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Qunabox Intervening time Record: Earnings and Profit Proceed to Develop

Qunabox Intervening time Record: Earnings and Profit Proceed to Develop

– Location to be Incorporated in Hong Kong Inventory Take part September

HONG KONG, Aug 19, 2024 – (ACN Newswire) – Coming into mid to late August, the Hong Kong inventory market began to enter the head period of intervening time document disclosure. Some high-quality enterprises, with their irregular industry devices and outstanding efficiency in administration and operation, achieved indispensable efficiency negate and stood out in the Hong Kong inventory market, akin to Qunabox Neighborhood (00917. HK).

Earnings and revenue continue to grow enormously, place to be included in Hong Kong Inventory Take part September

Qunabox Neighborhood is the largest AI interactive terminals community firm in China and furthermore the pioneer in providing AloT marketing solutions through experiential incandescent terminals. It makes use of AI interactive terminals to lift innovative, partaking and immersive product experiences which align with evolving market developments and particular person wants. It effectively connects rapid-transferring particular person items (FMCG) producers with their prospects and consistently delivers complete marketing solutions that seamlessly integrate both on-line and offline channels, addressing rather about a scenarios.

Qunabox Neighborhood used to be listed on the principle board of the Hong Kong Inventory Alternate in Might possibly furthermore simply 2024. As a newly listed firm, in the first half of of 2024, the Company delivered an spectacular finally ends up in its debut after going public with innovative marketing devices, exact market positioning, and efficient provider execution.

On 15 August, Qunabox Neighborhood launched its 2024 intervening time results document. Knowledge reveals that in the first half of of 2024, the Company recorded revenue of RMB515.1 million, representing a yr-on-yr amplify of 41.7%; snide revenue of RMB281.4 million, representing a yr-on-yr amplify of forty five.0%; and adjusted earnings ahead of interest, taxes, depreciation and amortization (EBITDA) of RMB121.4 million, representing a yr-on-yr amplify of 35.9%. As at 30 June 2024, cash and cash equivalents and restricted cash amounted to RMB887.6 million. The rapid negate of efficiency, actual financial condition, and sufficient liquidity not easiest notify the Company’s actual market competitiveness and negate seemingly, but furthermore provide actual financial enhance for the Company’s long-term high-quality constructing.

Per the announcement of Dangle Seng Indexes Company on 16th August, Qunabox Neighborhood has been efficiently selected to be included as a constituent alternate of the Dangle Seng Composite Index, which is ready to become effective on ninth September. After the inclusion in Hong Kong Inventory Join, the Company will receive more attention from investors and its liquidity is expected to be extra enhanced.

Well known by market, AI interplay marketing turns into the principle driving power for efficiency negate

Public files reveals that Qunabox Neighborhood’s industry primarily involves marketing companies and products, merchandise gross sales and rather about a companies and products, among which, marketing companies and products revenue accounts for nearly 80%, being the core industry segment of the Neighborhood.

By draw of marketing companies and products, in the first half of of 2024, Qunabox Neighborhood precisely grasped market dynamics and industry constructing developments, continuously improved provider capabilities and operational effectivity, and achieved indispensable negate in both customer base and revenue. Precise during the period, revenue from marketing companies and products segment amounted to RMB411.8 million, representing a yr-on-yr amplify of 41.1%, and snide revenue amounted to RMB245.7 million, representing a yr-on-yr amplify of 42.9%, driving indispensable negate in the total efficiency of the Company. By draw of prospects, at some stage in the period, the Neighborhood equipped marketing companies and products to an total of 171 impress prospects, representing an amplify of 41 prospects as compared with the same period final yr; among them, the resolution of KA prospects served used to be 30 and the everyday revenue per KA customer used to be RMB10.6 million, both of which elevated as compared with the same period final yr. It demonstrates the logo prospects highly sight the cost of Qunabox’s marketing solution which is in accordance to AI interactive terminal.

By draw of the merchandise gross sales, in the first half of of 2024, making basically the a variety of the total recovery of the consumption industry, improved effectiveness of its terminal community and its cheaper pricing approach, Qunabox Neighborhood’s AI interactive terminals enormously enhanced their capabilities in merchandise gross sales, driving actual negate in the merchandise gross sales industry, with a no doubt huge amplify in the resolution of offline terminals. Precise during the period, revenue from the merchandise gross sales industry segment amounted to RMB78.4 million, representing a yr-on-yr amplify of 48.8%, and snide revenue amounted to RMB24.1 million, representing a yr-on-yr amplify of 69.7%. Earnings from merchandise gross sales per terminal per day amounted to RMB58.9, an amplify of 25.2% yr-on-yr, which extra consolidated the Company’s leading space available in the market.

As effectively as, leveraging its technological strengths in the AIoT sector, rising demand for linked developments, and its actual repute, customer demand and the resolution of projects bask in persevered to grow. This has driven revenue generated from rather about a companies and products rising from RMB19.0 million in the first half of of 2023 to RMB24.9 million in the first half of of 2024, representing a yr-on-yr amplify of 30.8%. This negate absolutely demonstrates the Company’s actual capabilities in the technical provider sector.

Repeatedly rising funding in skills and files to enhance impress market competitiveness

Abilities and files operate pivotal sources of innovation for enterprises, constituting their most valuable aggressive revenue. As China’s leading AI interplay marketing provider supplier, in the first half of of 2024, Qunabox Neighborhood persevered to amplify its efforts to manufacture offline marketing activities featuring AI interactions, encouraging its intensified technical specialists to deeply engage in the invent of marketing activities. This objectives to amplify the utility scenarios and vary of multi-sensory AI interactions, akin to scent emission, movement detection, and relate interplay, while furthermore extending emotion recognition skills in a mutter to extra enrich the forms of AI interactions and improve provider capabilities. Within the domain of files and algorithm, Qunabox Neighborhood has consistently driven the exploration of files cost and the commercialization of product to enhance its files product offerings. On the same time, it has furthermore improved the efficiency of AI interactive terminals and the effectivity of interior operation.

Per the intervening time document, the Company’s R&D expenditure elevated from RMB27.3 million in the first half of of 2023 to RMB37.5 million in the first half of of 2024, representing a yr-on-yr amplify of 37.3%. Exact funding in R&D not easiest brings the Company the skill to enhance its companies and products and improve effectivity, but furthermore lays a actual basis for the Company’s industry growth and actual constructing at some point.

Growing into out of the country markets for a 2d negate curve

Qunabox Neighborhood has officially announced the launch of its internationalization approach, with the Heart East market serving because the first cease in its growth into out of the country markets. This extra expands the Company’s constructing condominium and is expected to force accelerated negate in its efficiency.

Within the medium to future, because the particular person market will take a look at extra revitalization, the particular person items marketing industry is anticipated to become draw more dynamic. The multi-channel, one-cease, closed-loop marketing solutions equipped by Qunabox Neighborhood in accordance to the AI interactive terminal community will be current and applied by more producers with its advantages of being more innovative, efficient, and exact, and its market cost will continue to amplify.


Sectors: Digitalization, Synthetic Intel [AI]

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