据证券之星公开数据整理，近期汤姆猫(300459)发布2025年中报。根据财报显示，汤姆猫净利润同比下 降141.34%。截至本报告期末，公司营业总收入4.63亿元，同比下降19.62%，归母净利润-3032.69万元， 同比下降141.34%。按单季度数据看，第二季度营业总收入2.16亿元，同比下降22.35%，第二季度归母 净利润-3327.5万元，同比下降396.05%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率86.59%，同比减2.31%，净利率-6.89%， 同比减154.24%，销售费用、管理费用、财务费用总计3.28亿元，三费占营收比70.9%，同比增27.6%， 每股净资产0.59元，同比减32.73%，每股经营性现金流0.02元，同比减51.93%，每股收益-0.01元，同比 减150.0% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 5.76亿 | 4.63亿 | -19.62% | | 归母净利润(元) | 7335.84万 | -3032.69万 | -141.34% ...

Group 1: Game Development and Revenue Growth - The in-app purchase revenue from the Tom Cat family IP games saw year-on-year growth of 27% in April and 24% in May [3] - The company is focusing on the development of new in-app monetization products, including "Jin Jie Cat Enlightenment Garden" and "Tom Cat Town," which are expected to further increase in-app revenue [3] - A new virtual pet game, "Tom Cat Mobilization 2," is set to launch in 2025, aiming to expand the user base and market influence [3] Group 2: AI Robot Sales Performance - The sales of Tom Cat AI robots have shown significant growth, with transaction volumes increasing by 137%, 96%, and 163% from March to May [4] - The company is expanding its offline sales channels, with the AI emotional companion robot now available in over 30 airport stores and other retail locations [4] Group 3: AI Robot Collaboration and Development - The company is collaborating with Yushu Technology on a robotic dog project, integrating voice control capabilities with the Tom Cat AI robot [6][5] - The AI robot's features include advanced movement capabilities and emotional support, targeting applications in elder care and home companionship [6] Group 4: Market Outlook and Competitive Advantages - A survey by Tencent Research Institute predicts the AI companionship market will reach a scale of 100 billion by 2027, highlighting the advantages of AI companionship over traditional methods [7] - The Tom Cat AI robot has several innovative features, including long-term memory and proactive interaction, enhancing user engagement [8] - The product leverages the Tom Cat IP, which has a large global fan base, and utilizes a specialized emotional support model for voice interaction [8][9] Group 5: Future Product Development Plans - The company has conducted over 480 updates to the first-generation Tom Cat AI emotional companion robot since December, indicating rapid iteration [10] - Future plans include launching AI robots with different IP characters, portable models, and AI solutions for data security and low-latency applications [10] Group 6: Programmatic Advertising Business - The company’s subsidiary, Aurion11, is exploring the commercialization of programmatic advertising services using machine learning and big data analytics [12] - Aurion11 aims to enhance advertising monetization for mobile application clients, currently engaging with potential clients in the gaming industry [12]