Tuya Inc.'s stock surged 5.32% during intraday trading on Tuesday, following the release of its robust financial results for the full year 2025 and the declaration of a cash dividend.
The company reported a dramatic increase in net profit, which soared over 1000% year-over-year to $57.89 million for fiscal 2025. Total revenue grew 7.8% to $321.8 million, with gross margin improving to 48.2%. The board approved a cash dividend of $0.0605 per ordinary share or ADS, representing an aggregate distribution of approximately $37 million, to be paid from the company's strong cash position which totaled $1.02 billion at year-end.
Management highlighted the company's strategic progress in its AI+IoT platform, noting that registered AI developers on its platform exceeded 1.8 million by the end of 2025, a 37% increase from the prior year. The significant improvement in profitability and the shareholder-friendly dividend announcement are seen as key drivers behind the positive market reaction.
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