Tom: Expected net loss of 660 million to 860 million yuan in 2024
Tom released its annual performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 660 million and 860 million yuan, and a net loss of between 670 million and 870 million yuan after deducting non-recurring gains and losses. In terms of core gaming business, the decline in business revenue and net profit is due to factors such as a decrease in market demand and average transaction value in the advertising business, instability in the overseas economic and political situation, and intensified competition in the advertising market. In the AI innovation business, the company continues to increase R&D investment and plans to launch the Tom AI voice emotional companion robot for sale in late December 2024, but this product has not yet made a significant contribution to the company's revenue and profit. In addition, the company expects to make an asset impairment provision of approximately 760 million to 960 million yuan, mainly related to goodwill and long-term equity investments. For the 2024 fiscal year, the company expects non-recurring gains and losses to be approximately 10 million yuan
