Core Viewpoint - U-BX Insurance (UBXG) has shown a significant increase in net profit despite a decline in total revenue, indicating potential operational efficiency and profitability improvements [1][2]. Financial Performance - As of 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 $345,900, 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, which is based in Beijing, China [1]. - U-BX China has been focused on providing value-added services to the insurance industry using AI-driven technology since its inception in 2018 [1]. Business Model and Services - U-BX China's primary services include: 1. Digital promotion services to enhance visibility on social media platforms [2]. 2. Risk assessment services utilizing a proprietary algorithm named "Magic Mirror" to calculate insurance payout risks for auto insurance [2]. 3. Value-added bundled benefits to help insurance operators attract customers, including services like car washes and maintenance plans [2].
有家保险上涨2.18%，报3.04美元/股，总市值6318.38万美元