OS Latest Report

Performance Review

Based on the financial data provided, OneStream (stock code: OS) recorded a total operating revenue of RMB132,475,000 (~RMB132.5 million) as of December 31, 2024, up 29.1% from RMB102,594,000 (~RMB102.6 million) as of December 31, 2023. This growth indicates a significant improvement in the company's operating revenue, possibly reflecting increased market demand or improved sales performance of its products/services.

Key Financial Data

1. OneStream's total operating revenue grew by 29.1%, demonstrating enhanced competitiveness in the market.

2. The number of customers increased to nearly 1,400, up 21% year-on-year, further proving the strong market demand.

3. In 2024, OneStream launched new products based on Microsoft's AI-Hub platform, enhancing its intelligent financial management capabilities.

4. The overall economic environment's improvement may also have a positive impact on OneStream's operating revenue.

5. Other industry companies also generally experienced revenue growth, indicating an overall positive trend in the industry.

Peer Comparison

1. Industry-wide analysis: In the financial management and enterprise resource planning (ERP) industry, the accelerated digital transformation has driven market demand growth. In 2024, many companies reported revenue growth, indicating an overall positive trend in the industry, which also benefited OneStream's operating revenue growth.

2. Peer evaluation analysis: OneStream's 29.1% operating revenue growth rate is relatively high in the current market environment, demonstrating its competitiveness and market share improvement. Although other industry companies are also experiencing similar growth, OneStream's performance may be better than some competitors due to its unique product advantages and market positioning.

Conclusion

In summary, OneStream's operating revenue growth in 2024 mainly benefited from increased market demand, optimized sales strategies, new product launches, and an expanded customer base. These factors collectively contributed to the company's performance improvement, indicating its growing competitiveness in the industry.

Opportunities

1. Continue to expand the customer base, especially in emerging markets.

2. Leverage its newly launched AI-Hub platform to enhance product competitiveness and attract more customers.

3. Seize growth opportunities brought by the industry recovery with the improvement of the overall economic environment.

4. Continuously innovate products to meet changing market demands.

5. Utilize the trend of digital transformation to further enhance operational efficiency and customer satisfaction.

Risks

1. Intensified competition may put pressure on operating revenue growth.

2. Economic fluctuations may affect customer spending, which in turn affects company revenue.

3. Failure to adapt to market changes or customer needs in a timely manner may lead to a loss of market share.

4. Lags in technology updates and product development may affect the company's market position.

5. Dependence on specific industries or customers may increase revenue volatility.