MicroCloud Hologram Inc.

MicroCloud Hologram Inc.HOLOEarnings & Financial Report

Nasdaq · Information Technology · Services-Computer Programming, Data Processing, Etc.

MicroCloud Hologram Inc. is a global technology provider focused on holographic augmented reality solutions, holographic display hardware, and supporting software services. It serves consumer entertainment, education, commercial advertising, and industrial visualization segments across North America, Asia-Pacific and European markets.

HOLO Q2 FY2023 Key Financial Metrics

Revenue

$7.6M

Gross Profit

$3.3M

Operating Profit

$-804.9K

Net Profit

$-401.5K

Gross Margin

44.0%

Operating Margin

-10.6%

Net Margin

-5.3%

YoY Growth

-43.7%

MicroCloud Hologram Inc. Q2 FY2023 Financial Summary

MicroCloud Hologram Inc. reported revenue of $7.6M (down 43.7% YoY) for Q2 FY2023, with a net profit of $-401.5K (down 286.8% YoY) (-5.3% margin). Cost of goods sold was $4.2M, operating expenses totaled $4.1M.

Key Financial Metrics

Total Revenue$7.6M
Net Profit$-401.5K
Gross Margin44.0%
Operating Margin-10.6%
Report PeriodQ2 FY2023

MicroCloud Hologram Inc. Annual Revenue by Year

MicroCloud Hologram Inc. annual revenue history includes year-by-year totals (for example, 2022 revenue was $72.5M).

YearAnnual Revenue
2022$72.5M

MicroCloud Hologram Inc. Quarterly Revenue & Net Profit History

MicroCloud Hologram Inc. results over the last 6 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q2 FY2023$7.6M-43.7%$-401.5K-5.3%
Q1 FY2023$6.6M-72.8%$-3.6M-54.9%
Q4 FY2022$10.6M$-25.2M-237.3%
Q3 FY2022$24.2M$1.7M6.8%
Q2 FY2022$13.4M$-103.8K-0.8%
Q1 FY2022$24.2M$3.4M14.1%

Income Statement

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023
Revenue$24.2M$13.4M$24.2M$10.6M$6.6M$7.6M
YoY GrowthN/AN/AN/AN/A-72.8%-43.7%

Balance Sheet

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023
Assets$58.2M$58.4M$69.1M$40.9M$37.1M$35.0M
Liabilities$2.5M$2.8M$13.8M$12.4M$12.0M$11.4M
Equity$-2.4M$-2.8M$54.9M$28.5M$25.1M$23.7M

Cash Flow

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023
Operating CF$271975$-532739$5.1M$-24.9M$-1.5M$-891375