91APP (Stock code: 6741), the first native SaaS company listed in Taiwan, has announced its financial results for 2024. The company achieved record-high consolidated revenue of NT$1.619 billion, representing a 16.56% year-over-year growth. Net profit reached NT$498 million, up 25% YoY, while earnings per share (EPS) hit NT$4.22, marking a new all-time high. These results highlight 91APP’s successful expansion into D2C brick-and-mortar e-commerce, which has been well-received by the market and continues to drive strong growth.
At today’s board meeting, 91APP’s Board of Directors approved a proposed cash dividend of NT$1.69 per share, reflecting a dividend payout ratio of 40%. This decision underscores 91APP’s commitment to balancing sustainable business growth with long-term shareholder value creation, reinforcing its dedication to rewarding investors while maintaining momentum for future expansion.
As a pioneer in SaaS-based retail solutions, 91APP was the first to introduce the OMO (Offline-Merge-Online) model and has remained at the forefront of D2C business development. By delivering best-in-class Commerce Solution and Marketing Solution, 91APP has empowered its clients to achieve outstanding business synergies.
In recent years, 91APP has maintained strong growth momentum, consistently driving revenue expansion. In 2024, the company’s growth rate and acceleration outperformed the overall retail and e-Commerce industries, highlighting the strength of its unique business model. As 91APP continues to scale, it reinforces its competitive advantage and market leadership, further solidifying its position as a key driver of innovation in the retail and e-Commerce sectors.
Looking ahead, 91APP will concentrate on Retail AI and the expansion of its digital advertising market. While continuing to support D2C business development, the company plans to increase investment in digital advertising initiatives, enhancing its capabilities and unlocking new revenue streams. These efforts aim to create new growth drivers for 91APP, ensuring sustained business expansion in the coming years.