Token Cat Limited TC

Annual Quarterly

FY2025 · ended Dec 31, 2025 · Revenue $847,000, -87.4% YoY · Filed May 8, 2026

Token Cat Limited (TC) files with the SEC under industry code 7389, Services-Business Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $847,000 and net income of $323,000.

Revenue
$847,000
-87.4% vs prior year
Net income
$323,000
+101.3% vs prior year
Operating cash flow
$-25.22M
-430.4% vs prior year
Free cash flow
$-4.76M
+70.1% vs prior year
EPS
$-0.05
Dividend per share
None
Shares outstanding
—
Net cash
$-5.21M
FY 2024
Operating margin
-582.2%
FY 2025

Company profile

Industry
Services-Business Services, NEC (SIC 7389)
Listed as
TC (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Beijing, China
SEC filer status
Non-accelerated filer
SEC CIK
1743340
Former names
TuanChe Ltd (until Feb 21, 2025)

Other Services-Business Services, NEC companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

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
Revenue
$847,000
$6.7M
$22.9M
$26.6M
$56.1M
Operating income
-$4.9M
-$12.3M
-$17.0M
-$17.3M
-$17.4M
Net income
$323,000
-$25.8M
-$11.7M
-$24.1M
-$16.0M
Diluted EPS
—
-$0.05
—
—
—
Operating cash flow
-$25.2M
-$4.8M
-$10.6M
-$15.9M
-$14.5M
Free cash flow
—
-$4.8M
—
-$15.9M
-$14.6M
Total assets
$24.7M
$6.0M
$16.8M
$34.1M
$55.4M
Total liabilities
$5.8M
$25.3M
$14.1M
$20.7M
$25.1M
Stockholders' equity
$18.9M
-$19.3M
$2.7M
$13.5M
$30.3M
Cash and investments
$140,000
$1.4M
$1.2M
$9.6M
$9.2M
Total debt
—
$6.6M
$4.1M
$2.5M
$1.7M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Oct 15, 2026 Jun 30, 2026
6-K Current report (foreign issuer) Aug 28, 2026 Aug 28, 2026
20-F Annual report (foreign issuer) May 8, 2026 Dec 31, 2025
6-K Current report (foreign issuer) Feb 27, 2026 Feb 27, 2026
6-K Current report (foreign issuer) Feb 13, 2026 Feb 12, 2026
6-K Current report (foreign issuer) Feb 6, 2026 Feb 6, 2026

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