Last night, Moore Thread released its annual performance forecast for 2025. During the reporting period, the company is projected to achieve operating revenue between 1.45 billion yuan and 1.52 billion yuan, representing a year-on-year increase of 230.70% to 246.67%. In the same period last year, the company's revenue stood at 438 million yuan.
Although the company remains in a net loss position, the scale of losses has significantly narrowed. Moore Thread expects a net loss attributable to owners of the parent company of 9.5 billion yuan to 10.6 billion yuan in 2025, representing a narrowing of 34.50% to 41.30% compared to the previous year. The net loss after deducting non-recurring gains and losses is projected to be between 10.4 billion yuan and 11.5 billion yuan, narrowing by 29.59% to 36.32% year-on-year.
According to the announcement, the performance growth is primarily driven by the rapid development of the artificial intelligence industry and strong market demand for high-performance GPUs. The company's product competitiveness has further expanded, and its market visibility and recognition continue to rise, contributing to revenue and gross profit growth while reducing the overall loss compared to the previous year. At the same time, the company continues to maintain high levels of research and development investment. Currently, it remains in a phase of sustained R&D expenditure and has not yet achieved profitability, with accumulated losses yet to be offset.