Token Cat Limited (TC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q4'20 | Q3'20 | Q2'20 | Q4'18 |
|---|
| Sales/Revenue | 9.89M | 9.89M | 8.44M | 8.44M | 16.15M | 16.15M | 35.11M | 46.08M | 46.08M | 46.99M | 46.99M | 83.13M | 165.76M | 100.03M | 54.75M | 226.41M |
| Revenue Growth % | -38.78% | -38.78% | -75.97% | - | -64.94% | -64.94% | -25.28% | - | - | -43.48% | - | -49.85% | - | - | - | - |
| Cost of Goods Sold | 2.08M | 2.08M | 2.82M | 2.82M | 4.98M | 4.98M | 17.61M | 16.86M | 16.86M | 26.79M | 26.79M | 19.61M | 45.16M | 27.93M | 11.7M | 3.62M |
| COGS % of Revenue | 20.99% | 20.99% | 33.46% | 33.46% | 30.8% | 30.8% | 50.15% | 36.6% | 36.6% | 57.02% | 57.02% | 23.59% | 27.24% | 27.92% | 21.37% | 1.6% |
| Gross Profit | 7.81M | 7.81M | 5.61M | 5.61M | 11.18M | 11.18M | 17.5M | 29.21M | 29.21M | 20.2M | 20.2M | 63.52M | 120.6M | 72.1M | 43.05M | 222.79M |
| Gross Margin % | 79.01% | 79.01% | 66.54% | 66.54% | 69.2% | 69.2% | 49.85% | 63.4% | 63.4% | 42.98% | 42.98% | 76.41% | 72.76% | 72.08% | 78.63% | 98.4% |
| Gross Profit Growth % | -30.1% | -30.1% | -67.92% | - | -61.74% | -61.74% | -13.36% | - | - | -68.2% | - | -47.33% | - | - | - | - |
| Operating Expenses | 28.28M | 28.28M | 26.86M | 26.86M | 34.9M | 34.9M | 50.43M | 44.6M | 44.6M | 77.98M | 77.98M | 104.88M | 146.97M | 114.08M | 83.99M | 248.37M |
| OpEx % of Revenue | 285.99% | 285.99% | 318.35% | 318.35% | 216.09% | 216.09% | 143.66% | 96.79% | 96.79% | 165.96% | 165.96% | 126.16% | 88.66% | 114.05% | 153.41% | 109.7% |
| Selling, General & Admin | 27.59M | 27.59M | 23.39M | 23.39M | 30.4M | 30.4M | 48.64M | 52.2M | 52.2M | 44.13M | 44.13M | 99.1M | 138.28M | 107.57M | 76.6M | 174.69M |
| SG&A % of Revenue | 279.06% | 279.06% | 277.23% | 277.23% | 188.23% | 188.23% | 138.54% | 113.29% | 113.29% | 93.92% | 93.92% | 119.22% | 83.42% | 107.54% | 139.91% | 77.16% |
| Research & Development | 685K | 685K | 1.59M | 1.59M | 4.35M | 4.35M | 1.8M | 3.84M | 3.84M | 3.71M | 3.71M | 8.77M | 10.23M | 7.14M | 8.26M | 5.94M |
| R&D % of Revenue | 6.93% | 6.93% | 18.91% | 18.91% | 26.93% | 26.93% | 5.12% | 8.32% | 8.32% | 7.9% | 7.9% | 10.55% | 6.17% | 7.14% | 15.08% | 2.62% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 150K | 150K | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 996K | -253K |
| Operating Income | -20.47M | -20.47M | -21.24M | -21.24M | -23.73M | -23.73M | -32.94M | -26.82M | -26.82M | -27.65M | -27.65M | -44.35M | -27.91M | -42.61M | -41.81M | -17.32M |
| Operating Margin % | -206.98% | -206.98% | -251.81% | -251.81% | -146.89% | -146.89% | -93.81% | -58.21% | -58.21% | -58.84% | -58.84% | -53.35% | -16.84% | -42.6% | -76.37% | -7.65% |
| Operating Income Growth % | 13.74% | 13.74% | 35.5% | - | 11.53% | 11.53% | -19.12% | - | - | 37.66% | - | -58.92% | - | - | - | - |
| EBITDA | 0 | 0 | -1.87M | -1.87M | -150K | -150K | -31.88M | -25.76M | -25.76M | -27.28M | -27.28M | -42.5M | -26.13M | -41.51M | -40.7M | -17.05M |
| EBITDA Margin % | - | - | -22.21% | -22.21% | -0.93% | -0.93% | -90.8% | -55.91% | -55.91% | -58.06% | -58.06% | -51.13% | -15.76% | -41.5% | -74.35% | -7.53% |
