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U-BX Technology | 20-F: FY2024 Annual Report

U-BX Technology | 20-F: FY2024 Annual Report

有家保险 | 20-F:2024财年年报
美股SEC公告 ·  2024/10/31 05:07

Moomoo AI 已提取核心信息

U-BX Technology Ltd. reported financial results for fiscal year 2024, with total revenue decreasing 45% to $51.6 million from $94.3 million in FY2023. The decline was primarily driven by a 47% decrease in digital promotion services revenue to $37.8 million. Risk assessment services revenue fell 43% to $8.7 million, while value-added bundled benefits revenue dropped 28% to $5.1 million.The company recorded a net loss of $748,542 for FY2024, compared to a net income of $205,911 in FY2023. Gross profit decreased to $694,322 from $1.6 million, with gross margin declining to 1.3% from 1.7%. General and administrative expenses increased 7% to $1.6 million, mainly due to higher exchange fees and impairment losses on current assets.As of June 30, 2024, U-BX had cash of $4.8 million, up from $1.3 million at the end of FY2023. The company completed its initial public offering in April 2024, raising net proceeds of approximately $8.8 million. Management continues to focus on expanding its technology capabilities and service scope while strengthening partnerships with insurance carriers and intermediaries despite current market headwinds.
U-BX Technology Ltd. reported financial results for fiscal year 2024, with total revenue decreasing 45% to $51.6 million from $94.3 million in FY2023. The decline was primarily driven by a 47% decrease in digital promotion services revenue to $37.8 million. Risk assessment services revenue fell 43% to $8.7 million, while value-added bundled benefits revenue dropped 28% to $5.1 million.The company recorded a net loss of $748,542 for FY2024, compared to a net income of $205,911 in FY2023. Gross profit decreased to $694,322 from $1.6 million, with gross margin declining to 1.3% from 1.7%. General and administrative expenses increased 7% to $1.6 million, mainly due to higher exchange fees and impairment losses on current assets.As of June 30, 2024, U-BX had cash of $4.8 million, up from $1.3 million at the end of FY2023. The company completed its initial public offering in April 2024, raising net proceeds of approximately $8.8 million. Management continues to focus on expanding its technology capabilities and service scope while strengthening partnerships with insurance carriers and intermediaries despite current market headwinds.
有家保险有限公司公布了2024财年的财务结果,总营业收入从2023财年的9430万下降了45%至5160万。这一下降主要是由于数字推广服务收入下降了47%,降至3780万。风险评估服务收入下降43%,降至870万,而增值捆绑福利收入下降28%,降至510万。公司在2024财年录得净亏损748,542美元,2023财年净收入为205,911美元。毛利润从160万下降至694,322美元,毛利率从1.7%降至1.3%。一般及行政费用增加7%,达160万,主要是由于更高的交易所费用和对当前资产的减值损失。截至2024年6月30日,有家保险的现金为480万,高于2023财年末的130万。公司于2024年4月完成首次公开募股,筹集约880万的净收益。管理层继续专注于扩大其科技能力和服务范围,同时在当前市场逆风下加强与保险公司及中介的合作。
有家保险有限公司公布了2024财年的财务结果,总营业收入从2023财年的9430万下降了45%至5160万。这一下降主要是由于数字推广服务收入下降了47%,降至3780万。风险评估服务收入下降43%,降至870万,而增值捆绑福利收入下降28%,降至510万。公司在2024财年录得净亏损748,542美元,2023财年净收入为205,911美元。毛利润从160万下降至694,322美元,毛利率从1.7%降至1.3%。一般及行政费用增加7%,达160万,主要是由于更高的交易所费用和对当前资产的减值损失。截至2024年6月30日,有家保险的现金为480万,高于2023财年末的130万。公司于2024年4月完成首次公开募股,筹集约880万的净收益。管理层继续专注于扩大其科技能力和服务范围,同时在当前市场逆风下加强与保险公司及中介的合作。
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