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HONG KONG – Geekplus (2590.HK), a leading player in the global intelligent robotics sector, today announced its unaudited interim results for the first half of 2025, revealing a period of significant growth and improved profitability.
The company reported revenue of RMB 1.025 billion, marking a robust 31.0% year-over-year increase. Driving top-line growth, Geekplus also saw a substantial leap in gross profit, which climbed 43.1% to RMB 360 million, resulting in an improved gross margin of 35.1%. Importantly, the adjusted net loss narrowed dramatically by 94.0% to RMB 11.9 million. In a key milestone, adjusted EBITDA turned positive, reaching RMB 11.62 million, a considerable turnaround from a negative RMB 169.83 million in the corresponding period last year. This positive trajectory suggests a fundamental shift toward sustainable profitability for the robotics firm.
New orders demonstrated continued market demand with a 30.1% year-on-year increase, reaching RMB 1.760 billion, including a major contract exceeding RMB 100 million. Geekplus’ global strategy continues to pay dividends with revenue generated from outside Mainland China representing 79.5% of total revenue at a gross margin of 46.2%.
Geekplus continues to assert its dominance among Hong Kong-listed robotics companies in terms of revenue, maintaining its position as the world’s largest warehouse fulfillment robotics solution provider for the sixth consecutive year. The company serves over 65 Forbes Global 500 companies and maintains a total customer base of over 850, with high customer retention as the customer repurchase rate exceeds 80%. Geekplus also expanded its reach by adding over 60 new end customers, making notable inroads into the grocery retail, and food and beverage industries.
Analysts point to Geekplus’ strong growth momentum coupled with its commercialization capabilities as evidence of the company’s approach reaching a profitability inflection point. Its success is rooted, in part, in the company’s full-stack AI technology architecture. Geekplus is one of the few companies in the industry successfully navigating the AI commercialization loop, which reinforces technological prowess and market dominance.
Looking ahead, Geekplus management has outlined four key strategic priorities: focusing on research and development in embodied intelligence, prioritizing global market expansion, prioritizing ESG (Environmental, Social, and Governance) to cultivate sustainable development, and prioritizing talent development. These efforts are calculated to reinforce the company’s leading position in the industry and accelerate the achievement of its long-term strategic goals.
About Geekplus
Geekplus is a global leader in mobile robotics technologies, developing innovative robotics solutions for order fulfillment. More than 770 global industry leaders use the company’s solutions to realize flexible, reliable, and highly efficient automation for warehouses and supply chain management.
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