Youxin Technology Ltd serves as a cloud-native provider of Software as a Service (SaaS) and Platform as a Service (PaaS) solutions, operating within Mainland China. Its offerings are specifically crafted to empower retail enterprises in their digital transformation journeys, allowing them to develop, deploy, and manage essential business applications critical for their offline direct distribution channels. These solutions effectively unify key stakeholders – including management teams, distributors, salespersons, stores, and end customers – by integrating them across diverse systems, applications, and devices. Ultimately, the company's products aim to optimize the entire supply chain, resulting in streamlined decision-making, enhanced operational efficiency, and improved profitability. Youxin Technology distributes its solutions through both direct sales to clients and via third-party agents. Established in 2018, the company maintains its headquarters in Guangzhou, People's Republic of China.
Youxin Technology Ltd Reports First Half of Fiscal Year 2026 Financial Results
Youxin Technology reported fiscal H1 2026 revenue of $1.88 million, a 444% increase year-over-year, driven primarily by the consolidation of Celnet Technology and growth in CRM services.
Gross profit rose 496% to $0.77 million, boosting gross margin to 41%, though the company recorded a net loss of $1.87 million amid rising operating expenses.
Cash and cash equivalents decreased significantly to $4.55 million from $9.91 million in the prior period, with financial statements noting retroactive adjustments for recent 1-for-80 and 1-for-5 reverse stock splits.