Also trades as: 9991.HK (HKSE) · $vol 0M

$3.15

+0.09 (+2.77%)

Weekly Expected Move ±4.3%

$3 $3 $3 $3 $3

NASDAQ · Consumer Cyclical · Specialty Retail · Tech Score Strong Buy · Power 75 · $183.4M mcap · 54M float · 0.429% daily turnover · Short 50% of daily vol

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$9.7B +2.7% ▲

5Y CAGR: +1.8%

Gross Profit

$7.2B +59.8% ▲

5Y CAGR: +17.0%

Operating Income

-$2M +98.0% ▲

Net Income

-$236M -27.2% ▼

EPS (Diluted)

$-4.05 -31.1% ▼

EBITDA

-$2M -101.2% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$9.4B	$8.4B	$8.8B	$9.4B	$9.7B
YoY Growth	+6.2%	-10.6%	+4.9%	+6.9%	+2.7%
Cost of Revenue	$5.9B	$5.0B	$4.9B	$4.9B	$2.5B
Gross Profit	$3.5B	$3.4B	$3.9B	$4.5B	$7.2B
Gross Margin	36.8%	40.8%	44.2%	47.6%	74.1%
R&D Expenses	$448M	$428M	$505M	$0	$451M
SG&A Expenses	$3.1B	$3.0B	$3.7B	$4.1B	$6.7B
Operating Expenses	$3.5B	$3.4B	$4.1B	$4.6B	$7.2B
Operating Income	$7M	$33M	-$206M	-$115M	-$2M
Operating Margin	0.1%	0.4%	-2.3%	-1.2%	-0.0%
Interest Expense	$57M	$57M	$41M	$39M	$43M
Income Before Tax	-$151M	-$584M	-$211M	-$118M	-$185M
Tax Expense	$55M	$26M	$12M	$21M	$10M
Net Income	-$220M	-$653M	-$278M	-$185M	-$236M
Net Margin	-2.3%	-7.8%	-3.2%	-2.0%	-2.4%
EPS (Diluted)	$-3.06	$-10.68	$-4.68	$-3.09	$-4.05
EBITDA	$110M	-$327M	$76M	$191M	-$2M
Shares Outstanding	72M	61M	59M	60M	58M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$2.1B	$3.0B	$2.1B	$2.6B	$2.2B	$3.2B	$2.4B	$2.7B
Cost of Revenue	$1.1B	$1.5B	$1.1B	$1.3B	$1.0B	$1.5B	$1.2B	$688M
Gross Profit	$975M	$1.5B	$993M	$1.2B	$1.1B	$1.7B	$1.2B	$2.0B
Gross Margin	47.4%	48.5%	48.1%	48.4%	52.4%	53.7%	49.0%	74.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$114M
SG&A Expenses	$977M	$1.2B	$971M	$1.2B	$1.1B	$1.4B	$1.1B	$1.4B
Operating Expenses	$1.1B	$1.4B	$1.1B	$1.2B	$1.2B	$1.5B	$1.2B	$2.0B
Operating Income	-$114M	$73M	-$84M	-$9M	-$26M	$194M	$250K	$44M
Operating Margin	-5.6%	2.4%	-4.1%	-0.4%	-1.2%	6.1%	0.0%	1.6%
Interest Expense	$9M	$10M	$13M	$12M	$10M	$10M	$9M	$9M
Income Before Tax	-$112M	$71M	-$79M	-$7M	-$82M	-$22M	$8M	$69M
Tax Expense	-$19M	$28M	-$6M	$13M	$13M	-$10M	$10M	$26M
Net Income	-$88M	$129K	-$63M	-$34M	-$107M	-$38M	-$7M	$17M
Net Margin	-4.3%	0.0%	-3.1%	-1.3%	-5.0%	-1.2%	-0.3%	0.6%
EPS (Diluted)	$-1.44	$0.00	$-1.08	$-0.60	$-1.86	$-0.66	$-0.13	$0.29
EBITDA	-$52M	$165M	-$66M	$1M	-$74M	-$18M	$16M	$51M
Shares Outstanding	61M	60M	58M	58M	58M	58M	58M	59M

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