Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data 36Kr Holdings Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2020
Revenue
94.2
59.3
Cost of revenue
54.6
40.1
Gross profit
39.5
19.2
Research and development
5.14
5.86
Selling and marketing
18.9
21.6
General and administrative
18.8
32.6
Operating expenses
42.8
60.2
Operating income
-3.28
-41
Other non-operating income
0.18
0.5
Pre-tax income
-0.86
-42.2
Income tax
2.86
0.58
Net income to minority interests
-0.02
-0.14
Net income
-3.72
-42.8
EBITDA
-2.68
-40.1
EPS, basic
-0.33
-0.04
EPS, diluted
-0.33
-0.04
Shares, basic (weighted)
368
1,019
Shares, diluted (weighted)
368
1,019
Balance sheet
FY2019
FY2020
Cash and equivalents
25.5
9.33
Short-term investments
12.4
22.7
Receivables
77.4
46.7
Other current assets
6.01
2.5
Total current assets
122
81.3
Property, plant and equipment
2.29
0.6
Lease right-of-use assets
4.19
Intangible assets
0.05
0.07
Total assets
131
88.7
Accounts payable
20
9.91
Accrued liabilities
7.29
6.99
Deferred revenue
1.17
2.89
Total current liabilities
38.3
27.1
Lease liabilities
1.9
Total liabilities
38.3
29.1
Paid-in capital
287
313
Retained earnings
-195
-251
Treasury stock
-0.33
-2.16
Other comprehensive income
-0.44
-1.21
Shareholders' equity
91.5
58.4
Minority interests
0.97
1.25
Total equity
92.5
59.6
Total liabilities and equity
131
88.7
Shares outstanding
0
Cash flow statement
FY2019
FY2020
Net income
-3.72
-42.8
Depreciation and amortization
0.6
0.85
Stock-based compensation
13.1
6.02
Deferred income tax
-0.44
0.52
Change in receivables
-52.5
16.6
Change in payables
17.1
-11.3
Cash from operations
-22.8
-2.63
Capital expenditures
-0.67
-0.34
Acquisitions
-0.07
Purchases of investments
-117
-94.1
Cash from investing
1.42
-9.85
Stock issued
0
Share buybacks
-0.34
-1.8
Cash from financing
40
-5.03
Exchange rate effect
-0.05
-0.43
Net change in cash
18.5
-17.9
Free cash flow
-23.5
-2.96
Interest paid
0.01
Income taxes paid
2.52
2.08
Key metrics
Worked out from the statements above. Latest values use fiscal 2020. Valuation uses the share price of $3.06 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
32.4%
Gross profit / revenue.
Operating margin
-69.1%
Operating income / revenue.
EBITDA margin
-67.7%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-71.3%
Pre-tax income / revenue.
Net margin
-72.2%
Net income / revenue.
FCF margin
-5.0%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-4.4%
Cash from operations / revenue.
Return on equity (ROE)
-57.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-39.0%
Net income / average total assets.
Return on invested capital (ROIC)
-56.2%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
9.9%
Research and development expense / revenue.
Stock-based pay / revenue
10.2%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.6%
Capital expenditures / revenue.
D&A / revenue
1.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-37.1%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-51.4%
Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-36.2%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-32.2%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
176.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
2.99x
Current assets / current liabilities.
Quick ratio
2.90x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.18x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.04
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.06
Revenue / diluted weighted shares.
FCF per share
-$0.00
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
$0.06
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.10x
Market cap / revenue.
P/B
0.10x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.10x
Market cap / tangible book value, when positive.
FCF yield
-49.0%
Free cash flow / market cap.
Earnings yield
-708.8%
Net income / market cap (the inverse of P/E).
Shareholder yield
29.8%
(Dividends paid + share buybacks) / market cap.
What was 36Kr Holdings Inc.'s revenue in fiscal 2020?
36Kr Holdings Inc. reported revenue of $59.3M for fiscal 2020, 37.1% lower than the year before.
Was 36Kr Holdings Inc. profitable in fiscal 2020?
No. It reported a net loss of $42.8M.
How much free cash flow did 36Kr Holdings Inc. generate in fiscal 2020?
Cash from operations of $2.6M minus capital expenditures of $335.0K left free cash flow of -$3.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.