Novautek Technologies Group Limited (HKEX:519) published its Annual Report for the financial year ended 30 June 2025. According to the Chairman’s Statement, the company underwent a strategic rebranding in early 2025 from its traditional property and investment background to an “AI Robotics-as-a-Service” (AI RaaS) platform. This move has led to notable progress in global expansion, product innovation, and talent ecosystem building.
Novautek reported that its AI robots business showed robust growth momentum, particularly within Hong Kong. The company highlighted successful deployments of service robots for various commercial settings and a focus on strengthening R&D and technology applications. In addition, management disclosed that Novautek has planned wider global reach for its robots and further integration with next-generation AI applications.
In its property segment, the Group’s Wuxi project in mainland China continued leasing activities and integrated robotics solutions into commercial properties for greater operational efficiency. The property arm’s revenue for FY2025 was HK$19.79 million with a gross profit margin of 25%. Rental income from investment properties reached HK$11.81 million, up from HK$6.62 million in the previous year. During the year, part of the commercial units in Wuxi were converted from properties held for sales to investment properties, boosting fair value gains.
The investment arm maintained its strategy of targeting AI, intelligent driving, and robotics-related prospects. It recorded a HK$15.09 million gain on disposal of certain financial assets and a HK$19.92 million fair value loss on other holdings. The company’s key investments in listed securities and investment funds continued to be monitored for value growth and synergy with Novautek’s core robotics focus.
For FY2025, Novautek’s total revenue fell 18% year-on-year to HK$33.80 million due to fewer delivered units in property sales. However, the Group recorded a turnaround to a HK$7.13 million net profit from the previous year’s loss, largely driven by a HK$74.52 million fair value gain on investment properties and a reversal of provisions. Looking ahead, the Board reaffirmed strong confidence in its AI robots business and planned expansions into Southeast Asia and other global markets targeting sustainable returns in technology-driven operations.