Ucommune International Ltd Reports First Half 2025 Financial Results

Ucommune International Ltd announced its unaudited financial results for the first half of fiscal year 2025. The company reported a 30.1% decrease in revenue to RMB65.0 million (US$9.1 million) compared to the same period last year. Despite the revenue decline, gross profit improved to RMB4.0 million (US$0.6 million) from a gross loss of RMB1.6 million in the previous year. Operating loss decreased to RMB12.2 million (US$1.7 million) from RMB25.7 million, and net loss from continuing operations was RMB9.1 million (US$1.3 million), down from RMB49.2 million. The company also reported adjusted net loss (non-GAAP) of RMB15.0 million (US$2.1 million) and adjusted EBITDA (non-GAAP) loss of RMB11.3 million (US$1.6 million). Ucommune continues to face challenges with recurring operating losses and negative working capital, raising substantial doubt about its ability to continue as a going concern. The company is focusing on transitioning to an asset-light model and exploring new business opportunities to improve profitability.