MicroCloud Hologram Inc. filed its annual report on Form 20-F for fiscal year 2025, reporting strong revenue growth of 39.1% to RMB 403.7 million and a narrowed net loss of RMB 50.2 million, along with improved customer retention and significantly increased working capital.
Key takeaways
Total revenue for fiscal 2025 reached RMB 403.7 million (USD 56.5 million), a 39.1% increase from RMB 290.3 million in 2024.
Net loss narrowed to RMB 50.2 million (USD 7.0 million) in 2025 from RMB 64.2 million in 2024.
Customer retention rate improved to 41% in 2025 from 34% in 2024.
Working capital as of December 31, 2025 was approximately RMB 2,693.7 million (USD 383.2 million), a 70.5% increase from RMB 1,580.2 million in 2024.
The company filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the SEC on March 27, 2026.