BeijingApril 24, 2026 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (hereinafter referred to as “WiMi Hologram” or the “Company”), a leading global technology provider, today announced that it has submitted its annual report on Form 20-F for the fiscal year ended December 31, 2025, to the U.S. Securities and Exchange Commission (“SEC”).
The Company reported that its net revenue increased from RMB 103.3 million for the year ended December 31, 2024, to RMB 347.1 million (USD 49.4 million) for the year ended December 31, 2025, an increase of RMB 243.8 million, representing a year-over-year growth of 235.9%. This marks the second consecutive year of profitability for the Company, with significant profit growth and substantial improvement in performance.
As of December 31, 2025, the Company’s operating expenses were approximately RMB 147.6 million (USD 21.0 million), a decrease of approximately RMB 35.4 million, or 19.4%, compared to RMB 183.1 million as of December 31, 2024. This reflects the Company’s notable achievements in cost control, with significant improvements in cost optimization and expense management capabilities.
Additionally, as of December 31, 2025, the Company’s working capital was approximately RMB 2,611.6 million (USD 371.6 million), an increase of 105.8% compared to RMB 1,269.2 million as of December 31, 2024. The Company has maintained ample cash flow and capital reserves, demonstrating strong resilience against risks.
About WiMi Hologram
WiMi Hologram’s NASDAQ stock code is WiMi. WiMi Hologram focuses on holographic cloud services, primarily in professional fields such as automotive AR holographic HUD, 3D holographic pulse LiDAR, head-mounted light field holographic devices, holographic semiconductors, holographic cloud software, holographic car navigation, metaverse holographic AR/VR devices, and metaverse holographic cloud software. It covers multiple aspects of holographic AR technology, including holographic automotive AR technology, 3D holographic pulse LiDAR technology, holographic visual semiconductor technology, holographic software development, holographic AR virtual advertising technology, holographic AR virtual entertainment technology, holographic AR SDK payment, interactive holographic virtual communication, metaverse holographic AR technology, and metaverse virtual cloud services. The Company is a comprehensive holographic cloud technology solution provider. For more information, please visit http://ir.wimiar.com.
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