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Ucommune FY2025 net revenue fell 66.2% to RMB26 million as net loss narrowed 48.5% to RMB37 million

Reuters
Yesterday
Ucommune FY2025 net revenue fell 66.2% to RMB26 million as net loss narrowed 48.5% to RMB37 million
  • Ucommune published its annual report on Form 20-F for the fiscal year ended Dec. 31, 2025.
  • FY 2025 total net revenue from continuing operations fell 66.2% to RMB26.1 million (USD3.7 million).
  • FY 2025 net loss from continuing operations narrowed 48.5% to RMB36.6 million (USD5.2 million).
  • FY 2025 workspace membership revenue declined 67.1% to RMB22.6 million (USD3.2 million), primarily due to the disposal or closure of self-operated spaces and lower U Partner revenue as the number of spaces decreased and a large customer contract expired.
  • FY 2025 cash and cash equivalents were RMB36.1 million (USD5.2 million), and Ucommune said conditions raised substantial doubt about its ability to continue as a going concern.


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