Robust Revenue Growth
Total revenue grew 42% year-over-year and 23% quarter-over-quarter in Q4 2024, with a full year revenue increase of 21% to RMB807 million.
Reduction in Non-GAAP Operating Losses
Non-GAAP operating losses decreased by about RMB18 million quarter-over-quarter and about RMB7 million year-over-year to RMB42 million in Q4 2024.
Strong Cash Flow Generation
The company generated about $39 million in operating cash flow, closing Q4 with a net cash position of about $250 million.
Expansion in Robotics Business
Robotics revenue outgrew other business segments within AI and others, contributing about one-third of AI and other revenues, or about 10% of total revenues.
Launch of AgentOS
Introduction of AgentOS, a next-generation voice interaction system for service robots, enhancing voice-enabled capabilities and expanding the total addressable market.
Global Expansion and Market Leadership
Cheetah became the largest service robot provider in Italy within 12 months and plans to open a European headquarters in Germany.