Core Viewpoint - U-BX Insurance (UBXG) has shown a significant increase in net profit despite a decline in total revenue, indicating potential operational efficiency and profitability improvements [1][2]. Financial Performance - As of December 31, 2024, U-BX Insurance reported total revenue of $17.29 million, a decrease of 40.97% year-on-year [1]. - The company achieved a net profit attributable to shareholders of $345,900, reflecting a substantial increase of 259.51% year-on-year [1]. Company Background - U-BX Technology Co., Ltd. was established on June 30, 2021, in the Cayman Islands and operates through a VIE agreement with U-BX China, a company incorporated under Chinese law [1]. - U-BX China has been focused on providing value-added services driven by artificial intelligence technology to businesses in the insurance sector since its establishment in 2018 [1]. Service Offerings - U-BX China's primary services include: 1. Digital promotion services to enhance visibility on social media platforms [2]. 2. Risk assessment services utilizing a proprietary algorithm named "Magic Mirror" to calculate insurance payout risks for auto insurance [2]. 3. Value-added bundled benefits to help large insurance operators attract customers [2].
有家保险上涨3.67%，报4.043美元/股，总市值8403.24万美元