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WiMi Hologram Cloud (WiMi Hologram Cloud) Revenue

: $72.54 Mil (TTM As of Jun. 2023)
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WiMi Hologram Cloud's revenue for the six months ended in Jun. 2023 was $36.97 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $72.54 Mil. WiMi Hologram Cloud's Revenue per Share for the six months ended in Jun. 2023 was $0.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $0.84.

Warning Sign:

WiMi Hologram Cloud Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of WiMi Hologram Cloud was -44.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 14.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 27.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, WiMi Hologram Cloud's highest 3-Year average Revenue per Share Growth Rate was 54.30% per year. The lowest was 14.00% per year. And the median was 46.90% per year.


WiMi Hologram Cloud Revenue Historical Data

The historical data trend for WiMi Hologram Cloud's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WiMi Hologram Cloud Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Revenue
Premium Member Only 32.73 45.51 117.14 146.61 97.87

WiMi Hologram Cloud Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.35 65.56 64.87 35.57 36.97

Competitive Comparison

For the Advertising Agencies subindustry, WiMi Hologram Cloud's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WiMi Hologram Cloud Revenue Distribution

For the Media - Diversified industry and Communication Services sector, WiMi Hologram Cloud's Revenue distribution charts can be found below:

* The bar in red indicates where WiMi Hologram Cloud's Revenue falls into.



WiMi Hologram Cloud Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $72.54 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WiMi Hologram Cloud  (NAS:WIMI) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


WiMi Hologram Cloud Revenue Related Terms

Thank you for viewing the detailed overview of WiMi Hologram Cloud's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description

Traded in Other Exchanges
Address
1st West Dawang Road, Room No.2002, Building A, Wentley Center, Chaoyang, Beijing, CHN, 100020
WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.