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
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WIMI
News
- WiMi Researches Consensus Algorithms for Blockchain-based Internet of Things ApplicationsPR Newswire
- WiMi Developed a Decentralized Cloud Manufacturing Model Based on Blockchain(BC)PR Newswire
- WiMi Researches Reinforcement Learning-Based Blockchain Federated Learning Framework to Optimize Model Aggregation Strategy and SecurityPR Newswire
- WiMi Hologram Cloud Inc. Researches Innovative Cloud Service Trust Interaction Framework Based on Blockchain TechnologyPR Newswire
- WiMi is Working on a Blockchain-Enhanced Federal Learning Privacy-Preserving MechanismPR Newswire
WIMI
Sec Filings
- 11/21/24 - Form 6-K
- 10/15/24 - Form 6-K
- 8/26/24 - Form F-3/A
- WIMI's page on the SEC website