WiMi Hologram Cloud Reported H1 2025 Net Income Growth Of 926% YoY To $17.6M, Cash Balance Of $445.6M
Benzinga Newsdesk 1 year ago
EarningsNews
WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi"or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced its financial results for the first half of 2025, showcasing
WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi"or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced its financial results for the first half of 2025, showcasing a dramatic 926% year-over-year increase in net income, rising from RMB 12.3 million in the first half of 2024 to RMB 126.3 million (USD 17.6 million) in the first half of 2025.
As of June 30, 2025, WIMI Hologram Cloud maintained strong liquidity, with cash, cash equivalents, and short-term investments totaling RMB 3.1896 billion (USD 445.6 million), reflecting a 183% year-over-year increase.