On May 20, RoboSense announced its financial report for the first quarter of 2024. Both delivery volume and operating data performed well. Among them, the total sales of lidar products in the first quarter was approximately 120,400 units, a year-on-year increase of 457.4%, and the sales of lidar products used in the ADAS field were approximately 116,200 units, a year-on-year increase of 542.0%. Driven by strong market demand and product sales growth, the company achieved total revenue of approximately 360 million yuan in the first quarter, a year-on-year increase of 149.1%, maintaining its leading position in the global market with strong growth momentum.
RoboSense adheres to the principle of "technology advancement, technology equality", achieving continuous upgrades in economies of scale and continued enhancement of profitability. In the first quarter of 2024, RoboSense's gross profit margin increased to 12.3%, an improvement of 16.4 percentage points from the 4.1% gross loss rate in the first quarter of 2023; the adjusted net loss was approximately 80 million yuan, narrowing 11.5% year-on-year.
The original article was originally published on WeChat public account (RoboSense):RoboSense 2024 Q1 Financial Report: Revenue increased nearly 1.5 times year-on-year, and ADAS sales increased 542.0% year-on-year
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