Zhibao Technology FY24 Revenue $25.27M Up 29% YoY, EPS $0.06
Portfolio Pulse from Benzinga Newsdesk
Zhibao Technology reported a 29% increase in FY24 revenue to $25.27M and an EPS of $0.06. The company turned a profit from operations, reversing a loss from the previous year. Investments in selling and R&D increased significantly, and the company expanded its B channels and customer base.
November 01, 2024 | 6:33 am
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Zhibao Technology's FY24 results show a strong 29% revenue increase and a shift to operational profitability. The company expanded its B channels and customer base, indicating potential for future growth.
The 29% increase in revenue and shift to operational profitability are positive indicators for Zhibao Technology. The expansion in B channels and customer base suggests continued growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100