High Templar Tech Ltd

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $1.4b $734.0m $1.1b $1.3b $565.2m $259.6m $83.7m $17.8m $29.7m $5.9m
Cost of Revenue $267.9m $135.4m $291.4m $52.6m $98.9m $12.3m $47.4m $3.9m $140k $1.1m
Cost of goods sold ($23.9m) ($2.0b) ($366.0m) ($645.1m) ($78.5m) ($326.9m) ($27.7m) ($1.0m) ($7.7m)
Total cost of revenues ($267.9m) ($880.8m) ($2.7b) ($901.8m) ($862.4m) ($298.7m) ($383.1m) ($160.1m) ($201.0m) ($38.0m)
Gross Profit (Calculated) $1.2b $598.6m $721.0m $1.1b $433.0m $212.7m $28.2m ($4.8m) $2.1m $417k
Research and development ($52.3m) ($153.3m) ($199.6m) ($204.8m) ($170.7m) ($141.3m) ($58.3m) ($47.8m) ($58.5m) ($45.7m)
Operating Expenses $333.3m $603.0m $353.0m $80.8m $81.4m $50.1m $44.4m $57.4m
Total operating expenses ($476.6m) ($1.5b) ($2.3b) ($4.2b) ($2.3b) ($514.9m) ($561.2m) ($355.6m) ($323.9m) ($401.7m)
Operating Income (Loss) $713.1m $372.1m $391.2m $552.8m $132.7m $144.8m ($47.8m) ($46.6m) ($42.2m) ($57.0m)
Additional Financial Items
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount $195.0m $4.0m $1.0m $18.0m $1.0m
Foreign Currency Transaction Gain (Loss), before Tax ($9.7m) ($1.1m) ($13.2m) $953k ($16k) ($8k) $36k ($413k) $2.8m ($6.6m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic $66.7m
Income (Loss) from Equity Method Investments ($4.8m) ($3.2m) ($1.6m) ($491k) ($56.7m) ($34.8m) $2.0m $452k ($555k) ($2.7m)
Investment Income, Interest $3.3m $3.3m $5.2m $6.3m $4.2m $4.3m $7.9m $15.6m $19.9m $15.9m
Lease Income $4.0m
Other Operating Income $14.6m $7.8m $3.5m $15.6m $52.6m $12.9m $5.4m $8.2m $41k $54k
Sales and marketing ($182.5m) ($431.7m) ($540.6m) ($280.6m) ($293.3m) ($127.4m) ($271.6m) ($3.8m) ($5.9m) ($8.1m)
General and administrative ($108.8m) ($183.7m) ($255.9m) ($286.1m) ($285.9m) ($443.3m) ($287.5m) ($273.6m) ($276.6m) ($291.5m)
(Provision for)/Reversal of expected credit losses on receivables and other assets ($24.7m) $18.6m ($2.1m)
Impairment loss from other assets ($20.0m) ($156.4m) ($268.9m) ($5.8m) ($1.6m) ($54.3m)
Loss from operations $713.1m $2.4b $2.7b $3.8b $865.6m $922.7m ($329.5m) ($331.0m) ($308.1m) ($398.4m)
Interest and investment income, net $1.9m $4.2m $35.7m $20.9m $708.3m $129.5m $112.8m $255.3m $380.1m $990.4m
Gain/(loss) from equity method investments ($11.3m) ($3.4m) ($370.0m) ($221.8m) $14.0m $3.2m ($4.0m) ($18.9m)
Gain on derivative instruments $17.4m ($70.4m) $153.8m $19.5m $188.7m
Foreign exchange (loss)/gain, net ($9.7m) ($7.2m) ($90.8m) $6.6m ($107k) ($51k) $250k ($2.9m) $20.7m ($46.3m)
Other income $47k $2.1m $15.2m $24.6m $26.4m $5.2m $19.8m $29.0m $61.4m $26.0m
Basic (in shares) $79.3m $252.8m $637.4m $557.1m $507.3m $506.9m $492.0m $588.4m $485.1m $422.9m
Diluted (in shares) $303.8m $673.9m $707.4m $664.4m $612.2m $596.1m $555.5m $666.7m $563.3m $500.7m
Foreign currency translation adjustment ($77.9m) $33.1m $31.9m ($38.5m) ($7.6m) $13.0m $21.8m $37.9m ($68.9m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $703.5m $371.9m $385.3m $558.8m $187.1m $132.8m ($39.1m) $14.3m $21.6m $105.7m
Investment Income, Net $1.9m $647k $5.2m $3.0m $108.5m $20.3m $16.4m $36.0m $52.1m $141.6m
Net Investment Income $1.5m
Total comprehensive income $576.7m $2.1b $2.5b $3.3b $920.4m $581.5m ($348.9m) $61.0m $129.6m $639.7m
Net income before income taxes $703.5m $2.4b $2.6b $3.9b $1.2b $846.4m ($269.6m) $101.5m $157.5m $739.3m
Net Income (Loss) Attributable to Parent $576.7m $332.7m $362.3m $468.9m $146.9m $92.4m ($52.5m) $5.5m $12.6m $101.3m
Net Income (Loss) Available to Common Stockholders, Basic $576.7m $2.2b $2.5b $3.3b $958.8m $589.1m ($362.0m) $39.1m $91.7m $708.6m
Net Income (Loss) Attributable to Noncontrolling Interest ($494k) ($13k)
Earnings Per Share, Basic $7.27 $68.52 $7.82 $46.88 $15.12 $9.28 ($5.88) $0.72 $2.00 $17.48
Earnings Per Share, Diluted $1.90 $28.36 $7.74 $43.76 $14.36 $9.08 ($5.88) $0.72 $1.96 $17.00
Weighted Average Number of Shares Outstanding, Basic 79.3m
Weighted Average Number of Shares Outstanding, Diluted 303.8m
Research and Development Expense $52.3m $23.6m $29.0m $29.4m $26.2m $22.2m $8.4m $6.7m $8.0m $6.5m
General and Administrative Expense $108.8m $28.2m $37.2m $41.1m $43.8m $69.6m $41.7m $38.5m $37.9m $41.7m
Other Nonoperating Income (Expense) ($9.6m) ($188k) ($5.9m) $6.0m $54.4m
Costs and Expenses $744.4m $369.6m
Selling and Marketing Expense $182.5m $66.4m $78.6m $40.3m $44.9m $20.0m $39.4m $535k $804k $1.2m
Other expenses ($1.8m) ($363k) ($522k) ($10.3m) ($9.3m) ($6.5m) ($16.6m) ($6.0m) ($11.8m) ($2.2m)
Financing Interest Expense $211.0m $105.6m $79.6m $41.4m $2.3m $0
Current Income Tax Expense (Benefit) $144.6m $54.3m $41.6m $71.0m $19.8m $21.2m $10.4m $9.1m $9.0m $4.4m
Income tax expenses ($126.8m) ($255.5m) ($157.7m) ($626.2m) ($262.0m) ($260.5m) ($92.4m) ($62.3m) ($65.8m) ($30.7m)
Other Cost of Operating Revenue $106.4m $77.0m $33.3m $34.6m $8.1m $18.6m $27.4m $4.3m
Cost of delivery services income and other revenues ($267.9m) ($857.0m) ($731.8m) ($535.8m) ($217.3m) ($220.2m) ($56.2m) ($132.4m) ($200.0m) ($30.3m)
Income Tax Expense (Benefit) $126.8m $39.3m $22.9m $90.0m $40.2m $40.9m $13.4m $8.8m $9.0m $4.4m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.