天智航：2025年净利润亏损1.84亿元

Core Viewpoint - Tianzhihang reported a total operating revenue of 283 million yuan for the fiscal year 2025, representing a year-on-year increase of 58.38%. However, the company incurred a net loss of 184 million yuan, compared to a loss of 121 million yuan in the same period last year [1]. Financial Performance - The total operating revenue for 2025 reached 283 million yuan, marking a significant growth of 58.38% year-on-year [1]. - The net profit showed a loss of 184 million yuan, which is an increase in losses compared to the previous year's loss of 121 million yuan [1]. Contributing Factors - The primary reasons for the increased net loss include a substantial decrease in investment income compared to the previous year [1]. - The implementation of a restricted stock incentive plan led to a significant increase in share-based payment expenses compared to the same period last year [1]. - There was an increase in income tax expenses due to the reversal of deferred tax assets recognized in prior years, which contributed to the overall tax expense growth compared to the previous year [1].