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Geekplus Sees 2025 Revenue Surge and Near Break-Even on Strong AMR Demand

Story Highlights
  • Geekplus expects 2025 revenue to jump over 30 percent on rising warehouse AMR solution deliveries.
  • The company forecasts a sharp narrowing of losses and a non-IFRS profit turnaround, though figures remain preliminary and unaudited.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Geekplus Sees 2025 Revenue Surge and Near Break-Even on Strong AMR Demand

Meet Samuel – Your Personal Investing Prophet

Beijing Geekplus Technology Co. Ltd. Class H ( (HK:2590) ) has provided an announcement.

Beijing Geekplus Technology has issued a profit alert indicating strong top-line momentum for 2025, with estimated revenue rising about 30% to 32% year on year to between RMB3.14 billion and RMB3.18 billion. The company attributes this growth primarily to increased deliveries of its warehouse fulfillment AMR solutions, underscoring robust demand for automation in logistics and warehousing.

Despite remaining in a small loss position on a statutory basis, Geekplus expects its loss attributable to shareholders to narrow sharply to roughly RMB10 million to RMB30 million, a reduction of about 96% to 99% from 2024 levels. On a non-IFRS basis, the group forecasts a turnaround to an adjusted net profit of RMB25 million to RMB45 million, reflecting higher gross profit from stronger AMR solution deliveries, though investors are cautioned that the figures are preliminary and unaudited.

The most recent analyst rating on (HK:2590) stock is a Buy with a HK$26.70 price target. To see the full list of analyst forecasts on Beijing Geekplus Technology Co. Ltd. Class H stock, see the HK:2590 Stock Forecast page.

More about Beijing Geekplus Technology Co. Ltd. Class H

Beijing Geekplus Technology Co., Ltd. is a China-based provider of warehouse fulfillment autonomous mobile robot (AMR) solutions. The company focuses on delivering automation systems for logistics and warehousing operations, targeting customers seeking to enhance fulfillment efficiency and capacity through robotics-driven technologies.

Average Trading Volume: 3,044,679

Technical Sentiment Signal: Hold

Current Market Cap: HK$34.77B

For a thorough assessment of 2590 stock, go to TipRanks’ Stock Analysis page.

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