Xiao-I Corporation Announces Strong 2024 Results: Revenue Up 19% with Path to Profitability in 2025

Provided By PR Newswire

Last update: May 15, 2025

Profitability Roadmap: Efficiency and Discipline

SHANGHAI, May 15, 2025 /PRNewswire/ -- Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a global leader in artificial intelligence solutions, today announced selected audited financial results for the year 2024, highlighting approximately $70.31 million in revenue, representing a 18.8% year-over-year growth, a gross profit margin (GPM) improvement of 2 percentage points, and a significant narrowing of net loss to $14.55 million. These results position the Company to achieve profitability in 2025.