Here Group Q4 FY26 net loss widens to RMB 169.6 million; revenue rises 94.1% to RMB 127.7 million year over year
Bitget2026/09/22 09:00- Here Group posted Q4 FY2026 revenue of RMB 127.7 million, up 94.1% year over year and down 22.5% quarter over quarter.
- Net loss from continuing operations widened to RMB 169.6 million from RMB 21.8 million a year earlier and RMB 34.1 million in the prior quarter.
- Basic and diluted net loss from continuing operations per ordinary share was RMB 1.07, versus RMB 0.12 a year earlier and RMB 0.21 previously.
- Results included a RMB 124.1 million goodwill impairment tied to the Letsvan acquisition; remaining goodwill was RMB 63.5 million at June 30, 2026.
- The board authorized a US$ 20 million ADS buyback running July 1, 2026 to June 30, 2027; about US$ 0.7 million was repurchased by Sept. 16.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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