- Planet Image International Limited reported a **net loss of US$8.0 million** for the six months ended June 30, 2025, a significant decline from the net income of US$4.3 million in the prior year period.  **[1868395_0001213900-25-088184_ea025717101ex99-2_planet.htm:1]** **[1868395_0001213900-25-088184_ea025717101ex99-1_planet.htm:2]** **[1868395_0001213900-25-088184_ea025717101ex99-2_planet.htm:10]** 
- **Net revenue decreased by 3.6%** to **US$74.5 million** for the six months ended June 30, 2025, compared to US$77.3 million for the same period in 2024.  **[1868395_0001213900-25-088184_ea025717101ex99-2_planet.htm:1]** **[1868395_0001213900-25-088184_ea025717101ex99-2_planet.htm:4]** 
- The shift to a net loss was primarily attributed to an **US$8.6 million increase in share-based compensation expenses** and a **US$4.2 million decrease in gross profit**, which was impacted by fierce competition in the German and Eastern European markets, as well as increased tariffs and ocean freight rates.  **[1868395_0001213900-25-088184_ea025717101ex99-2_planet.htm:1]** 
- As of June 30, 2025, the company maintained **US$52.9 million** in cash and cash equivalents and restricted cash.  **[1868395_0001213900-25-088184_ea025717101ex99-2_planet.htm:10]**

Planet Image International (YIBO)