According to Golden Finance, Meitu recently disclosed its 2023 performance, achieving revenue of approximately 2.696 billion yuan, a year-on-year increase of 29.27%; adjusted net profit attributable to shareholders was 370 million yuan (excluding the impact of cryptocurrency impairment write-backs, etc.), a year-on-year increase of 233.2%. However, Meitu is still losing money in cryptocurrency investment. In 2023, Meitu's investments in Bitcoin and Ethereum lost 170 million yuan and 94.8 million yuan, respectively, and in 2022, they lost 198.2 million yuan and 86.6 million yuan, respectively.
Meitu said that the company's total revenue and net profit growth were mainly due to the growth of its main business revenue driven by AI.