| EBITDA Growth % | 100% | 100% | 94.12% | - | 99.42% | 99.42% | -16.85% | - | - | 35.81% | - | -62.64% | - | - | - | - |
| D&A (Non-Cash Add-back) | 20.47M | 20.47M | 19.37M | 19.37M | 23.58M | 23.58M | 1.06M | 1.06M | 1.06M | 368.5K | 368.5K | 1.85M | 1.78M | 1.11M | 1.11M | 265K |
| EBIT | -20.47M | -20.47M | -19.37M | -19.37M | -23.58M | -23.58M | -32.94M | -26.82M | -26.82M | -54.72M | -27.65M | -44.35M | -27.91M | -42.61M | -41.81M | -17.32M |
| Net Interest Income | -376.5K | -376.5K | -278K | -278K | -221K | -221K | -106K | 34.5K | 34.5K | -3.07M | 101.5K | -453K | 418K | 540K | 484K | 34K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 106K | 34.5K | 34.5K | 101.5K | 101.5K | 453K | 418K | 540K | 703K | 34K |
| Interest Expense | 376.5K | 376.5K | 278K | 278K | 221K | 221K | 0 | 0 | 0 | 3.17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 20.13M | 20.13M | -52.41M | -52.41M | 3.39M | 3.39M | 6.8M | 11.47M | 11.47M | -30.24M | -30.24M | 2.54M | 1.96M | 1.17M | 1.57M | -987K |
| Pretax Income | -337.5K | -337.5K | -73.66M | -73.66M | -20.34M | -20.34M | -26.14M | -15.35M | -15.35M | -57.89M | -57.89M | -41.81M | -25.95M | -41.44M | -40.24M | -18.31M |
| Pretax Margin % | -3.41% | -3.41% | -873.14% | -873.14% | -125.91% | -125.91% | -74.45% | -33.31% | -33.31% | -123.2% | -123.2% | -50.29% | -15.65% | -41.43% | -73.5% | -8.09% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.73M | -2.73M | 774K | -258K | -258K | -164K | 11.62M |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4.71% | 4.71% | -1.85% | 0.99% | 0.62% | 0.41% | -63.45% |
| Net Income | -337.5K | -337.5K | -73.66M | -73.66M | -20.34M | -20.34M | -26.14M | -15.35M | -15.35M | -55.16M | -55.16M | -42.58M | -25.37M | -41.18M | -39.97M | -29.92M |
| Net Margin % | -3.41% | -3.41% | -873.14% | -873.14% | -125.91% | -125.91% | -74.45% | -33.31% | -33.31% | -117.39% | -117.39% | -51.23% | -15.3% | -41.17% | -73.01% | -13.22% |
| Net Income Growth % | 98.34% | 98.34% | -181.82% | - | -32.5% | -32.5% | 52.62% | - | - | -29.54% | - | -67.87% | - | - | - | - |
| Net Income (Continuing) | -337.5K | -337.5K | -73.66M | -73.66M | -20.34M | -20.34M | -26.14M | -15.35M | -15.35M | -55.16M | -55.16M | -42.58M | -25.69M | -41.18M | -40.08M | -18.31M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.1M | -1.1M | -781K | -781K | 0 |
| EPS (Diluted) | -2.88 | -2.88 | -33.60 | -33.60 | -6.96 | -6.96 | -9.10 | -5.53 | -5.53 | -24.07 | -24.07 | -19.93 | -11.95 | -19.41 | -18.97 | -22.87 |
| EPS Growth % | 58.62% | 58.62% | -269.23% | - | -25.86% | -25.86% | 62.19% | - | - | -20.77% | - | -66.78% | - | - | - | - |
| EPS (Basic) | -2.88 | -2.88 | -33.60 | -33.60 | -6.96 | -6.96 | -9.10 | -5.76 | -5.76 | -24.11 | -24.11 | -19.93 | -11.95 | -19.41 | -18.97 | -22.87 |
| Diluted Shares Outstanding | 117.56K | 117.56K | 2.15M | 2.15M | 2.19M | 2.19M | 2.16M | 2.08M | 2.08M | 1.72M | 1.72M | 1.6M | 1.59M | 1.59M | 1.58M | 981.25K |
| Basic Shares Outstanding | 117.56K | 117.56K | 2.15M | 2.15M | 2.19M | 2.19M | 2.16M | 2M | 2M | 1.72M | 1.72M | 1.6M | 1.59M | 1.59M | 1.58M | 981.25K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |