iHuman's Q3 revenue falls on lower newborn population

Reuters
Yesterday
iHuman's Q3 revenue falls on lower newborn population

Overview

  • China's tech-powered learning provider's Q3 revenue fell yr/yr due to lower newborn population

  • Company maintained profitability for 15th consecutive quarter

  • Company extended share repurchase program through December 2026

Outlook

  • iHuman to prioritize investment in innovation and technology

  • Company sees strategic expansion to serve older age cohorts

Result Drivers

  • DECLINE IN NEWBORNS - Revenue and MAUs decreased due to a decline in China's newborn population and conservative consumer spending

  • PRODUCT INNOVATION - Co focused on product innovation and expanding offerings to older age groups, enhancing iHuman English and launching new products like iHuman AI Pal

  • EXPANDED MARKET REACH - Co expanded into smart home and in-vehicle systems, broadening user access to its products

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

RMB 205.80 mln

Q3 Gross Margin

68.30%

Q3 Gross Profit

RMB 140.60 mln

Q3 Operating Expenses

RMB 124 mln

Press Release: ID:nPn1tHZtCa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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