Welcome to our dedicated page for Ihuman news (Ticker: IH), a resource for investors and traders seeking the latest updates and insights on Ihuman stock.
iHuman Inc. reports developments tied to its business as a China-based provider of tech-powered intellectual development products for children. Its updates commonly cover self-directed apps, interactive content, smart devices, and product areas focused on speaking, critical thinking, independent reading, and creativity.
Recurring news also includes quarterly and annual results, average total monthly active users, deferred revenue and customer advances, special cash dividends, annual Form 20-F filings, and product or partnership launches such as Reading Stars. The company’s disclosures often connect product innovation with technologies including 3D engines, AI/AR functionality, and behavioral data analysis.
iHuman Inc. (NYSE: IH), a top childhood edutainment company in China, announced the filing of its annual report on Form 20-F for the year ended December 31, 2020. The report was filed with the U.S. Securities and Exchange Commission on April 28, 2021. This document is accessible via the company’s investor relations website. The firm specializes in interactive learning experiences, leveraging advanced technologies in education and entertainment. iHuman is dedicated to enriching children’s learning through innovative educational products.
iHuman reported robust Q4 2020 results, with total revenues reaching RMB189.5 million (US$29.0 million), marking a 206.4% year-over-year increase. Learning services revenue surged 329.6% to RMB157.3 million (US$24.1 million). Despite a gross profit of RMB132.5 million (US$20.3 million) and a gross margin of 69.9%, operating loss expanded to RMB63.8 million (US$9.8 million). Adjusted net income for the quarter was RMB26.1 million (US$4.0 million), up from an adjusted net loss of RMB6.4 million in Q4 2019. MAUs averaged 12.77 million, up 187.3% year-over-year.
iHuman Inc. (NYSE: IH), a prominent childhood edutainment company in China, has announced it will report its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2020 before U.S. markets open on March 25, 2021. An earnings conference call will be held the same day at 8:00 a.m. ET, with dial-in details provided. iHuman focuses on innovative learning experiences for children, integrating advanced technologies and educational methodologies.
iHuman Inc. (NYSE: IH) reported strong third quarter results for 2020, with total revenues reaching RMB156.9 million (US$23.1 million), a 141.3% increase year-over-year. Revenue from learning services surged 309% to RMB120.7 million (US$17.8 million). Net income grew to RMB10.6 million (US$1.6 million), marking a 303.1% rise. The company saw a significant rise in both monthly active users (MAUs) and paying users, with averages of 11.1 million (up 187.4%) and 1.4 million (up 164.1%), respectively. iHuman expects fourth-quarter revenue between RMB165 million and RMB173 million, indicating strong growth momentum.
iHuman Inc. (NYSE: IH) plans to release its unaudited financial results for the third quarter ended September 30, 2020, on December 2, 2020, before U.S. markets open. The management will host a conference call on the same date at 8:00 a.m. ET for discussion of the financial results. Dial-in details for the call are provided, and a telephone replay will be available until December 9, 2020. iHuman is focused on enhancing childhood education through innovative and interactive edutainment products in China.
iHuman Inc. (NYSE: IH) priced its initial public offering of 7,000,000 American Depositary Shares (ADSs) at US$12.00 each, with trading commencing on the New York Stock Exchange on October 9, 2020. The offering is expected to close on October 14, 2020. If the underwriters do not exercise their over-allotment option, the total gross proceeds are estimated at US$84.0 million, increasing to US$96.6 million if fully exercised. Credit Suisse and Citigroup act as joint bookrunners.