Weimob (2013) investor relations material

Executive summary

• Revenue rose 12.1% year-over-year to RMB869.4 million, driven by AI Application and Targeted Marketing growth.

• Gross profit increased 5.1% to RMB612.1 million, but gross margin declined to 70.4% due to higher AI-related costs.

• Loss for the period widened to RMB181.6 million, mainly due to one-off share-based compensation and tax effects.

• Adjusted EBITDA was RMB56.3 million, and adjusted net profit remained positive at RMB4.8 million.

• Operating cash outflow was RMB397 million, reflecting short-term capital needs for channel expansion.

Financial highlights

• SaaS and AI revenue grew 5.4% to RMB461.4 million; AI Application revenue surged 89.2% year-over-year.

• Targeted Marketing revenue increased 20.9% to RMB408 million, with gross margin up to 94.0%.

• Gross margin for SaaS and AI dropped to 49.5% from 62.6% year-over-year.

• Adjusted EBITDA margin was 6.5%, and adjusted net margin attributable to equity holders was 2.7%.

• Cash and bank balances stood at RMB1,995 million as of June 30, 2026.

Outlook and guidance

• Focus remains on advancing AI Native solutions, omni-channel operations, and international expansion.

• Plans to launch new AI-powered products and deepen integration with WeChat and other platforms.

• Continued investment in computing power and organizational AI adoption to drive efficiency.