Core Insights - Andar Intelligent (688125.SH) reported a revenue of 343 million yuan for the first half of 2025, representing a year-on-year growth of 9.55% [1][3] - The net profit attributable to shareholders was -58.44 million yuan, with a net profit excluding non-recurring items of -41.32 million yuan [1][3] - The net cash flow from operating activities was -18.86 million yuan [1][3] Financial Performance Summary - **2025 First Half Results**: - Revenue: 343 million yuan, up 9.55% from 313 million yuan in the same period last year [3] - Total profit: -78.25 million yuan, compared to -23.10 million yuan last year [3] - Net profit attributable to shareholders: -58.44 million yuan, down from -12.74 million yuan [3] - Net profit excluding non-recurring items: -41.32 million yuan, down from -16.75 million yuan [3] - Net cash flow from operating activities: -18.86 million yuan, improved from -65.09 million yuan [3] - **2024 Annual Results**: - Revenue: 711 million yuan, a 50.53% increase from 472 million yuan in 2023 [4] - Net profit attributable to shareholders: -3.07 million yuan, a decline of 205.41% from 2.92 million yuan [4] - Net profit excluding non-recurring items: -3.46 million yuan, down 361.65% from 1.32 million yuan [4] - Net cash flow from operating activities: -21.72 million yuan, a decrease of 453.53% from 6.14 million yuan [4] IPO and Fundraising Information - Andar Intelligent raised a total of 1.22 billion yuan through its IPO, with a net amount of 1.12 billion yuan after expenses [5][6] - The final net fundraising amount was 50.64 million yuan less than originally planned [5] - The company issued 20,202,020 shares during its IPO, with China International Capital Corporation as the lead underwriter [5][6]