Momenta's H1 revenue reached 1.602 billion yuan, a 75.9% year-on-year increase, with adjusted net loss narrowing to 14.097 million yuan. Management stated that rapid profitability is not a short-term goal.
Momenta disclosed in its first interim report after listing that its revenue for the first half of the year reached 1.602 billion yuan, a year-on-year increase of 75.9%; its adjusted net loss significantly narrowed to 14.097 million yuan. However, the company's management stated at the earnings conference on the evening of August 31 that rapid short-term profitability is not the current goal, and in the second half of the year, they will continue to increase investment in R&D, hashrate, and global business commercialization. In the first half of the year, the company added approximately 321,000 mass-produced vehicles equipped with its technology, bringing the cumulative number of equipped vehicles to over 1 million. It also plans to expand its cloud GPU scale from 20,000 to a maximum of 60,000 units within the year, and its Robotaxi mass-produced model will be launched in the fourth quarter.
Source:华尔街见闻 · Source Link
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