Newlink Technology reported Q4 2024 revenue of 77.96 million CNY, up 22.25% year over year, reflecting ongoing demand for its big data analytics and AI-enabled software solutions in China. However, the company posted a negative operating margin of 33.87% and a net loss of 18.62 million CNY for the quarter, underscoring persistent profitability challenges despite top-line growth. On the balance sheet, Newlink entered the period with ample liquidity and a net cash position, supporting a credible investment in research and development and strategic initiatives even as it invests to scale its product offerings. While quarterly profitability remains negative, the firm’s robust cash flow from operations and strong liquidity provide a runway to pursue AI- and healthcare-focused growth opportunities, contingent on improving operating leverage and execution discipline. Management commentary is not publicly transcribed in the provided data; as such, quotes from the earnings call are not available in this analysis.