EX-99.3 4 tc-20230630xex99d3.htm EXHIBIT 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,

2022

2023

    

RMB

    

RMB

    

US$

Net loss

(56,166)

(30,698)

(4,235)

Add:

Depreciation and amortization

3,673

Subtract:

Interest income, net

29

69

9

EBITDA

(52,522)

(30,767)

(4,244)

Add:

Share-based compensation expenses

6,148

4,007

553

Change in fair value of warrant liability

(11,551)

(1,593)

Impairment of long-lived assets

15,614

1,515

209

Adjusted EBITDA

(30,760)

(36,796)

(5,075)

Net loss

(56,166)

(30,698)

(4,235)

Add:

Share-based compensation expenses

6,148

4,007

553

Change in fair value of warrant liability

(11,551)

(1,593)

Impairment of long-lived assets

15,614

1,515

209

Adjusted net loss

(34,404)

(36,727)

(5,066)

Adjusted net loss attributable to TuanChe Limited’s shareholders

(34,404)

(36,727)

(5,066)

Weighted average number of ordinary shares

Basic and diluted

309,041,616

399,544,700

399,544,700

Adjusted net loss per share from operations

Basic and diluted

(0.11)

(0.09)

(0.01)