Business
Scienjoy Holding Corporation Reports Fiscal Year 2024 Financial Results
Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its financial results for the year ended December 31, 2024.
About this update from Scienjoy Holding Corporation
[{"type":"text","content":"Income from Operations up 78.5% Year Over YearNet Income Increased by Approximately RMB60 million Year Over Year","length":113,"tagName":"p","attribs":{}},{"type":"text","content":"BEIJING, April 22, 2025 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its financial results for the year ended December 31, 2024.","length":284,"tagName":"p"},{"type":"text","content":"Fiscal Year 2024 Operating and Financial Summaries","length":50,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenues decreased to RMB1,363.4 million (US$186.8 million) for the year ended December 31, 2024 from RMB1,464.9 million for the year ended December 31, 2023.","length":164,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit increased by 27.4% to RMB245.4 million (US$33.6 million) for the year ended December 31, 2024 from RMB192.7 million for the year ended December 31, 2023.","length":166,"tagName":"p"}]},{"val":[{"type":"text","content":"Income from operations increased by 78.5% to RMB40.7 million (US$5.6 million) for the year ended December 31, 2024 from RMB22.8 million for the year ended December 31, 2023.","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was RMB26.7 million (US$3.7 million) for the year ended December 31, 2024, increased by RMB61.7 million as compared to a net loss of RMB35.0 million for the year ended December 31, 2023. ","length":197,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income attributable to the Company's shareholders was RMB39.7 million (US$5.4 million) for the year ended December 31, 2024, increased by RMB70.5 million, as compared with a net loss attributable to the Company's shareholders of RMB30.8 million for the year ended December 31, 2023. ","length":294,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income attributable to the Company's shareholders was RMB50.3 million (US$6.9 million) for the year ended December 31, 2024, increased by RMB62.0 million as compared with a net loss adjusted attributable to the Company's shareholders of RMB11.7 million for the year ended December 31, 2023.","length":311,"tagName":"p"}]},{"val":[{"type":"text","content":"As of Dec...