Loading...
•
Jun 30
Scienjoy Q2 2025 Earnings Report
Scienjoy reported lower revenues and net income in Q2 2025, impacted by fewer paying users and investment revaluation losses.
Key Takeaways
Scienjoy’s Q2 2025 revenue declined to $48.7M, with net income falling to $3.2M. Despite higher gross margin, profitability was weighed down by lower paying users and unfavorable investment fair value changes. Adjusted EPS came in slightly stronger due to cost control.
Revenue was $48.7M, down from $52.3M last year.
Net income fell to $3.2M from $4.7M in Q2 2024.
Gross margin improved to 18.2% from 17.3% despite lower gross profit.
Paying users decreased to 165,239 from 189,860 last year.
Scienjoy
Scienjoy
Scienjoy Revenue by Segment
Revenue by Segment
Livestreaming Consumables Revenue
CapyFin.comLivestreaming Time-based Revenue
CapyFin.comTech & Other Services Revenue
CapyFin.com Forward Guidance
Scienjoy expects to continue scaling its live streaming and AI-driven businesses, focusing on high-quality users, new content formats, and global expansion.
Positive Outlook
- Gross margin improved despite lower revenue.
- Cash reserves increased to $41.7M, strengthening liquidity.
- Expansion of AI Vista platform with growing user engagement.
- Focus on high-quality user retention and content innovation.
- Commitment to global expansion and AI-powered offerings.
Challenges Ahead
- Revenue declined due to fewer paying users.
- Net income dropped sharply year-over-year.
- Investment fair value losses negatively impacted results.
- Foreign exchange losses offset previous gains.
- Competitive pressure in China’s live streaming market reduced user base.
Revenue & Expenses
Visualization of income flow from segment revenue to net income