Viomi(US:VIOT) Jin Rong Jie·2025-08-05 13:52Core Viewpoint - Yunmi (VIOT) has shown significant financial growth, with a notable increase in revenue and net profit, reflecting its strong position in the IoT home appliance market [1] Financial Performance - As of December 31, 2024, Yunmi's total revenue is projected to be 2.119 billion RMB, representing a year-on-year growth of 29.31% [1] - The net profit attributable to the parent company is expected to reach 63.414 million RMB, marking a substantial increase of 174.89% year-on-year [1] Company Overview - Yunmi is a holding company established in January 2015 under Cayman Islands law, focusing on redefining future homes through IoT concepts [1] - The company has developed a unique IoT home platform that includes an innovative ecosystem of smart home products and complementary consumables and value-added services [1] Market Positioning - Yunmi's platform serves as an attractive entry point into consumer households, enabling smart interactions with a wide range of IoT products, thereby enhancing convenience, efficiency, and enjoyment in daily life [1] - The platform allows Yunmi to increase the number of household users and capture various consumption events driven by different scenarios within the home environment [1]