In the first quarter, ROBOSENSE's gross profit increased significantly by 73.1% year-on-year to 77.01 million yuan

ROBOSENSE announced its Q1 2025 performance, with total revenue of approximately 328 million yuan, a significant year-on-year increase in gross profit of 73.1% to 77.01 million yuan, and a gross margin improvement from 12.3% to 23.5%. The net loss was 98.8 million yuan, a year-on-year decrease of 24.4%. The improvement in gross margin was mainly influenced by changes in the contribution of laser radar product sales. In terms of sales volume, the sales of laser radar products for ADAS and robotics applications decreased by 9.8% and 16.8%, respectively, while sales of other laser radar products increased by 183.3%. As of the end of March 2025, 30 automotive manufacturers have secured mass production orders