Kayou IPO: 10 Billion Revenue, 4.5 Billion Net Profit, Ultraman Cards as Cash Cows

Kayou filed for IPO, with revenue rising from 4.13 billion yuan to 10.057 billion yuan and net profit reaching 4.466 billion yuan from 2022 to 2024. Trading card business accounts for over 80% of revenue with a gross margin of about 67%. AI-generated

Why it matters：Analyzing Kayou's IPO filing to reveal high profit margins and market monopoly in trading cards.

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