Core Viewpoint - U-BX Insurance (UBXG) has experienced a stock price increase of 4.0%, with a current share price of $2.86 and a total market capitalization of $59.44 million, despite a significant decline in revenue [1] Financial Performance - For the fiscal year ending December 31, 2024, U-BX Insurance reported total revenue of $17.29 million, a year-over-year decrease of 40.97% [1] - The company achieved a net profit attributable to shareholders of $0.3459 million, reflecting a substantial year-over-year increase of 259.51% [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 the laws of the People's Republic of China [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] Business Model - U-BX China's services include digital promotion services, risk assessment services, and bundled value-added benefits [2] - The company assists institutional clients in gaining visibility on social media platforms and generates revenue based on consumer engagement metrics [2] - U-BX has developed a proprietary algorithm named "Magic Mirror" to assess the payout risks for auto insurance companies, producing personalized risk reports based on various vehicle attributes [2] - Additionally, U-BX sells bundled benefits to large insurance operators or brokers, which can be offered to customers at low or no cost [2]
有家保险上涨4.0%，报2.86美元/股，总市值5944.26万美元