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WiMi (NASDAQ: WIMI) posts 235.9% 2025 net income jump and higher liquidity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

WiMi Hologram Cloud Inc. filed its annual report on Form 20-F for the year ended December 31, 2025, highlighting sharply improved results. Net income rose to approximately RMB 347.1 million (USD 49.4 million), up RMB 243.8 million or 235.9% from 2024, marking a second consecutive year of profitability.

The company reduced operating expenses to about RMB 147.6 million (USD 21.0 million), a 19.4% decrease from RMB 183.1 million a year earlier, reflecting tighter cost control. Working capital reached roughly RMB 2,611.6 million (USD 371.6 million) as of December 31, 2025, up 105.8% from RMB 1,269.2 million, indicating stronger liquidity and capital reserves.

Positive

  • Surge in profitability: Net income grew by RMB 243.8 million, a 235.9% increase to RMB 347.1 million (USD 49.4 million) for 2025, marking two consecutive profitable years.
  • Stronger balance sheet and cost control: Working capital rose 105.8% to RMB 2,611.6 million, while operating expenses fell 19.4% to RMB 147.6 million, indicating improved liquidity and expense management.

Negative

  • None.

Insights

WiMi shows strong profit growth, lower costs, and much higher liquidity.

WiMi Hologram Cloud Inc. reports net income of RMB 347.1 million for 2025, a RMB 243.8 million increase and a 235.9% jump from 2024. This marks two consecutive profitable years, suggesting its holographic AR-focused model is scaling more efficiently.

Operating expenses fell 19.4% to RMB 147.6 million, indicating meaningful cost discipline alongside growth. At the same time, working capital more than doubled to RMB 2,611.6 million, which the company describes as sufficient cash flow and capital reserves, implying a stronger buffer against business risks.

The combination of higher profitability, lower expenses, and a 105.8% increase in working capital for the period ended December 31, 2025 points to a healthier financial position. Subsequent detailed disclosures in the Form 20-F will give more color on revenue drivers and segment performance.

Net income 2025 RMB 347.1 million (USD 49.4 million) For the year ended December 31, 2025
Net income increase RMB 243.8 million (235.9%) Increase from RMB 103.3 million in 2024 to 2025
Operating expenses 2025 RMB 147.6 million (USD 21.0 million) For the year ended December 31, 2025
Operating expenses change Down RMB 35.4 million (19.4%) Decrease from RMB 183.1 million in 2024
Working capital 2025 RMB 2,611.6 million (USD 371.6 million) As of December 31, 2025
Working capital growth 105.8% increase From RMB 1,269.2 million as of December 31, 2024
Form 20-F regulatory
"announced that it has filed its annual report on Form 20-F for the fiscal year"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
working capital financial
"Moreover, the company’s working capital was approximately RMB 2,611.6 million"
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
holographic AR technical
"a leading hologram augmented reality (“AR”) technology provider"
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
audited consolidate statements financial
"The annual report, which contains the Company’s audited consolidate statements"

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission File Number: 001-39257

 

WiMi Hologram Cloud Inc.

(Registrant’s Name)

 

Room#1508, 4th Building, Zhubang 2000 Business Center, No. 97, Balizhuang Xili,

Chaoyang District, Beijing

The People’s Republic of China, 100020

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒          Form 40-F ☐

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  WiMi Hologram Cloud Inc.
   
  By: /s/ Shuo Shi
  Name:  Shuo Shi
  Title: Chief Executive and Operations Officer

 

Date: April 24, 2026

 

1

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release

 

 

2

 

 

Exhibit 99.1

 

WiMi Files Its Annual Report on Form 20-F

 

BEIJING, April 24, 2026/ - WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading hologram augmented reality (“AR”) technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission (the “SEC”).

 

The company reported that its net income increased by RMB 243.8 million, or 235.9%, from RMB 103.3 million for the year ended December 31, 2024, to RMB 347.1 million (USD 49.4 million) for the year ended December 31, 2025, representing two consecutive years of profitability with substantial profit growth and significantly improved performance.

 

For the year ended December 31, 2025, the company incurred approximately RMB 147.6 million (USD 21.0 million) in operating expenses, representing a decrease of approximately RMB 35.4 million, or 19.4%, from approximately RMB 183.1 million for the year ended December 31, 2024, reflecting outstanding cost-reduction effects, remarkable expense optimization, and enhanced cost control capabilities.

 

Moreover, the company’s working capital was approximately RMB 2,611.6 million (USD 371.6 million) as of December 31, 2025, representing a 105.8% increase from RMB 1,269.2 million as of December 31, 2024. The company maintained sufficient cash flow and capital reserves, demonstrating extremely strong risk resistance capacity.

 

The information disclosed in this press release does not purport to be complete and is qualified in its entirety by reference to the Company’s annual report on Form 20-F. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.wimiar.com/.

 

About WIMI Hologram Cloud Inc.

 

WiMi Hologram Cloud Inc. (NASDAQ: WIMI), whose commercial operations began in 2015, is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. For more information, please visit http://ir.wimiar.com.

 

Safe Harbor / Forward-Looking Statement

 

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

 

Contacts

 

WIMI Hologram Cloud Inc.

Email: pr@wimiar.com

 

FAQ

How did WiMi (WIMI) perform financially in 2025?

WiMi reported net income of about RMB 347.1 million (USD 49.4 million) for 2025. This was an increase of RMB 243.8 million, or 235.9%, over 2024, giving the company two consecutive years of profitability and signaling significantly improved financial performance.

How did WiMi’s operating expenses change in 2025?

WiMi’s operating expenses were approximately RMB 147.6 million (USD 21.0 million) in 2025. That represents a decrease of about RMB 35.4 million, or 19.4%, from RMB 183.1 million in 2024, reflecting notable cost-reduction efforts and improved expense optimization across the business.

What happened to WiMi (WIMI) working capital in 2025?

WiMi’s working capital reached roughly RMB 2,611.6 million (USD 371.6 million) as of December 31, 2025. This was a 105.8% increase from RMB 1,269.2 million a year earlier, and the company states it maintained sufficient cash flow and capital reserves to support operations.

What SEC filings did WiMi submit with these 2025 results?

WiMi filed its annual report on Form 20-F for the year ended December 31, 2025, with the SEC. The company also furnished a Form 6-K that includes a press release summarizing key figures and directs investors to the full audited consolidated financial statements.

Where can investors access WiMi’s 2025 Form 20-F?

Investors can view WiMi’s 2025 Form 20-F on the SEC’s website at sec.gov. The company also hosts the annual report and related information on its investor relations website at http://ir.wimiar.com for easier access to its audited consolidated financial statements.

What business does WiMi Hologram Cloud Inc. focus on?

WiMi Hologram Cloud Inc. focuses on holographic AR technologies and solutions. Its offerings include holographic AR automotive HUD software, 3D holographic pulse LiDAR, holographic semiconductor and cloud software, holographic car navigation, AR advertising, entertainment technologies, and related holographic communication services.

Filing Exhibits & Attachments

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