Business
RoboSense Releases 2024 Annual Results: Leading LiDAR Market Share and Paving the Way for AI Robotics Growth
RoboSense Technology Co., Ltd. ("RoboSense" or the "Company"; Stock Code: 2498.HK), a pioneering AI-driven robotics technology company, announced its audited financial results for 2024, covering the Company and its subsidiaries (collectively, the "Group").
About this update from Robosense Technology Company., Ltd
[{"type":"text","content":"Financial Summary","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Annual revenue of approximately RMB 1.65 billion, representing a YOY growth of 47.2%.","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"LiDAR sales volume reached approximately 544,200 units, up by about 109.6% YOY.","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year gross margin at 17.2%, an increase of 8.8 percentage points compared to the previous year, with Q4 gross margin reaching approximately 22.1%.","length":151,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net loss narrowed to approximately RMB 396 million, a decrease of about 8.9% YOY.","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Total R&D investment reached approximately RMB 620 million, with around RMB 250 million allocated to innovative businesses such as AI robotics.","length":147,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":552,"olType":false},{"type":"text","content":"HONG KONG, April 1, 2025 /PRNewswire/ -- RoboSense Technology Co., Ltd. ("RoboSense" or the "Company"; Stock Code: 2498.HK), a pioneering AI-driven robotics technology company, announced its audited financial results for 2024, covering the Company and its subsidiaries (collectively, the "Group").","length":332,"tagName":"p"},{"type":"text","content":"Amid the rapid proliferation of intelligent driving and the booming robotics industry, the Group achieved strong business growth. In 2024, total revenue reached approximately RMB 1.65 billion, representing a YOY increase of 47.2%, marking three consecutive years of high growth. Total LiDAR sales of approximately 544,000 units, an increase of 109.6% YOY. Driven by improved lean management and operational efficiency, the Group significantly reduced overall losses and enhanced profitability. The overall gross margin for 2024 was approximately 17.2%, with Q4 gross margin reaching 22.1%. The adjusted net loss decreased by 8.9% YOY to RMB 396 million.","length":653,"tagName":"p"},{"type":"text","content":"During the earnings call, Mark Qiu, CEO of RoboSense, shared insights into the Group's achievements in LiDAR for ADAS, Robotaxi, and robotics, as well as the latest progress in its embodied intelligence innovation business. In Li...