網龍網絡控股有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 NetDragon Websoft Holdings Limited 海外監管公告 上市附屬公司 Mynd.ai , Inc. 截至二零二五年六月三十日止六個月之未經審核財務業績公佈 本公告由網龍網絡控股有限公司（「本公司」）董事（「董事」）會（「董事會」）根據香 港聯合交易所有限公司證券上市規則第13.10B條作出。 本公司股東及潛在投資者務請注意投資風險，並於買賣或擬買賣本公司證券時審 慎行事。 （於開曼群島註冊成立的有限公司） （股份代號：777） Mynd.ai , Inc.（「Mynd.ai」，為本公司非全資附屬公司，其股份以美國存託股份形 式於美國的NYSE American上市）已向美國證券交易委員會（「美國證監會」）提交 關於 Mynd.ai 截至二零二五年六月三十日止六個月之之未經審核財務業績的6-K表 格。詳情請參閱隨附的的刊載於美國證監會網站(https://w ...

Core Insights - Mynd.ai, Inc. reported financial results for the fiscal year ended December 31, 2024, highlighting the sale of a non-strategic business unit, significant debt reduction, and the initiation of a share repurchase program aimed at strengthening the company and enhancing long-term shareholder value [1][2]. Financial Performance - Revenue for 2024 was $267.4 million, a decrease from $411.8 million in 2023, primarily due to normalization in the education market post-pandemic [6]. - Gross margin improved by 40 basis points to 24.8%, attributed to cost optimization in materials, warranty, and freight [6]. - Operating loss decreased by $8.0 million to $38.0 million compared to $46.0 million in 2023 [6]. - Net loss from continuing operations before income taxes was $35.7 million, a $12.7 million improvement from the previous year [6]. - Cash balance at year-end was $75.3 million, down from $87.8 million in 2023 [6]. - Outstanding debt was reduced by $21.0 million by year-end [6]. Strategic Initiatives - The company completed the sale of its non-strategic early childhood development business unit in October 2024 [2]. - A share repurchase program was initiated, with 151,923 American Depositary Shares repurchased, representing 1,519,230 ordinary shares [6]. - The company is focusing on optimizing its operating cost structure and enhancing its go-to-market strategy to address ongoing economic challenges [2]. Market Position - Mynd.ai maintains a strong market presence with a significant install base of over one million classrooms and a robust distributor and partner network [2]. - The recently launched ActivPanel 10 has received positive feedback, with its modular infrastructure allowing customers to choose their preferred operating system [2]. Balance Sheet Overview - Total assets decreased to $252.6 million in 2024 from $407.0 million in 2023 [9][10]. - Total liabilities decreased to $224.3 million from $286.4 million in the previous year [10]. - Shareholders' equity fell to $28.4 million from $120.6 million in 2023, primarily due to accumulated losses [10].