Cango Inc.

CANG · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$804,489$1,701,919$1,980,453$3,921,716
% Growth-52.7%-14.1%-49.5%
Cost of Goods Sold$359,514$1,511,863$1,830,090$2,958,010
Gross Profit$444,974$190,056$150,364$963,707
% Margin55.3%11.2%7.6%24.6%
R&D Expenses$5,467$30,114$45,959$70,278
G&A Expenses$250,164$156,966$299,545$473,930
SG&A Expenses$263,263$195,888$432,325$713,263
Sales & Mktg Exp.$13,099$38,922$132,779$239,333
Other Operating Expenses-$2,650$37,804$619,223$203,415
Operating Expenses$266,080$263,807$1,097,507$986,956
Operating Income$178,894-$73,751-$947,143-$23,250
% Margin22.2%-4.3%-47.8%-0.6%
Other Income/Exp. Net$122,243$129,334$72,632$35,558
Pre-Tax Income$301,137$55,583-$874,511$12,308
Tax Expense$1,322$93,457$236,697$20,853
Net Income$299,815-$37,873-$1,111,208-$8,544
% Margin37.3%-2.2%-56.1%-0.2%
EPS0.72-0.075-2.025-0.015
% Growth1,060%96.3%-13,675.5%
EPS Diluted0.645-0.075-2.025-0.015
Weighted Avg Shares Out464,830486,099548,170579,789
Weighted Avg Shares Out Dil466,065486,098548,170579,786
Supplemental Information
Interest Income$106,318$79,165$43,733$26,373
Interest Expense$659$4,100$16,809$14,481
Depreciation & Amortization$6,671$18,645$5,483$8,515
EBITDA$182,914$78,328-$641,797$35,304
% Margin22.7%4.6%-32.4%0.9%