美图业绩预告：2025年经调归母净利润同比增长约60%至66%

Core Viewpoint - Meitu Company reported a significant increase in adjusted net profit for the fiscal year 2025, with an expected growth of approximately 60% to 66% year-on-year, driven by rapid growth in revenue from its imaging and design products, particularly from an increase in global paid subscription users [1][2]. Financial Performance - For the fiscal year 2024, Meitu's total revenue reached 3.34 billion yuan, representing a year-on-year growth of 23.9% [1][2]. - The adjusted net profit for 2024 was 586 million yuan, showing a year-on-year increase of 59.2% [1][2]. Profitability Drivers - The notable improvement in profitability is attributed to the rapid growth in revenue from the company's core imaging and design products, primarily driven by an increase in paid subscription users globally, with international market growth outpacing that of mainland China [1][2]. Future Expectations - According to International Financial Reporting Standards (IFRS), Meitu anticipates a decline of no more than 30% in net profit attributable to equity holders of the parent company for 2025 compared to the previous year, due to high base effects from a one-time net gain of approximately 640 million yuan from cryptocurrency sales in 2024 and a one-time non-cash expense of about 512 million yuan related to convertible bonds issued to Alibaba [1][2]. Clarification on Financial Metrics - Meitu emphasized that the aforementioned one-time items are non-operational and not related to the core business, suggesting that the adjusted net profit provides a clearer reflection of the company's core operational performance [1][2]. Upcoming Announcements - Meitu is scheduled to release its full-year results for 2025 on March 27 [1][2].