QUNABOX GROUP Issues Profit Alert, Expects 2025 Net Profit Between RMB 270-330 Million, Turning Loss into Profit Year-on-Year

Deep News
01/18

QUNABOX GROUP (00917) announced that the Group anticipates achieving a turnaround from loss to profit for the fiscal year ending December 31, 2025 (the current year), with a net profit expected to be between RMB 270 million and RMB 330 million. This contrasts with a net loss of RMB 1.663 billion recorded for the fiscal year ended December 31, 2024.

The turnaround to profitability is primarily attributable to several key factors: the Group has persistently increased its long-term investment in research and development, particularly establishing a profound and solid technological foundation in AI applications and intelligent interaction fields. This has driven the continuous enhancement of its terminal AI interactive marketing capabilities.

Concurrently, the mature application of relevant technological capabilities has effectively optimized operational efficiency and delivery capacity, gradually translating into an expansion of business scale. This, in turn, has supported the steady growth in revenue and profit for the current year.

Furthermore, the fiscal year ended December 31, 2024, included a non-cash, one-time fair value loss of RMB 1.899 billion arising from the conversion of the Group's convertible redeemable preferred shares into ordinary shares. No such fair value loss is present in the current year.

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