Horizon Robotics (09660.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	7.2B	3.7B	2.4B	1.6B	905.7M
Cost of Revenue	2.4B	1.3B	542.2M	457.3M	278.0M
Gross Profit	4.8B	2.4B	1.8B	1.1B	627.7M
Operating Expenses
R&D Expense	9.5B	5.0B	3.2B	2.4B	1.9B
SG&A Expense	2.6B	1.3B	1.0B	770.6M	273.8M
General & Admin Expense	—	—	637.6M	443.4M	159.1M
Selling & Marketing Expense	—	—	409.9M	327.2M	114.7M
Other Expenses	83.2M	9.3M	(217.9M)	(12.0M)	606.1M
Total Operating Expenses	12.2B	6.4B	4.0B	3.1B	2.8B
Cost and Expenses	14.6B	7.7B	4.5B	3.6B	3.0B
Operating Income (EBIT)	(7.4B)	(4.0B)	(2.1B)	(2.0B)	(2.1B)
Non-Operating
Interest Income	736.8M	393.5M	383.2M	167.5M	104.5M
Interest Expense	22.0M	13.7M	7.4M	8.7M	7.5M
Net Interest Income	714.8M	379.8M	375.8M	158.8M	97.0M
Other Non-Op Income/Expense	6.4B	(6.2B)	4.5B	(4.7B)	(6.6B)
Non-Operating Income (excl Interest)	(3.4B)	6.2B	(4.5B)	4.7B	6.6B
EBT (Pre-Tax Income)	(1.1B)	(10.2B)	2.4B	(6.7B)	(8.7B)
Income Tax Expense	43.8M	3.2M	4.5M	(5.1M)	(4.3M)
Bottom Line
Net Income	1.0B	(10.2B)	2.3B	(6.7B)	(8.7B)
Earnings from Cont. Ops	(1.1B)	(10.2B)	2.3B	(6.7B)	(8.7B)
Earnings from Discont. Ops	2.1B	—	—	—	—
Bottom Line Net Income	1.0B	(10.2B)	(2.3B)	(6.7B)	(8.7B)
Per Share
Basic EPS	HK$0.13	(HK$0.79)	HK$0.51	(HK$0.47)	(HK$0.59)
Diluted EPS	HK$0.13	(HK$0.79)	HK$0.18	(HK$0.47)	(HK$0.59)
Revenue Per Share	HK$0.51	HK$0.28	HK$0.52	HK$0.12	HK$0.07
Shares
Basic Shares Outstanding	14.1B	12.9B	4.6B	13.0B	13.0B
Diluted Shares Outstanding	14.1B	12.9B	13.4B	13.0B	13.0B
Profitability Metrics
EBITDA	(3.4B)	(9.7B)	2.8B	(6.4B)	(8.4B)
D&A	649.1M	441.4M	438.5M	356.7M	293.0M
EBIT	(4.0B)	(10.2B)	2.4B	(6.7B)	(8.7B)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026