Core Viewpoint - Ruanyun Edai Technology Inc. (软云科技) successfully went public on NASDAQ with an IPO price of $4, raising $15 million and achieving a market capitalization of $130 million at issuance [1] Company Overview - Founded in 2012, Ruanyun Edai Technology Inc. is a data-driven AI technology company focused on K-12 education in China, aiming to reform traditional educational methods and provide new teaching, learning, and assessment approaches [1][3] Financial Performance - The company reported revenues of $6.27 million and $4.11 million for the fiscal years ending September 30, 2023, and 2024, respectively, with net losses of $1.52 million and $0.68 million for the same periods [8][9] - The revenue cost for 2024 was $2.38 million, while for 2023 it was $5.19 million, indicating a significant reduction in costs [9] Product Lines - Ruanyun Edai Technology operates through two main product lines: SmartExam® and SmartHomework® - SmartExam® provides a computerized testing platform for academic level examinations in China, along with other testing services [3] - SmartHomework® offers a platform for various digital teaching and learning content and services, generating revenue from platform development, software customization, licensing, personalized workbooks, and digital services [3]
来自南昌的软云科技成功登陆纳斯达克，IPO募资1500万美元