Summary by Moomoo AI
NEWLINK TECH's revenue for the year 2024 increased by 13.6% to 0.279 billion yuan, with gross profit rising by 4.9% to 38.87 million yuan. Revenue from Software Development services accounted for 87.2%, reaching 0.243 billion yuan, a year-on-year growth of 35.5%. However, due to a substantial increase in R&D expenses by 69% to 71.52 million yuan and other factors, the annual loss widened by 33.4% to 93.02 million yuan.The company continues to increase its investment in R&D, adding 31 new software copyrights in 2024, with a total of 234 software copyrights. During the period, the completion of new share placement raised a net amount of 43.6 million HKD to supplement operation funds. Net cash inflow from operating activities was 24 million yuan, representing a year-on-year increase of 116.2%, indicating an...Show More
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