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Youzan Technology (8083) investor relations material
Youzan Technology H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a turnaround to profitability in 2025, with net profit of RMB 163 million versus a net loss of RMB 165.8 million in 2024, driven by revenue growth and cost optimization.
Revenue reached RMB 1.49 billion, up 3.1% year-over-year, mainly due to growth in merchant solutions, partially offset by a decline in subscription solutions.
GMV reached RMB 103.0 billion in 2025, with Store SaaS GMV accounting for 52% and growing 3% year-over-year; average sales per merchant increased 6%.
Focused on larger merchants, AI commercialization, and enhancing solution capabilities to drive future growth.
Financial highlights
Adjusted EBITDA rose 81% year-over-year to RMB 184 million.
Net profit margin was 11% in 2025, compared to a -11% loss margin in 2024.
Gross profit was RMB 984.4 million, up 0.6% year-over-year; gross margin decreased to 66.2% from 67.8%.
ARPU for 2025 was RMB 28,159, up 9% year-over-year.
No final dividend recommended for 2025.
Outlook and guidance
Strategies for 2026 focus on accelerating revenue growth while maintaining profit margins.
Plans to accelerate AI application implementation and commercialize AI capabilities.
Deepening customer-centric strategies to drive future growth.
- Revenue fell 5.2% while adjusted EBITDA and operating profit improved; no interim dividend.8083
H1 202410 Dec 2025 - Net profit rebounded to RMB73 million on 4% revenue growth, led by merchant solutions.8083
H1 202510 Dec 2025 - Adjusted EBITDA soared 288% YoY as GMV hit RMB102.8B and revenue stayed steady.8083
H2 20245 Jun 2025
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