Core Viewpoint - Epoint Cloud reported strong financial performance for the fiscal year 2024, with significant growth in revenue, adjusted EBITDA, and net profit, indicating enhanced profitability and financial health. Financial Performance - In fiscal year 2024, Epoint Cloud achieved revenue of 1.36 billion RMB, a year-on-year increase of 6.8% [1][3] - Adjusted EBITDA reached 676 million RMB, reflecting a growth of 19.4% compared to the previous year [1][3] - Adjusted net profit surged to 80.17 million RMB, marking a remarkable increase of 427% year-on-year [1][3] - The financial expense ratio decreased by 2.3%, and cash reserves grew by 10.5%, indicating improved financial health [3] Customer and Service Growth - The number of active customers increased to 51,024, representing a growth of 9.1% [5] - The total number of service devices reached 1,374,200, with a year-on-year growth of 14.1% [5] - Epoint Cloud maintained a high customer retention rate of 74%, with core customer retention nearing 90% [6] Business Model and Market Position - Epoint Cloud's IT subscription model has gained widespread acceptance among small and medium-sized enterprises, offering cost-effective IT solutions [5] - The company holds a market share of 19.6%, significantly surpassing its closest competitors [7] - Epoint Cloud's IT remanufacturing capabilities allow for extended product lifespans, enhancing profitability [7][8] Operational Efficiency - Epoint Cloud utilizes a fully self-developed "Nebula System" for digital management, improving operational efficiency and reducing costs [8] - The company achieved a 90% equipment utilization rate through digital inventory management [8] - Scale and digital capabilities have significantly lowered unit product costs, expanding profit margins [8]
易点云2024年财报：营收13.6亿元，净利暴涨427%