Resale Of Automotive Electronic Components was Token Cat’s largest product and service line in fiscal 2025, bringing in $5.77M of $5.92M (98%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Auto Shows | $53.96M | $111.35M | $2.82M | — |
| Online Marketing | $50.76M | $23.41M | $1.13M | — |
| Referral Service For Commercial Bank | $44.20M | $2.57M | — | — |
| Social Crm Cloud Services | $11.76M | $8.28M | $1.24M | — |
| Referral Service For Distribution Platform | $9.68M | $9.46M | $1.05M | — |
| Resale Of Automotive Electronic Components | — | — | — | $5.77M |
| Others | $11.21M | $4.13M | $478.00K | — |
| Special Promotion Events | $1.61M | $3.17M | $31.00K | — |
| Advertising Business | — | — | — | $148.00K |
| Total | $183.19M | $162.37M | $6.74M | $5.92M |
Token Cat brought in $5.92M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $9.56M it reports by concentration risk type, so these lines do not cover all of its revenue. Resale Of Automotive Electronic Components was the largest at $5.77M (97.5%), ahead of Advertising Business at $148.00K (2.5%).
Token Cat began breaking out Resale Of Automotive Electronic Components in fiscal 2025 and Advertising Business in fiscal 2025. Token Cat stopped reporting Auto Shows ($2.82M in fiscal 2024), Referral Service For Commercial Bank ($2.57M in fiscal 2023), Social Crm Cloud Services ($1.24M in fiscal 2024) and four others as separate lines.
Third-Party Customers was Token Cat’s largest revenue line in fiscal 2025, bringing in $5.77M of $9.56M (60%).
| Concentration Risk Type | FY 2025 |
|---|---|
| Third-Party Customers | $5.77M |
| Customer B | $1.97M |
| Customer C | $1.01M |
| Customer D | $809.00K |
| Total | $9.56M |
Token Cat brought in $9.56M from its four revenue lines in fiscal 2025, the year ended December 31, 2025. Third-Party Customers was the largest at $5.77M (60.4%), ahead of Customer B at $1.97M (20.6%) and Customer C at $1.01M (10.6%). The remaining revenue line, Customer D, brought in $809.00K.
Auto Shows was Token Cat’s largest segment in fiscal 2021, bringing in $242.86M of $357.55M (68%).
| Subsegments (2) | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|
| Auto Shows | $603.41M | — | $242.86M |
| Referral Service For Commercial Bank | — | $18.69M | $67.01M |
| Referral Service | $156.00K | — | — |
| Others | — | $25.19M | $29.20M |
| Online Marketing | — | — | $14.49M |
| Online Marketing Services & Others | $21.44M | — | — |
| Special Promotion Events | $19.77M | $4.85M | $3.99M |
| Total | $644.77M | $48.74M | $357.55M |
Token Cat brought in $357.55M from its five segments in fiscal 2021, the year ended December 31, 2021. Token Cat regrouped these segments after fiscal 2020, so the total does not compare directly with that year's $48.74M. Auto Shows was the largest at $242.86M (67.9%), ahead of Referral Service For Commercial Bank at $67.01M (18.7%) and Others at $29.20M (8.2%). The other two segments brought in $18.48M combined.
Compared with fiscal 2020, Referral Service For Commercial Bank grew 258.5% to $67.01M and Others grew 15.9% to $29.20M.
Token Cat began breaking out Referral Service For Commercial Bank in fiscal 2020, Others in fiscal 2020 and Online Marketing in fiscal 2021. Token Cat stopped reporting Online Marketing Services & Others ($21.44M in fiscal 2019) and Referral Service ($156.00K in fiscal 2019) as separate segments.
Token Cat (TC) reports its revenue by product and service, by concentration risk type and by subsegments (2). In fiscal 2025, Resale Of Automotive Electronic Components was its largest product and service line, bringing in $5.77M (97.5% of the total), followed by Advertising Business at $148.00K (2.5%).
Resale Of Automotive Electronic Components was Token Cat's largest product and service line in fiscal 2025, bringing in $5.77M, or 97.5% of the $5.92M total across its two product and service lines.
Third-Party Customers was Token Cat's largest revenue line in fiscal 2025, bringing in $5.77M, or 60.4% of the $9.56M total across its four revenue lines.
Auto Shows was Token Cat's largest segment in fiscal 2021, bringing in $242.86M, or 67.9% of the $357.55M total across its five segments.
Every figure comes from Token Cat's annual financial filings, as reported. Each line keeps the name Token Cat gives it, and years follow its fiscal calendar.
Token Cat's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.