← FinVolution Group
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.2b |
$598.8m
-50.46%
|
$623.6m
+4.14%
|
$6.0b
+856.18%
|
$7.6b
+26.84%
|
$8.3b
+9.54%
|
$10.0b
+21.25%
|
$11.7b
+16.11%
|
$1.8b
-84.65%
|
$1.9b
+8.40%
|
$13.3b
+587.25%
|
|
| Origination, servicing expenses and other cost of revenue | $957.2m |
$502.7m
-47.48%
|
$500.0m
-0.53%
|
($1.2b)
-332.94%
|
($1.3b)
-12.95%
|
($1.8b)
-39.45%
|
($2.0b)
-11.13%
|
($2.1b)
-3.58%
|
($2.4b)
-12.80%
|
($2.9b)
-20.50%
|
— | |
| Origination, servicing expenses and other cost of revenue-related party | — | — | — | ($43.5m) |
($10.1m)
+76.77%
|
($7.5m)
+25.74%
|
($37k)
+99.51%
|
$0
+100.00%
|
— | ($29.9m) | — | |
| Interest Income (Expense), Net | $41.8m |
$31.4m
-24.92%
|
$256.1m
+716.23%
|
— | $1.1b |
$1.2b
+9.24%
|
$1.2b
-3.45%
|
$1.0b
-10.63%
|
$853.8m
-18.64%
|
$1.3b
+56.53%
|
— | |
| Gross Profit | $251.5m |
$96.1m
-61.79%
|
$123.6m
+28.61%
|
$4.8b
+3782.35%
|
$6.2b
+30.21%
|
$6.5b
+3.24%
|
$8.0b
+24.13%
|
$9.6b
+19.30%
|
($591.8m)
-106.20%
|
($929.8m)
-57.11%
|
$10.3b
+1204.92%
|
|
| Research and Development Expense | — | — | — | $56.1m | $56.7m | $68.2m | $71.3m | $72.0m | $68.1m | $76.7m | $536.0m | |
| Research and development expenses | — | ($164.9m) | ($318.0m) | ($390.6m) | ($370.2m) | ($434.9m) | ($491.5m) | ($511.0m) | ($496.7m) | ($536.6m) | $536.0m | |
| Selling and Marketing Expense | $353.0m | $121.2m | $103.4m | $103.5m | $74.0m | $248.6m | $244.3m | $265.8m | $276.0m | $314.7m | $2.6b | |
| Sales and marketing expenses | ($353.0m) | ($788.3m) | ($710.8m) | ($720.3m) | ($482.9m) | ($1.6b) | ($1.7b) | ($1.9b) | ($2.0b) | ($2.2b) | — | |
| General and Administrative Expense | $237.8m | $90.5m | $102.0m | $62.6m | $70.7m | $81.3m | $58.2m | $54.9m | $56.7m | $63.2m | $449.1m | |
| General and administrative expenses | ($237.8m) | ($588.7m) | ($701.4m) | ($435.8m) | ($461.1m) | ($518.2m) | ($401.7m) | ($390.0m) | ($413.5m) | ($442.1m) | $449.1m | |
| Operating Expenses | $978.9m | $361.4m | $364.2m | $476.4m | $805.5m | $1.1b | $1.2b | $1.4b | $1.4b | $1.5b | $7.6b | |
| Total operating expenses | ($978.9m) | ($2.4b) | ($2.5b) | ($3.3b) | ($5.3b) | ($6.9b) | ($8.6b) | ($10.2b) | ($10.5b) | ($10.7b) | $7.6b | |
| Interest Expense | $18.2m | $15.6m | $60.1m | — | $228.3m | $73.8m | $146.3m | $53.1m | — | $4.1m | $45.0m | |
| Interest Expense Operating | — | — | — | — | — | — | — | — | $19.4m | $36.9m | $45.0m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $7k | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $1.1m | ($4.1m) | — | |
| Nonoperating Income (Expense) | $13.7m | $5.6m | $21.6m | $19.6m | $17.9m | $19.2m | $32.0m | $55.6m | $42.5m | $31.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $549.8m | $208.7m | $381.2m | $410.3m | $371.5m | $429.4m | $396.7m | $391.4m | $389.8m | $443.5m | $2.7b | |
| Current Income Tax Expense (Benefit) | $65.1m | $371.4m | $94.8m | $390.1m | $298.1m | $503.1m | $823.8m | $991.6m | $1.2b | $784.5m | $495.4m | |
| Profit before income tax expenses | $549.8m | $1.4b | $2.6b | $2.9b | $2.4b | $2.7b | $2.7b | $2.8b | $2.8b | $3.1b | — | |
| Income tax expenses | ($48.3m) | ($274.7m) | ($151.2m) | ($482.0m) | ($455.4m) | ($240.8m) | ($454.8m) | ($395.1m) | ($457.4m) | ($556.2m) | $495.4m | |
