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Dec 31, 2024
YXT.COM Group Holding Ltd Q4 2024 Earnings Report
YXT.com reported a sharp year-end loss and revenue decline in Q4 2024 as it continued its transition toward large enterprise clients.
Key Takeaways
In Q4 2024, YXT.com experienced a challenging quarter, with revenue dropping to $10.9M and net loss expanding to $10.5M. The company emphasized AI-driven transformation and cost controls, but the topline and adjusted earnings still declined significantly.
Q4 revenue was $10.9M, down from $13.0M in Q4 2023.
Net loss widened to $10.5M in Q4, compared to just $2.1M in the first nine months combined.
Adjusted net loss for Q4 reached $9.8M, reflecting restructuring and strategic investment costs.
Company continues pivot to enterprise clients and rebranded to 'Radnova' for global markets.
Forward Guidance
YXT expects continued margin improvements through AI efficiency and a leaner enterprise-focused model, though revenue may remain pressured short term.
Positive Outlook
- AI-led cost optimization continues to reduce losses
- Transition to enterprise accounts is progressing
- Gross margin improved to 61.8%
- Adjusted expenses down across all departments
- Healthy cash balance of $57M provides operational cushion
Challenges Ahead
- Revenue decline due to CEIBS deconsolidation and reduced small customer base
- Adjusted net loss remains substantial at $9.8M
- Customer count declined significantly year over year
- IPO-related and restructuring expenses still weigh on performance
Historical Earnings Impact
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Avg. Return Before/After Earnings
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