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Geekplus Announces Strong 2025 Interim Results: Revenue and Profit Soar, Adjusted EBITDA Turns Positive

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Geekplus (HKG:2590) reported strong interim results for H1 2025, with revenue surging 31.0% year-over-year to RMB 1.025 billion. The company's gross profit increased 43.1% to RMB 360 million, with gross margin improving to 35.1%.

Notable achievements include the company's first positive adjusted EBITDA of RMB 11.62 million, a significant turnaround from the previous year's negative RMB 169.83 million. Order intake grew 30.1% to RMB 1.760 billion, with international revenue accounting for 79.5% of total revenue. The company maintains its position as the world's largest warehouse fulfillment robotics solution provider, serving over 65 Forbes Global 500 companies with an 80%+ customer repurchase rate.

Geekplus (HKG:2590) ha pubblicato solidi risultati per il primo semestre 2025: i ricavi sono aumentati del 31,0% su base annua, raggiungendo 1,025 miliardi di RMB. Il margine lordo si è rafforzato con un utile lordo in crescita del 43,1% a 360 milioni di RMB e una marginalità lorda salita al 35,1%.

Tra i traguardi spicca il primo EBITDA rettificato positivo di 11,62 milioni di RMB, dopo il rosso di 169,83 milioni dell’anno precedente. Gli ordini ricevuti sono aumentati del 30,1% a 1,760 miliardi di RMB, mentre i ricavi internazionali rappresentano il 79,5% del totale. L’azienda conferma il ruolo di primo fornitore mondiale di soluzioni robotiche per il fulfillment in magazzino, servendo oltre 65 società Forbes Global 500 e vantando un tasso di riacquisto clienti superiore al 80%.

Geekplus (HKG:2590) presentó sólidos resultados interinos del primer semestre de 2025: los ingresos crecieron un 31,0% interanual hasta 1.025 millones de RMB. El beneficio bruto aumentó un 43,1% hasta 360 millones de RMB, con un margen bruto que mejoró hasta el 35,1%.

Entre los logros destaca su primer EBITDA ajustado positivo de 11,62 millones de RMB, frente al resultado negativo de 169,83 millones del año anterior. La entrada de pedidos subió un 30,1% hasta 1.760 millones de RMB, y los ingresos internacionales representaron el 79,5% del total. La compañía mantiene su posición como el mayor proveedor mundial de soluciones robóticas para cumplimiento en almacenes, atendiendo a más de 65 empresas Forbes Global 500 y con una tasa de recompra de clientes superior al 80%.

Geekplus (HKG:2590)� 2025� 상반기에 견조� 잠정 실적� 발표했습니다. 매출은 전년 대� 31.0% 증가� 10.25� 위안� 기록했고, 총이익은 43.1% 증가� 3.60� 위안, 총이익률은 35.1%� 개선되었습니�.

주요 성과로는 전년� 마이너스 1.6983� 위안에서 대반전하여 최초� 조정 EBITDA가 1,162� 위안� 흑자� 기록� 점이 있습니다. 수주액은 30.1% 증가� 17.60� 위안� 달성했으�, 해외 매출� 전체� 79.5%� 차지했습니다. � 회사� � 세계 최대� 창고 풀필먼� 로봇 솔루� 제공업체 지위를 유지하고 있으� 포브� 글로벌 500 기업 65� 이상� 서비스를 제공하고, 고객 재구매율� 80% 이상입니�.

Geekplus (HKG:2590) a publié de solides résultats provisoires pour le premier semestre 2025 : le chiffre d’affaires a bondi de 31,0% en glissement annuel, à 1,025 milliard de RMB. Le bénéfice brut a augmenté de 43,1% pour atteindre 360 millions de RMB, la marge brute s’est améliorée à 35,1%.

Parmi les réalisations notables figure le premier EBITDA ajusté positif de 11,62 millions de RMB, contre -169,83 millions l’année précédente. Les prises de commandes ont progressé de 30,1% à 1,760 milliard de RMB, les revenus internationaux représentant 79,5% du total. La société conserve sa position de premier fournisseur mondial de solutions robotiques pour le fulfillment en entrepôt, sert plus de 65 entreprises Forbes Global 500 et affiche un taux de rachat client supérieur à 80%.

