Avit Ltd. (300264.SZ) forecasts a net loss of RMB 45 million to RMB 58 million for the fiscal year 2024.

Avit Ltd. (300264.SZ) released a performance forecast for the year 2024, expecting a net loss attributable to the shareholders of the listed company of 45 million to 58 million yuan for the full year. It is expected to incur a loss of 60 million to 75 million yuan after deducting non-recurring gains and losses. During the reporting period, the company's operating income increased compared to the previous year, but the gross profit margin for the year decreased due to market competition and bidding strategy factors in the system integration business. Operating expenses decreased due to staff reduction and optimization of structure adjustments, and impairments of credit and assets, resulting in a negative net profit for the company in the reporting period; however, the loss has slightly decreased. Non-recurring gains and losses attributable to the shareholders of the listed company are expected to be approximately 19.4 million yuan. Currently, the company has a sufficient number of orders on hand, and multiple software projects are being delivered and accepted, which will have a positive impact on the revenue structure and gross profit margin for 2025. In 2025, the company will continue to focus on opportunities in new projects such as IP video platform transformation for various local operators, ultra-high-definition platforms, Xinchuang cloud, IDC construction, and smart solutions for vertical industries. In addition, the company's new business sector will focus on the development, sales, and operations of content and applications related to outdoor MR large space operations, accelerate the opening of new stores, and collaborate with major scenic spots to create a core IP for comprehensive tourism, bringing new business income and profit growth possibilities to the company. It is expected that the company's future performance will continue to improve.