• SOGP reports Q2 2025 revenue of RMB1,357.7m ($189.5m), up 47% YoY
• Net income of RMB67.6m ($9.4m) compared to net loss of RMB36.5m in Q2 2024
• Average total mobile MAUs for H1 2025 at 30.4 million, down from 35.7 million in H1 2024
• Digital data revenue growth drives SOGP's return to profitability
• CEO Jinnan Lai attributes success to "solid revenue growth" and operational improvements
Sound Group Inc. (NASDAQ: SOGP), a global audio-centric social and entertainment company, has reported robust financial results for the second quarter of 2025. The company announced that its Q2 2025 revenue reached RMB1,357.7 million (US$189.5 million), marking a 47% year-over-year (YoY) increase. This strong performance is a significant turnaround from the previous year, where the company reported a net loss of RMB36.5 million in Q2 2024.
The company's net income for Q2 2025 was RMB67.6 million (US$9.4 million), which is a substantial improvement compared to the net loss of RMB36.5 million in Q2 2024. This return to profitability was driven primarily by the growth in the company's digital data revenue, which has been a key driver for the company's operational improvements.
The average total mobile monthly active users (MAUs) for the first half of 2025 stood at 30.4 million, a decrease from 35.7 million in the first half of 2024. However, the company attributes this decrease to strategic operational improvements aimed at enhancing user engagement and content offerings.
CEO Jinnan Lai commented on the company's performance, stating, "For the six months ended June 30, 2025, we delivered solid revenue growth and a return to profitability through outstanding strategic execution. We continued to enhance user engagement by enriching our interactive experiences and further expanding our audio entertainment business’s content ecosystem."
The company's gross margin improved to 29% in Q2 2025 from 27% in the same period last year, indicating a more efficient cost structure. The company also approved a US$4 million share repurchase program and declared a special cash dividend of US$1 per ADS.
Looking ahead, Sound Group Inc. is well-positioned to continue its growth trajectory, with a strong balance sheet and a focus on operational efficiency and new growth opportunities.
References:
[1] https://www.stocktitan.net/news/SOGP/sound-group-inc-reports-first-half-of-2025-unaudited-financial-8vey5ebmj1rm.html
Comments
No comments yet