iHuman Inc. Announces Third Quarter 2024 Unaudited Financial Results
Financial Performance: iHuman Inc. reported a revenue of RMB239.4 million (US$34.1 million) for Q3 2024, a decrease from the previous year, with net income dropping to RMB25.1 million (US$3.6 million). Despite this, the company achieved a record-high average total monthly active users (MAUs) of 29.12 million, reflecting a 14.8% year-over-year increase.
Product Development and Market Strategy: The company launched new products like "iHuman Chinese Reading" and expanded its content library through partnerships, enhancing user engagement and market presence both domestically and internationally. They also opened an experience center in Guangdong Province to showcase their educational offerings to institutions.
Trade with 70% Backtested Accuracy
Analyst Views on IH
About IH
About the author
iHuman Reports Q3 Revenue of RMB 205.8 Million, Marks 15th Consecutive Quarter of Profitability
- Revenue Performance: iHuman reported Q3 revenues of RMB 205.8 million (approximately $28.9 million), down from RMB 239.4 million in the same period last year, primarily due to a decline in China's newborn population and cautious consumer spending, highlighting challenges in the market environment.
- User Engagement Decline: Average monthly active users (MAUs) stood at 26.13 million, a decrease from 29.12 million year-over-year, reflecting pressure on user growth and the need for enhanced user retention and market expansion strategies.
- Cost Control: The cost of revenues for the quarter was RMB 65.1 million, down from RMB 75.5 million in the prior year, indicating improved operational efficiency, as the company maintained a relatively stable gross margin of 68.3% despite the revenue decline.
- Sustained Profitability: iHuman reported a net income of RMB 21.6 million (approximately $3.0 million), down from RMB 25.1 million year-over-year, yet the achievement of 15 consecutive quarters of profitability demonstrates the company's resilience and potential for sustainable growth in an uncertain market.
iHuman Reports Q3 Revenue of RMB 205.8 Million Amid User Decline
- Revenue Decline: iHuman's Q3 revenue stood at RMB 205.8 million (approximately $28.9 million), reflecting a 14.0% decrease from RMB 239.4 million in the same period last year, primarily due to a declining newborn population and cautious consumer spending in China.
- User Engagement Drop: The average monthly active users (MAUs) for the quarter were 26.13 million, down 10.3% from 29.12 million last year, largely attributed to the reduction in the newborn population affecting user base expansion.
- Sustained Profitability: Despite the revenue drop, iHuman reported its 15th consecutive quarter of profitability with a net income of RMB 21.6 million (approximately $3.0 million), demonstrating robust operational execution and a solid financial foundation.
- Strategic Investment Expansion: The company plans to continue investing in innovation and technology, particularly by expanding its offerings into the smart home ecosystem, aiming to enhance market reach and user touchpoints through partnerships with well-known electric vehicle brand NIO.
Incredible Health Reaches 1.5 Million Nurses, AI Hiring Tools Significantly Enhance Efficiency
- Nurse Milestone: Incredible Health's career marketplace now boasts 1.5 million nurses, representing half of active nurses in the U.S., highlighting the company's critical role in addressing the healthcare labor shortage.
- AI Hiring Innovation: The introduction of AI voice agents Gale and Lyn has optimized job searching for nurses and hiring processes for employers, reducing hospital hiring times from 90 days to under 20 days, significantly enhancing recruitment efficiency.
- Industry Collaboration Expansion: Gale and Lyn were developed in partnership with five leading health systems, ensuring the effectiveness and adaptability of AI hiring tools, which further drives the healthcare industry's acceptance of AI solutions.
- Strategic Vision Realization: With an increasing number of nurses trusting AI for career support, Incredible Health is building an AI-powered infrastructure to tackle future recruitment challenges in the healthcare sector, ensuring patients receive exceptional care.
iHuman Inc. Releases Unaudited Financial Results for Q2 2025
Financial Performance: iHuman Inc. reported revenues of RMB200.2 million (US$27.9 million) for Q2 2025, a decrease from RMB215.1 million in the same period last year, while net income rose to RMB31.9 million (US$4.5 million) compared to RMB24.7 million in Q2 2024.
Product Innovations: The company introduced new features in its flagship app, iHuman Chinese, including photo recognition for Chinese characters and a speaking feature for pronunciation feedback, alongside a major upgrade to its Aha Makeover app, enhancing user engagement through interactive storytelling.
Strategic Partnerships: iHuman established a partnership with Cricket Media to launch the Reading Stars app, aiming to enhance its presence in the U.S. education market and leverage Cricket's extensive library for digital learning.
Long-term Growth Strategy: The company is focusing on expanding its global footprint and entertainment content through its animation studio, Kunpeng, while integrating AI to improve operational efficiency and user experience, positioning itself for sustainable growth.
iHuman Reports Non-GAAP EPADS of $0.08 and Revenue of $27.94 Million
Q2 Financial Performance: iHuman reported a Non-GAAP EPADS of $0.08 for Q2, with revenue of $27.94 million, reflecting a 5.6% decrease year-over-year.
User Engagement Metrics: The average total monthly active users (MAUs) for the second quarter were 23.72 million, down from 24.57 million in the same period last year.
iHuman and Cricket Media Team Up to Launch Reading Stars
Launch of Reading Stars: iHuman Inc. and Cricket Media have launched Reading Stars, an app that combines Cricket's award-winning content with iHuman's technology to create an engaging reading experience for children, available globally.
