RoboSense releases LiDAR sales in March 2024 and the first quarter

Sagitar Juchuang achieved significant financial growth in the first quarter of 2024, with total revenue reaching 360 million yuan, a year-on-year increase of 149.1%. Among them, sales of lidar products reached 120,400 units, a year-on-year increase of 457.4%. Especially in the field of ADAS, the sales volume of lidar products reached 116,200 units, a year-on-year increase of 542.0%; the sales volume of products in robots and other fields was approximately 4,200 units. In the first half of 2023, Sagitar Juchuang delivered a total of 39,900 ADAS lidars. However, the delivery volume fell 21% from the 147,500 units delivered in the fourth quarter of 2023. The company's sales revenue of lidar products for ADAS applications in 2023 will be 777 million yuan, but it will lose 1,884.77 yuan for every lidar sold.