Zhong Guo Jing Ji Wang·2025-10-23 07:05Core Viewpoint - Foxit Software (688095.SH) reported its 2025 semi-annual results, showing a significant increase in revenue but a net loss for shareholders, indicating potential challenges in profitability despite revenue growth [1][3]. Financial Performance Summary - Revenue for the reporting period reached 422.61 million yuan, a year-on-year increase of 25.20% [1][3]. - The net profit attributable to shareholders was -4.88 million yuan, a decrease of 107.81% compared to the previous year's profit of 62.52 million yuan [1][3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -22.35 million yuan, compared to -63.77 million yuan in the same period last year [1][3]. - The net cash flow from operating activities was -59.31 million yuan, an improvement from -77.83 million yuan in the previous year [1][3]. Historical Financial Data - In 2021, the company reported revenue of 541.12 million yuan, a 15.48% increase year-on-year, but a net profit of 46.24 million yuan, down 59.90% [5]. - In 2022, revenue was 580 million yuan, up 7.16%, with a net loss of 0.17 million yuan, a decrease of 103.77% [4]. - In 2023, revenue reached 611 million yuan, a 5.33% increase, but the net loss expanded to 90.94 million yuan [4]. - In 2024, revenue was 711.14 million yuan, a 16.44% increase, with a net profit of 26.96 million yuan [6]. Company Background - Foxit Software was listed on the Sci-Tech Innovation Board on September 8, 2020, with an initial offering of 12.04 million shares at a price of 238.53 yuan per share [6][7]. - The total funds raised amounted to 2.872 billion yuan, with a net amount of 2.586 billion yuan after deducting issuance costs [7]. - The company’s major shareholder is Xiong Yuqian, who holds dual nationality (China and the USA) [8].