111, INC. - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.
Related Topics: SEC Topic List.
Data Source: SEC.

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111, INC. - Annual Income Statement (In Millions of USD, Except Per Share Amounts)
Breakdown 2024-12-31 2023-12-31 2022-12-31
Net revenues 14401.249 14948.129 13516.698
Cost of products sold 1859.359 14099.151 12676.722
Fulfillment expenses 381.035 400.538 401.414
Selling and marketing expenses 313.897 448.387 457.88
General and administrative expenses 9.714 224.202 205.623
Technology expenses 9.54 124.341 139.504
Other operating income (expenses), net 1.145 -1.607 -6.556
Total operating costs and expenses 14399.135 15298.226 13887.699
(Loss) Income from operations 0.289 -350.097 -371.001
Interest income 0.965 8.834 8.118
Interest expense 3.881 20.141 13.443
Foreign exchange gain (loss) -0.909 0.61 -7.875
Other income (loss), net -0.595 7.612 8.132
Loss before income taxes -2.834 -353.182 -376.069
Income tax expense 0.013 0.251 0
Net loss -20.776 -353.433 -376.069
Net loss attributable to non-controlling interest -1.151 -16.829 -15.281
Net loss attributable to redeemable non-controlling interest -0.273 -30.852 -32.329
Adjustment attributable to redeemable non-controlling interest 7.447 86.941 88.419
Net loss attributable to ordinary shareholders -8.87 -392.693 -416.878
Unrealized gains of available-for-sale securities 1.074 4.343 4.81
Realized gains of available-for-sale securities 1.217 4.166 4.464
Foreign currency translation adjustments 1.986 -3.249 15.869
Comprehensive loss -8.617 -395.765 -400.663
Basic Earnings Per Share -0.38 -2.33 -2.5
Diluted Earnings Per Share -0.05 -2.33 -2.5
Basic Weighted Average Shares Outstanding 171.835632 168.609128 166.634121
Diluted Weighted Average Shares Outstanding 171.835632 168.609128 166.634121
Other comprehensive income (loss), net of tax 0 0 0