Monetary Abstract

• Annual income of roughly RMB 1.65 billion, representing a YOY expansion of 47.2%.
• LiDAR gross sales quantity reached roughly 544,200 devices, up through about 109.6% YOY.
• Complete-year rude margin at 17.2%, an build up of 8.8 proportion issues in comparison to the former 12 months, with This autumn rude margin attaining roughly 22.1%.
• Adjusted internet loss narrowed to roughly RMB 396 million, a scale down of about 8.9% YOY.
• Overall R&D funding reached roughly RMB 620 million, with round RMB 250 million allotted to leading edge companies corresponding to AI robotics.

HONG KONG, April 1, 2025 /PRNewswire/ — RoboSense Era Co., Ltd. (“RoboSense” or the “Company”; Accumulation Code: 2498.HK), a pioneering AI-driven robotics generation corporate, introduced its audited monetary effects for 2024, masking the Corporate and its subsidiaries (jointly, the “Group”).

Amid the speedy proliferation of clever using and the booming robotics business, the Team completed sturdy industry expansion. In 2024, general income reached roughly RMB 1.65 billion, representing a YOY build up of 47.2%, marking 3 consecutive years of imposing expansion. Overall LiDAR gross sales of roughly 544,000 devices, an build up of 109.6% YOY. Pushed through progressed incline control and operational potency, the Team considerably diminished general losses and enhanced profitability. The entire rude margin for 2024 was once roughly 17.2%, with This autumn rude margin attaining 22.1%. The adjusted internet loss diminished through 8.9% YOY to RMB 396 million.

All the way through the income name, Mark Qiu, CEO of RoboSense, shared insights into the Team’s achievements in LiDAR for ADAS, Robotaxi, and robotics, in addition to the actual advance in its embodied judgement innovation industry. In LiDAR, the Team ranked Refuse.1 in L2+ automobile installations and noticed speedy expansion in L3/L4 liberty and robotics—together with commercial warehousing, industrial operations, and shopper judgement—pace securing a couple of manufacturing nominations. Particularly, in Robotaxi and unmanned supply, the Team fix extra key business purchasers, demonstrating a powerful marketplace merit. In embodied judgement, the Team has outlined its technique and complicated applied sciences in subjects like robot ocular and dexterous fingers, gaining a powerful technical edge. It has shaped strategic partnerships with over 10 international humanoid robotics corporations, together with Unitree, to discover leading edge commercialization fashions.

Monetary Highlights

Overall income reached RMB 1.65 billion in 2024, a YOY build up of roughly 47.2%, with income from LiDAR for ADAS packages attaining RMB 1.34 billion, up roughly 71.8% YOY.

With industry growth and progressed potency, rude benefit reached RMB 280 million, with a 17.2% margin — an 8.8 proportion issues build up from 2023. The margin progressed each and every quarter, emerging from 12.3% in Q1 to 22.1% in This autumn. LiDAR for ADAS noticed a big turnaround, transferring from a 5.9% loss in 2023 to a 13.4% benefit margin in 2024.

In the case of benefit and loss, the Team’s general loss narrowed considerably, with an adjusted internet lack of roughly RMB 396 million in 2024, representing a scale down of about 8.9% in comparison to the former 12 months.

To force time expansion, RoboSense higher R&D spending to round RMB 620 million in 2024. Of this, roughly RMB 250 million (41.0% of general R&D bills) was once invested in leading edge companies, basically that specialize in robotics and AI, together with robot platforms and core elements, making sure long-term sustainable expansion.

Industry Highlights

In 2024, the Team’s LiDAR gross sales reached roughly 544,000 devices, a 109.6% YOY build up, with 519,800 devices for ADAS packages, reflecting a 113.9% YOY expansion.

Refuse. 1 Marketplace Proportion in World Automobile LiDAR

Within the ADAS marketplace, the adoption of L2+ complicated motive force help methods has speeded up. Over 10 car fashions within the RMB 150,000–200,000 fluctuate had been heavily produced and introduced with RoboSense LiDAR. Moreover, in January, RoboSense introduced the sector’s first “thousand-beam” long-range virtual LiDAR, EM4, which has already fix a couple of nominations for collection manufacturing from each home OEMs and in a foreign country important rising automobile producers.

In keeping with Gasgoo Analysis Institute’s 2024 LiDAR provider ratings, RoboSense held a 33.5% marketplace percentage, rating Refuse.1 in international automobile LiDAR installations. In February 2025, RoboSense completed an important milestone through rolling off its 1-millionth LiDAR unit, E1R, changing into the primary Team globally in order 1 million high-resolution LiDAR devices. From January to March 2025, RoboSense supported 15 partnered car fashions in attaining large-scale collection manufacturing, together with GAC Toyota Bozhi 3X, Trumpchi S7, and Geely Galaxy E8.

