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
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(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.)