Group 1 - The core viewpoint of the articles highlights the financial performance and business model of U-BX Insurance, which has seen a significant decline in revenue but a substantial increase in net profit [1][3] - As of August 14, U-BX Insurance's stock price increased by 5.19% to $2.97 per share, with a total market capitalization of $61.73 million [1] - Financial data shows that U-BX Insurance's total revenue for the year ending December 31, 2024, is projected to be $17.29 million, a decrease of 40.97% year-on-year, while net profit attributable to shareholders is expected to be $0.35 million, an increase of 259.51% year-on-year [1] Group 2 - U-BX China, a subsidiary of U-BX Insurance, provides three main services: digital promotion services, risk assessment services, and bundled value-added benefits [2] - The company utilizes a proprietary algorithm named "Magic Mirror" to calculate the payout risks for auto insurance companies, generating personalized risk reports based on various vehicle attributes [2] - U-BX China also sells bundled benefits to large insurance operators or brokers, which can be offered to customers at low or no cost, helping these operators attract clients [2]
有家保险上涨5.19%,报2.97美元/股,总市值6172.89万美元