Business
WiMi announced a net income of RMB 347 million for 2025, a year-on-year increase of 235%
WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading hologram augmented reality ("AR") technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission (the "SEC").
About this update from Wimi Hologram Cloud Inc.
[{"type":"text","content":"BEIJING, April 24, 2026 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading hologram augmented reality ("AR") technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission (the "SEC").","length":378,"tagName":"p"},{"type":"text","content":"The company reported that its net income increased by RMB 243.8 million, or 235.9%, from RMB 103.3 million for the year ended December 31, 2024, to RMB 347.1 million (USD 49.4 million) for the year ended December 31, 2025, representing two consecutive years of profitability with substantial profit growth and significantly improved performance.","length":345,"tagName":"p"},{"type":"text","content":"For the year ended December 31, 2025, the company incurred approximately RMB 147.6 million (USD 21.0 million) in operating expenses, representing a decrease of approximately RMB 35.4 million, or 19.4%, from approximately RMB 183.1 million for the year ended December 31, 2024, reflecting outstanding cost-reduction effects, remarkable expense optimization, and enhanced cost control capabilities.","length":396,"tagName":"p"},{"type":"text","content":"Moreover, the company's working capital was approximately RMB 2,611.6 million (USD 371.6 million) as of December 31, 2025, representing a 105.8% increase from RMB 1,269.2 million (USD 176.6 million) as of December 31, 2024. The company maintained sufficient cash flow and capital reserves, demonstrating extremely strong risk resistance capacity.","length":380,"tagName":"p"},{"type":"text","content":"The information disclosed in this press release does not purport to be complete and is qualified in its entirety by reference to the Company's annual report on Form 20-F. The annual report, which contains the Company's audited consolidate statements, can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.wimiar.com/.","length":404,"tagName":"p"},{"type":"text","content":"The Company will provide a copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directe...