WiMi Hologram Cloud Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
COST OF REVENUES ($79.2m) ($85.4m) ($146.2m) ($596.6m) ($684.2m) ($539.2m) ($411.7m) ($387.9m) ($313.3m)
GROSS PROFIT $112.8m $139.9m $173.0m $169.4m $249.6m $143.0m $173.7m $154.0m $109.0m
Total operating expenses ($35.6m) ($39.1m) ($60.2m) ($322.9m) ($513.2m) ($451.8m) ($790.8m) ($183.1m) ($147.6m)
(Reversal of) provision for credit losses ($1.6m) ($1.2m) ($138.4m) ($4.5m) ($9.7m) $1.1m ($21.6m)
Impairment loss for goodwill ($7.3m) ($131.2m) ($35.5m) ($243.3m)
Impairment loss for long-lived assets ($4.3m) ($13.7m) ($5.5m) ($35.8m) ($14.8m)
Impairment loss from long-term investment $832k ($144.9m) ($157k)
LOSS FROM OPERATIONS $77.3m $100.8m $112.9m ($153.4m) ($263.7m) ($308.7m) ($617.1m) ($29.1m) ($38.6m)
Investment income (loss) $196k $300k $12.3m $2.5m ($88.3m) $52.7m ($34.5m) $395.5m
Interest income $34k $25k $1.2m $476k $3.4m $3.7m $13.7m $163.9m $2.5m
Other income, net ($3.4m) ($3.5m) ($7.5m) $11.4m $8.4m ($71.7m) $1.2m $10.7m ($4.0m)
Gain from disposal of subsidiary $5.8m $9.0m $37.6m $12.3m
Current ($2.0m) ($9.6m) ($4.6m) ($4.5m) ($2.2m) ($136k) ($140k) ($6.0m) ($7.3m)
Deferred $1.5m $1.5m $1.5m $1.6m $3.0m $3.8m $2.7m ($548k) $3k
NET (LOSS) INCOME $89.2m $102.2m ($145.0m) ($254.4m) ($376.8m) ($510.4m) $103.3m $347.1m
Less: Net (loss) income attributable to non-controlling interests $6.2m ($18.4m) ($19.1m) ($89.2m) $31.7m $37.9m
NET (LOSS) INCOME ATTRIBUTABLE TO WIMI HOLOGRAM CLOUD, INC. $73.3m $89.2m $102.2m ($151.2m) ($236.0m) ($357.7m) ($421.2m) $71.6m $309.2m
Foreign currency translation adjustment ($251k) $1.8m $1.6m ($38.9m) ($19.9m) $41.8m $66.9m ($51.4m) ($93.6m)
COMPREHENSIVE (LOSS) INCOME $91.0m $103.8m ($183.8m) ($274.2m) ($335.0m) ($443.5m) $51.9m $253.5m
Less: Comprehensive (loss) income attributable to non-controlling interests $5.9m ($18.7m) ($24.7m) ($89.3m) $34.1m $14.5m
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO WIMI HOLOGRAM CLOUD, INC. $73.1m $91.0m $103.8m ($189.7m) ($255.5m) ($310.3m) ($354.1m) $17.8m $239.1m
Basic (in Shares) $1 $1 $1 ($1) ($1) ($2) ($2) $7 $23
Diluted (in Shares) $1 $1 $1 ($1) ($1) $172.3m ($48) $7 $16
Total operating revenues $192.0m $225.3m $319.2m $766.0m $933.8m $682.3m $585.4m $541.9m $422.2m
Total other income, net $8.4m ($71.7m) $104.2m $139.0m $393.1m
(LOSS) INCOME BEFORE INCOME TAXES $73.9m $97.3m $105.3m ($142.1m) ($255.2m) ($380.4m) ($512.9m) $109.9m $354.4m
Selling expenses ($1.2m) ($1.2m) ($1.9m) ($3.7m) ($10.6m) ($5.9m) ($3.6m) ($2.3m) ($2.2m)
General and administrative expenses ($24.6m) ($29.8m) ($39.9m) ($42.7m) ($65.8m) ($44.9m) ($157.1m) ($34.2m) ($23.6m)
Research and development expenses ($9.7m) ($8.0m) ($18.4m) ($85.0m) ($155.6m) ($341.6m) ($171.1m) ($111.7m) ($63.3m)
Stock compensation expenses ($191.4m) ($10.6m) ($6.4m) ($55.7m) ($22.1m)
Finance expenses, net ($4.2m) ($5.2m) ($11.1m) ($3.8m) ($7.1m) ($2.3m) ($1.0m) ($1.1m) ($13.2m)
Income tax credit (expense) ($528k) ($8.1m) ($3.1m) ($2.9m) $835k $3.6m $2.5m ($6.6m) ($7.3m)