Weimob, Inc.HKEX: 2013

Weimob: Revenue fell 40% in 2024, but AI and cost controls position the business for 2025 recovery

· Issued by Weimob, Inc.

2024 saw a sharp revenue decline due to one-off rebate reductions and strategic exits from low-margin businesses, but cost controls and AI-driven initiatives improved cash flow and set the stage for recovery. Subscription gross margin and free cash flow are expected to improve in 2025.

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