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时代天使午前涨超8% 海外业务快速扩张 推动上半年收入超预期

Core Viewpoint - Angelalign (06699) reported strong mid-year performance with significant revenue and profit growth, driven by international market expansion and increased case numbers [1] Financial Performance - The company's revenue for the first half of the year was $161.4 million, a year-on-year increase of 33.1% [1] - Adjusted net profit reached $19.5 million, up 84.8% compared to the previous year [1] - Profit attributable to shareholders was $14.64 million, reflecting a substantial year-on-year growth of 362.65% [1] Market Expansion - The total number of invisible orthodontic cases increased by 47.7% year-on-year, reaching approximately 225,800 cases [1] - International market cases surged by 103.5% year-on-year, totaling about 117,200 cases, surpassing the domestic market's 108,600 cases [1] Analyst Insights - Goldman Sachs noted that Angelalign's revenue of $161 million exceeded their expectations, primarily due to rapid overseas business expansion [1] - The gross margin remained stable at 62.4%, consistent with the same period last year, while the overseas gross margin improved from 58.3% to 61.2% [1] Future Guidance - Management has raised the annual case volume guidance to between 490,000 and 500,000, indicating a year-on-year growth of 36% to 39% [1]