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POMDOCTOR LIMITED Announces First Half of Fiscal 2025 Unaudited Financial Results

  • Pomdoctor Limited reported unaudited financial results for the six months ended June 30, 2025, showing a 16.2% increase in net revenue to RMB174.5 million (US$24.4 million) from RMB150.2 million in the prior period.
  • Net loss for the first half of 2025 was RMB19.9 million (US$2.8 million), an increase from RMB14.0 million in the same period of 2024.
  • Gross profit rose 16.3% to RMB28.3 million (US$4.0 million), maintaining a stable gross profit margin of 16.2%.
  • Online-pharmacy revenue surged 83.2% to RMB66.4 million (US$9.3 million), contributing significantly to the overall growth in Internet hospital revenues which increased 82.4% to RMB67.2 million.
  • Sales and marketing expenses increased 11.6% to RMB27.8 million due to higher doctor service fees and staff costs, partially offset by reduced advertising spending.
  • General and administrative expenses jumped 53.5% to RMB10.5 million, primarily driven by consultancy and professional service fees related to the company's initial public offering.
  • The company completed its IPO in October 2025, selling 5,750,004 ADSs at US$4.00 per share for gross proceeds of US$23.0 million before expenses.
  • Cash and cash equivalents decreased to RMB5.7 million as of June 30, 2025, compared to RMB7.7 million as of December 31, 2024.
  • Net cash used in operating activities was RMB15.0 million for the six months ended June 30, 2025, compared to RMB10.6 million in the prior year period.
  • Net loss per share (basic and diluted) was RMB11.45 (US$1.60) for the six months ended June 30, 2025, compared to RMB10.58 in the same period of 2024.
  • The gross profit margin for the Internet hospital business declined to 40.5% from 44.7% due to increased sales of lower-margin pharmacy products, while the pharmaceutical supply chain margin fell to 1.1% from 6.9%.