Workflow
连连数字上市首年扭亏，盈利7870万元
Sou Hu Cai Jing·2025-03-28 04:17

Core Viewpoint - Lianlian Digital has successfully turned a profit in its first full year post-IPO, with significant revenue growth and improved financial metrics, indicating a strong operational performance and strategic investments in new technologies and services [1][2][3]. Financial Performance - In 2024, Lianlian Digital achieved total revenue of RMB 1.315 billion, a year-on-year increase of 27.9%, with a gross profit of RMB 683 million, up 18.2%, maintaining a high gross margin of 51.9% [1][2]. - Adjusted net profit improved from a loss of RMB 403 million to a profit of RMB 78.7 million [1]. - The majority of revenue came from digital payment services, which generated RMB 1.151 billion, reflecting a substantial growth of 31.6% [2]. Business Segments - Global payment business total payment volume (TPV) reached RMB 281.5 billion, growing by 63.1%, with total revenue of RMB 808 million, up 23.1% [2]. - Domestic payment business TPV was RMB 3 trillion, increasing by 64.9%, with revenue of RMB 343 million, a growth of 57.1% [2]. - The gross margins for global payment, domestic payment, and value-added services were 72%, 20.9%, and 19.1%, respectively [3]. Strategic Developments - Lianlian Digital strategically adjusted its equity stake in the joint venture with American Express, enhancing funding for core business development [3]. - The company received a Luxembourg EMI license, allowing it to expand its services across Europe, and obtained a virtual asset trading platform license in Hong Kong [8]. Innovation and R&D - R&D expenses increased by 19% to RMB 319 million, reflecting ongoing investments in technology and service innovation [5][6]. - The company has developed proprietary technology platforms to provide comprehensive services for global trade, including payment and risk management solutions [7]. Future Outlook - The company plans to further integrate AI technology and optimize production capabilities to enhance global trade support for merchants, expecting significant advancements by 2025 [9].