Cheer Holding, Inc. (CHR.US) announces full-year financial performance for 2024.

On March 10, Cheer Holding, Inc. (CHR.US) announced the annual financial performance report audited as of December 31, 2024. The total revenue was $147 million, with platform and digital business revenue of $136 million, accounting for 92.26%; media content service revenue of $11.4 million, accounting for 7.74%; net profit of $25.97 million; and net cash flow from operating activities of $22.88 million. 2024 Annual Business Operation Report: As of December 31, 2024, the total installation volume of YooXiang's various mobile applications was 523 million, a year-on-year growth of 11.2%, including: YooLingxi AI - Total installed users: 12.05 million, a year-on-year growth of 826%. - Average monthly active users: 2.53 million, a year-on-year growth of 743%. - Annual user monthly visit volume: 3.35 million. YooXiang Home Life - Total installed users: 436 million, a year-on-year growth of 6.34%. - Average monthly active users: 52.33 million, a year-on-year growth of 4.41%. - Average daily usage time: 59.5 minutes, a year-on-year growth of 0.51%. YooXiang Mall - Total installed users: 60.71 million, a year-on-year growth of 13.52%. - Average monthly active users: 6.89 million, a year-on-year growth of 6.16%. - Repurchase rate: 39.7%, a year-on-year growth of 0.25%. - GMV for the year: $485 million, a year-on-year growth of 1.04%. Yuejing (Yaoxia TTX) - Total installed users: 14.51 million, a year-on-year growth of 57.89%. - Average monthly active users: 1.41 million, a year-on-year growth of 6.4%. - Issued IP art collections: 25,856, a year-on-year growth of 2191%. YooXiang Data API - Total API interface calls for the year: 61 million. - Daily API interface calls for the year exceeded 450,000. In 2024, the company maintained stable operations, continuously optimized product structure, enhanced core competitiveness, and exhibited strong resilience in the high-quality development of various business lines. The company's launch of the Beichenxing Yue model and YooLingxi AI application tools, through continuous breakthroughs in technical innovation and application capabilities, led to significant growth in the user base and monthly activity of users using YooLingxi AI products, with an increase in paying users. The company will continue to stabilize and expand the development of existing businesses, drive revenue growth across all business lines with AI technology, and expand the application scope of the metaverse space platform. The company will increase investment in AI technology and product applications, expand its business in the AI commercial application market, and take important actions in the field of intelligent Siasun Robot & Automation and humanoid Siasun Robot & Automation AI technology applications, firmly executing strategic focus, continuing to deepen AI technology research and development, and innovation applications, seizing growth opportunities for the future. In terms of innovation in AI business commercial application models, the company is the first to use self-developed Beichenxing Yue model and multimodal YooLingxi AI application tools, continuously providing Chinese historical classic works such as "Water Margin," "Strange Stories from a Chinese Studio," and "Shan Hai Jing" AI series national animation short films and animated series for the vast domestic content consumption market, Its unique innovative form has been successful, meeting the diverse content consumption needs of young users, injecting new vitality into the prosperity of the Chinese cultural media industry, becoming a new paradigm in the industry, and gaining a good market influence. In 2024, the company obtained multiple national invention patents, and has been continuously recognized by the state as a high-tech, specialized and innovative enterprise, fully affirming the company's technological innovation, research and development capabilities, and industry leadership. As a technology-driven technology company, it will continue to focus on the construction of a digital economic ecosystem integrating "platform + application + technology + industry," and adhere to sustainable and scalable company development driven by technology. GMTEight understands that Cheer Holding, Inc. is a leading domestic new generation mobile internet infrastructure and platform services provider, focusing on building a digital ecosystem integrating "platform + application + technology + industry," and is committed to creating a new web3.0 open business system integrating AI technology. The company owns leading domestic Beichenxing Yue model, Yoolingxi AI multimodal AGI application tool platform, Yooxiang home life, Yooxiang mall, Yaoxia TTX, Yooxiang open platform, Yooxiang car interconnection CheerCar, YooChat, Yooxiang fresh matching, Digital Innovation Institute, AI series animation short films, Yoo series program clusters, IP short video matrix, network variety and drama series, etc., providing the market with diverse application scenarios including "online + offline," and "virtual + reality." Cheer Holding, Inc. is committed to the digital industry ecosystem construction centered on "YooXiang +," insisting on innovative product applications and technology-driven sustainable and scalable company development.