The latest announcement is out from U-BX Technology Ltd. ( (UBXG) ).
On April 18, 2025, U-BX Technology Ltd. released its unaudited financial results for the six months ended December 31, 2024, revealing a significant decrease in revenue from $29.3 million in 2023 to $17.3 million in 2024, a 41% decline. Despite this, the company remains focused on expanding its customer base and enhancing its platform to capture more market share in the insurance technology sector. U-BX Technology Ltd. plans to pursue strategic acquisitions and investments to strengthen its competitive position and expects the digitization of the insurance industry to increase demand for its AI-driven solutions.
More about U-BX Technology Ltd.
U-BX Technology Ltd., incorporated in the Cayman Islands, operates primarily in the insurance industry, providing artificial intelligence-driven technology services. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to insurance carriers and brokers, helping them gain visibility on social media and assess risks for underwriting auto insurance. U-BX Technology Ltd. serves over 300 city-level property and auto insurance carriers in China, including major corporations like the People’s Insurance Company of China and China Life Property Insurance Co., Ltd.
YTD Price Performance: 4.61%
Average Trading Volume: 33,116
Technical Sentiment Signal: Strong Buy
Current Market Cap: $32.99M
See more data about UBXG stock on TipRanks’ Stock Analysis page.