Core Viewpoint - YSX TECH. CO., LTD reported strong revenue growth for fiscal year 2025, primarily driven by its auto insurance aftermarket value-added services, despite facing margin pressures from lower-priced services [3][4][5]. Financial Performance - Total revenue increased by approximately $12.9 million, or 22.0%, to approximately $71.5 million for the fiscal year ended March 31, 2025, compared to approximately $58.5 million in the previous fiscal year [4][5]. - Revenue from auto insurance aftermarket value-added services rose approximately 39.1% to approximately $63.4 million, accounting for about 88.7% of total revenue [5][9]. - Service volume in this segment increased by approximately 24.6%, reaching approximately 4.72 million calls [5][9]. - Gross profit rose approximately 6.1% to approximately $7.39 million, while gross margin narrowed to approximately 10.3% from 11.9% [7][10]. - Net income decreased by approximately 11.9% to approximately $4.0 million from approximately $4.6 million in the previous fiscal year [10][20]. Cost Structure - Cost of revenue increased by approximately $12.5 million, or 24.2%, to approximately $64.1 million, driven by higher subcontract costs for value-added services [6][19]. - Total operating expenses increased by approximately 31.9% to approximately $2.6 million, with general and administrative expenses rising approximately 37.6% [8][19]. Cash Position - Cash and cash equivalents were approximately $7.1 million as of March 31, 2025, compared to approximately $4.3 million as of March 31, 2024 [11]. Market Position - The company successfully completed its initial public offering on December 19, 2024, raising total gross proceeds of approximately $5 million [12].