Flowing Cloud Technology Ltd. is an investment holding company, which engages in the provision of augmented reality and virtual reality content and services. The company is headquartered in Beijing, Beijing and currently employs 103 full-time employees. The company went IPO on 2022-10-18. The firm mainly provides four services. AR & VR marketing services include formulating AR & VR service plans, designing AR & VR interactive content, distributing AR & VR interactive content, and collecting, monitoring and optimising marketing data and feedback. AR & VR content service provides customised content for culture and tourism, education and technology industries. Integrated marketing services provide service solutions including placement of advertisements on certain social media platforms. AR & VR software as a service (SaaS) services provide standardised solutions and develops customised SaaS content. The firm also provides other services, including digital character development and operation services, short drama production and operation business, non-AR&VR technical services and promotion services.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
928
995
1,244
1,066
595
338
Revenue Growth (YoY)
-15%
-20%
17%
79%
76%
35%
Cost of Revenue
773
795
824
692
419
233
Gross Profit
155
200
420
373
175
104
Selling, General & Admin
288
156
99
50
34
18
Research & Development
116
84
51
48
21
15
Operating Expenses
404
239
148
98
74
33
Other Non Operating Income (Expenses)
--
--
--
0
0
0
Pretax Income
-255
-44
271
247
87
70
Income Tax Expense
-24
-1
7
10
15
10
Net Income
-230
-43
263
236
70
58
Net Income Growth
-209%
-115.99%
11%
237%
21%
41%
Shares Outstanding (Diluted)
94.59
90.33
90.49
90.5
90.5
90.5
Shares Change (YoY)
5%
0%
0%
0%
0%
0%
EPS (Diluted)
-2.43
-0.48
2.91
2.61
0.77
0.65
EPS Growth
-204%
-117%
11%
240%
18%
41%
Free Cash Flow
--
-156
-112
-202
6
5
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
16.7%
20.1%
33.76%
34.99%
29.41%
30.76%
Operating Margin
-26.83%
-3.91%
21.86%
25.79%
16.8%
21%
Profit Margin
-24.78%
-4.32%
21.14%
22.13%
11.76%
17.15%
Free Cash Flow Margin
--
-15.67%
-9%
-18.94%
1%
1.47%
EBITDA
--
4
307
297
114
77
EBITDA Margin
--
0.4%
24.67%
27.86%
19.15%
22.78%
D&A For EBITDA
--
43
35
22
14
6
EBIT
-249
-39
272
275
100
71
EBIT Margin
-26.83%
-3.91%
21.86%
25.79%
16.8%
21%
Effective Tax Rate
9.41%
2.27%
2.58%
4.04%
17.24%
14.28%
Follow-Up Questions
What are Flowing Cloud Technology Ltd's key financial statements?
According to the latest financial statement (Form-10K), Flowing Cloud Technology Ltd has a total asset of $1,770, Net loss of $-43
What are the key financial ratios for FWCTF?
Flowing Cloud Technology Ltd's Current ratio is 4.53, has a Net margin is -4.32, sales per share of $11.01.
How is Flowing Cloud Technology Ltd's revenue broken down by segment or geography?
Flowing Cloud Technology Ltd largest revenue segment is Augmented Reality and Virtual Reality Marketing, at a revenue of 621,338,352 in the most earnings release.For geography, China is the primary market for Flowing Cloud Technology Ltd, at a revenue of 921,673,791.
Is Flowing Cloud Technology Ltd profitable?
no, according to the latest financial statements, Flowing Cloud Technology Ltd has a net loss of $-43
Does Flowing Cloud Technology Ltd have any liabilities?
yes, Flowing Cloud Technology Ltd has liability of 390
How many outstanding shares for Flowing Cloud Technology Ltd?
Flowing Cloud Technology Ltd has a total outstanding shares of 90.44