Core Insights - Lianlian Digital reported a revenue of 1.315 billion yuan for the fiscal year 2024, marking a year-on-year growth of 27.9% and achieving a gross margin of 51.9% [1] - The company turned a profit with an adjusted annual profit of 78.7 million yuan, indicating a successful turnaround [1] Business Overview - Lianlian Digital is a leading digital payment solution provider in China, established in 2009 and successfully listed in 2024, recognized as the "first stock in cross-border payments" [1] - The company has a comprehensive global business layout with 65 payment licenses and related qualifications, being the only company in China to hold money transfer licenses in all U.S. states [2] Financial Performance - The total payment volume (TPV) for digital payment services reached 3.3 trillion yuan in 2024, reflecting a year-on-year increase of 64.7%, with a customer base of 5.9 million [2] - Core business indicators showed significant growth, with global payment TPV reaching 281.5 billion yuan, contributing 808 million yuan in revenue, representing year-on-year growth of 63.1% and 23.1% respectively [3] Strategic Developments - In 2024, Lianlian Digital achieved three major milestones: successful listing in Hong Kong, a new business cooperation structure with American Express, and obtaining a virtual asset trading platform (VATP) license [4] - The company announced a strategic adjustment by reducing its stake in Lian Tong (Hangzhou) Technology Services Co., Ltd. from 45.22% to 17.63% to optimize resource allocation and support its main business development [4]
连连数字：2024年经调整利润为7870万元 实现扭亏为盈