Lucas GC Limited announced its financial results for the first half of fiscal year 2025 on October 31, 2025. The company reported total revenue of US$54.01 million for the period. Despite a decrease in revenue, Lucas GC Limited achieved an increase in its gross margin compared to the first half of 2024.
The company attributed the revenue decrease to a slowdown in the overall Chinese economy. Management also cited a strategic change to focus on higher-margin products and an increased focus on initiating operations outside China as contributing factors to the revenue moderation.
Lucas GC Limited continued its investment in research and development, with R&D expenses representing 11.86% of revenue. This investment supported the acquisition of one additional patent related to core Artificial Intelligence technology, bringing the company's total number of granted patents to 20.
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