BeijingApril 24, 2026 /PRNewswire/ — Scienjoy Holding Co., Ltd. (hereinafter referred to as “Scienjoy,” Nasdaq stock code: SJ) announced its financial results for the fiscal year ended December 31, 2025.
Fiscal Year 2025 Operational and Financial Highlights
- Revenue was RMB 1,241.6 million (approximately USD 177.5 million), compared to RMB 1,363.4 million in fiscal year 2024.
- Gross profit was RMB 227.2 million (approximately USD 32.5 million), compared to RMB 245.4 million in fiscal year 2024.
- Operating loss was RMB 78.9 million (approximately USD 11.3 million), compared to an operating profit of RMB 40.7 million in fiscal year 2024.
- Net loss was RMB 595.0 million (approximately USD 85.1 million), compared to a net profit of RMB 26.7 million in fiscal year 2024.
- Net loss attributable to the Company’s shareholders was RMB 587.1 million (approximately USD 84.0 million), compared to net profit attributable to the Company’s shareholders of RMB 39.7 million in fiscal year 2024.
- Adjusted net loss attributable to the Company’s shareholders was RMB 579.6 million (approximately USD 82.9 million), compared to adjusted net profit attributable to the Company’s shareholders of RMB 50.3 million in fiscal year 2024.
- As of December 31, 2025, cash and cash equivalents were RMB 307.7 million (approximately USD 44.0 million), an increase of RMB 55.1 million from RMB 252.5 million as of December 31, 2024.
Explanation of Net Loss for Fiscal Year 2025
For the fiscal year ended December 31, 2025, the Company reported a net loss of RMB 595.0 million (approximately USD 85.1 million), primarily driven by several significant non-cash accounting items. These items totaled RMB 712.3 million (approximately USD 101.9 million) but had no impact on the Company’s cash position, liquidity, or ability to continue operations. Key items included credit loss provisions, goodwill impairment, and intangible asset impairment.
Mr. Victor He, Chairman and CEO of Scienjoy, commented: “2025 was a year of sustained execution and significant progress for Scienjoy. Our live streaming business remained steadily profitable and continued to expand globally, fully demonstrating the resilience of our core operations. At the same time, we are accelerating our artificial intelligence strategy. Building on the AI-generated content (AIGC) capabilities of AI Vista, we have further advanced into agentic AI with the launch of AI Vista Live!. This platform targets both B2C and B2B markets, offering real-time interactive AI performances for consumers and scalable enterprise solutions for various industries. With strong core financial performance and robust cash flow, we are confident that Scienjoy is well-positioned to continue investing in the future and creating long-term value for shareholders.”
Mr. Denny Tang, CFO of Scienjoy, added: “In the fourth quarter of 2025, we conducted a prudent assessment of our assets and recorded certain non-cash impairment provisions. These provisions did not impact our core business or cash flow. Excluding the related accounting effects, the Company’s business remained strong, driven by stable operations and continued growth in average revenue per paying user (ARPPU). In fiscal year 2025, our cash and cash equivalents grew by 21.8%, fully reflecting the true strength of our business model. With a robust balance sheet, we are well-equipped to continue investing in AI innovation and global expansion.”
About Scienjoy
Scienjoy Holding Co., Ltd. (Nasdaq: SJ) is a pioneering Nasdaq-listed interactive entertainment leader. Driven by a vision to shape the metaverse lifestyle, the Company leverages artificial intelligence technology to create engaging experiences that connect meaningfully with global audiences, redefining entertainment. For more information, please visit http://ir.scienjoy.com/.
Safe Harbor Statement
Certain statements in this press release are “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, words such as “estimates,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “proposes,” and variations of these words or similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are beyond the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors include: the ability to manage growth; the ability to identify and integrate other future acquisitions; the ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors that adversely affect our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; and the impact of epidemics. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the documents the Company files with the U.S. Securities and Exchange Commission (the “SEC”) from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. Such information is only as of the date of this press release.
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