ANGELALIGN: 2024 ANNUAL REPORT

Angelalign announced its fiscal year 2024 performance, with total revenue reaching 0.2688 billion USD, a 28.2% year-on-year increase; gross profit grew by 28.7% to 0.1682 billion USD, with a gross margin of 62.6%; net profit increased by 46.6% to 10 million USD, and adjusted net profit was 26.9 million USD. The company plans to distribute a special final dividend of 0.38 HKD per share.During the period, revenue from the China market was 0.1882 billion USD, unchanged from last year; overseas market revenue surged by 290.4% to 80.5 million USD, accounting for 30% of total revenue. In terms of business structure, income from invisible aligner solutions was 0.1796 billion USD, invisible aligner sales revenue was 74 million USD, and income from Other Products and services was 15.2 million USD.In 2023, the company underwent several senior...Show More

Angelalign announced its fiscal year 2024 performance, with total revenue reaching 0.2688 billion USD, a 28.2% year-on-year increase; gross profit grew by 28.7% to 0.1682 billion USD, with a gross margin of 62.6%; net profit increased by 46.6% to 10 million USD, and adjusted net profit was 26.9 million USD. The company plans to distribute a special final dividend of 0.38 HKD per share.During the period, revenue from the China market was 0.1882 billion USD, unchanged from last year; overseas market revenue surged by 290.4% to 80.5 million USD, accounting for 30% of total revenue. In terms of business structure, income from invisible aligner solutions was 0.1796 billion USD, invisible aligner sales revenue was 74 million USD, and income from Other Products and services was 15.2 million USD.In 2023, the company underwent several senior personnel changes, including Mr. Hu Jiezhang transitioning from non-executive Director to Executive Director, CEO, and CTO, and Mr. Huang Kun transitioning to Executive Director and President of International Business. As of the end of the period, the company's cash and cash equivalents totaled 0.2271 billion USD, total Assets were 0.6781 billion USD, and total equity was 0.4802 billion USD.