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KingSmith Celebrates 10 Years of Innovation with Global “One Endless Journey” Campaign

DALLAS, Sept. 13, 2025 /PRNewswire/ — KingSmith, a leader in compact, space-saving fitness technology, is celebrating its 10th anniversary with the launch of “One Endless Journey”, a global campaign honoring a decade of innovation and encouraging people to take the first step toward healthier, more active living.

One Endless Journey
One Endless Journey

Running throughout September, the campaign includes a new TV commercial, exclusive anniversary discounts on top products, and a dedicated online message wall where users can share their personal fitness stories. Together, these efforts spotlight how small, consistent actions can lead to lasting transformation.

“For ten years, our mission has been to make exercising at home easier and smarter,” said Nick, Vice President at KingSmith. “With ‘One Endless Journey,’ we’re celebrating the progress our community has made and inspiring more people to start their own paths to wellness.”

Real Stories. Real Steps.

The heart of “One Endless Journey” is progress made step by step. In the campaign’s TV commercial, fitness expert Annie Cooper reminds viewers, “It doesn’t need to be all at once.” This message reflects KingSmith’s mission to empower people to build sustainable, healthy habits that lead to lasting strength and confidence.

A Decade of Innovation

Founded in 2015, KingSmith revolutionized home workouts with its award-winning WalkingPad® treadmill, a foldable design that fit seamlessly into modern living spaces. Since then, the company has expanded its line to include rowers, bikes, and compact strength equipment, now serving millions of users across more than 80 countries.

Anniversary Product Highlights

To mark the milestone, KingSmith is offering special savings on its top products designed for U.S. homes:

  • X21 Treadmill – Premium treadmill with Vertical Fold technology, top speeds of 7.5 mph, SpeedDial knob, and NFC connectivity for seamless tracking via the KS Fit app.
  • WM10 Rower – Combines the natural feel of water resistance with 32 levels of magnetic resistance for a dynamic, full-body workout. Its TriFold frame folds to one-third of its full size for easy storage.
  • W1B Foldable Exercise Bike – Eight resistance levels and a SafeStop button for added safety. Its foldable, electricity-free design makes it ideal for compact home spaces.

A Call to Move

More than a celebration, “One Endless Journey” invites people to take that first step, however small, and make fitness part of everyday life.

To explore anniversary deals, share a story, or watch the campaign video, visit: https://www.kingsmithfitness.com/ks-10/?country=us.

About KingSmith

KingSmith is a global leader in compact fitness technology and the creator of the award-winning WalkingPad treadmill. With over 260 patents, KingSmith continues to innovate with smarter, space-efficient, and sustainable solutions that help people stay active and balanced in everyday life.

For more information, visit https://www.walkingpad.com.

 

Infinix and PUBG MOBILE Expand Global Esports Strategy, Ushering in a New Era for African Esports

The inaugural PUBG MOBILE Africa Cup Grand Finals kick off in Kenya on September 13, with the Infinix GT 30 Pro serving as the official tournament device

HONG KONG, Sept. 13, 2025 /PRNewswire/ — Infinix, in partnership with PUBG MOBILE, today announced the launch of the inaugural 2025 PUBG MOBILE Africa Cup, with the grand finals scheduled to take place in Kenya on September 13–14. Marking PUBG MOBILE’s first official large-scale tournament on the African continent, the event designates the Infinix GT 30 Pro as the official tournament device, delivering professional-grade performance for all participating teams. This milestone not only ushers in a new era for Africa’s esports ecosystem but also underscores Infinix’s strategic role in the global competitive gaming arena.

 

PMAC 2025 Africa

Since last year, Infinix has collaborated with PUBG MOBILE to host esports events across key markets in the Middle East, South Asia, Central Asia, and Europe, including leading the PMSL championship team to debut on New York’s Times Square. In 2025, the partnership expanded further into Latin America and Africa. The launch of the Africa Cup not only creates a direct pathway for local players to compete on the world’s top stage but also demonstrates the continued advancement of both parties’ global strategic vision.

Following a series of qualifiers and group stages, top teams have advanced and will now face off in Kenya for the championship title. With a total prize pool of USD $8,000, the winning team will claim USD $2,000 and earn direct qualification to the 2025 PUBG MOBILE Global Championship (PMGC) — representing a pivotal leap from regional competition to the international stage.

Setting global standards for professional esports and driving African esports toward a new milestone.

As the official tournament device, the Infinix GT 30 Pro delivers a professional esports experience through flagship-grade hardware and deeply optimized gaming performance. The device features a high-performance processor, a high-refresh-rate AMOLED display, and official support for PUBG MOBILE at 120 frames per second (FPS). Whether in the fast-paced intensity of FPS battles or the sustained demands of Multiplayer Online Battle Arena (MOBA) gameplay, the GT 30 Pro ensures the stability and responsiveness required by international tournament standards. This reflects the GT Series’ “Born for Gaming” DNA and underscores Infinix’s continued commitment to advancing professional esports technology.

