iMotion Automotive expects FY2025 pre-tax loss of RMB415.19 million

Reuters
Mar 06
iMotion Automotive expects FY2025 pre-tax loss of RMB415.19 million

iMotion Automotive Technology (Suzhou) expects a loss before tax of about RMB415.19 million for FY2025, versus a loss before tax of about RMB288.34 million in FY2024. The company said the loss widened by around 44% year over year. It attributed the deterioration mainly to higher R&D spending and a decline in gross profit due to lower SupervisionTM autonomous driving controller revenue.

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