36Kr Holdings Inc Adr Class A ( (KRKR) ) has released its Q2 earnings. Here is a breakdown of the information 36Kr Holdings Inc Adr Class A presented to its investors.
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36Kr Holdings Inc., a leading platform serving New Economy participants in China, has released its unaudited financial results for the first half of 2025. The company is known for its high-quality content offerings and business services, including online advertising, enterprise value-added services, and subscription services.
In the first half of 2025, 36Kr Holdings reported total revenues of RMB93.2 million, a decrease from RMB102.4 million in the same period of 2024. Despite the revenue decline, the company achieved a significant improvement in profitability, with a net loss of RMB4.8 million, down from RMB95.9 million in the previous year. The company also saw a 10% increase in its follower base, reaching 36.6 million followers by the end of June 2025.
Key financial metrics highlighted a gross margin increase to 54.4%, up from 44.4% in the first half of 2024, driven by strategic workforce optimization and cost control measures. Operating expenses were reduced by over 50%, contributing to the narrowed net loss. Revenues from online advertising, enterprise value-added, and subscription services all saw declines, attributed to strategic adjustments and macroeconomic pressures.
Looking ahead, 36Kr Holdings remains focused on deepening its content offerings and expanding its product and service range. The company plans to leverage AI technology to enhance its competitive edge and drive sustainable growth. Management is committed to further improving operational efficiency and exploring new commercialization opportunities.
Overall, 36Kr Holdings is poised to navigate the evolving market landscape with strategic initiatives aimed at fostering long-term value creation for its stakeholders.