | $2.4b | $1.9b | $2.5b | $2.3b | $2.4b | $2.4b | $2.5b | |
| Net Income (Loss) Attributable to Parent | $501.5m | $166.5m | $359.1m | $340.8m | $302.3m | $393.7m | $328.6m | $329.7m | $326.5m | $363.6m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($60.5m) | ($305.9m) | $359.1m | $340.8m | $2.0b | $2.5b | $2.3b | $2.3b | $2.4b | $2.5b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($12k) | $55k | $240k | ($631k) | ($2.1m) | $2.2m | $6.0m | $644k | $400k | |
| Earnings Per Share, Basic | ($0.09) | ($2.55) | $0.24 | $0.22 | $0.20 | $0.28 | $0.23 | $0.24 | $0.25 | $0.29 | |
| Earnings Per Share, Diluted | ($0.09) | ($2.55) | $0.22 | $0.22 | $0.20 | $0.27 | $0.23 | $0.24 | $0.25 | $0.27 | |
| Weighted Average Number of Shares Outstanding, Basic | 665.0m | 779.8m | 1.5b | 1.5b | 1.5b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | |
| Weighted Average Shares Outstanding | 665.0m | 779.8m | 1.5b | 1.5b | 1.5b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | |
| Weighted Average Shares Outstanding, Diluted | 665.0m | 779.8m | 1.6b | 1.6b | 1.5b | 1.5b | 1.5b | 1.4b | 1.3b | 1.3b | |
| Weighted Average Number of Shares Outstanding, Diluted | 665.0m | 779.8m | 1.6b | 1.6b | 1.5b | 1.5b | 1.5b | 1.4b | 1.3b | 1.3b | |
| Research and Development Expense | — | — | — | $56.1m | $56.7m | $68.2m | $71.3m | $72.0m | $68.1m | $76.7m | |
| Research and development expenses | — | ($164.9m) | ($318.0m) | ($390.6m) | ($370.2m) | ($434.9m) | ($491.5m) | ($511.0m) | ($496.7m) | ($536.6m) | |
| General and Administrative Expense | $237.8m | $90.5m | $102.0m | $62.6m | $70.7m | $81.3m | $58.2m | $54.9m | $56.7m | $63.2m | |
| General and administrative expenses | ($237.8m) | ($588.7m) | ($701.4m) | ($435.8m) | ($461.1m) | ($518.2m) | ($401.7m) | ($390.0m) | ($413.5m) | ($442.1m) | |
| Nonoperating Income (Expense) | $13.7m | $5.6m | $21.6m | $19.6m | $17.9m | $19.2m | $32.0m | $55.6m | $42.5m | $31.0m | |
| Selling and Marketing Expense | $353.0m | $121.2m | $103.4m | $103.5m | $74.0m | $248.6m | $244.3m | $265.8m | $276.0m | $314.7m | |
| Sales and marketing expenses | ($353.0m) | ($788.3m) | ($710.8m) | ($720.3m) | ($482.9m) | ($1.6b) | ($1.7b) | ($1.9b) | ($2.0b) | ($2.2b) | |
| Interest Expense | $18.2m | $15.6m | $60.1m | — | $228.3m | $73.8m | $146.3m | $53.1m | — | $4.1m | |
| Interest Expense Operating | — | — | — | — | — | — | — | — | $19.4m | $36.9m | |
| Current Income Tax Expense (Benefit) | $65.1m | $371.4m | $94.8m | $390.1m | $298.1m | $503.1m | $823.8m | $991.6m | $1.2b | $784.5m | |
| Profit before income tax expenses | $549.8m | $1.4b | $2.6b | $2.9b | $2.4b | $2.7b | $2.7b | $2.8b | $2.8b | $3.1b | |
| Income tax expenses | ($48.3m) | ($274.7m) | ($151.2m) | ($482.0m) | ($455.4m) | ($240.8m) | ($454.8m) | ($395.1m) | ($457.4m) | ($556.2m) | |
| Interest Income (Expense), Net | $41.8m | $31.4m | $256.1m | — | $1.1b | $1.2b | $1.2b | $1.0b | $853.8m | $1.3b | |
| Income Tax Expense (Benefit) | $48.3m | $42.2m | $22.0m | $69.2m | $69.8m | $37.8m | $65.9m | $55.6m | $62.7m | $79.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.