INLIF LIMITED Reports First Half of Fiscal Year 2025 Financial Results
Rhea-AI Summary
INLIF (NASDAQ:INLF), a manufacturer of injection molding machine manipulator arms, reported its H1 FY2025 financial results. The company achieved revenue of $10.27 million, up 52.49% year-over-year, driven by strong demand from new energy vehicles, home appliances, and packaging industries. However, despite revenue growth, INLIF reported a net loss of $1.98 million compared to a net income of $0.39 million in the prior year period.
The company's gross profit increased 4.90% to $1.80 million, though gross margin declined to 17.50% from 25.45%. Operating expenses surged 148.04% to $3.87 million, primarily due to increased administrative costs and share-based compensation. INLIF's strategic initiatives included participation in industry exhibitions, generating over 450 qualified leads and 15 new orders, while expanding its R&D team from 141 to 186 employees.
Positive
- Revenue grew significantly by 52.49% year-over-year to $10.27 million
- Sales of manipulator arms increased 30.69% to $4.37 million
- Raw materials and scraps sales surged 142.33% to $5.47 million
- Successfully generated 450 qualified leads and converted 15 into new orders from exhibitions
- R&D team expanded from 141 to 186 employees, showing commitment to innovation
- Reduced selling expenses by 14.48% through cost-control initiatives
Negative
- Net loss of $1.98 million compared to net income of $0.39 million in prior year
- Gross margin declined significantly from 25.45% to 17.50%
- Operating expenses increased 148.04% to $3.87 million
- Cash and cash equivalents decreased to $1.72 million from $2.47 million
- Net cash used in operating activities increased to $2.94 million from $0.29 million
- Accessories sales declined significantly from $1.05 million to $0.39 million
News Market Reaction
On the day this news was published, INLF declined 2.99%, reflecting a moderate negative market reaction. Argus tracked a peak move of +23.4% during that session. Argus tracked a trough of -9.0% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $362K from the company's valuation, bringing the market cap to $12M at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
QUANZHOU,
Mr. Rongjun Xu, Chief Executive Officer of INLIF, remarked, "We are pleased to present our financial performance results for the first half of fiscal year 2025, highlighting our continued growth in both revenue and gross profit as compared to the same period in 2024. Driven by the expansion of our customer base and rising demand for manipulator arms, particularly from capacity expansion in industries such as new energy vehicles, home appliances, and packaging, along with government incentives for automation and intelligent manufacturing, our revenue maintained strong momentum, increasing
This performance reflects the success of our proactive expansion strategy, including active sales and marketing initiatives and a strong focus on technological innovation, which have significantly contributed to new customer acquisition and sales growth. During the period, we actively participated in domestic industry exhibitions to attract potential customers and executed expansion initiatives through online platforms to enhance overseas outreach. Specifically, we exhibited in
At the same time, we are committed to continuing our investment in research and development (R&D) to advance our products with more practical and efficient technologies. Furthermore, we believe that our successful initial public offering on Nasdaq has elevated our brand recognition and market visibility.
In parallel, we adhered to a disciplined and balanced cost-control strategy. We tightened control over selling expenses by reducing travel and marketing costs, while improving the efficiency of customer acquisition through hosting receptions at our own facilities and leveraging online platforms more effectively.
Meanwhile, we expanded our administrative headcount and granted share-based compensation to key administrative employees during the period to strengthen our core management team and support future development. While these one-time expenses contributed to a net loss for the current period, we believe they had no material impact on our operations or financial health.
Looking ahead, we remain confident in our preparation and ongoing strategic initiatives for sustained growth and development. We are committed to delivering greater value to our shareholders through our unwavering efforts and dedication."
