MicroCloud Hologram Reports 39.1% Revenue Growth and Narrowed Net Loss in FY2025

HOLO
March 28, 2026

MicroCloud Hologram Inc. (NASDAQ: HOLO) reported total revenue of RMB 403.7 million (US$56.5 million) for the fiscal year ended December 31 2025, a 39.1% increase from RMB 290.3 million (US$41.0 million) in 2024. The jump was driven by robust demand for holographic solutions and an expansion of holographic technology services, which together lifted the company’s top line while maintaining a healthy mix of product and service revenue.

Net loss for FY2025 narrowed to RMB 50.2 million (US$7.0 million) from a loss of RMB 64.2 million (US$9.1 million) in 2024. The improvement reflects tighter operational efficiency and cost control, allowing the company to reduce expenses relative to revenue growth and bring the loss closer to breakeven.

Working capital at year‑end rose to RMB 2,693.7 million (US$383.2 million), up 70.5% from RMB 1,580.2 million (US$225.0 million) in 2024. The significant liquidity boost provides a stronger financial cushion for future investments and operational flexibility.

Customer retention improved to 41% from 34% in 2024, indicating growing confidence among users of the company’s holographic offerings and suggesting a solid base of recurring revenue.

The filing also highlighted MicroCloud Hologram’s strategic focus on quantum computing and AI research while maintaining its core holography business. No forward guidance was disclosed, but the combination of revenue growth, narrowed loss, and expanded working capital signals a company that is strengthening its financial foundation while pursuing high‑growth technology areas.

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