WiMi’s Quantum Leap Amid Financial Paradox

WiMi Hologram Cloud has delivered a stunning financial performance for the first half of 2025, reporting a net profit explosion of 926% that reached $17.6 million. This remarkable achievement, however, unfolds against a contradictory backdrop of sharply declining revenue, which contracted by 35% during the same period. The market’s initial response to these mixed results and a simultaneous quantum computing announcement was notably cautious, with shares edging down 0.4% in yesterday’s trading session.

The holographic technology specialist reported net earnings of 126.3 million yuan for the six-month period, representing an extraordinary 926% surge compared to the previous year. On a per-share basis, profits skyrocketed from 0.78 yuan to 10.32 yuan. This dramatic profitability improvement masks underlying challenges, as the company’s top line collapsed from 290.82 million yuan to... Read more...