AcquisitionsApr 21, 2026, 06:02 AM
Youxin Technology's Celnet Reports FY2025 Revenue of $2.8M
AI Summary
Youxin Technology Ltd announced the audited financial results for Celnet Technology Co., Ltd. for fiscal year 2025, following its acquisition of a 51% equity interest in Celnet on October 29, 2025. Celnet reported strong growth, with revenues increasing to $2.8 million and achieving a net income of $0.3 million, a significant improvement from a net loss in the prior year. Youxin Technology believes the acquisition strengthens its enterprise digital transformation capabilities by adding CRM implementation and customer engagement expertise, expanding its customer base and enhancing its SaaS/PaaS offerings.
Key Highlights
- Celnet's FY2025 revenues increased to $2.8 million from $2.1 million in FY2024.
- Gross profit rose to $1.2 million in FY2025 from $0.8 million in FY2024.
- Net income was $0.3 million in FY2025, reversing a $0.2 million net loss in FY2024.
- Basic and diluted EPS reached $0.03 in FY2025, up from a loss of $0.02 in FY2024.