VNET Group, Inc.

VNET · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$8,259$7,413$7,065$6,190
% Growth11.4%4.9%14.1%
Cost of Goods Sold$6,427$6,120$5,707$4,752
Gross Profit$1,832$1,292$1,358$1,438
% Margin22.2%17.4%19.2%23.2%
R&D Expenses$247$322$307$188
G&A Expenses$659$542$643$842
SG&A Expenses$923$808$955$1,098
Sales & Mktg Exp.$264$266$312$255
Other Operating Expenses-$7$2,133-$25$130
Operating Expenses$1,163$3,263$1,237$1,417
Operating Income$669-$1,971$121$21
% Margin8.1%-26.6%1.7%0.3%
Other Income/Exp. Net-$187-$512-$752$605
Pre-Tax Income$483-$2,483-$630$627
Tax Expense$234$114$133$111
Net Income$183-$2,644-$776$500
% 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 Out266150148144
Weighted Avg Shares Out Dil290150148152
Supplemental Information
Interest Income$28$42$32$32
Interest Expense$401$312$273$335
Depreciation & Amortization$1,546$1,807$1,596$1,268
EBITDA$2,215-$367$1,239$2,268
% Margin26.8%-4.9%17.5%36.6%