Financial Summary (All financials)
| In millions of CNY, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
| Revenues | 1,011.1 | 643.4 | 212.1 |
| Revenue growth | 57.2% | 203.4% | |
| Cost of goods sold | 36.9 | 19.5 | 8.9 |
| Gross profit | 974.2 | 623.9 | 203.2 |
| Gross margin | 96.4% | 97.0% | 95.8% |
| Sales and marketing | 81.0 | 50.3 | 17.0 |
| General and administrative | 289.5 | 175.0 | 79.4 |
| EBITA | -547.0 | -363.6 | -137.0 |
| EBITA margin | -54.1% | -56.5% | -64.6% |
| Amortization of intangibles | 9.3 | 6.8 | 4.1 |
| EBIT | -556.3 | -370.4 | -141.2 |
| EBIT margin | -55.0% | -57.6% | -66.6% |
| Pre-tax income | -744.7 | -382.9 | -143.1 |
| Income taxes | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% |
| Net income | -742.6 | -381.7 | -142.0 |
| Net margin | -73.5% | -59.3% | -67.0% |
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| Diluted EPS | ($5.80) | ($3.14) | ($1.33) |
| Shares outstanding (diluted) | 128.1 | 121.6 | 106.7 |
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| 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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