AI-powered phygital solutions

Search documents
Ambow Education Launches HybriU Events Advancing the Future of Immersive, Interactive Live Experiences
Globenewswire· 2025-08-22 10:00
Core Viewpoint - Ambow Education Holding Ltd. has launched HybriU Events, an AI-powered platform designed to enhance live events by bridging physical venues with global audiences through interactive and accessible solutions [1][3]. Group 1: Product Features - HybriU Events utilizes ultra-realistic 3D streaming and real-time interactive features to recreate the atmosphere of live events, making them more engaging for audiences [2]. - The platform includes dynamic multimedia elements and direct broadcast capabilities to social media, which expands audience reach and interaction [2]. - Personalized language channels allow participants to engage in their preferred language, promoting inclusivity for global audiences [2]. Group 2: Strategic Importance - The launch of HybriU Events is a significant step in Ambow's strategy to expand its portfolio of AI-driven phygital solutions and to create new revenue streams in the global live events and digital experience markets [3]. - The platform is scalable and available to organizations, institutions, and creators worldwide, catering to events of any size [3]. Group 3: Company Overview - Ambow Education Holding Ltd. is an AI-driven technology company focused on providing phygital solutions for education, corporate conferencing, and live events [4]. - The company is headquartered in Cupertino, California, and operates a wholly-owned for-profit college in San Diego, California [4].
Ambow Education Announces Second Quarter and First Half of 2025 Financial and Operating Results
GlobeNewswire News Room· 2025-08-05 10:13
Core Insights - Ambow Education Holding Ltd. reported strong financial performance in the first half of 2025, driven by the adoption of its HybriU platform, which integrates physical and digital learning solutions [3][4][7] Financial Highlights - Net revenues for Q2 2025 increased by 16.7% to $2.8 million from $2.4 million in Q2 2024, primarily due to HybriU [4] - Gross profit for Q2 2025 rose by 15.4% to $1.5 million, with a gross profit margin of 53.6% compared to 54.2% in Q2 2024 [4] - Operating expenses for Q2 2025 decreased by 15.4% to $1.1 million, mainly due to reduced rental expenses [5] - Net income attributable to ordinary shareholders for Q2 2025 was $1.8 million, or $0.03 per share, compared to $0.1 million in Q2 2024 [6] - For the first six months of 2025, net revenues increased by 6.3% to $5.1 million from $4.8 million in the same period of 2024 [7] - Operating income improved to $0.5 million for the first six months of 2025, compared to an operating loss of $0.4 million in the same period of 2024 [9] HybriU Platform Developments - HybriU's net revenues reached $1.2 million in the first half of 2025, compared to no revenues in the first half of 2024 [8] - The company established partnerships with Colorado State University and the University of the West to enhance the phygital learning experience [8] - New HybriU products for corporate applications were launched, including HybriU Conferencing and HybriU Knowledge Capture [8] - The HybriU Global Learning Network was introduced in July to connect U.S. institutions with students worldwide [8] Cash Position - As of June 30, 2025, Ambow maintained cash resources of $11.3 million, consisting of $4.0 million in cash and cash equivalents and $7.3 million in restricted cash [6]