HOLONasdaqServices-Computer Programming, Data Processing, Etc.US GAAP · USD

MicroCloud Hologram Inc.

MicroCloud Hologram Inc. is a Cayman Islands holding company with operating activities in China focused on holographic digitalization technology services. Its offerings include holographic LiDAR solutions, point-cloud algorithms, sensor-chip design, intelligent-vehicle vision systems, holographic imaging, and digital-twin services.

Liikevaihto56,5milj. USD
+38,6 %v/v
Liikevoitto (EBIT)0,4milj. USD
+101,9 %v/v
EBIT-marginaali0,6%
+48,2 %-yks.v/v
Nettotulos−7,0milj. USD
+22,1 %v/v
Vapaa kassavirta7,9milj. USD
+156,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−40−20020406080milj. USD20202021: 56 milj. USD2021: EBIT 12 milj. USD20212022: 73 milj. USD2022: EBIT −21 milj. USD20222023: 29 milj. USD2023: EBIT −11 milj. USD20232024: 41 milj. USD2024: EBIT −19 milj. USD20242025: 57 milj. USD2025: EBIT 0,36 milj. USD2025570,36
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Holographic LiDAR and sensing35 %

LiDAR solutions, sensor-chip designs, and related sensing technologies for machine perception.

Point-cloud algorithms20 %

Algorithm architecture for processing and interpreting holographic LiDAR point-cloud data.

Intelligent vehicle vision20 %

Holographic vision technologies intended for advanced driver assistance systems.

Holographic imaging15 %

Technology solutions that support holographic image generation, processing, and visualization.

Digital-twin services10 %

Holographic digital-twin solutions supported by a proprietary technology resource library.

Tuotteet

Raportoitu · osuus liikevaihdosta
97,5%FY2025100 %
  • Services97,5 %
  • Products2,5 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

MicroCloud serves technology customers worldwide, with its operating base and disclosed business activities centered in China. Its principal target customers include companies developing vehicle ADAS, intelligent-vehicle systems, LiDAR products, and related machine-vision applications. Digital-twin and holographic-imaging services broaden the addressable customer base to industrial, visualization, and other technology users.

ADAS and intelligent-vehicle developers

Buy LiDAR, vision, and point-cloud technologies to support vehicle perception and driver assistance systems.

Automotive technology suppliers

Use sensor-chip designs and vehicle-vision components in intelligent mobility platforms.

LiDAR and sensing companies

Purchase algorithms, architecture, and sensing-related technology to improve data capture and interpretation.

Industrial and digital-twin users

Use holographic digital-twin services for simulation, visualization, and digital representation of assets.

Holographic imaging customers

Adopt imaging technology for holographic visualization and related applications.

Strategia

MicroCloud’s strategic direction is centered on combining holographic sensing, software algorithms, imaging, and digital-twin capabilities into integrated technology services. The portfolio is positioned around intelligent vehicles and ADAS while retaining applications in broader industrial and visualization markets. Building proprietary algorithms, sensor-chip designs, and a digital-twin resource library can support differentiation and cross-selling across these use cases.

Integrated holographic sensing platformKeskipitkä aikaväli

Combining sensors, chips, algorithms, and vision can increase solution relevance to ADAS customers.

ADAS and intelligent-vehicle applicationsKeskipitkä aikaväli

Vehicle perception is a defined end market for the company’s holographic technologies.

Digital-twin and imaging expansionPitkä aikaväli

Broader applications can reduce dependence on a single automotive technology market.

Maantiede

MicroCloud is incorporated in the Cayman Islands and files with the U.S. Securities and Exchange Commission as a foreign private issuer. Its principal executive offices are in Shenzhen, China, and the company describes itself as a China-based holographic technology service provider. The available reports do not disclose country-level revenue shares, so geographic revenue concentration cannot be quantified from the supplied information.

Riskit

The business depends on converting technically specialized holographic, LiDAR, and digital-twin capabilities into recurring customer demand, while automotive adoption cycles and technology standards can change quickly. China-centered operations create exposure to regulatory, economic, currency, and cross-border risks, while the Cayman holding-company structure adds legal and reporting complexity. Reported losses, accumulated deficits, subsidiary changes, and convertible-bond activity may also increase financing and execution risk.

Järjestetty vakavuuden mukaan
Technology adoption riskKorkea

Customers may delay adoption if holographic LiDAR, imaging, or digital-twin solutions do not meet cost, performance, or integration requirements.

Kohdistuu: Product development and customer conversion

Automotive market and qualification riskKorkea

ADAS and intelligent-vehicle programs typically require lengthy validation cycles and depend on vehicle-production schedules.

Kohdistuu: Vehicle technology customers

China regulatory and geopolitical riskKorkea

China-centered operations and technology activities may be affected by changing data, export, foreign-investment, and securities regulations.

Kohdistuu: Chinese subsidiaries and cross-border operations

Financing and execution riskKorkea

Accumulated deficits, reported losses, and convertible-bond conversion activity can affect capital availability and shareholder dilution.

Kohdistuu: Funding and equity structure

Corporate structure riskKeskitaso

The Cayman parent, Hong Kong entities, and PRC subsidiaries create additional legal, tax, currency, and capital-transfer complexity.

Kohdistuu: Group governance and cash movement

Kirjanpito

Harkinnanvaraiset erät
Foreign-currency translation

PRC and Hong Kong subsidiaries report in currencies different from the Cayman parent’s presentation currency, affecting accumulated other comprehensive income or loss.

Vaikutus: Reported equity and comprehensive income

Non-controlling interests

The group includes partially owned entities, including a HaiCloud entity described as 65% owned by HaiYun Group.

Vaikutus: Attribution of consolidated earnings and equity

Convertible-bond conversion

The reported cash-flow information identifies conversion of convertible bonds, which can reclassify financing balances into equity and affect dilution.

Vaikutus: Debt, equity, and share-count presentation

Subsidiary disposals

The statements reference disposal of subsidiaries, creating potential gains, losses, and comparability effects.

Vaikutus: Reported earnings and consolidated scope

Revenue recognition for technology services

Timing may differ between delivered software, engineering work, licensing, and integrated solutions, although detailed contract terms are not provided.

Vaikutus: Revenue timing and deferred contract balances

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 8.9.2026