Investment Rating - The investment rating for the company is "Outperform" (maintained) [2] Core Insights - The company achieved a revenue of 149 million yuan in 2024, representing a year-on-year growth of 30.26%, while the net profit attributable to the parent company was 41.03 million yuan, a slight decline of 3.42% year-on-year [2] - The acquisition of Chengdu Xiahai Amu contributed an additional revenue of 28.27 million yuan from the e-commerce customer service outsourcing business, which is a key driver for revenue growth [3] - The company is actively expanding its product offerings in marketing management and order management, while also developing new growth points in live broadcast management and supply chain services [4] Financial Summary - Revenue is projected to grow from 149 million yuan in 2024 to 177 million yuan in 2025 and 209 million yuan in 2026, with corresponding year-on-year growth rates of 18.9% and 18.0% respectively [5] - The net profit attributable to the parent company is expected to increase from 41 million yuan in 2024 to 52 million yuan in 2025 and 62 million yuan in 2026, reflecting growth rates of 25.6% and 19.6% respectively [5] - The company's gross margin is projected to be 66.3% in 2024, slightly decreasing to 66.6% in 2025 and 65.7% in 2026 [5]
美登科技：北交所信息更新：开发直播管理、供应链等新增长点，加大供应链业务-20250312