Foxit Software(SH:688095)2025-01-24 09:50Revenue Projections - The company expects to achieve operating revenue of 700 million to 720 million yuan in 2024, an increase of approximately 14.61% to 17.89% compared to the previous year[4]. - The projected net profit attributable to the parent company for 2024 is estimated to be between 25 million and 37 million yuan, an increase of approximately 11.59 million to 12.79 million yuan compared to the previous year[4]. - The annual recurring revenue (ARR) is expected to reach between 395 million and 415 million yuan, representing a growth of approximately 58% to 66% year-over-year[9]. - The proportion of annual subscription revenue to total operating revenue is expected to be around 49%, an increase of approximately 14 percentage points compared to the previous year[9]. - Revenue from channels is expected to account for about 40% of total operating revenue, an increase of approximately 6 percentage points year-over-year[10]. Profit Expectations - The company anticipates a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between -190 million and -160 million yuan, indicating a potential decrease of approximately 1.05 million or an increase of 1.95 million yuan compared to the previous year[4]. - Non-recurring gains and losses are expected to impact net profit by approximately 10 million to 15 million yuan, primarily due to investments and asset disposals related to subsidiaries[11]. Business Strategy - The company is focusing on a dual transformation strategy of "subscription first" and "channel first" to drive business expansion in global markets[8]. Financial Management - The company has seen a steady increase in management, sales, and R&D expenses, although revenue growth has outpaced these increases[11]. - The financial data provided is preliminary and has not been audited by a registered accountant, with the final figures to be disclosed in the audited annual report[14].