Tuya made a net profit of USD -175 mil with revenues of USD 302 mil in 2021, down by 162% and up by 67.9%, respectively, compared to the previous year.
This translates into a net margin of -58.1%. Historically, between 2019 and 2021, the firm’s net margin reached a high of -37.2% in 2020 and a low of -66.6% in 2019. The average net margin in the last five years amounted to -54.0%.
On the operating level, the EBITDA margin reached -59.7% and EBIT amounted to -60.8% of sales in 2021.
You can see all the company’s data at Tuya profile, or you can download a report on the company in the report section.
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