---
title: "SEYOND's first financial report after going public: Annual revenue of $150 million, a year-on-year decrease of 3%, with a loss of $330 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281379189.md"
description: "SEYOND released its first financial report since going public, with revenue of $154 million in 2025, a year-on-year decrease of 3.4%. Revenue from ADAS products was $133 million, down 11.3%; revenue from robotics and others was $18.91 million. Gross profit was $12.25 million, an improvement from a loss of $13.91 million in the same period last year. The annual loss was $328 million, narrowing by 17.6% compared to the loss in the same period last year. As of December 31, 2025, total assets were $264 million, total liabilities were $219 million, and market capitalization was HKD 10.663 billion"
datetime: "2026-04-01T13:35:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281379189.md)
  - [en](https://longbridge.com/en/news/281379189.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281379189.md)
---

# SEYOND's first financial report after going public: Annual revenue of $150 million, a year-on-year decrease of 3%, with a loss of $330 million

Leidi Network, Lei Jianping, April 1

SEYOND (stock code: 02665.HK) today released its first financial report since going public. The report shows that SEYOND's revenue for 2025 is USD 154 million, a decrease of 3.4% compared to USD 160 million in the same period last year.

SEYOND's revenue for ADAS products in 2025 is USD 133 million, a decrease of 11.3% compared to USD 150 million in the same period last year; revenue from robotics and others is USD 18.91 million, accounting for 12.3%;

SEYOND's gross profit for 2025 is USD 12.25 million, compared to a gross loss of USD 13.91 million in the same period last year.

SEYOND's sales and marketing expenses for 2025 are USD 126 million, administrative expenses are USD 25.98 million, and research and development expenses are USD 40.36 million.

SEYOND's loss for the year 2025 is USD 328 million, narrowing by 17.6% compared to a loss of USD 398 million in the same period last year; adjusted net loss is USD 63.01 million, narrowing by 24% compared to a loss of USD 82.90 million in the same period last year.

As of December 31, 2025, SEYOND's total assets are USD 264 million, total liabilities are USD 219 million, and total equity is USD 45.17 million SEYOND went public in December 2025 through a merger with the special purpose company TechStar Acquisition Corporation, raising a total of HKD 371 million; after deducting the listing fees of HKD 10.3 million, the net fundraising amount was HKD 361 million.

As of today's close, SEYOND's stock price is HKD 8.21, with a market capitalization of HKD 10.663 billion.

——————————————

### Related Stocks

- [02665.HK](https://longbridge.com/en/quote/02665.HK.md)

## Related News & Research

- [Figure AI had one of its robots race a human to sort packages. It lost.](https://longbridge.com/en/news/286883540.md)
- [ElliQ is a surprisingly helpful companion robot for older adults](https://longbridge.com/en/news/286673621.md)
- [Duke Robotics Corp. Announces Pricing of $9.2 Million Underwritten Public Offering and Uplisting to NASDAQ | DUKR Stock News](https://longbridge.com/en/news/286492617.md)
- [Unitree Robotics and DEEP Robotics Accelerate IPO Progress; Shoucheng Holdings' Robotics Investments Enter a Value Validation Phase](https://longbridge.com/en/news/286853966.md)
- [Unitree Unveils Real-Life Transformer Robot. Only Costs $650,000](https://longbridge.com/en/news/286499815.md)