Beijing eGOVA's Q3 2025 revenue rises, profitability improves

Beijing eGOVA reported a 25.40% increase in Q3 2025 operating revenue to 199,332,232.56 yuan compared to the previous year. While year-to-date operating revenue declined by 25.36% to 520,725,624.11 yuan, the company significantly narrowed its net loss in Q3. Net profit attributable to shareholders improved by 34.88% to a loss of 33,509,545.50 yuan in Q3, and the year-to-date loss stood at 52,202,270.15 yuan, marking a 354.59% decline from the previous year.

Operating cash flow also saw a positive shift, with a 38.60% improvement year-to-date, resulting in a net outflow of 83,471,746.75 yuan. The company attributed the year-to-date revenue decline to tightened government budgets and delayed project procurements and acceptances. However, Q3 performance showed notable recovery, including a 103.47% increase in other current assets and a 100.00% increase in construction in progress.

Beijing eGOVA remains confident in its core business, driven by strong customer demand, enhanced product competitiveness, and supportive government policies for smart city initiatives. The company plans to continue increasing R&D investment and market expansion.