Shenzhen Urovo Technology Co Ltd

Urovo Technology released its 2026 interim report. Operating revenue was 986 million yuan, up 32.9% year on year. Net profit attributable to the parent company was 94.84 million yuan, up 114.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 92.12 million yuan, up 120.8% year on year. Net operating cash flow was negative 313 million yuan, down 276.5% year on year. Fully diluted earnings per share were 0.2954 yuan. In the second quarter, operating revenue was 538 million yuan, up 38.3% year on year. Net profit attributable to the parent was 51.64 million yuan, up 124.0% year on year. Net profit attributable to the parent after deducting non-recurring items was 50.23 million yuan, up 125.5% year on year. Earnings per share were 0.1608 yuan. As of the end of the second quarter, total assets were 2.456 billion yuan, up 15.1% from the end of the previous year. Net assets attributable to the parent were 1.374 billion yuan, up 7.5% from the end of the previous year. In the interim report, the company said its core business includes research and development, production, and sales of AIDC terminal products such as smart data terminals, smart payment terminals, dedicated printers, and intelligent automation equipment, as well as related software and cloud service platforms. During the reporting period, it continued to deepen its global footprint under the dual-driver strategy of AIDC plus AI, with overseas market revenue up 62.78% year on year.

Urovo Technology has released its earnings forecast, projecting first-half 2026 revenue of 970 million to 1.03 billion yuan, a year-on-year increase of 30.78% to 38.87%. Net profit attributable to shareholders is expected to be 90 million to 100 million yuan, up 103.37% to 125.97%. Deducted non-recurring net profit is forecast at 87 million to 97 million yuan, a rise of 108.48% to 132.44%. The company said its main business remains steady and improving, with continuous refinement of its overseas channel system, leading to a significant year-on-year jump in overseas revenue. At the same time, it is advancing its AIDC plus AI strategy, with product added value and solution capabilities steadily improving, driving relatively rapid earnings growth.