MicroCloud Hologram projects 2025 net income above RMB 350 million
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MicroCloud Hologram Inc. (NASDAQ: HOLO) announced it expects full-year 2025 net income to exceed RMB 350 million, marking a significant turnaround from a net loss of approximately RMB 63 million in 2024.
The Shenzhen-based technology service provider reported holding cash, cash equivalents, and short-term investments totaling more than RMB 3 billion as of the current date. The company stated it intends to deploy over $400 million from its cash reserves to invest in quantum computing, blockchain, and quantum holography technologies.
MicroCloud Hologram provides holographic technology services including holographic light detection and ranging solutions, holographic imaging solutions, and holographic vehicle intelligent vision technology for advanced driving assistance systems. The company also offers holographic digital twin technology services and maintains proprietary holographic digital twin technology resource libraries.
The projected 2025 results represent the company's anticipated shift to profitability after recording losses in the previous year. MicroCloud Hologram indicated the expected net income would make a positive contribution to its cash position for the full year 2025.
The company stated its goal is to establish a position in the quantum computing and quantum holography technology sectors through its planned investments in these areas, according to the press release.
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