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MicroCloud Hologram Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K10-KS-1/A
Revenues:  
    Holographic Solutions  22.920.7  
    Holographic Technology Service  49.635.6  
    Total Holographic Solutions  22.920.4  
    Holographic Hardware Sales  10.04.3  
Total revenues  72.556.30.0 
            Revenue growth   [+]28.8%   
Cost of goods sold  39.317.00.0 
Gross profit  33.239.20.0 
            Gross margin  45.8%69.7%  
Selling, general and administrative   [+]2.12.30.0 
Research and development  49.222.8  
Other operating expenses  3.11.7  
EBIT   [+]-21.212.40.0 
            EBIT margin  -29.3%22.0%  
Interest income   0.1  
Other income (expense), net  0.80.20.0 
Pre-tax income  -20.412.60.0 
Income taxes  0.10.10.0 
            Tax rate   1.0%0.0% 
Minority interest  0.00.0  
Net income  -20.312.80.0 
            Net margin  -28.0%22.7%  
   
   
   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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