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iHuman Inc. (NYSE: IH) is a leading provider of childhood edutainment products and services headquartered in Beijing, China. Founded in 1996, the company offers a blend of interactive and self-directed learning experiences through applications such as iHuman Chinese, iHuman English World, and iHuman Magic Math. Additionally, iHuman provides both physical and digital learning materials, as well as smart learning devices, aiming to make intellectual development an enjoyable journey for children.
iHuman's core business revolves around delivering high-quality educational content powered by cutting-edge technologies including AI, AR, and big data analytics. The company's primary revenue stream comes from subscription fees for premium content in its online applications, with a significant portion of income originating from mainland China.
Recent financial reports indicate a robust performance, with a notable growth in both revenue and user engagement. For example, the company recorded an average of 25.36 million monthly active users (MAUs) in Q3 2023, a 22.9% increase year-over-year. The company also saw substantial international market traction, especially through its app Aha World, which has climbed the ranks to be among the top children's apps in both the US and Europe.
iHuman continues to expand its portfolio by integrating new features and content to enhance user experience and engagement. Recent updates include innovative modules like “AI Talk” and “Creative Zone” within their apps, aimed at nurturing children's logical thinking and creativity. International efforts are bolstered by new product launches such as Gogo Town and strategic partnerships, including collaborations with Post & Telecom Press to create a diverse range of high-quality content for young readers.
The company has also extended its share repurchase program through December 2024, reflecting confidence in its financial health and business outlook. As of Q3 2023, iHuman reported a cash reserve of RMB1,174.2 million (approximately USD 160.9 million), underscoring its strong financial position.
iHuman's commitment to social responsibility is evident through its active participation in educational initiatives like the Hour of Code. The company recently published its first ESG report, highlighting its efforts toward environmental sustainability and social equity.
Looking forward, iHuman aims to continue leveraging its technological prowess and expanding its product offerings to maintain a balanced growth trajectory while creating value for shareholders and enriching the learning experiences of children worldwide.
iHuman Inc. (NYSE: IH) reported strong financial results for Q4 and FY 2022. Q4 revenues hit a record RMB260.7 million (US$37.8 million), up 9.6% YoY. Gross profit rose to RMB181.0 million (US$26.2 million), showing a 9.8% increase. Operating income turned positive at RMB39.1 million (US$5.7 million), a turnaround from a loss of RMB10.6 million last year. Full-year revenues were RMB985.5 million (US$142.9 million), a 4.3% rise from 2021. Net income also improved significantly to RMB109.8 million (US$15.9 million). The average monthly active users (MAUs) increased by 35.9% YoY to 22.22 million. The company ended 2022 with a strong cash position of over RMB1 billion.
iHuman Inc. (NYSE: IH) reported its Q3 2022 financial results, revealing revenues of RMB251.5 million (US$35.4 million), a slight decline from RMB259.0 million year-over-year. However, the company achieved record-high operating income of RMB38.5 million (US$5.4 million) and net income of RMB39.5 million (US$5.5 million), a turnaround from losses in the same period last year. Average monthly active users rose 16.7% to 20.63 million. The company is focused on product-driven growth with successful international expansions, including the launch of new educational apps.
iHuman Inc. (NYSE: IH) reported its Q2 2022 results, revealing revenues of RMB230.6 million (US$34.4 million), up 4.2% year-over-year. Gross profit rose 5.8% to RMB163.2 million (US$24.4 million) with a gross margin of 70.8%. Notably, operating income turned positive at RMB22.6 million (US$3.4 million) vs. a loss last year. Net income surged to RMB21.8 million (US$3.3 million) compared to RMB1.9 million in Q2 2021. MAUs increased to 18.20 million, a 17.6% rise. The company also debuted the Bekids brand for international markets, expanding its reach and product offerings.
iHuman Inc. (NYSE: IH) reported its unaudited financial results for Q1 2022, showing revenues of RMB242.7 million (US$38.3 million), a 7.1% year-over-year increase. Gross profit rose to RMB169.9 million (US$26.8 million), up 5.4%. Operating income surged 209.7% to RMB11.3 million (US$1.8 million), and net income increased 83.6% to RMB13.1 million (US$2.1 million). Average MAUs reached 18.39 million, marking a 14.1% growth. iHuman aims to expand its product offerings and enhance user experience while exploring international markets.
iHuman Inc. (NYSE: IH) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission on April 29, 2022. The report is accessible on the Company's investor relations website, and hard copies will be provided free of charge to shareholders and ADS holders upon request. iHuman specializes in tech-powered intellectual development products in China, aiming to enhance children's cognitive skills while offering support to parents. The firm leverages advanced technologies to create interactive educational tools.
iHuman Inc. (NYSE: IH) reported its fourth quarter and fiscal year 2021 results, highlighting a strong revenue increase. Q4 revenues reached RMB237.8 million (US$37.3 million), up 25.5% year-over-year, while online subscriptions surged to RMB220.8 million (US$34.7 million), a 40.4% rise. Annual revenues totaled RMB944.7 million (US$148.2 million), marking a 77.6% increase, with online subscriptions growing by 93.4%. Despite reporting an operating loss of RMB10.6 million (US$1.7 million) for Q4, the company significantly reduced net losses from RMB53.8 million in Q4 2020 to RMB7.9 million in Q4 2021.
iHuman Inc. (NYSE: IH) reported its third quarter 2021 financial results, showcasing strong revenue growth yet operating and net losses. Total revenues reached RMB259.0 million (US$40.2 million), up 65.1% year-over-year, driven by a significant 82.7% increase in online subscription revenues. However, the company faced an operating loss of RMB43.9 million (US$6.8 million) and a net loss of RMB38.2 million (US$5.9 million). The board authorized a US$10 million share repurchase program to enhance shareholder value.
iHuman Inc. (NYSE: IH) reported its Q2 2021 financial results, achieving RMB221.3 million (US$34.3 million) in total revenues, marking a 105.9% year-over-year increase. Online subscription revenues surged 110.1% to RMB199.2 million (US$30.9 million). Gross profit reached RMB154.3 million (US$23.9 million), up 109.5%, with a gross margin of 69.7%. However, the company faced an operating loss of RMB3.5 million (US$0.5 million), compared to an operating income of RMB8.4 million last year. Net income fell to RMB1.9 million (US$0.3 million), down from RMB7.2 million in Q2 2020.
iHuman Inc. (NYSE: IH) reported strong Q1 2021 financial results, with total revenues of RMB226.7 million (US$34.6 million), a 190.6% increase year-over-year. Learning services drove a 232.7% revenue growth to RMB191.9 million (US$29.3 million). Gross profit reached RMB161.3 million (US$24.6 million) with a gross margin of 71.1%. The company achieved net income of RMB7.1 million (US$1.1 million), recovering from a loss in the prior year. iHuman expects Q2 revenues between RMB217 million to RMB227 million, reflecting a 102% to 111% annual increase.
iHuman Inc. (NYSE: IH), a prominent childhood edutainment company in China, will announce its unaudited financial results for Q1 2021 on June 8, 2021, before U.S. markets open. This announcement will be followed by an earnings conference call at 8:00 a.m. EDT (8:00 p.m. Beijing/Hong Kong). Investors can join via various international dial-in numbers. The results may provide insights into the company's financial health and future growth potential in the competitive edutainment sector.
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