HONG KONG SAR - Media OutReach Newswire - 25 March 2026 - SenseTime (the "Company"; Stock Code: 0020) announced its annual results for 2025. For the full year, total revenue rose 33% year-on-year to more than RMB 5 billion, reaching a new record high and marking the fastest growth in three years. Net loss narrowed by 58.6% year-on-year, while adjusted net loss declined for a fourth consecutive half‑year period, with the pace of year‑on‑year reduction accelerating. EBITDA for the second half of 2025 reached RMB 380 million, turning positive for the first time since listing. The Company has successfully transitioned from a technological investment phase into a period of sustainable and accelerated growth. During the reporting period, its endogenous growth momentum continued to strengthen, alongside improved capital efficiency and resilient cash flow generation. Trade receivables collection rose to a record RMB 4.87 billion. Operating cash flow recorded a positive net inflow in the second half of 2025, marking the first such achievement since listing. Looking ahead, the Company plans to launch a new foundational model based on its second-generation NEO architecture in the second quarter of this year. The model is expected to deliver a further step in efficiency and cost-effectiveness, enabling the broad deployment of agentic AI applications. Dr. Xu Li, Chairman of the Board and Chief Executive Officer of SenseTime, said: "We firmly believe that the deep integration of language and vision represents the most effective path to pushing the boundaries of artificial intelligence. Built on our innovative NEO architecture, we have achieved unified understanding and generation, while exploring a new 'Scaling Law' for multimodal intelligence. These technological breakthroughs, together with the deep integration of agentic AI, will unlock new application possibilities and enable a new generation of vertical use cases. While continuing to drive innovation in core technologies, SenseTime has delivered dual growth in both revenue and EBITDA, demonstrating strong growth resilience and operational efficiency across the industry, and is steadily advancing towards high-quality development." Continuously rolling out native multimodal large models, "efficiency enhancement + cost reduction" drives accelerated commercial growth In 2025, SenseTime continued to invest in cutting-edge R&D, delivering breakthrough progress across large-model architecture innovation, training paradigms, inference efficiency, and spatial understanding, while maintaining its leading position in China. The performance of the SenseNova multimodal large model continues to improve steadily, maintaining long-term leadership across multiple authoritative benchmarks. The Company has successively released and open-sourced the SenseNova-SI Spatial Intelligence Model. In a comprehensive evaluation incorporating several internationally recognized spatial intelligence benchmarks, SenseNova-SI delivered outstanding results, ranking first globally among peer models. In parallel, the open-source Kairos-SenseNova became the first embodied native world model to achieve integrated multimodal understanding, generation, and prediction. In December 2025, SenseTime also unveiled and open-sourced NEO, an fundamentally new native multimodal model architecture. NEO achieves state-of-the-art performance comparable to industry peers of a similar scale while requiring only one-tenth of the training data and computing power. Together, these breakthroughs redefined model training paradigms and inference efficiency, marking SenseTime's entry into a new phase in its pursuit of deep multimodal integration Leveraging the leading capabilities of its SenseNova multimodal large model, SenseTime has established a robust, scalable and replicable B2B business model. By applying a comprehensive framework that assesses task complexity and fault tolerance, the Company is able to unlock the closed-loop value of AI agents across strategic use cases, including office productivity, finance, marketing, and content generation. Its customer base spans a broad range of industries, encompassing automotive, smart devices, consumer goods, Internet services, embodied intelligence, financial services, education and healthcare. Meanwhile, SenseTime has continued to make progress in developing a new generation of AI-native consumer applications. The Kapi product series has successfully built a user base numbering in the tens of millions, underscoring the strong growth potential of AI-native applications and demonstrating the Company's ability to embed advanced AI technologies into everyday life. SenseCore: Deeper coordination between computing infrastructure and model R&D unlocks international commercial potential As the core technological pillar of its "Infrastructure – Model – Application" strategy, SenseCore achieved a significant transition in 2025, converting...