QUNABOX GROUP (00917) Issues Profit Alert, Expects 2025 Net Profit Between RMB 270 Million and RMB 330 Million, Turning Around from a Loss

Stock News01-16

QUNABOX GROUP (00917) has announced that the Group anticipates achieving a turnaround to profitability for the fiscal year ending December 31, 2025, with an expected net profit ranging from RMB 270 million to RMB 330 million. This contrasts sharply with the net loss of RMB 1.663 billion recorded for the year ended December 31, 2024. The return to profitability is primarily attributed to several key factors: the Group has consistently increased its long-term investment in research and development, particularly building a deep and solid foundation of technological expertise in AI applications and intelligent interaction, which has driven the continuous enhancement of its terminal AI interactive marketing capabilities. Concurrently, the mature application of these related technological capabilities has effectively optimized operational efficiency and delivery capacity, gradually translating into an expansion of business scale, thereby supporting 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 resulting from the conversion of the Group's convertible redeemable preferred shares into ordinary shares, whereas no such fair value loss is present in the current year.

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