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易点天下:KreadoAI推出爆款视频生成功能,多个广告产品迭代升级

Investment Rating - The report maintains a "Buy" rating for the company [3]. Core Views - The company reported a revenue of 1.754 billion yuan for Q1-Q3 2024, representing a year-on-year growth of 10.75%. The net profit attributable to shareholders reached 195 million yuan, up 7.85% year-on-year [1]. - The AI-driven programmatic advertising platform zMaticoo has enhanced its service capabilities, allowing seamless integration with top advertising resources and significantly improving traffic value utilization [1]. - The digital advertising platform Yeahmobi has joined the Amazon Advertising Partner Network, which will enhance its global advertising reach and provide integrated marketing solutions for advertisers [1]. - The launch of KreadoAI's viral video generation feature is expected to assist in overseas marketing by automatically generating video scripts and promotional content based on marketing data models [1]. - A comprehensive partnership with Tencent Cloud aims to accelerate the digital transformation of enterprises, enhancing global operational efficiency and reducing risks in overseas markets [1]. - The company has adjusted its profit forecast for 2024-2026, expecting net profits of 261 million, 327 million, and 388 million yuan, respectively, with year-on-year growth rates of 20.4%, 25.2%, and 18.7% [1][2]. Financial Summary - For 2024, the company is projected to achieve a revenue of 2.574 billion yuan, with a year-on-year growth rate of 20.1% [2]. - The net profit for 2024 is estimated at 261 million yuan, reflecting a year-on-year increase of 20.4% [2]. - The latest diluted EPS is expected to be 0.55 yuan per share for 2024, with a projected P/E ratio of 35.7 times [2].