Saturday 17 October 2026
Export TC’s income statement to Excel — free account
Token Cat Limited - Sponsored ADR
TC Communication Services Advertising Agencies
Token Cat Limited - Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $847,000.00, down 87.4% from fiscal 2024.
1.47
0.08
+5.76%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | 7,692.00 | 1,620.00 | 783.00 | 510.00 | 213.00 | 60.00 | 15.00 | 6.50 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | 9,516.00 | 9,360.00 | 2,280.00 | 1,395.00 | 3,222.00 | 324.00 | 86.00 | 39.00 | |||||
| People | |||||||||||||||
| People | Employees | — | — | 833 | 799 | 769 | 621 | 431 | 324 | 116 | 23 | ||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.11 | 0.12 | 0.07 | 0.09 | 0.06 | 0.07 | 0.06 | 0.04 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 18 | 42 | 95 | 93 | 51 | 56 | 27 | 23 | 7 | 1 | ||||
| Gross margin, % | 84.88 | 69.45 | 71.83 | 71.07 | 73.11 | 76.15 | 66.05 | 57.54 | 68.28 | 2.83 | |||||
| EBT | (12) | (11) | (11) | (36) | (25) | (16) | (24) | (12) | (26) | 6 | |||||
| EBT margin, % | (69.46) | (26.97) | (11.53) | (38.97) | (49.82) | (28.51) | (89.30) | (51.11) | (382.31) | 717.95 | |||||
| Net income | (12) | 0 | (11) | (36) | (25) | (16) | (23) | (12) | (26) | 6 | |||||
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 11 | — | 6 | — | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.90 | 1.65 | 3,727.80 | 1,505.95 | 796.99 | 878.06 | 398.80 | 269.67 | 62.15 | 7.14 | ||||
| Earnings | (0.05) | (0.05) | (599.70) | (575.71) | (383.81) | (239.88) | (335.83) | (144.00) | (240.00) | 2.69 | |||||
| Cash flow | (0.41) | (0.35) | (305.35) | (377.90) | (214.46) | (226.54) | (238.75) | (124.41) | (43.87) | (212.65) | |||||
| Capex | 0.00 | 0.00 | (118.50) | (30.91) | (4.94) | (2.38) | (0.47) | 0.00 | (0.03) | 0.00 | |||||
| Free cash flow | (0.41) | (0.35) | (423.86) | (408.81) | (219.40) | (228.92) | (239.22) | (124.41) | (43.89) | (212.65) | |||||
| Book value | (0.46) | (0.39) | 3,447.05 | 987.92 | 692.80 | 474.76 | 220.17 | 32.37 | (177.95) | 159.49 | |||||
| Shares, m | 20 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 0.00 | 0.00 | 0.00 | 1.14 | 1.26 | 0.97 | 0.33 | 0.07 | 0.03 | 0.01 | |||||
| P/B | 0.00 | 0.00 | 0.00 | 1.74 | 1.45 | 1.79 | 0.86 | 0.44 | 0.00 | 0.10 | |||||
| EV/Sales | 0.00 | 0.00 | 0.00 | 0.73 | 0.71 | 0.70 | 0.23 | 0.01 | 0.03 | 0.02 | |||||
| EV/FCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.20) | (0.01) | (0.06) | (0.03) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (8) | (9) | (8) | (23) | (14) | (14) | (16) | (11) | (5) | (25) | ||||
| Capex | — | — | (3) | (2) | 0 | 0 | 0 | — | 0 | — | |||||
| Free cash flow | (8) | (9) | (11) | (25) | (14) | (15) | (16) | (11) | (5) | (25) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (10) | (9) | 84 | 56 | 21 | 8 | 11 | (3) | (9) | 22 | ||||
| Total debt | 9 | 14 | — | — | 1 | 0 | 0 | 0 | 1 | — | |||||
| Net debt | 5 | 2 | (84) | (38) | (28) | (15) | (11) | (2) | 0 | 0 | |||||
| Shareholders’ equity | (9) | (10) | 88 | 61 | 44 | 30 | 15 | 3 | (19) | 19 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (127.50) | 0.00 | (10.83) | (38.49) | (32.41) | (24.98) | (51.23) | (45.90) | (225.38) | 2.10 | ||||
| ROIC | 0.00 | 0.00 | (181.54) | (103.41) | (105.36) | (72.14) | (220.62) | (1,163.14) | 0.00 | (16.41) | |||||
| ROE | 30.19 | 32.02 | (13.06) | (48.55) | (47.71) | (43.05) | (101.91) | (134.27) | 311.34 | (172.73) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Dec 2021
Charts ten years each
Token Cat Limited - Sponsored ADR vs peers in Advertising Agencies (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| LKCO Luokung Technology Corp. | $5.6M | — (loss-making) | — (loss-making) | −83.62% (below 0%: shrinking) | n/m | +97.38% (above 0%: growing) | 48.33% | 0.00% | Compare |
| KRKR 36Kr Holdings Inc. Sponsored ADR | $5.5M | — (loss-making) | — (loss-making) | +3.16% (above 0%: growing) | n/m | −99.56% (below 0%: shrinking) | 55.93% | (11.53%) | Compare |
| CNET ZW Data Action Technologies Inc. | $5.1M | — (loss-making) | — | +18.98% (above 0%: growing) | n/m | −116.44% (below 0%: shrinking) | 7.21% | (58.44%) | Compare |
| YDKG Yueda Digital Holding | $4.8M | — (loss-making) | — (loss-making) | −93.87% (below 0%: shrinking) | n/m | +94.68% (above 0%: growing) | (159.11%) | 0.00% | Compare |
| CHR Cheer Holding, Inc. | $3.6M | 0.0× | — (loss-making) | +42.89% (above 0%: growing) | +7.12% (above 0%: growing) | +1.34% (above 0%: growing) | 72.56% | 43.62% | Compare |
| TC Token Cat Limited - Sponsored ADR | $2.4M | — (loss-making) | — (loss-making) | −48.54% (below 0%: shrinking) | n/m | −61.75% (below 0%: shrinking) | 76.44% | (51.72%) | |
| VSME VS MEDIA Holdings Limited | $2.2M | — | — | — | — | +51.31% (above 0%: growing) | — | — | Compare |
| HAO Haoxi Health Technology Limited | $1.3M | — | — | — | — | −895.86% (below 0%: shrinking) | — | — | Compare |
| SOPAQ Society Pass Incorporated | $980.0K | — (loss-making) | — (loss-making) | −17.63% (below 0%: shrinking) | n/m | −920.18% (below 0%: shrinking) | 64.28% | (379.93%) | Compare |
| Median of peers | $4.2M | — | — | −7.23% | — | −49.11% | 52.13% | (5.76%) |
Token Cat Limited - Sponsored ADR (TC) key facts
- Concern: Token Cat Limited - Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $847,000.00, down 87.4% from fiscal 2024.
- Token Cat Limited - Sponsored ADR (TC) is an Advertising Agencies company in the Communication Services sector, traded in the US as an ADR.
- As of October 16, 2026, TC traded at $1.47, a market capitalization of $2.4 million.
- Return on equity was −172.7% and debt-to-equity 0.30.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −10.94 (distress zone) for fiscal 2025.