Revenue Growth
The company achieved a GAAP revenue of RMB 7.36 billion for the full year 2024, up 24% year-on-year. Fourth quarter revenue was RMB 1.82 billion, up 15% year-on-year.
User Growth
Average verified monthly active users (MAU) on the BOSS Zhipin app increased by 28% year-on-year to 52.7 million in Q4 2024, and MAU for the full year reached 53 million, representing a 25.3% year-on-year increase.
Profitability
Adjusted net income for the full year 2024 was RMB 2.71 billion, up 26% year-on-year, with an adjusted operating income growth of 41% year-on-year.
AI Integration
The company successfully integrated AI features into its app, improving job seeker interaction and recruiter efficiency, and AI-driven interview coaching was introduced.
Share Repurchase
The company repurchased approximately $229 million worth of shares in 2024, accounting for 3.7% of total outstanding shares, demonstrating confidence in long-term growth.