Here Group Limited income statement HERE
In fiscal 2026, which ended Jun 30, 2026, Here Group Limited reported revenue of $88.0 million, down 76.9% from the year before. Net income was $9.4 million, a profit margin of 10.6%. The operating loss came to $43.4 million, an operating margin of -49.3%. Across the 4 fiscal years shown, revenue shrank from $424.9 million in fiscal 2023 to $88.0 million in fiscal 2026, about 40.8% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Jun 30, 2025
|
FY 2024
Jun 30, 2024
|
FY 2023
Jun 30, 2023
|
|---|---|---|---|---|
| Revenue |
88
-76.9%
|
380
-27.1%
|
522
+22.9%
|
425
|
| Cost of revenue |
59
-16.3%
|
70
-7.1%
|
76
+40.3%
|
54
|
| Gross profit |
29
-90.6%
|
310
-30.5%
|
447
+20.4%
|
371
|
| Research and development |
7
-52.6%
|
14
-31.0%
|
20
-34.2%
|
30
|
| Selling, general and administrative |
48
-80.2%
|
241
-35.4%
|
373
+4.8%
|
356
|
| Operating income |
-43
-178.3%
|
55
+6.7%
|
52
+431.4%
|
-16
|
| Interest income |
2
+139.5%
|
1
-51.8%
|
1
+97.0%
|
1
|
| Other non-operating income (expense) |
2
-70.4%
|
8
+108.3%
|
4
+35.6%
|
3
|
| Pretax income |
-39
-159.9%
|
66
+14.3%
|
57
+578.3%
|
-12
|
| Income tax |
-2
-110.7%
|
16
+265.6%
|
4
+44.2%
|
3
|
| Net income |
9
-81.2%
|
50
-6.2%
|
53
+454.1%
|
-15
|
| Net income to common |
9
-81.6%
|
50
-5.6%
|
53
+393.9%
|
-18
|
| Basic EPS |
—
|
0.31
-3.1%
|
0.32
+288.2%
|
-0.17
|
| Diluted EPS |
—
|
0.30
-3.2%
|
0.31
+282.4%
|
-0.17
|
| Weighted average shares, basic |
161
+0.1%
|
161
-2.2%
|
165
+58.7%
|
104
|
| Weighted average shares, diluted |
161
+0.1%
|
161
-2.2%
|
165
+58.7%
|
104
|
| Other measures | ||||
| Depreciation and amortization |
1
+71.7%
|
1
+22.8%
|
1
+22.3%
|
1
|
| EBITDA |
-42
-174.9%
|
56
+6.9%
|
53
+446.8%
|
-15
|
| Margins | ||||
| Gross margin |
33.05%
|
81.52%
|
85.50%
|
87.29%
|
| Operating margin |
-49.33%
|
14.56%
|
9.94%
|
-3.69%
|
| Pretax margin |
-44.64%
|
17.23%
|
10.98%
|
-2.82%
|
| Profit margin |
10.64%
|
13.08%
|
10.16%
|
-3.53%
|
| EBITDA margin |
-47.83%
|
14.76%
|
10.06%
|
-3.57%
|
| Effective tax rate |
—
|
24.05%
|
7.52%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Retail-Hobby, Toy & Game Shops (SIC 5945)
- Listed as
- HERE (Nasdaq)
- Fiscal year ends
- June 30
- Incorporated in
- Cayman Islands
- Headquarters
- Hong Kong
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1932770
- Former names
- QuantaSing Group Ltd (until Nov 10, 2025)
Source: SEC EDGAR filings. This is company-reported data, not investment advice.