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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
MetaX
MetaX (688802) investor relations material
MetaX Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Mar, 2026
Executive summary
Revenue reached ¥1,644.09 million, up 121.26% year-over-year, driven by strong GPU product shipments and market acceptance.
Net loss attributable to shareholders narrowed to ¥789.45 million, a 43.97% reduction from the prior year.
Gross margin improved to 56.51%, up 3.02 percentage points year-over-year.
R&D investment remained high at ¥1,027.39 million, representing 62.49% of revenue.
Company listed on the STAR Market in December 2025, raising significant capital.
Financial highlights
Operating income: ¥1,644.09 million, up 121.26% year-over-year.
Net loss: ¥789.45 million, loss narrowed by ¥619.43 million year-over-year.
Operating cash flow: -¥1,260.07 million, improved from -¥2,148.02 million last year.
Basic and diluted EPS: -2.44 yuan, improved from -7.01 yuan and -6.66 yuan respectively.
Gross margin: 56.51%, up 3.02 percentage points year-over-year.
Outlook and guidance
Management expects continued high revenue growth as new products scale and market share expands.
Losses are expected to continue narrowing as cost controls and product mix improve.
Next-generation GPU products (C600, X206, C700) are in development and expected to drive future growth.
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Next MetaX earnings date
Q1 202627 May, 2026
MetaX
Next MetaX earnings date
Q1 202627 May, 2026
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