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Kayou Updates Prospectus: 2024 Revenue Exceeds 100 Billion Yuan, Margins and Growth Rates Surpass POP MART

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Kayou Limited updated its IPO prospectus, reporting 2024 revenue of 10.059 billion yuan and adjusted net profit of 4.466 billion yuan, up 378.16% year-on-year. The company holds a 71.1% market share in China's trading card sector with a 67.3% gross margin, ranking second only to MINISO and POP MART in scale. AI-generated

Why it matters:Kayou's updated prospectus shows revenue exceeding 10 billion yuan, with margins and growth rates surpassing POP MART, reflecting the high-growth potential of the trading card market.

EarningsCards/TCGPOP MARTKayou

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