Future Machine reports strong revenue and profit growth in first half of 2025

For the six months ended June 30, 2025, Future Machine Limited reported a 27.4% increase in total revenue, reaching 1,600,917 thousand yuan compared to 1,256,912 thousand yuan in the same period of 2024. Net profit for the period rose by 25.0% to 11,508 thousand yuan, up from 9,222 thousand yuan year-over-year. Basic and diluted earnings per share also improved to 1.12 yuan cents from 0.99 yuan cents. Gross profit increased by 23.6% to 135,767 thousand yuan, though the gross profit margin slightly decreased to 8.5% from 8.7%.

The growth was primarily fueled by increased sales in smartphones and IoT related products, with revenue from mobile phones rising by 14.7% to 917,480 thousand yuan and IoT related products surging by 61.1% to 584,650 thousand yuan. Geographically, revenue from the PRC increased by 13.8% to 1,111,247 thousand yuan, and India saw a substantial 102.3% rise to 371,844 thousand yuan.

The company's net current assets stood at 301,942 thousand yuan as of June 30, 2025, an increase from 286,591 thousand yuan at December 31, 2024. The board did not recommend the payment of any dividend for the six months ended June 30, 2025.