+349.59% in 2024 Full Year
+56.94% 2025 YTD
Earnings is out.
Another "Eye-Blinding Earnings" report that beat the crap out of street expectations.
The focus, the huga mama focus, remains in the overseas (i.e. outside of Mainland China) contribution to the revenue which I have been following closely in its development since last year.
This is the growth engine, that Pop Mart started to report in 2022, that hugely expand its TAM.
To illustrate how crazy is the growth of this overseas segment, I did up a simple Excel Bar Chart. The bright green is the contribution to the revenue.
+375% yoy Overseas growth!
Talking about solid fundamentals? The overall picture:
Revenue +106.9%
Net Profit +185.9%
PM% +550 basis points to 66.8%, ath!
Chartwise, there was a pre-earnings fear (together with the general weakness in the market) yesterday, which push the price down to the prior high volume open gap area of $125, which I took the chance of buying back the 1/3 which I recently trimmed.
Great fundamentals drive strong charts.
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