FinVolution Group (NYSE:FINV) shares saw a modest uptick in pre-market trading on Wednesday after the company reported first-quarter results that surpassed analyst forecasts.

The Chinese fintech firm reported adjusted earnings per share of RMB2.97 ($0.41), a notable improvement from the same period last year, which saw no earnings. Revenue climbed 10% year-over-year to RMB3.48 billion ($479.7 million), reflecting ongoing growth in both domestic and international segments.

During the first quarter, FinVolution’s total transaction volume reached RMB52.1 billion, up 7.9% from a year earlier. The company also reported a 13.5% increase in its outstanding loan balance, which rose to RMB74.1 billion. Its overseas business remained a standout performer, with international revenues jumping 19.5% to RMB710.5 million, now making up 20.4% of the company’s total revenue.

“We delivered strong first quarter results in 2025 despite seasonal softness,” said Tiezheng Li, Vice Chairman and CEO. “This performance demonstrates the continued strong execution of our Local Excellence, Global Outlook strategy.”

The company maintained its full-year 2025 revenue forecast, expecting total revenue between RMB14.4 billion and RMB15.0 billion, which would represent 10% to 15% annual growth.

In addition to solid top-line performance, net profit surged 38.7% year-over-year, reaching RMB737.6 million in Q1. FinVolution also reported a strong financial footing, with RMB8.5 billion in cash and short-term investments as of March 31, 2025.

FinVolution stock price