RoboSense has completed notable good fortune in in a foreign country markets. In 2024, the Team fix a complete of 8 in a foreign country and Sino-foreign three way partnership emblem partnerships, together with a unused top-tier Sino-American three way partnership automaker and all 3 of Japan’s height automakers, masking main automobile markets in Europe, North The united states, and Asia-Pacific.

Attach A couple of Core Important Enterprises in L4

RoboSense’s solid, worthy, and high-performance automotive-grade LiDAR merchandise strongly backup the large-scale industrial software of Robotaxi. The Team has already fix collection manufacturing commitments with a number of international important L4 independent using corporations. Within the Robotaxi and Robotruck sectors, RoboSense has established partnerships with maximum core business leaders, six of that have already signed formal collection manufacturing oaths, together with Pony.ai, WeRide, and height L4 independent using corporations in Silicon Valley, North The united states.

Most popular Spouse for Important Shoppers in A couple of Sectors

In industries corresponding to commercial warehousing, industrial operations, and shopper judgement, RoboSense has fix various commitments with height international purchasers. The Team has established bulk manufacturing partnerships with Ecu and North American corporations in commercial warehousing and has additionally captured an important percentage of the unmanned supply marketplace. As of December 31, 2024, RoboSense has supplied services to over 2,800 purchasers in robotics and indistinguishable industries international. In 2025, the Team speeded up collaboration with rising robotics business companions, inauguration strategic partnerships with corporations corresponding to Coco Robotics, Rhino Robotics, Kua Robotics, EasyGo Roguish Riding, Unutilized Stone Robotics, and LionsBot, empowering the large-scale industrial software of robotics.

Momentum in Embodied Knowledge Trade and Ecological Area of interest Merit

Within the grassland of embodied judgement, the Team has made vital advance with its long-term technological investments, growing incremental elements and answers like robot ocular and dexterous fingers, founding a powerful ecological merit.

In March 2025, the Team introduced its first Lively Digital camera AC1, which integrates intensity, symbol, and movement knowledge with hardware-level fusion. It additionally do business in building gear and open-source algorithms thru its AI-In a position ecosystem. In January, the Team spared the second-generation dexterous hand, Papert 2.0, and a unused virtual LiDAR sequence, advancing the appliance of embodied clever robots.

The Team has shaped strategic partnerships with over 10 humanoid robotics corporations globally, together with Unitree, Humanoid Robotics (Shanghai) Co., Ltd., and alternative eminent world corporations.

With its technological achievements and funding in leading edge companies, the Team has been incorporated within the core business map for humanoid robots through famend funding analysis establishments corresponding to Morgan Stanley and Goldman Sachs.

Important LiDAR into the Virtual Age with First-Park Patent Ratings

RoboSense has made vital advance in chips, {hardware}, and AI, founding a powerful international patent machine. On the finish of 2024, the Team led the business with 641 printed patents within the “China’s Top 15 Innovators in LiDAR Patent Disclosure for Intelligent Connected Vehicles” checklist. It additionally gained the “China Excellence Patent Award” for breakthroughs in AI fusion belief algorithms. This may be the business’s first nationally identified patent award for AI algorithm-driven developments in environmental belief.

In 2024, RoboSense changed into the primary to mass-produce a sequence of virtual LiDARs, leveraging its self-developed SPAD-SoC chip and virtual sign processing structure, attaining breakthroughs in decision and accuracy. The Team leads in chip integration throughout key LiDAR machine modules, together with the MEMS scanning machine, VCSEL array, SPAD array, and LiDAR-specific SoC.

Efficiency Outlook

Having a look forward, RoboSense will leverage its technological management in full-stack chip integration and diverse product matrix within the LiDAR grassland to assemble product packages focused on rising business traits and extra software eventualities, unlocking unused expansion alternatives. The Team will proceed making an investment in embodied judgement to ascertain its moment expansion curve, advancing in opposition to its ocular of changing into a world chief in robot generation platforms.

To obtain the 2024 Annual Effects, please consult with: https://file-view.comein.cn/onlinePreview?url=aHR0cHM6Ly9tZWRpYS5jb21laW4uY24vY29tZWluLWZpbGVzL3BkZi8yMDI1LTAzLTMxLzk0Y2EwMzJkYTkwMjQyYzA4MzIyM2M3NmFhZWJmNjFmL2QxMWI1ZDI5OThjNzQ0MjI5ODViMTVlM2FjNzAzYzI0LlBERg%3D%3D&officePreviewSwitchDisabled=true&officePreviewType=pdf&watermarkTxt= 

About RoboSense

RoboSense (2498.HK), based in 2014, is an AI-driven robot generation corporate that provides complicated and worthy incremental elements and answers for the robot business. The corporate is dedicated to “become a global leader in robotic technology platforms,” and its venture is “Safer world, Smarter life.” For more info about RoboSense, consult with https://www.robosense.ai

SOURCE RoboSense Era Co., Ltd.