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How Is Fintech Chain Growing Revenue 24% While Staying in the Red?
1:13am on Monday 2nd of June, 2025 AEST
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Technology
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How Is Fintech Chain Growing Revenue 24% While Staying in the Red?
1:13am on Monday 2nd of June, 2025 AEST
Key Points
24% revenue growth to RMB55.9 million driven by new SaaS offerings
Net loss narrowed slightly to RMB4.8 million despite rising expenses
Increased labor and R&D costs impacted profitability
Extended receivables and borrowings reflect economic pressures
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