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Weimob ( (HK:2013) ) has provided an announcement.
Weimob Inc. announced its interim results for the first half of 2025, reporting a total revenue of RMB775 million, a year-on-year decrease of 10.6% due to changes in rebate rates from advertising platforms. However, adjusted revenue increased by 7.8% compared to the previous year. The company saw improvements in gross profit and a significant turnaround in adjusted EBITDA and net earnings, attributed to cost reduction efforts and a focus on core businesses. The company’s financial condition remains healthy with a cash balance of RMB1,574 million.
The most recent analyst rating on (HK:2013) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Weimob stock, see the HK:2013 Stock Forecast page.
More about Weimob
Weimob Inc. operates in the technology sector, focusing on providing Software as a Service (SaaS) and targeted marketing solutions. The company is committed to leveraging AI technology to drive business growth, particularly in e-commerce and retail, helping merchants achieve digital transformation and sustainable growth.
Average Trading Volume: 128,329,164
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.24B
Learn more about 2013 stock on TipRanks’ Stock Analysis page.