YQ — 17 Education & Technology Income Statement

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Annual income statement for 17 Education & Technology, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	20-F	20-F	20-F	6-K
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	406	1,294	2,185	531	171
Cost of Revenue
Gross Profit	233	799	1,306	325	80.7
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	1,406	2,628	3,658	742	514
Operating Profit	-1,000	-1,334	-1,473	-211	-343
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-964	-1,340	-1,442	-178	-312
Provision for Income Taxes
Net Income After Taxes	-964	-1,340	-1,442	-178	-312
Net Income Before Extraordinary Items
Net Income	-964	-1,340	-1,442	-178	-312
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-1,564	-4,178	-1,442	-178	-312
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-16.7	-44.5	-13.4	-1.77	-0.68