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Jianpu Technology Inc. Reports First Half Year 2025 Financial Results

Jianpu Technology Inc., a prominent player in China’s open financial technology sector, recently unveiled its unaudited financial performance for the first half of 2025, showcasing remarkable growth across various metrics.

In this period, Jianpu witnessed its total revenues soar by an impressive 29.9%, reaching RMB 557.6 million (approximately USD 77.8 million), compared to RMB 429.2 million during the same term the previous year. The significant revenue jump is attributed to a robust demand for the company’s services, especially within the recommendations sphere.

Revenue Breakdown

The revenue from recommendation services demonstrated exceptional growth, increasing by 52.7% to RMB 442.4 million (USD 61.8 million) from RMB 289.7 million in the first half of 2024. This surge was largely influenced by heightened loan application volumes, although it's noted that the company's decision to phase out credit card recommendation services in April 2025 had a slight offsetting effect.

Conversely, revenues from digital intelligence as a service rose by 38.3% to RMB 51.6 million (USD 7.2 million), driven primarily by an expanded customer base venturing into enhanced digital solutions. On the other hand, revenues generated from marketing and other services underwent a decline of 37.7%, landing at RMB 63.7 million (USD 8.9 million). This drop was mainly the result of the deconsolidation of Anguo in the latter half of 2024 and the termination of several non-core operations initiated earlier this year.

Expenses and Profitability

Notably, the cost of promotion and acquisition experienced a 37.0% rise, totaling RMB 338.5 million (USD 47.2 million), paralleling the increased revenue from its loan recommendation activities. Additionally, operating expenses surged by 41.3%, reaching RMB 39.7 million (USD 5.5 million), signifying increased costs associated with data collection necessary to support digital intelligence initiatives.

Despite these upward trends in costs, Jianpu's operating income saw a monumental increase of 216.5%, reaching RMB 26.9 million (USD 3.8 million) compared to RMB 8.5 million in the first half of 2024. The operating income margin also improved significantly from 2.0% to 4.8%, thanks in no small part to the company’s commitment to business optimization.

Net Income and Future Outlook

The net income for Jianpu dropped to RMB 19.1 million (USD 2.7 million) from RMB 28.9 million year-on-year, marking a net income margin of 3.4%. This decline can be largely attributed to the unrealized loss of RMB 12.9 million (USD 1.8 million) in crypto assets value. However, the adjusted net income of RMB 29.3 million (USD 4.1 million) indicates a solid performance when accounting for one-time adjustments, slightly up from RMB 24.3 million the prior year.

As of June 30, 2025, Jianpu possessed cash and equivalents amounting to RMB 651.7 million (USD 91.0 million), while also maintaining a solid working capital of approximately RMB 451.8 million (USD 63.1 million), despite decreased cash reserves compared to the previous year.

Conclusion

Overall, the financial results reflect Jianpu Technology Inc.'s successful navigation through a competitive market, underscoring its pivotal role in the financial technology landscape. With a strategic focus on optimizing operations and an eye on expanding its customer base, Jianpu is poised for continued growth as it reshapes the future of financial services in China and beyond. The company’s trajectory suggests a promising path forward as it innovates within the fintech sector, leveraging its platforms to offer comprehensive digital solutions.

For those keen on corporate financial performance, Jianpu's future initiatives and adaptability stand as intriguing focal points in an ever-evolving landscape.