First Half of Fiscal Year 2025 Financial Summary
- Net revenue was
for the first half of fiscal year 2025, representing an increase of$10.27 million 52.49% from for the same period of last year.$6.74 million - Gross profit was
.80 million for the first half of fiscal year 2025, representing an increase of$1 4.90% from for the same period of last year.$1.71 million - Gross profit margin was
17.50% for the first half of fiscal year 2025, compared to25.45% for the same period of last year. - Net loss was
.98 million for the first half of fiscal year 2025, compared to a net income of$1 for the same period of last year.$0.39 million - Basic and diluted loss per share were
.13 for the first half of fiscal year 2025, compared to basic and diluted earnings per share of$0 .03 for the same period of last year.$0
F irst H alf of F iscal Y ear 2025 Financial Results
Net Revenue
Net revenue was
- Sales of manipulator arms and installation and warranty services were
for the first half of fiscal year 2025, representing an increase of$4.37 million 30.69% from for the same period of last year.$3.35 million - Sales of accessories were
for the first half of fiscal year 2025, compared to$0.39 million for the same period of last year.$1.05 million - Sales of raw materials and scraps were
for the first half of fiscal year 2025, representing an increase of$5.47 million 142.33% from for the same period of last year.$2.26 million - Sales of installation services were
for the first half of fiscal year 2025, compared to$41,523 for the same period of last year.$87,364
Cost of Revenue
Cost of revenue was
Gross Profit and Gross Profit Margin
Gross profit was
Gross profit margin was
Operating Expenses
Operating expenses were
- Selling expenses were
for the first half of fiscal year 2025, representing a decrease of$0.41 million 14.48% from for the same period of last year. The decrease was mainly due to (i) a reduction of approximately$0.48 million in entertainment expenses, as customer receptions were held at the Company's own facilities; (ii) a reduction of approximately$0.02 million in travel expenses, mainly due to fewer personnel participating in exhibitions in the first half of 2025 compared with the same period in 2024; and (iii) a decrease of approximately$0.01 million in advertising expenses, as the Company did not renew its advertising contract upon expiration in 2025.$0.08 million - General and administrative expenses were
for the first half of fiscal year 2025, representing an increase of$2.68 million 485.23% from for the same period of last year. The increase was mainly due to (i) an increase in staff salaries and benefits by approximately$0.46 million , primarily due to the growth in administrative headcount from 118 in the first half of 2024 to 149 in the first half of 2025; (ii) an increase of share-based compensation expenses by approximately$0.06 million in connection with equity incentives granted to three key administrative employees in the first half of 2025; and (iii) an increase of approximately$1.76 million in expenses related to the Company's internal celebration of its Nasdaq listing.$0.04 million - Research and development expenses were
for the first half of fiscal year 2025, representing an increase of$0.77 million 24.68% from for the same period of last year. The increase was primarily attributable to the expansion of the research and development team, with headcount rising from 141 in the first half of 2024 to 186 in the first half of 2025, resulting in higher personnel costs, as well as increased investment in research activities and related material consumption.$0.62 million
Net Income (Loss)
Net income was
Basic and Diluted Earnings (Loss) per Share
Basic and diluted loss per share were
Financial Condition
As of June 30, 2025, the Company had cash and cash equivalents of
Net cash used in operating activities was
Net cash used in investing activities was
Net cash provided by financing activities was
About INLIF LIMITED
Through its operating entity in
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statement filed with the
For investor and media inquiries, please contact:
INLIF LIMITED
Investor Relations Department
Email: ir@yiwate88.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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INLIF LIMITED |
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As of |
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As of |
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ASSETS |
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CURRENT ASSETS: |
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Cash and cash equivalents |
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$ |
1,715,784 |
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$ |
2,467,638 |
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Accounts receivable, net |
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7,141,688 |
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3,840,120 |
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Inventories |
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3,662,699 |
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5,300,458 |
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Deferred offering costs |
|
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— |
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|
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1,482,558 |
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Prepayments and other current assets |
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4,638,000 |
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|
|
159,570 |
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Amounts due from related parties |
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2,089 |
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|
|
1,030 |
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TOTAL CURRENT ASSETS |
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$ |
17,160,260 |
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$ |
13,251,374 |
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NON-CURRENT ASSETS: |
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Property, plant, and equipment, net |
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$ |
3,487,572 |
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$ |
3,037,312 |
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Land-use rights, net |
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2,146,880 |
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2,130,164 |
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Intangible assets, net |
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41,979 |
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|
43,773 |
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Finance lease assets |
