iHuman swings to quarterly loss as revenue and app usage decline
iHuman ($IH) reported second-quarter revenue of RMB173.4 million, down from RMB210.9 million a year earlier, and an operating loss of RMB20.8 million versus an RMB18.3 million operating profit. The net result moved to an RMB17.5 million loss from an RMB30.7 million profit. Average total monthly active users fell to 20.72 million from 23.97 million. The deterioration points to weaker monetization and operating leverage in the educational-app business, even as the company expands its product portf
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