MicroCloud Hologram Inc. (NASDAQ: HOLO) filed its annual report with the Securities and Exchange Commission for fiscal year 2025, reporting total revenue of RMB 403.7 million ($56.5 million), a 39.1% increase from RMB 290.3 million in 2024.

The Shenzhen-based holographic technology company narrowed its net loss to RMB 50.2 million ($7.0 million) in 2025, compared to a net loss of RMB 64.2 million in the previous year. The company attributed the revenue growth to demand for holographic solutions and expanded technology services.

MicroCloud's customer retention rate increased to 41% in 2025 from 34% in 2024. Working capital rose 70.5% to approximately RMB 2,693.7 million ($383.2 million) as of December 31, 2025, from RMB 1,580.2 million in 2024.

The company provides holographic technology services including light detection and ranging solutions, imaging technology, sensor chip design, and vehicle intelligent vision technology for advanced driver assistance systems. MicroCloud also offers holographic digital twin technology services.

The complete annual report containing audited consolidated financial statements is available on the SEC's website and the company's investor relations website, according to the press release statement.