Luckin Coffee Inc
OTC:LKNCY
Income Statement
Earnings Waterfall
Luckin Coffee Inc
Revenue
|
31.9B
CNY
|
Cost of Revenue
|
-21.6B
CNY
|
Gross Profit
|
10.3B
CNY
|
Operating Expenses
|
-7.7B
CNY
|
Operating Income
|
2.6B
CNY
|
Other Expenses
|
-182.4m
CNY
|
Net Income
|
2.4B
CNY
|
Income Statement
Luckin Coffee Inc
Jun-2019 | Sep-2019 | Dec-2019 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
2 094
N/A
|
3 395
+62%
|
3 025
-11%
|
3 182
+5%
|
5 533
+74%
|
7 965
+44%
|
10 370
+30%
|
10 486
+1%
|
12 031
+15%
|
13 293
+10%
|
15 325
+15%
|
18 228
+19%
|
21 533
+18%
|
24 903
+16%
|
26 745
+7%
|
28 946
+8%
|
31 927
+10%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(2 299)
|
(3 173)
|
(3 220)
|
(2 188)
|
(3 623)
|
(5 235)
|
(6 804)
|
(6 541)
|
(7 317)
|
(8 009)
|
(9 086)
|
(10 772)
|
(13 153)
|
(16 060)
|
(18 191)
|
(20 000)
|
(21 648)
|
|
Gross Profit |
(205)
N/A
|
222
N/A
|
(196)
N/A
|
995
N/A
|
1 910
+92%
|
2 730
+43%
|
3 565
+31%
|
3 945
+11%
|
4 714
+19%
|
5 284
+12%
|
6 239
+18%
|
7 456
+20%
|
8 380
+12%
|
8 843
+6%
|
8 553
-3%
|
8 946
+5%
|
10 279
+15%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(2 141)
|
(2 673)
|
(2 807)
|
(1 252)
|
(2 079)
|
(2 908)
|
(3 690)
|
(3 329)
|
(3 591)
|
(3 831)
|
(4 155)
|
(4 674)
|
(5 228)
|
(5 841)
|
(6 353)
|
(6 876)
|
(7 709)
|
|
Selling, General & Administrative |
(1 881)
|
(2 333)
|
(2 395)
|
(1 023)
|
(1 714)
|
(2 443)
|
(3 129)
|
(2 899)
|
(3 193)
|
(3 439)
|
(3 750)
|
(4 239)
|
(4 737)
|
(5 237)
|
(5 598)
|
(5 959)
|
(6 643)
|
|
Depreciation & Amortization |
(260)
|
(340)
|
(412)
|
(229)
|
(365)
|
(465)
|
(561)
|
(429)
|
(398)
|
(392)
|
(405)
|
(435)
|
(491)
|
(605)
|
(756)
|
(917)
|
(1 067)
|
|
Operating Income |
(2 346)
N/A
|
(2 451)
-4%
|
(3 003)
-22%
|
(257)
+91%
|
(169)
+34%
|
(178)
-5%
|
(125)
+30%
|
616
N/A
|
1 123
+82%
|
1 453
+29%
|
2 084
+43%
|
2 782
+33%
|
3 152
+13%
|
3 002
-5%
|
2 200
-27%
|
2 070
-6%
|
2 569
+24%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(5)
|
48
|
68
|
146
|
163
|
79
|
209
|
79
|
77
|
66
|
69
|
79
|
96
|
112
|
96
|
67
|
126
|
|
Non-Reccuring Items |
0
|
0
|
(209)
|
(155)
|
(249)
|
(516)
|
(398)
|
(486)
|
(277)
|
(453)
|
(141)
|
92
|
(118)
|
(69)
|
(10)
|
(2)
|
186
|
|
Total Other Income |
(36)
|
(30)
|
(15)
|
13
|
2
|
1 130
|
994
|
710
|
732
|
61
|
(230)
|
66
|
59
|
62
|
58
|
89
|
92
|
|
Pre-Tax Income |
(2 387)
N/A
|
(2 434)
-2%
|
(3 159)
-30%
|
(252)
+92%
|
(254)
-1%
|
515
N/A
|
680
+32%
|
919
+35%
|
1 656
+80%
|
1 127
-32%
|
1 782
+58%
|
3 019
+69%
|
3 190
+6%
|
3 107
-3%
|
2 344
-25%
|
2 224
-5%
|
2 974
+34%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
0
|
0
|
(1)
|
41
|
19
|
64
|
26
|
(116)
|
(301)
|
(639)
|
(748)
|
(872)
|
(583)
|
(259)
|
(144)
|
(151)
|
(587)
|
|
Income from Continuing Operations |
(2 387)
|
(2 434)
|
(3 161)
|
(211)
|
(235)
|
579
|
706
|
803
|
1 355
|
488
|
1 033
|
2 147
|
2 606
|
2 848
|
2 200
|
2 072
|
2 387
|
|
Income to Minority Interest |
0
|
0
|
2
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(3 718)
N/A
|
(3 765)
-1%
|
(3 713)
+1%
|
(212)
+94%
|
(235)
-11%
|
579
N/A
|
706
+22%
|
803
+14%
|
1 355
+69%
|
488
-64%
|
1 033
+112%
|
2 147
+108%
|
2 606
+21%
|
2 848
+9%
|
2 200
-23%
|
2 072
-6%
|
2 387
+15%
|
|
EPS (Diluted) |
-1.97
N/A
|
-1.95
+1%
|
-2.31
-18%
|
-0.1
+96%
|
-0.12
-20%
|
0.27
N/A
|
0.27
N/A
|
0.32
+19%
|
0.54
+69%
|
0.19
-65%
|
0.41
+116%
|
0.85
+107%
|
1.03
+21%
|
1.12
+9%
|
0.87
-22%
|
0.82
-6%
|
0.94
+15%
|