| Income Tax Expense (Benefit) | $48.3m | $42.2m | $22.0m | $69.2m | $69.8m | $37.8m | $65.9m | $55.6m | $62.7m | $79.5m | $495.4m | |
| Net Income (Loss) Attributable to Parent | $501.5m |
$166.5m
-66.81%
|
$359.1m
+115.75%
|
$340.8m
-5.09%
|
$302.3m
-11.30%
|
$393.7m
+30.23%
|
$328.6m
-16.54%
|
$329.7m
+0.34%
|
$326.5m
-0.97%
|
$363.6m
+11.35%
|
$2.2b
+508.17%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($60.5m) |
($305.9m)
-405.41%
|
$359.1m
+217.38%
|
$340.8m
-5.09%
|
$2.0b
+478.78%
|
$2.5b
+27.18%
|
$2.3b
-9.67%
|
$2.3b
+3.29%
|
$2.4b
+1.81%
|
$2.5b
+6.68%
|
$2.2b
-13.03%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($12k) | $55k | $240k | ($631k) | ($2.1m) | $2.2m | $6.0m | $644k | $400k | $2.2b | |
| Earnings Per Share, Basic | ($0.09) | ($2.55) | $0.24 | $0.22 | $0.20 | $0.28 | $0.23 | $0.24 | $0.25 | $0.29 | $8.90 | |
| Earnings Per Share, Diluted | ($0.09) | ($2.55) | $0.22 | $0.22 | $0.20 | $0.27 | $0.23 | $0.24 | $0.25 | $0.27 | $8.40 | |
| Weighted Average Number of Shares Outstanding, Basic | 665.0m | 779.8m | 1.5b | 1.5b | 1.5b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | 248.4m | |
| Weighted Average Shares Outstanding | 665.0m | 779.8m | 1.5b | 1.5b | 1.5b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | — | |
| Weighted Average Shares Outstanding, Diluted | 665.0m | 779.8m | 1.6b | 1.6b | 1.5b | 1.5b | 1.5b | 1.4b | 1.3b | 1.3b | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 665.0m | 779.8m | 1.6b | 1.6b | 1.5b | 1.5b | 1.5b | 1.4b | 1.3b | 1.3b | 265.2m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $50.4b | $50.7m | |
| Credit losses for quality assurance commitment | — | — | — | — | ($2.0b) | ($2.0b) | ($3.2b) | ($4.4b) | ($4.6b) | ($3.5b) | — | |
| Provision for loans receivable | — | ($46.6m) | ($192.7m) | ($299.5m) | ($463.2m) | ($374.2m) | ($415.9m) | ($586.8m) | ($320.0m) | ($637.7m) | — | |
| Provision for accounts receivable and contract assets | — | — | — | ($261.9m) | ($144.7m) | ($139.2m) | ($390.9m) | ($253.9m) | ($317.0m) | ($426.0m) | — | |
| Net profit | $501.5m | $1.1b | $2.5b | $2.4b | $2.0b | $2.5b | $2.3b | $2.4b | $2.4b | $2.5b | — | |
| Net profit attributable to non-controlling interest shareholders | — | ($76k) | $377k | $1.7m | $4.1m | $13.6m | ($14.9m) | ($42.6m) | ($4.7m) | ($2.8m) | — | |
| Net profit attributable to FinVolution Group’s ordinary shareholders | $501.5m | $1.1b | $2.5b | $2.4b | $2.0b | $2.5b | $2.3b | $2.3b | $2.4b | $2.5b | — | |
| Foreign currency translation adjustment, net of nil tax | ($60.5m) | $99.9m | $43.3m | $12.1m | ($75.5m) | ($11.6m) | $69.0m | $27.8m | $12.6m | ($79.6m) | — | |
| Total comprehensive income | $441.0m | $1.2b | $2.5b | $2.4b | $1.9b | $2.5b | $2.4b | $2.4b | $2.4b | $2.5b | — | |
| Total comprehensive income attributable to non-controlling interest shareholders | — | ($76k) | $377k | $1.7m | $4.1m | $13.6m | ($14.9m) | ($42.6m) | ($4.7m) | ($2.8m) | — | |
| Total comprehensive income attributable to FinVolution Group’s ordinary shareholders | $441.0m | $1.2b | $2.5b | $2.4b | $1.9b | $2.5b | $2.3b | $2.4b | $2.4b | $2.5b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.