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0 0.0138461538461539 0.0126373626373627 0.0316483516483517 0.0138461538461539 0.0216483516483517 0.0326373626373627 -0.0110989010989012
Stock impact report

WiMi Hologram Cloud Inc. reports H1 2024 revenue and profit growth, significant cash reserve improvement

WiMi Hologram Cloud Inc. - American Depositary Share (WIMI) 
Company Research Source: PR Newswire
BEIJING, Oct. 15, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider,  today announced its unaudited financial results for the six months ended June 30, 2024.Financial Highlights for the Six Months Ended June 30, 2024Our total revenues increased by approximately RMB 26.1 million, or 10%, from approximately RMB 264.8 million for the six months ended June 30, 2023 to approximately RMB 290.8 million (USD 40.8 million) for the six months ended June 30, 2024.Our AR service revenue increased by approximately RMB 36.0 million, or 14%, from approximately RMB 254.8 million for the six months ended June 30, 2023 to approximately RMB 290.8 million (USD 40.8 million) for six months ended June 30, 2024.Our net income/loss increased from approximately RMB 18.4 million of net loss for the six months ended June 30, 2023 to approximately RMB 12.3 million (USD1.7 million) of net income for the si Show less Read more
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