WiMi Hologram Cloud Reports Financial Turnaround in 2024

The latest update is out from WiMi Hologram Cloud ( (WIMI) ).

On April 22, 2025, WiMi Hologram Cloud Inc. announced the filing of its annual report for the fiscal year ending December 31, 2024, with the SEC. The company reported a significant financial turnaround, moving from a net loss of RMB 510.4 million in 2023 to a net income of RMB 103.3 million in 2024. This improvement is attributed to effective operational strategies and strong management. Additionally, WiMi experienced a substantial increase in cash and short-term investments, rising by 148% to RMB 1.92 billion, positioning the company for future growth and innovation.

Spark’s Take on WIMI Stock

According to Spark, TipRanks’ AI Analyst, WIMI is a Neutral.

WiMi Hologram Cloud is currently facing significant financial challenges, with unstable profitability and cash flows. While technical indicators suggest some positive momentum, valuation metrics and lack of earnings call insights add to the risk profile. The stock requires cautious evaluation amid its operational hurdles.

To see Spark’s full report on WIMI stock, click here.

More about WiMi Hologram Cloud

WiMi Hologram Cloud Inc., established in 2015, is a leading provider of holographic cloud solutions, focusing on advanced holographic augmented reality (AR) technologies. The company offers a diverse range of products and services, including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, and holographic semiconductor technologies. WiMi’s market focus includes automotive applications, entertainment, advertising, and interactive communication, leveraging its expertise in holographic AR technologies.

YTD Price Performance: -75.68%

Average Trading Volume: 808,255

Technical Sentiment Signal: Strong Buy

Current Market Cap: $130.2M

For detailed information about WIMI stock, go to TipRanks’ Stock Analysis page.