Geekplus has reported unaudited interim results for the six months to 30 June 2025 showing revenue up 31% year on year to RMB 1.025bn (£106.8m), gross profit up 43.1% to RMB 360m (£37.5m) and gross margin improving to 35.1%.
The company said adjusted EBITDA turned positive at RMB 11.62m (£1.21m) versus a loss of RMB 169.83m (-£17.7m) a year earlier, while its adjusted net loss narrowed 94.0% to RMB 11.9m (£1.24m).
Order intake rose 30.1% to RMB 1.760bn (£183.4m) and included another single order worth more than RMB 100m (more than £10.4m).
Geekplus reported that markets outside Mainland China accounted for 79.5% of revenue in the period, with its international business delivering a 46.2% gross margin.
The Hong Kong-listed warehouse robotics specialist said it continues to lead the market by revenue scale among Hong Kong-listed robotics peers and remains the world’s largest warehouse fulfilment AMR solution provider for the sixth consecutive year, citing CIC data.
It added that it now serves more than 65 Forbes Global 500 companies and more than 850 end customers, with a customer repurchase rate above 80%, and that it added more than 60 new end customers in H1, with progress in grocery retail and food and beverage.
Geekplus said the H1 performance reflects improving commercialisation and brings it close to a profitability inflection point.
Following its July 2025 listing on the Main Board of the Hong Kong Stock Exchange (stock code: 2590.HK), it said it will focus investment on embodied-intelligence R&D, international expansion, ESG initiatives and talent development.
Geekplus is also a sponsor of the Responsible Supply Chain Conference in Singapore on 30 September 2025 at Four Points by Sheraton, Riverview.
The one-day event will gather policymakers, regulators, industry and researchers to discuss sustainable and resilient supply chains, including regulation, climate adaptation and innovation across Asia Pacific.
Agenda themes include carbon verification and voluntary carbon market trends, circular-economy innovations and the role of AI and blockchain.
Terence Chan, senior sales manager at Geekplus, is scheduled to present a session titled ‘Future-Proofing Supply Chains with Resilient, Low-Carbon Infrastructure‘, featuring case studies on footprint reduction and resilience in China, Europe and the USA, the use of mobile, reconfigurable robotics to avoid overbuilding fixed assets, and responses to ESG pressures from regulators and customers.
To find out more about the Responsible Supply Chain Conference in Singapore, and to register for the event, click here.
