Flowing Cloud Technology Swings to Deep Loss as AR&VR Headwinds Mount
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Flowing Cloud Technology Ltd. reported a significant loss in 2025, with revenue down 21.2% to RMB783.9 million and a pre-tax loss of RMB365.6 million, attributed to challenges in China's AR&VR market. Despite these setbacks, the company continues to focus on AR&VR marketing services and has launched a custom AI software platform to enhance its offerings. The latest analyst rating for the stock (HK:6610) is a Hold with a price target of HK$1.50, and the current market cap stands at HK$150.8 million.
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