Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Webus International Limited ( (WETO) ).
Webus International Limited reported its unaudited financial results for the six months ended December 31, 2024, on May 9, 2025. The company experienced significant growth in its international business, particularly in North America, Japan-Korea, and the Middle East, which contributed to a 22.1% increase in gross profit and a 33.0% reduction in net loss compared to the previous year. Despite a 28.5% decrease in overall revenue due to a decline in domestic services, the company’s strategic focus on high-margin overseas markets and its successful initial public offering on February 28, 2025, are expected to strengthen its market position and expand its global reach.
More about Webus International Limited
Webus International Limited is a provider of AI-driven mobility solutions, specializing in premium, customizable chauffeur services for travelers worldwide.
Average Trading Volume: 46,417
Find detailed analytics on WETO stock on TipRanks’ Stock Analysis page.