YXT.com Group Holding Limited reported its unaudited financial results for the full year ended December 31, 2024, on March 28, 2025. The company announced a significant decrease in net loss to RMB92.1 million (US$12.6 million) from RMB229.8 million in the prior year, representing a 59.9% reduction.
Revenues for the full year were RMB331.2 million (US$45.4 million), a decrease from RMB424.0 million in 2023. However, on a pro forma basis, excluding the deconsolidation of CEIBS PG, revenues increased by 1.0% to RMB327.9 million (US$44.9 million). Gross margin improved to 61.8% from 54.1% in the prior year, driven by a strategic focus on large enterprise subscription customers and cost optimization.
The company also announced a US$10 million Share Repurchase Program, authorizing the repurchase of ordinary shares in the form of American depositary shares over a two-year period. Basic net income per share was RMB2.90 (US$0.40), an improvement from a loss per share of RMB4.71 in the prior year, primarily due to the deemed contribution to ordinary shareholders from convertible redeemable preferred shares modifications.
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