Geekplus (HKG:2590) meldete starke vorläufige Ergebnisse für das erste Halbjahr 2025: der Umsatz stieg im Jahresvergleich um 31,0% auf 1,025 Mrd. RMB. Der Bruttogewinn wuchs um 43,1% auf 360 Mio. RMB, die Bruttomarge verbesserte sich auf 35,1%.

Besondere Erfolge sind das erste positive bereinigte EBITDA von 11,62 Mio. RMB, nach einem negativen Wert von 169,83 Mio. RMB im Vorjahr. Der Auftragseingang stieg um 30,1% auf 1,760 Mrd. RMB, wobei internationale Umsätze 79,5% des Gesamtumsatzes ausmachten. Das Unternehmen behauptet seine Stellung als weltweit größter Anbieter von Robotiklösungen für Lagerfulfillment, bedient über 65 Forbes Global 500-Unternehmen und verzeichnet eine Kundenwiederkaufrate von über 80%.

Positive
  • First-time positive adjusted EBITDA of RMB 11.62 million, marking significant profitability improvement
  • Revenue growth of 31.0% YoY to RMB 1.025 billion
  • Strong gross margin improvement to 35.1% with international business achieving 46.2%
  • Narrowed adjusted net loss by 94.0% to RMB 11.9 million
  • High customer retention with 80%+ repurchase rate
  • Strong international presence with 79.5% revenue from outside Mainland China
Negative
  • Still operating at a net loss, though significantly reduced

HONG KONG, Sept. 3, 2025 /PRNewswire/ -- Geekplus (Stock Code: 2590.HK), a global leader in intelligent robotics, has announced its unaudited interim results for the six months ended June 30, 2025.

The company reported robust financial performance with revenue increasing by 31.0% year-on-year to RMB 1.025 billion. Gross profit rose by 43.1% year-on-year to RMB 360 million, with gross margin improving to 35.1%. The adjusted net loss narrowed significantly by 94.0% to RMB 11.9 million. Notably, adjusted EBITDA turned positive to RMB 11.62 million, a substantial improvement from a negative RMB 169.83 million in the same period last year, indicating a fundamental enhancement in profitability.

Order intake also saw strong growth, reaching RMB 1.760 billion, a year-on-year increase of 30.1%. This included another single order exceeding RMB 100 million. Revenue from outside Mainland China accounted for 79.5% of the total, underscoring the success of the company's global strategy, with the international business achieving a gross margin of 46.2%.

Geekplus continues to lead among Hong Kong-listed robotics companies in revenue scale and has strengthened 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 has a total of over 850 end customers, with a customer repurchase rate exceeding 80%. The company also added over 60 new end customers, making significant progress in the grocery retail, food and beverage industries.

These results demonstrate Geekplus' strong growth momentum and leading commercialization capabilities, bringing the company close to a profitability inflection point.

Geekplus' full-stack AI technology architecture has formed significant technical barriers, and it is one of the few enterprises in the industry that has realized the AI commercialization loop.

In the future, Geekplus will focus on four key areas—R&D in embodied intelligence, global market expansion, ESG-driven sustainable development, and talent development—to further consolidate its leading position in the industry and advance the achievement of strategic goals.

About Geekplus 

Geekplus is a global leader in mobile robotics technologies. We develop innovative robotics solutions for order fulfilment. More than 770 global industry leaders use our solutions to realize flexible, reliable, and highly efficient automation for warehouses and supply chain management.   �

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FAQ

What were Geekplus's (HKG:2590) key financial results for H1 2025?

Geekplus reported revenue of RMB 1.025 billion (up 31.0% YoY), gross profit of RMB 360 million (up 43.1% YoY), and its first positive adjusted EBITDA of RMB 11.62 million.

How much did Geekplus reduce its losses in H1 2025?

Geekplus narrowed its adjusted net loss by 94.0% to RMB 11.9 million, and achieved positive adjusted EBITDA of RMB 11.62 million compared to negative RMB 169.83 million in the previous year.

What is Geekplus's international market performance in 2025?

International business accounted for 79.5% of total revenue, with international operations achieving a higher gross margin of 46.2%.

How strong is Geekplus's customer retention and market position?

Geekplus maintains an 80%+ customer repurchase rate, serves over 65 Forbes Global 500 companies, and remains the world's largest warehouse fulfillment robotics solution provider for the sixth consecutive year.

What was Geekplus's order intake for H1 2025?

Order intake reached RMB 1.760 billion, representing a 30.1% year-on-year increase, including a single order exceeding RMB 100 million.
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