VNET Group, Inc.

VNET · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$8,259,069$7,412,930$7,065,232$6,189,801
% Growth11.4%4.9%14.1%
Cost of Goods Sold$6,426,914$6,120,445$5,706,976$4,751,771
Gross Profit$1,832,155$1,292,485$1,358,256$1,438,030
% Margin22.2%17.4%19.2%23.2%
R&D Expenses$246,612$322,220$306,842$188,489
G&A Expenses$659,030$541,850$642,945$842,354
SG&A Expenses$922,786$808,057$954,862$1,097,754
Sales & Mktg Exp.$263,756$266,207$311,917$255,400
Other Operating Expenses-$6,686$2,133,109-$24,604$130,473
Operating Expenses$1,162,712$3,263,386$1,237,100$1,416,716
Operating Income$669,443-$1,970,901$121,156$21,314
% Margin8.1%-26.6%1.7%0.3%
Other Income/Exp. Net-$186,791-$511,894-$751,611$605,194
Pre-Tax Income$482,652-$2,482,795-$630,455$626,508
Tax Expense$234,229$114,374$133,464$111,407
Net Income$183,200-$2,643,836-$775,952$500,098
% Margin2.2%-35.7%-11%8.1%
EPS0.66-17.58-5.163.42
% Growth103.8%-240.7%-250.9%
EPS Diluted0.66-17.58-5.163.3
Weighted Avg Shares Out265,599150,191147,803144,226
Weighted Avg Shares Out Dil290,391150,191147,803151,932
Supplemental Information
Interest Income$27,958$41,802$31,574$31,897
Interest Expense$400,975$312,172$273,305$334,950
Depreciation & Amortization$1,546,021$1,807,339$1,595,942$1,267,578
EBITDA$2,215,464-$366,563$1,238,792$2,267,702
% Margin26.8%-4.9%17.5%36.6%