GOGOX Holdings Reports 17.3% Decline in Gross Profit and 37.0% Widening of Net Loss for H1 2025; Adjusted Net Loss Rises 120%

GOGOX Holdings Ltd. reported its interim results for the six months ended June 30, 2025. Gross profit for the period was RMB93.3 million, down 17.3% from RMB112.7 million in the same period last year. The company posted a loss before income tax of RMB114.6 million, compared to a loss of RMB84.0 million in the prior-year period, representing an increase of 36.4%. The loss for the period was RMB113.6 million, up 37.0% from RMB82.9 million a year earlier. On a non-IFRS basis, adjusted net loss was RMB74.5 million, an increase of 120.0% from RMB33.8 million in the first half of 2024. Adjusted EBITDA was negative RMB63.8 million, compared to negative RMB21.2 million in the same period last year. Management stated that adjusted net loss and adjusted EBITDA exclude share-based compensation expenses and impairment of goodwill to provide additional insight into underlying operating performance. The report noted that impairment of goodwill and share-based compensation expenses are treated as non-recurring or non-cash items in these calculations. GOGOX continues to focus on connecting customers and drivers through its digital platform, with features including real-time tracking and transparent pricing. The company remains committed to simplifying intra-city logistics in Asia using technology. No outlook or guidance was included in the interim results. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GOGOX Holdings Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here