EX-99.3 4 tc-20240830xex99d3.htm EX-99.3

Exhibit 99.3

TUANCHE LIMITED

RECONCILIATION OF NON-GAAP AND GAAP RESULTS

(Amount in thousands, except share and per share data)

    

For the six months ended June 30,

2023

    

2024

RMB

RMB

    

US$

Net loss

 

(30,698)

 

(40,675)

 

(5,596)

Add:

 

  

 

  

 

  

Depreciation and amortization

 

 

 

Subtract:

 

  

 

  

 

  

Interest income, net

 

69

 

(442)

 

(61)

EBITDA

 

(30,767)

 

(40,233)

 

(5,535)

Add:

 

  

 

  

 

  

Share-based compensation expenses

 

4,007

 

15,505

 

2,133

Change in fair value of warrant liability

 

(11,551)

 

(2,338)

 

(322)

Impairment of long-lived assets

 

1,515

 

300

 

41

Adjusted EBITDA

 

(36,796)

 

(26,766)

 

(3,683)

Net loss

 

(30,698)

 

(40,675)

 

(5,596)

Add:

 

  

 

  

 

  

Share-based compensation expenses

 

4,007

 

15,505

 

2,133

Change in fair value of warrant liability

 

(11,551)

 

(2,338)

 

(322)

Impairment of long-lived assets

 

1,515

 

300

 

41

Adjusted net loss

 

(36,727)

 

(27,208)

 

(3,744)

Adjusted net loss attributable to TuanChe Limited’s shareholders

 

(36,727)

 

(27,208)

 

(3,744)

Weighted average number of ordinary shares

 

  

 

  

 

  

Basic and diluted

 

399,544,700

 

421,273,519

 

421,273,519

Adjusted net loss per share from operations

 

  

 

  

 

  

Basic and diluted

 

(0.09)

 

(0.06)

 

(0.01)