Quantum Song recently released its unaudited financial performance for the second quarter of fiscal year 2024 as of December 31, 2023. According to the financial report, Quantum Song's revenue reached 980.5 million yuan? Coins increased by 24.7% year-on-year. The net profit was 107.6 million yuan, and the adjusted profit was 103.9 million yuan, both exceeding 100 million yuan for the first time. Among them, personal online learning service revenue increased by 24.1% year-on-year, reaching 873.6 million yuan; The revenue of other businesses increased by 493 times year-on-year, reaching approximately RMB 49.3 million. As of December 31, 2023, the cumulative registered users of Quantum Song reached 112.4 million.
Li Peng, founder and chairman of Quantum Song Group, said that in addition to continuously striving to drive revenue growth and optimize cost efficiency, he is also actively seeking new measures to help expand his business and achieve business diversification.
Quantum Song Group is an adult personal interest online learning service provider, mainly providing online financial literacy knowledge learning. On January 25, 2023, Quantum Song Group went public on NASDAQ in the United States, becoming the first Chinese company to list on the US stock market in 2023.