OneConnect Financial Technology Co., Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. OneConnect Financial Technology Co., Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 18% to $3,667,508,000. The net income raised on -$362,715,000 and profit margin reached -10%. Total operating expenses were $1,717,617,000.

Profit Margin

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT): Profit margin
2017 581.91M -606.95M -104.3%
2018 1.41B -1.19B -84.59%
2019 2.32B -1.68B -72.49%
2020 3.31B -1.41B -42.69%
2021 4.13B -1.33B -32.2%
2022 4.46B -928.02M -20.79%
2023 3.66B -362.71M -9.89%

OCFT Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
3.66B4.46B4.13B3.31B2.32B1.41B581.91M
Cost of revenue
2.31B2.82B2.69B2.06B1.56B1.02B482.53M
Gross profit
1.34B1.63B1.43B1.24B766.85M388.62M99.37M
Operating exp.
Research and development
955.20M1.41B1.35B1.17B956.09M459.18M537.22M
Selling and marketing
275.35M411.35M588.38M629.48M635.67M441.93M208.03M
Total operating expenses
1.71B2.58B2.76B2.57B2.42B1.62B1.01B
Operating income
-368.21M-947.92M-1.33B-1.33B-1.65B-1.11B-890.30M
Other income (expenses), net
6.49M-42.24M-110.09M-80.92M-106.59M45.86M-86.33M
Income before tax
-361.71M-990.17M-1.44B-1.55B-1.76B-1.16B-976.63M
Income tax expense
9.76M-62.14M-112.09M-137.13M-74.92M26.46M-369.67M
Net income
-362.71M-928.02M-1.33B-1.41B-1.68B-1.19B-606.95M
Earnings per share
Basic EPS
-0.33-25.2-36.02-39.85-53.9-32.69-16.59
Diluted EPS
-0.33-25.2-36.02-39.85-53.9-32.69-16.59
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