OneRobotics (6600) H2 2025 earnings summary

Executive summary

• Revenue grew 47.7% year-over-year to RMB900.6 million, driven by strong demand and new product launches in home embodied AI robotic systems.

• Gross profit increased 54.2% to RMB486.6 million, with gross margin rising to 54.0% from 51.7% in 2024.

• Adjusted net profit (non-IFRS) surged 1,053.2% to RMB12.8 million, while reported loss for the year widened to RMB27.3 million due to listing and R&D expenses.

• Major commercial deployments included launches in sports, companionship, and home service robots, with significant international market penetration.

Financial highlights

• Revenue: RMB900.6 million (up 47.7% YoY); gross profit: RMB486.6 million (up 54.2% YoY); gross margin: 54.0%.

• Adjusted net profit: RMB12.8 million (up 1,053.2% YoY); reported loss: RMB27.3 million (up 786.9% YoY).

• Cost of sales: RMB413.9 million (up 40.6% YoY); R&D expenses: RMB136.5 million (up 21.8% YoY).

• Selling and distribution expenses: RMB311.7 million (up 81.3% YoY); administrative expenses: RMB81.8 million (up 152.6% YoY).

• Cash and cash equivalents: RMB1,599.3 million, mainly from IPO proceeds.

Outlook and guidance

• Strategic focus remains on the “One Brain, Multiple Embodiments” architecture for home robotics.

• Plans to enhance perception, memory, and autonomous recovery capabilities in robots.

• Continued optimization of proprietary data production and expansion of commercial deployments across global markets.

• Active pursuit of strategic M&A and investments to build a global AI ecosystem.