So-Young International ( (SY) ) has released its Q1 earnings. Here is a breakdown of the information So-Young International presented to its investors.
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So-Young International Inc. is a leading aesthetic treatment platform in China that connects consumers with both online services and offline treatments, offering a comprehensive approach to aesthetic care.
In its latest earnings report for the first quarter of 2025, So-Young International reported a total revenue of RMB297.3 million, marking a decrease from the previous year. Despite this, the company experienced significant growth in its branded aesthetic centers, which contributed to a substantial increase in aesthetic treatment services revenue.
Key financial highlights include a net loss of RMB33.1 million, an increase from the previous year’s net loss. The company also saw a notable rise in the number of verified paid visits and aesthetic treatments performed, indicating strong operational performance. The number of active users grew significantly, and the company expanded its supply chain solutions for injectables.
Looking ahead, So-Young’s management remains optimistic about the company’s growth trajectory, emphasizing the strategic expansion of its aesthetic centers and the integration of its subsidiary to enhance capabilities. The company anticipates continued revenue growth in aesthetic treatment services in the upcoming quarter.