Value20202021202220232024TTMSelling/general/admin expenses56.28 M68.75 M19.59 M16.19 M7.71 M—Research & development——————Operating income75.82 M333.74 M51.31 M18.24 M-7.14 M-244.76 MNon-Operating Income, Total6.88 M2.35 M3.34 M3.28 M-83 K—Interest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses6.88 M2.35 M3.34 M3.28 M-83 K—Unusual income/expense——————Pretax income77.41 M338.69 M46.59 M2.53 M9.34 M-244.76 MEquity in earnings98 K4 0000112 K-66 K—Taxes439 K703 K171 K875 K873 K—Non-controlling/minority interest2.98 M26.12 M4.47 M2.49 M1 M—After tax other income/expense———166 K4.09 M—Net income before discontinued operations77.85 M-339.4 M42.29 M-686 K10.57 M-244.76 MDiscontinued operations————-616 K—Net income77.85 M-339.4 M42.29 M-686 K9.96 M-244.76 MDilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders77.85 M-339.4 M42.29 M-686 K9.96 M-244.76 MBasic earnings per share (Basic EPS)-276-871.68-5.52-1.27-7.97—Diluted earnings per share (Diluted EPS)-276-944.28-5.52-8.99-7.97-734.89Average basic shares outstanding271.42 K359.42 K367.29 K540.84 K1.17 M2.44 MDiluted shares outstanding271.42 K359.42 K367.29 K540.84 K1.17 M2.44 MEBITDA-47.44 M-88 M-38.99 M-15.09 M-5.76 M—EBIT-59.14 M-99.25 M-45.17 M-17.42 M-7.04 M—Cost of revenue148.36 M177.96 M106.56 M64.06 M23.91 M—Other cost of goods sold——————Depreciation & amortization (cash flow)11.7 M11.25 M6.18 M2.33 M1.28 M2.43 M
Ucommune International Ltd
Ucommune International Ltd., formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed its D round of financing, securing a valuation of 2.4 billion US dollars. In February 2019, it was reported that the company was seeking to list on the NASDAQ at a valuation of $3 billion.
Ucommune has over 300 employees and 400,000 square meters of office space in 160 locations. The company provides community services to its 5,000 member companies and 609,000 individual members worldwide.
Ucommune provides a modern co-working environment digitally and Internet-of-Things- enabled smart co-working experience for its tenants. Founder Mao Daqing views co-working as an way to take advantage of unused space and give opportunities to young entrepreneurs.