J & Friends Holdings Ltd income statement JF

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, J & Friends Holdings Ltd reported revenue of $1.6 million, down 66.8% from the year before. It recorded a net loss of $1.3 million. The operating loss came to $1.3 million, an operating margin of -83.9%. Diluted earnings per share were -$0.00. Across the 8 fiscal years shown, revenue shrank from $153.1 million in fiscal 2018 to $1.6 million in fiscal 2025, about 47.9% 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 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
Revenue
2
-66.8%
5
-35.3%
7
-31.2%
11
-60.2%
27
-53.1%
58
-68.6%
185
+20.6%
153
Cost of revenue
—
2
-67.4%
5
-40.7%
9
-35.4%
14
-67.9%
44
-60.4%
111
+36.9%
81
Gross profit
1
-62.6%
3
+6543.5%
0
-97.3%
2
-86.9%
13
-7.5%
14
-80.9%
74
+2.3%
72
Research and development
—
0
+1729.4%
0
-99.3%
2
-35.1%
4
-38.0%
6
-49.4%
11
-17.8%
14
Selling, general and administrative
1
-50.0%
3
-5.0%
3
-73.0%
11
-44.5%
20
-31.3%
29
-82.4%
167
+178.8%
60
Operating income
-1
-355.8%
-0
-185.0%
0
+102.9%
-12
-5.6%
-11
+64.7%
-32
+69.7%
-105
-6998.6%
-1
Pretax income
-1
-153.8%
-0
+94.4%
-6
+79.7%
-28
-75.8%
-16
+57.7%
-38
+70.9%
-130
-11437.5%
1
Income tax
-0
-169.1%
0
+104.8%
-2
-636.3%
0
-66.0%
1
-85.7%
8
+2564.3%
0
-65.9%
1
Net income
-1
+38.4%
-2
+80.6%
-11
+59.9%
-28
-72.7%
-16
+64.6%
-45
+65.4%
-130
-41409.8%
0
Basic EPS
-0.00
+50.0%
-0.00
+80.0%
-0.02
+77.8%
-0.09
—
—
—
—
Diluted EPS
-0.00
+50.0%
-0.00
+80.0%
-0.02
+77.8%
-0.09
—
—
—
—
Weighted average shares, basic
582
+4.9%
555
+12.1%
495
+64.8%
300
—
—
—
—
Weighted average shares, diluted
582
+4.9%
555
+12.1%
495
+64.8%
300
—
—
—
—
Other measures
Depreciation and amortization
0
—
0
-66.9%
1
-58.4%
2
-16.9%
2
+32.2%
2
+158.0%
1
EBITDA
-1
—
1
+105.6%
-11
-19.0%
-9
+68.5%
-29
+71.5%
-103
-12921.3%
-1
Margins
Gross margin
71.53%
63.47%
0.62%
15.94%
48.21%
24.45%
40.11%
47.26%
Operating margin
-83.85%
-6.11%
4.65%
-109.33%
-41.18%
-54.68%
-56.68%
-0.96%
Pretax margin
-50.50%
-6.60%
-76.66%
-260.19%
-58.85%
-65.28%
-70.38%
0.75%
Profit margin
-82.85%
-44.61%
-148.50%
-255.03%
-58.72%
-77.71%
-70.49%
0.21%
EBITDA margin
-71.96%
—
8.24%
-101.87%
-34.05%
-50.66%
-55.72%
-0.52%
Effective tax rate
—
—
—
—
—
—
—
72.51%
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.

Company profile

Industry
Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as
JF (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Beijing
SEC filer status
Non-accelerated filer
SEC CIK
1716338
Former names
Pintec Technology Holdings Ltd (until Jan 15, 2026)

Other Services-Computer Programming, Data Processing, Etc. companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.