MicroCloud Hologram Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $358.6m $487.9m $203.5m $290.3m $403.7m
COST OF REVENUES ($108.6m) ($264.7m) ($129.3m) ($224.9m) ($317.8m)
GROSS PROFIT $250.0m $223.3m $74.3m $65.4m $85.9m
Total operating expenses ($171.2m) ($361.6m) ($151.2m) ($203.6m) ($83.3m)
Provision for expected credit loss ($515k) ($3.0m) ($858k) ($2.5m) ($4.4m)
Change in fair value of warrant liability $4.4m $373k $63k
LOSS FROM OPERATIONS $78.8m ($138.3m) ($76.9m) ($138.2m) $2.6m
Finance income, net $627k $1.7m $3.4m $23.3m $44.4m
Profit or loss on disposal of subsidiaries ($15.3m) $5.9m $311k
Loss before income taxes $80.4m ($137.3m) ($85.7m) ($61.7m) ($50.2m)
Net loss $81.2m ($136.5m) ($81.6m) ($64.2m) ($50.2m)
NET LOSS ATTRIBUTABLE TO MICROCLOUD HOLOGRAM INC. ORDINARY SHAREHOLDERS $81.2m ($136.8m) ($81.4m) ($63.3m) ($52.7m)
Foreign currency translation adjustment ($32k) $995k $1.8m $533k ($33.1m)
COMPREHENSIVE LOSS $81.2m ($135.5m) ($79.8m) ($63.7m) ($83.3m)
COMPREHENSIVE LOSS ATTRIBUTABLE TO MICROCLOUD HOLOGRAM INC $81.2m ($135.8m) ($79.6m) ($62.8m) ($85.8m)
Net Income Attributable to Noncontrolling Interest ($66) $292k ($206k) ($909k) $2.5m
Weighted Average Shares Outstanding 13.2m 2.0m 2.2m 12.6m 13.2m
Weighted Average Shares Outstanding, Diluted 13.2m 2.0m 2.2m 12.6m 13.2m
OTHER INCOME (EXPENSE)
Selling expenses ($5.3m) ($8.8m) ($6.7m) ($3.5m) ($2.7m)
General and administrative expenses ($20.1m) ($22.9m) ($65.4m) ($23.3m) ($19.2m)
Research and development expenses ($145.3m) ($331.3m) ($78.7m) ($174.4m) ($57.0m)
Non-Operating Income (Expense) $42.3m ($98.4m)
Income tax credit (expense) $795k $826k $4.1m ($2.5m)
Total other income (expenses), net $1.6m $1.1m ($8.8m) $76.5m ($52.8m)