← Smart Logistics Global Ltd
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| REVENUE | $842.4m | $890.5m | $855.2m | $899.8m | $1.5b | $706.7m | $678.2m | $628.5m | |
| Total operating expenses | $829.2m | $865.8m | $837.7m | $873.6m | $1.4b | $1.1b | $793.2m | $881.6m | |
| INCOME (LOSS) FROM OPERATIONS | $13.2m | $24.7m | $17.5m | $26.2m | $58.6m | $10.8m | $11.4m | ($14.2m) | |
| Foreign exchange gain (loss) | — | — | — | — | — | $42k | $3k | ($28k) | |
| INCOME (LOSS) BEFORE INCOME TAXES | $10.5m | $22.2m | $15.5m | $29.6m | $58.2m | $15.3m | $13.1m | ($15.4m) | |
| Foreign currency translation adjustments | — | — | — | — | — | ($3.8m) | ($5.3m) | $262k | |
| COMPREHENSIVE INCOME (LOSS) | $10.6m | $17.4m | $12.6m | $24.3m | $43.6m | $5.5m | $3.3m | ($17.9m) | |
| Operating partner commissions | $88.8m | $102.6m | $85.8m | $95.1m | $121.9m | $115.6m | $92.7m | $78.5m | |
| Depreciation and amortization | $14.4m | $15.2m | $16.6m | $16.6m | $18.7m | $22.7m | $18.1m | $18.4m | |
| Change in fair value of contingent consideration | ($1.2m) | ($1.2m) | $1.8m | $4.3m | $767k | ($646k) | ($450k) | ($2.5m) | |
| Interest income | $34k | $50k | $59k | $18k | $23k | $1.4m | $2.3m | $1.3m | |
| Foreign currency transaction gain | ($8k) | $160k | ($125k) | ($189k) | $718k | $755k | $143k | $164k | |
| Change in fair value of interest rate swap contracts | — | $0 | $600k | ($594k) | $1.8m | $383k | ($1.2m) | ($1.0m) | |
| Gain on forgiveness of debt | — | — | $0 | $6.0m | $0 | — | — | — | |
| Foreign currency translation gain (loss) | $121k | $1k | $258k | $696k | ($1.9m) | ($1.4m) | ($1.3m) | $335k | |
| Less: preferred stock dividends | ($2.0m) | ($956k) | $0 | — | — | — | — | — | |
| NET INCOME (LOSS) | $10.4m | $17.4m | $12.4m | $23.6m | $45.5m | $9.4m | $8.7m | ($18.2m) | |
| Less: net income attributable to non-controlling interest | ($245k) | ($1.0m) | ($1.8m) | ($519k) | ($1.0m) | ($646k) | ($512k) | ($147k) | |
| Net income attributable to common stockholders | $8.1m | $13.7m | $10.5m | $23.6m | $45.5m | $9.4m | $8.7m | ($18.2m) | |
| Earnings (Loss) per share - Basic (in Dollars per share and Yuan Renminbi per share) | $0.17 | $0.28 | $0.21 | $0.46 | $0.90 | $0.23 | $0.22 | ($0.45) | |
| Earnings (Loss) per share - diluted (in Dollars per share and Yuan Renminbi per share) | $0.16 | $0.27 | $0.21 | $0.45 | $0.88 | $0.23 | $0.22 | ($0.45) | |
| Weighted average number of ordinary shares outstanding - Basic (in Shares) | 49.2m | 49.5m | 49.6m | 49.9m | 49.6m | 40.0m | 40.0m | 40.4m | |
| Weighted average number of ordinary shares outstanding - diluted (in Shares) | 50.6m | 51.1m | 51.1m | 51.2m | 50.7m | 40.0m | 40.0m | 40.4m | |
| Costs of revenue | — | — | — | — | — | $678.7m | $650.7m | $599.2m | |
| Selling and marketing expenses | — | — | — | — | — | $5.1m | $5.0m | $32.2m | |
| General and administrative expenses | — | — | — | — | — | $12.1m | $11.1m | $11.3m | |
| Other income (expenses), net | $408k | $274k | $370k | $704k | $193k | $59k | $81k | ($23k) | |
| Interest income (expenses), net | — | — | — | — | — | $4.4m | $1.6m | ($1.2m) | |
| Income tax expense | ($73k) | ($4.8m) | ($3.2m) | ($6.0m) | ($12.7m) | ($5.9m) | ($4.5m) | ($2.8m) | |
| Cost of transportation and other services | $642.3m | $660.4m | $645.8m | $678.4m | $1.2b | $801.6m | $565.9m | $663.3m | |
| Personnel costs | $58.6m | $60.4m | $57.7m | $55.4m | $72.2m | $79.5m | $78.2m | $81.5m | |
| Selling, general and administrative expenses | $26.2m | $28.5m | $29.5m | $23.7m | $34.0m | $38.5m | $38.7m | $42.5m | |
| Interest expense | ($3.1m) | ($3.0m) | ($2.9m) | ($2.5m) | ($3.2m) | ($3.3m) | ($1.1m) | ($1.3m) | |
| Transition, lease termination, and other costs | $176k | ($11k) | $500k | $0 | — | $30k | — | — | |
| Less: issuance costs for preferred stock redemption | $0 | ($1.7m) | $0 | — | — | — | — | — | |
| Transition and lease termination costs | $176k | ($11k) | $500k | $0 | — | $30k | — | — | |
| Total costs and expenses | — | — | — | — | — | $695.9m | $666.8m | $642.7m | |
| Total other income (expenses), net | ($2.7m) | ($2.5m) | ($2.0m) | $3.4m | ($440k) | $4.5m | $1.7m | ($1.2m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.