旗天科技：2025年全年净亏损6000万元—9500万元

Core Viewpoint - Qitian Technology forecasts a net loss attributable to shareholders of 60 million to 95 million yuan for the year 2025, with a net loss excluding non-recurring gains and losses estimated at 63 million to 98 million yuan [1] Group 1: Performance Forecast - The company anticipates a significant net loss for 2025, indicating financial challenges ahead [1] - The expected net loss excluding non-recurring items suggests ongoing operational difficulties [1] Group 2: Reasons for Performance Change - The industry is experiencing intense competition, leading to a reduction in overall marketing budgets from banking clients, which has elongated the customer marketing expenditure cycle [1] - The execution and implementation progress of certain projects has fallen below expectations, contributing to the anticipated losses [1] - A shift in product structure towards digital goods in payment marketing has resulted in a decrease in revenue from the digital lifestyle marketing segment compared to the previous year [1] - The company has terminated its installment business for card value-added marketing, leading to a year-on-year decline in business scale [1] - An estimated provision for bad debts of approximately 20 million yuan is expected to be recognized [1] - Non-recurring gains and losses are projected to impact the net profit by about 3 million yuan during the reporting period [1]