Yidu Technology Reports H1 FY2025 Results: Adjusted EBITDA Remains Positive, Mid-Year Profitability Nears Full-Year FY2024 Level

On November 21, Yidu Cloud (2158.HK) released its interim results for the 2025 fiscal year.

For the six months ended September 30, 2024, Yidu Cloud continuedAdhere to the "Focus" Strategy, achieving total revenue of RMB 329 million. During the period, the net loss narrowed to RMB 56.36 million,Year-on-year reduction in losses by 29.2%. The net cash outflow from operating activities, after excluding the impact of insurance premiums and insurance claim payments collected and paid on behalf of third parties, narrowed by 10.8% year-on-year,Continuous Optimization and Improvement of Cash Flow. Furthermore, according to official announcements, the Company’s adjusted EBITDA under its current business management scope has remained profitable, exceeding RMB 27 million, following a turnaround from loss to profit in the previous fiscal year.Interim profit levels have basically reached parity with the full fiscal year 2024.。

As a leading player in China's AI healthcare industry, Yidu Cloud has continued to invest in artificial intelligence technologies during the reporting period, particularly in the research and development and commercialization of its self-developed large language model for the medical vertical, while promoting the implementation of AI in specific scenarios. Since May#1 on MedBench Benchmarkafter, announced on September 28 byYidu Cloud’s Large Language Model Ranks First Again in the National Health Commission’s Evaluation of Triage Capabilities

Currently, Yidu Cloud's large language model has been widely applied across multiple business scenarios, including healthcare, pharmaceuticals, and insurance.

Specifically, Yidu Cloud released “Data Middle Platform + AI Middle Platform“Dual-middle-platform solution, while providing data governance services, offers specialized foundational medical vertical-domain models and a complete zero-code toolchain, shortening the distance from data to intelligent application value. In the field of scientific research,”Empowerment by Large Language Models Further Consolidates the Company’s Market Position as the Leading Brand in Clinical Research, leveraging the large language model’s capabilities in medical record comprehension and structured extraction of key information to significantly enhance the efficiency of hospital-based scientific research. Furthermore, “Happy Health Tech,” a personal health advisor mini-program developed based on Yidu Cloud’s proprietary large language model, is deeply integrated with the “Huimin Bao” (inclusive commercial health insurance) business. By utilizing advanced generative AI technologies and multimodal understanding capabilities, it provides exclusive services—including health records and health follow-ups—to over 5 million “Huimin Bao” users of the company.

In terms of news, Yidu CloudRecent Surge in Major Contract WinsYidu Cloud, a subsidiary of Yidu Tech, signed a contract with the Second Affiliated Hospital of Chongqing Medical University for the construction of a basic data platform for smart hospital financial services and related data services (Phase I), with a total project value of RMB 12.6 million. Additionally, it won the bid for the Health and Medical Big Data Platform project in the Tianjin Binhai New Area Economic-Technological Development Area, with a total project value of approximately RMB 21.76 million. It is reported that this project also incorporates large-model-based intelligent consultation services.