Token Cat Ltd income statement

In fiscal 2025, Token Cat Ltd reported revenue of $823,751, down 87.9% on the year before, operating income of −$4.8m (a -582.3% margin) and net income of $315,864. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Token Cat Ltd: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	18	42	99	93	48	55	27	23	7	1
Cost of revenue	3	13	28	27	13	13	11	10	2	1
Gross profit	15	29	71	66	35	42	17	13	5	0
Research and development	3	2	3	6	5	6	3	2	2	—
Selling and marketing	21	33	65	83	41	43	19	22	8	—
General and administrative	4	4	13	15	14	11	10	3	5	5
Operating income	−12	−11	−10	−38	−25	−17	−18	−3	−5	−5
Income before tax	−12	−11	−11	−36	−24	−16	−26	−0	−13	6
Income tax	0	0	0	0	−0	0	−1	0	—	—
Net income	−13	−13	−12	−36	−24	−16	−25	−12	−26	0
Diluted EPS	—	—	—	−$590.88	−$375.69	−$245.56	−$371.69	−$135.67	−$240.16	—
Diluted shares (average)	—	—	—	—	—	—	—	—	—	—
EBITDA	−12	−10	−10	−37	−24	−17	−17	—	—	—

Token Cat Ltd: income statement, quarterly
Quarter	2018 Q1Mar 2018	2018 Q2Jun 2018	2018 Q3Sept 2018	2018 Q4Dec 2018	2019 Q1Mar 2019
Revenue	10	19	22	29	10

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Token Cat Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Token Cat Ltd.