Core Viewpoint - U-BX Insurance (UBXG) has experienced a significant decline in revenue while achieving substantial growth in net profit, indicating a shift in business dynamics and potential areas for investment consideration [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-over-year [1]. - The company achieved a net profit attributable to shareholders of $345,900, reflecting a 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 Services - U-BX China's primary offerings include: 1. Digital promotion services to enhance visibility for institutional clients on social media platforms [2]. 2. Risk assessment services utilizing a proprietary algorithm named "Magic Mirror" to calculate insurance payout risks for auto insurers [2]. 3. Value-added bundled benefits to help large insurance operators attract customers, including services like car washes and maintenance plans [2].
有家保险上涨2.15%，报2.85美元/股，总市值5923.48万美元