Interactive Learning Features: The app offers personalized reading journeys with mini-books, quizzes, and games, encouraging active exploration and skill reinforcement, while also allowing children to build a virtual city as they progress in their reading.
iHuman Reports Q3 Revenue of RMB 205.8 Million, Marks 15th Consecutive Quarter of Profitability
- Revenue Performance: iHuman reported Q3 revenues of RMB 205.8 million (approximately $28.9 million), down from RMB 239.4 million in the same period last year, primarily due to a decline in China's newborn population and cautious consumer spending, highlighting challenges in the market environment.
- User Engagement Decline: Average monthly active users (MAUs) stood at 26.13 million, a decrease from 29.12 million year-over-year, reflecting pressure on user growth and the need for enhanced user retention and market expansion strategies.
- Cost Control: The cost of revenues for the quarter was RMB 65.1 million, down from RMB 75.5 million in the prior year, indicating improved operational efficiency, as the company maintained a relatively stable gross margin of 68.3% despite the revenue decline.
- Sustained Profitability: iHuman reported a net income of RMB 21.6 million (approximately $3.0 million), down from RMB 25.1 million year-over-year, yet the achievement of 15 consecutive quarters of profitability demonstrates the company's resilience and potential for sustainable growth in an uncertain market.
iHuman Reports Q3 Revenue of RMB 205.8 Million Amid User Decline
- Revenue Decline: iHuman's Q3 revenue stood at RMB 205.8 million (approximately $28.9 million), reflecting a 14.0% decrease from RMB 239.4 million in the same period last year, primarily due to a declining newborn population and cautious consumer spending in China.
- User Engagement Drop: The average monthly active users (MAUs) for the quarter were 26.13 million, down 10.3% from 29.12 million last year, largely attributed to the reduction in the newborn population affecting user base expansion.
- Sustained Profitability: Despite the revenue drop, iHuman reported its 15th consecutive quarter of profitability with a net income of RMB 21.6 million (approximately $3.0 million), demonstrating robust operational execution and a solid financial foundation.
- Strategic Investment Expansion: The company plans to continue investing in innovation and technology, particularly by expanding its offerings into the smart home ecosystem, aiming to enhance market reach and user touchpoints through partnerships with well-known electric vehicle brand NIO.
Incredible Health Reaches 1.5 Million Nurses, AI Hiring Tools Significantly Enhance Efficiency
- Nurse Milestone: Incredible Health's career marketplace now boasts 1.5 million nurses, representing half of active nurses in the U.S., highlighting the company's critical role in addressing the healthcare labor shortage.
- AI Hiring Innovation: The introduction of AI voice agents Gale and Lyn has optimized job searching for nurses and hiring processes for employers, reducing hospital hiring times from 90 days to under 20 days, significantly enhancing recruitment efficiency.
- Industry Collaboration Expansion: Gale and Lyn were developed in partnership with five leading health systems, ensuring the effectiveness and adaptability of AI hiring tools, which further drives the healthcare industry's acceptance of AI solutions.
- Strategic Vision Realization: With an increasing number of nurses trusting AI for career support, Incredible Health is building an AI-powered infrastructure to tackle future recruitment challenges in the healthcare sector, ensuring patients receive exceptional care.
iHuman Inc. Releases Unaudited Financial Results for Q2 2025
Financial Performance: iHuman Inc. reported revenues of RMB200.2 million (US$27.9 million) for Q2 2025, a decrease from RMB215.1 million in the same period last year, while net income rose to RMB31.9 million (US$4.5 million) compared to RMB24.7 million in Q2 2024.
Product Innovations: The company introduced new features in its flagship app, iHuman Chinese, including photo recognition for Chinese characters and a speaking feature for pronunciation feedback, alongside a major upgrade to its Aha Makeover app, enhancing user engagement through interactive storytelling.
Strategic Partnerships: iHuman established a partnership with Cricket Media to launch the Reading Stars app, aiming to enhance its presence in the U.S. education market and leverage Cricket's extensive library for digital learning.
Long-term Growth Strategy: The company is focusing on expanding its global footprint and entertainment content through its animation studio, Kunpeng, while integrating AI to improve operational efficiency and user experience, positioning itself for sustainable growth.
iHuman Reports Non-GAAP EPADS of $0.08 and Revenue of $27.94 Million
Q2 Financial Performance: iHuman reported a Non-GAAP EPADS of $0.08 for Q2, with revenue of $27.94 million, reflecting a 5.6% decrease year-over-year.
User Engagement Metrics: The average total monthly active users (MAUs) for the second quarter were 23.72 million, down from 24.57 million in the same period last year.
iHuman and Cricket Media Team Up to Launch Reading Stars
Launch of Reading Stars: iHuman Inc. and Cricket Media have launched Reading Stars, an app that combines Cricket's award-winning content with iHuman's technology to create an engaging reading experience for children, available globally.
Interactive Learning Features: The app offers personalized reading journeys with mini-books, quizzes, and games, encouraging active exploration and skill reinforcement, while also allowing children to build a virtual city as they progress in their reading.
