Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Ucommune International Ltd 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
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
134
166
95.8
64.8
23.9
3.74
Cost of revenue
148
178
107
64.1
23.9
3.84
Gross profit
-13.9
-12
-10.8
0.71
0.02
-0.11
Selling and marketing
7.21
9.68
3.93
1.94
0.58
0.1
General and administrative
49.1
59.1
15.7
14.2
7.13
5.24
Operating income
-75.8
-334
-51.3
-18.2
-7.15
-5.81
Pre-tax income
-77.3
-339
-46.6
-2.42
-9.4
-5.22
Income tax
0.44
0.7
0.17
0.88
0.87
0.01
Income from continuing operations
-9.34
-5.22
Net income to minority interests
-2.98
-26.1
-4.47
-2.49
-1
-0.01
Net income
-77.8
-339
-42.3
-0.69
-11
-5.61
EBITDA
-64.1
-322
-45.1
-15.9
-5.86
-5.35
EPS, basic
-1.15
-72.64
-9.59
-1.27
-7.97
-0.07
EPS, diluted
-1.15
-72.64
-9.59
-1.27
-7.97
-0.07
Shares, basic (weighted)
3.26
0.36
0.37
0.54
1.17
2.7
Shares, diluted (weighted)
3.26
0.36
0.37
0.54
1.17
2.7
Balance sheet
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
53.3
26
7.72
7.65
12.4
5.16
Short-term investments
2.41
Receivables
12.1
2.95
1.4
Other current assets
25
23.2
11.4
12
3.23
2.39
Total current assets
118
90.6
52.9
41.5
19.9
8.95
Property, plant and equipment
53.8
36.4
19
7.68
8.21
6.87
Lease right-of-use assets
135
107
46.3
20.1
12.3
10.4
Goodwill
235
6.75
Intangible assets
4.36
2.61
0.56
0.4
Long-term investments
1.39
3.49
3.22
6.42
2.59
2.7
Other non-current assets
29.8
30.5
15.3
5.63
Total assets
604
294
151
82.6
43.5
29
Accounts payable
41.7
41.3
40.6
28.5
2.92
1.48
Deferred revenue
2.27
3.75
1.7
1.08
0.24
0.1
Short-term debt
0.55
2.38
0.65
Total current liabilities
175
162
114
60.9
20.2
8.34
Lease liabilities
89
0.1
0.06
9.95
2.87
1.92
Total liabilities
269
235
139
72.9
23.8
10.6
Total debt
0.55
2.38
0.65
Paid-in capital
648
717
660
644
641
678
Retained earnings
-343
-665
-657
-640
-632
-663
Other comprehensive income
0.73
0.17
3.52
3.21
4.14
3.18
Shareholders' equity
307
52.8
7.43
8.73
13.8
18.3
Minority interests
28.4
6.46
3.79
1.06
5.79
-0.17
Total equity
335
59.3
11.2
9.79
19.6
18.2
Total liabilities and equity
604
294
151
82.6
43.5
29
Cash flow statement
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-77.8
-339
-46.8
-3.18
-11
-5.61
Depreciation and amortization
11.7
11.3
6.18
2.33
1.28
0.46
Stock-based compensation
3.62
1.55
2.15
Deferred income tax
-0.14
-0.23
-0.05
-0
Change in receivables
-7.28
-1.59
-11.7
13.4
2.09
0.18
Change in payables
6.22
0.97
-2.37
1.03
-0.11
Cash from operations
-4.24
-31.2
-25.5
2.39
0.53
-1.98
Capital expenditures
-14.6
-6.71
-2.94
-1.91
-0.68
-1.04
Purchases of investments
-3.83
-2.99
Sales and maturities of investments
2.79
Cash from investing
-6.02
-9.27
4.15
2.35
1.56
0.84
Stock issued
0.01
Cash from financing
44.4
12.4
-2.16
-4.34
2.48
2.42
Exchange rate effect
-2.79
-0.78
-0.16
-0.13
0.98
-1.16
Net change in cash
31.3
-28.9
-23.7
0.29
5.55
0.12
Free cash flow
-18.9
-38
-28.4
0.49
-0.15
-3.02
Interest paid
3.01
1.75
1.36
0.59
0.22
Income taxes paid
0.52
0.45
0.1
0.01
0.01
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.10 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-2.9%
Gross profit / revenue.
Operating margin
-155.5%
Operating income / revenue.
EBITDA margin
-143.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-139.7%
Pre-tax income / revenue.
Net margin
-150.3%
Net income / revenue.
FCF margin
-80.8%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-53.1%
Cash from operations / revenue.
Return on equity (ROE)
-34.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-15.5%
Net income / average total assets.
Return on invested capital (ROIC)
-62.7%
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%.
Stock-based pay / revenue
57.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
27.7%
Capital expenditures / revenue.
D&A / revenue
12.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-84.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-66.1%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-51.2%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
-729.4%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-474.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
32.5%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
35.1%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
-43.1%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-33.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-42.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-45.5%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
130.2%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
94.4%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
-3.7%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.07x
Current assets / current liabilities.
Quick ratio
0.79x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.62x
(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
-$0.07
Net income per basic share, as reported (split-adjusted).
Revenue per share
$1.38
Revenue / diluted weighted shares.
FCF per share
-$1.12
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.73
Cash from operations / diluted weighted shares.
Book value per share
$6.80
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.38x
Market cap / revenue.
P/B
0.08x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.08x
Market cap / tangible book value, when positive.
FCF yield
-212.0%
Free cash flow / market cap.
Earnings yield
-394.3%
Net income / market cap (the inverse of P/E).
What was Ucommune International Ltd's revenue in fiscal 2025?
Ucommune International Ltd reported revenue of $3.7M for fiscal 2025, 84.4% lower than the year before.
Was Ucommune International Ltd profitable in fiscal 2025?
No. It reported a net loss of $5.6M.
How much free cash flow did Ucommune International Ltd generate in fiscal 2025?
Cash from operations of $2.0M minus capital expenditures of $1.0M 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.