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Title: CaoCao Inc. Releases 2025 Results - Achieves First Positive Adjusted Profit in Q4
On March 27, CaoCao Inc. (stock code: 02643.HK) released its 2025 annual results announcement. As of December 31, 2025, the Company’s services covered 195 cities nationwide. During the reporting period, the Company recorded revenue of RMB20.2 billion, representing a year-on-year increase of 38%.The company’s profitability improved markedly. During the period, gross margin rose by 1.3 percentage points from 8.1% in 2024 to 9.4%; net loss narrowed substantially by 50.8% year-on-year; and net cash generated from operating activities increased by 60.3% year-on-year, indicating a notable enhancement in cash generation capability. The Company achieved positive adjusted net profit for the first time in the fourth quarter of 2025, marking a milestone breakthrough as it embarks on a path of profitable growth.The announcement data shows that in 2025, CaoCao Mobility’s average monthly active users reached 41.3 million, up 43.9% year-on-year, while average monthly active drivers reached 631,000, up 35.4% year-on-year. The platform’s economies of scale continued to strengthen, laying a solid foundation for sustainable growth in the future.AI has become a core engine for improving the quality and efficiency of the CaoCao Mobility’s operations. According to the announcement, “CaoCao Brain”, its operational decision-making system, has continuously optimized algorithms using AI technologies to enhance dispatching efficiency, thereby driving improved profitability.The transformation to Robotaxi has been fully accelerated. Leveraging its three-in-one development strategy of “intelligent purpose-built vehicles + intelligent driving technology + intelligent operations”, the Company has become one of the few global technology mobility platforms with full Robotaxi capabilities. In February 20...
This press release is issued by King Newswire