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111,202 |
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— |
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Deferred tax assets |
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6,991 |
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|
5,169 |
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TOTAL NON-CURRENT ASSETS |
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$ |
5,794,624 |
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$ |
5,216,418 |
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TOTAL ASSETS |
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$ |
22,954,884 |
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$ |
18,467,792 |
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LIABILITIES |
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CURRENT LIABILITIES: |
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Accounts payable |
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$ |
1,726,132 |
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$ |
3,132,613 |
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Bank loans |
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4,578,703 |
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4,630,581 |
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Contract liabilities |
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— |
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1,712 |
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Accrued expenses and other payables |
|
|
471,883 |
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|
|
190,645 |
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Warranty liabilities |
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|
46,080 |
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|
|
31,602 |
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Income taxes payable |
|
|
8,906 |
|
|
|
27,337 |
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Amounts due to related parties |
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|
169,812 |
|
|
|
186,768 |
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Current finance lease liabilities |
|
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58,925 |
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— |
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TOTAL CURRENT LIABILITIES |
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$ |
7,060,441 |
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$ |
8,201,258 |
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NON-CURRENT LIABILIT: |
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Finance lease liabilities |
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$ |
42,946 |
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$ |
— |
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TOTAL NON-CURRENT LIABILITY |
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$ |
42,946 |
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$ |
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TOTAL LIABILITIES |
|
$ |
7,103,387 |
|
|
$ |
8,201,258 |
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COMMITMENTS AND CONTINGENCIES (NOTE 19) |
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SHAREHOLDERS' EQUITY |
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Class A Ordinary Share, |
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$ |
340 |
|
|
$ |
— |
|
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Class B Ordinary Share, |
|
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1,250 |
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|
|
1,250 |
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Additional paid-in capital |
|
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14,378,738 |
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7,037,503 |
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Statutory reserve |
|
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361,083 |
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|
|
361,083 |
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Retained earnings |
|
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1,226,398 |
|
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3,201,818 |
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Accumulated other comprehensive loss |
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|
(116,312) |
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|
|
(335,120) |
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TOTAL SHAREHOLDERS' EQUITY |
|
$ |
15,851,497 |
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$ |
10,266,534 |
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TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
|
$ |
22,954,884 |
|
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$ |
18,467,792 |
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* |
The share amounts are presented on a retrospective basis. |
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INLIF LIMITED |
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For the six months |
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2025 |
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2024 |
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Revenue |
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$ |
10,270,988 |
|
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$ |
6,735,689 |
|
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Cost of revenue |
|
|
(8,473,079) |
|
|
|
(5,021,704) |
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Gross profit |
|
|
1,797,909 |
|
|
|
1,713,985 |
|
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|
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|
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Operating expenses: |
|
|
|
|
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|
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|
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Selling expenses |
|
|
(412,056) |
|
|
|
(481,822) |
|
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General and administrative expenses |
|
|
(2,682,433) |
|
|
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(458,358) |
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Research and development expenses |
|
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(770,713) |
|
|
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(618,137) |
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Total operating expenses |
|
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(3,865,202) |
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|
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(1,558,317) |
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Operating (loss) income |
|
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(2,067,293) |
