Hong Kong · Delayed Price · Currency is HKD Weimob Earnings Call Transcripts
Fiscal Year 2025
-
Revenue grew 80.9% to RMB 1.592 billion in 2025, with AI-related revenue reaching RMB 160 million and adjusted net profit turning positive. Strategic focus on AI and international expansion is expected to drive further growth in 2026.
-
First-half adjusted net profit reached CNY 17 million, with revenue stabilizing after a challenging 2024. AI-related revenue grew to CNY 34 million, and merchant solution gross margin hit 91%. Outlook is positive, with further AI commercialization and international expansion planned.
Fiscal Year 2024
-
2024 saw a sharp revenue decline due to one-off rebate adjustments and strategic contraction, but core SaaS and smart retail segments stabilized. AI commercialization and improved cost structure are set to drive recovery, with positive free cash flow and margin expansion expected in 2025.
-
Revenue fell 28% year-over-year due to macro headwinds and strategic refocus, but losses narrowed sharply and cash flow turned positive. Core retail and corporate services segments grew, while new AI products and international expansion, especially in North America, are set to drive future growth.