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D4Pi: 1.867 billion yuan revenue in H1 of 2024, a 27.1% year-on-year increase.
On the afternoon of August 15th, Fourth Paradigm (06682.HK) released its performance for the first half of the year. The total revenue in H1 was 1.867 billion yuan, a year-on-year growth of 27.1%. Gross profit was 0.79 billion yuan, a year-on-year growth of 12.1%. The company invested 0.85 billion yuan in R&D with a R&D cost-to-revenue ratio of 45.5%. The net loss narrowed by 4.0% YoY, and the net loss rate narrowed to 9.0% YoY. According to the financial report, the company has already covered 14 major industries with a total of 185 users, including 86 benchmark users. The average income of benchmark users is RMB 11.48 million.