|
|
|
155,668 |
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Other income (expenses): |
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Interest income |
|
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135,574 |
|
|
|
1,186 |
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Interest expenses |
|
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(94,780) |
|
|
|
(91,740) |
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Other income, net |
|
|
19,810 |
|
|
|
344,341 |
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Other expenses, net |
|
|
(4,272) |
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|
|
(1,831) |
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Exchange gain |
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33,838 |
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|
|
280 |
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Total other expenses, net |
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|
90,170 |
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252,236 |
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(Loss) Income before income tax |
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(1,977,123) |
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|
|
407,904 |
|
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Income tax benefits (expenses) |
|
|
1,703 |
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|
|
(17,823) |
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Net (loss) income |
|
$ |
(1,975,420) |
|
|
$ |
390,081 |
|
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|
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|
|
|
|
|
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Comprehensive income (loss) |
|
|
|
|
|
|
|
|
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Net (loss) income |
|
$ |
(1,975,420) |
|
|
$ |
390,081 |
|
|
Foreign currency translation adjustments, net of tax |
|
|
218,808 |
|
|
|
(218,837) |
|
|
Comprehensive (loss) income |
|
$ |
(1,756,612) |
|
|
$ |
171,244 |
|
|
|
|
|
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|
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Earnings per share, basic and diluted |
|
$ |
(0.13) |
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$ |
0.03 |
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Weighted average number of shares |
|
|
14,787,293 |
|
|
|
12,500,000 |
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* |
The share amounts are presented on a retrospective basis. |
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INLIF LIMITED |
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For the six months |
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|
2025 |
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2024 |
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Cash flows from operating activities: |
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Net (loss) income |
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$ |
(1,975,420) |
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|
$ |
390,081 |
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Adjustments to reconcile net (loss) income to net cash used in operating activities: |
|
|
— |
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|
|
— |
|
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Share-based compensation |
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1,764,000 |
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|
|
— |
|
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Depreciation and amortization |
|
|
141,432 |
|
|
|
184,531 |
|
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Bad debt reversal |
|
|
(2,333) |
|
|
|
(2,767) |
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Amortization of finance lease right of use assets |
|
|
868 |
|
|
|
— |
|
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Deferred tax assets |
|
|
(1,822) |
|
|
|
415 |
|
|
Changes in operating assets and liabilities: |
|
|
|
|
|
|
|
|
|
Accounts receivable |
|
|
(3,299,235) |
|
|
|
131,004 |
|
|
Inventories |
|
|
1,637,759 |
|
|
|
392,025 |
|
|
Prepayments and other current assets |
|
|
(78,431) |
|
|
|
8,224 |
|
|
Accounts payable |
|
|
(1,406,480) |
|
|
|
(1,219,751) |
|
|
Interest expense on finance lease liabilities |
|
|
541 |
|
|
|
— |
|
|
Contract liabilities |
|
|
(1,712) |
|
|
|
(58,344) |
|
|
Accrued expenses and other payables |
|
|
281,237 |
|
|
|
(134,076) |
|
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Warranty liabilities |
|
|
14,478 |
|
|
|
— |
|
|
Income taxes payable |
|
|
(18,430) |
|
|
|
14,599 |
|
|
Net cash used in operating activities |
|
|
(2,943,548) |
|
|
|
(294,059) |
|
|
|
|
|
|
|
|
|
|
|
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Cash flows from investing activities: |
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|
|
|
|
|
|
|
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Purchase of property, plant, and equipment |
|
|
(618,796) |
|
|
|
(5,743) |
|
|
Loans to related parties |
|
|
(1,070) |
|
|
|
— |
|
|
Loan to a third party |
|
|
(4,400,000) |
|
|
|
— |
|
|
Net cash used in investing activities |
|
|
(5,019,866) |
|
|
|
(5,743) |
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
Issuance of ordinary shares, net of offering costs |
|
|
7,060,133 |
|
|
|
— |
|
|
Principal payments on finance lease liabilities |
|
|
(10,741) |
|
|
|
— |
|
|
Proceeds from short-term loans |
|
|
3,196,717 |
|
|
|
3,548,186 |
|
|
Repayment of short-term loans |
|
|
(3,336,311) |
|
|
|
(2,217,616) |
|
|
Deferred offering costs |
|
|
|
|
|
|
(202,380) |
|
|
Amount financed from related parties |
|
|
— |
|
|
|
572,422 |
|
|
Amount repaid to related parties |
|
|
— |
|
|
|
(226,943) |
|
|
Net cash provided by financing activities |
|
|
6,909,798 |
|
|
|
1,473,669 |
|
|
Effect of exchange rate changes |
|
|
301,762 |
|
|
|
(176,010) |
|
|
Net (decrease) increase in cash |
|
|
(751,854) |
|
|
|
997,857 |
|
|
Cash and cash equivalents at beginning of the period |
|
|
2,467,638 |
|
|
|
598,933 |
|
|
Cash and cash equivalents at end of the period |
|
$ |
1,715,784 |
|
|
$ |
1,596,790 |
|
|
|
|
|
|
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|
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Supplemental disclosures of cash flows information: |
|
|
|
|
|
|
|
|
|
Cash paid for income taxes |
|
|
15,326 |
|
|
|
340 |
|
|
Cash paid for interest expense |
|
|
94,780 |
|
|
|
95,869 |
|
|
|
|
|
|
|
|
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|
|
Supplementary disclosure of non-cash information: |
|
|
|
|
|
|
|
|
|
Right of use assets obtained in exchange for finance lease liabilities |
|
|
112,071 |
|
|
|
— |
|
View original content:https://www.prnewswire.com/news-releases/inlif-limited-reports-first-half-of-fiscal-year-2025-financial-results-302569972.html
SOURCE INLIF LIMITED