WB(US:WB) Jin Rong Jie·2025-06-24 13:51Core Viewpoint - Weibo's financial performance shows a modest revenue growth with a significant increase in net profit, indicating a positive trend in profitability despite a slight revenue increase [1]. Financial Performance - As of March 31, 2025, Weibo reported total revenue of $397 million, reflecting a year-on-year growth of 0.34% [1]. - The net profit attributable to the parent company reached $107 million, marking a substantial year-on-year increase of 116.36% [1]. Market Activity - On June 24, Weibo's stock opened with a 2.05% increase, trading at $9.47 per share, with a total transaction volume of $385,500, leading to a market capitalization of $2.371 billion [1]. - On May 22, Weibo received a "Buy" rating from CMB International, with a target price set at $14.5 [1]. Company Overview - Weibo is a leading social media platform that combines public self-expression with strong social interaction and content distribution capabilities [2]. - The platform allows users to create and share content, with a focus on mobile-first design and native advertising integrated into the information flow [2]. - The majority of Weibo's revenue is derived from advertising and marketing services, including social display ads and promotional marketing ads [2].