Update: FinVolution Q4 Adjusted Profit, Revenue Rise; Board Authorizes $150 Million Share Buyback, Raises Dividend

, MT Newswires -  8:12 AM ET 3/18/2025 Company News

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08:12 AM EDT, 03/18/2025 (MT Newswires) -- (Updates with share repurchase program and annual dividend in the headline and final paragraphs.)

FinVolution ( FINV ) reported a Q4 non-GAAP net profit late Monday of 2.74 Chinese renminbi ($0.38) per diluted American depositary share, up from 2.04 renminbi a year earlier.

Revenue for the quarter ended Dec. 31 was 3.46 billion, up from 3.22 billion renminbi a year earlier.

Analysts' estimates were not readily available for comparison.

For 2025, the company expects revenue of 14.4 billion renminbi to 15 billion renminbi. Analysts surveyed by FactSet expect 14.26 billion renminbi.

The company's board authorized a new share repurchase program of up to $150 million, including American depositary shares, from March 20, 2025, to March 19, 2027.

The board also increased the company's annual dividend to $0.277 per American depositary share from $0.237. The dividend is payable May 7 to shareholders of record as of April 16.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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