SenseTime Reports Generative AI Driven Revenue Growth
SenseTime said on March 25 that 2025 revenue rose 32.9% year-on-year to RMB 5.0 billion (USD 724.1 million), driven by a 51% increase in generative AI revenue to RMB 3.6 billion, which accounted for 72.4% of group revenue. EBITDA turned positive in H2 at RMB 376.4 million but full-year EBITDA and adjusted EBITDA remained negative, and operating cash flow stayed negative; a Neo-based foundation model is expected in Q2.
Key Points
- 1Report revenue growth: 32.9% to RMB 5.0b; generative AI up 51% to RMB 3.6b
- 2Highlight margin and profitability improvements: H2 EBITDA positive RMB 376.4m but full-year EBITDA negative RMB 471.3m
- 3Signal financing dependence: cash rose to RMB 10.9b largely from RMB 5.6b financing inflows, risk to sustainability
Scoring Rationale
Solid company earnings detail and product roadmap, but improvements partly funded by disposals and financing, limiting operational strength.
Sources
Public references used for this report.
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