Tony Zhao, Chief Executive Officer of Infinix shared, “Esports is becoming an integral part of culture and lifestyle for the younger generation. Through our partnership with PUBG MOBILE, we are not only creating a professional tournament experience for esports talent across Africa, but also helping them overcome geographical boundaries and step onto the global stage. By harnessing innovative technology and a diverse ecosystem, Infinix is committed to empowering growth and advancing the sustainable development of the regional esports landscape.”

“Partnering with Infinix to launch this landmark tournament in Africa is a major step forward for the region’s esports landscape. Africa’s competitive gaming scene is rising rapidly, and the 2025 PUBG MOBILE Africa Cup will serve as a vital bridge between local talent and the global stage. We look forward to seeing more local talents showcase their skills internationally,” added Brian, Head of Esports Publishing for PUBG MOBILE Africa.

Expanding the Esports Experience

Beyond the competition itself, Infinix will host a Gaming Fan Festival during the Africa Cup, featuring cheer squad performances, esports open days, a 360-degree fan stage, PUBG-themed cosplay, and an online lucky draw offering fans the chance to win a trip to Thailand to watch a live tournament. These activities aim to celebrate esports culture, enhance fan engagement, and bring the brand closer to its community.

The 2025 PUBG MOBILE Africa Cup marks a milestone for African esports on the global stage. Through ongoing collaborations with PUBG MOBILE across MENA, CSA, Africa, Latin America, Turkey, and Europe, Infinix reinforces its commitment to the global esports ecosystem. Powering the tournament with the Infinix GT 30 Pro, the brand highlights its flagship-level performance and dedication to advancing professional esports.

Looking ahead, Infinix will continue to drive product innovation and ecosystem development to support a more diverse and sustainable global esports landscape. With the GT 30 launching on September 11, the brand reaffirms its “Tech for Enjoyment” philosophy, bringing young people worldwide more creative and playful digital lifestyles.

About Infinix

Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more—building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 70 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia.

For more information, please visit: http://www.infinixmobility.com/ 

About PUBG MOBILE:

PUBG MOBILE is based on PUBG: BATTLEGROUNDS, the phenomenon that took the world of interactive entertainment by storm in 2017. Up to 100 players parachute onto a remote island to battle in a winner-takes-all showdown. Players must locate and scavenge their own weapons, vehicles, and supplies, and defeat every player in a visually and tactically rich battleground that forces players into a shrinking play zone. PUBG MOBILE is co-developed by LIGHTSPEED STUDIOS of Tencent Games and KRAFTON Inc.

For more information, please visit the official PUBG MOBILE accounts on Facebook, Instagram, X, YouTube, and TikTok.

PUBG MOBILE is available to download for free on the App Store and Google Play.

 

2025 PUBG MOBILE Africa Cup poster, featuring the 2024 PMCC Nigeria Champion Team
2025 PUBG MOBILE Africa Cup poster, featuring the 2024 PMCC Nigeria Champion Team

SmallRig Expands iPhone 17 Pro Creative Potential with Full Professional Accessories

SHENZHEN, China, Sept. 12, 2025 /PRNewswire/ — SmallRig, a leading designer and manufacturer of innovative photo- and video-accessories, has introduced a lineup of comprehensive Video Cage Kit for the iPhone 17 Pro Series. Released in tandem with the new iPhones, the collection forms a modular, comprehensive ecosystem aimed at unlocking the iPhone 17 Pro’s imaging capabilities and elevating the mobile professional-filmmaking experience.

SmallRig Cage Series for iPhone 17 Pro Series
SmallRig Cage Series for iPhone 17 Pro Series

During Apple’s September 9 keynote, the company premiered a cinematic video showcasing the iPhone 17 Pro’s advanced camera features. Following the presentation, a special video was revealed, featuring the music video for singer Jackson Wang’s latest single Let Loose. Co-directed and performed by Wang, the entire project was also shot on the iPhone 17 Pro. In both productions, the comprehensive Video Cage Kit for the iPhone 17 Pro Series played an essential role.

Established in 2013, SmallRig has built a reputation for designing comprehensive systems tailored to content creators. Its portfolio spans camera- and mobile-device expansion, lighting solutions, power management, and more. By emphasizing versatility, compatibility, and production efficiency, the company has developed an accessory ecosystem trusted by more than 10 million creators worldwide.

SmallRig first appeared in Apple’s promotional materials in 2021 with the launch of the iPhone 13 series, marking the beginning of its visibility in Apple’s creative campaigns. In 2023, SmallRig’s kits accompanied the iPhone 15 Pro, helping showcase the device’s cinematic imaging capabilities. The following year, its accessories gained worldwide attention when used in the production of The Weeknd’s Dancing in the Flames music video, created with the iPhone 16 Pro. This consistent presence highlights the technical reliability and creative versatility of SmallRig solutions.

At the center of SmallRig’s newly released lineup is the Video Cage Kit for iPhone 17 Pro Series. Engineered for mobile filmmakers, the dual-handle grip transforms the iPhone into a versatile camera system suitable for video production, live streaming, and short-form content creation. The cage provides multiple mounting points for external accessories while ensuring dual-layer protection for the device.

Another key addition is the FilMov Magnetic Photography Phone Case for iPhone 17 Pro Series. Designed to combine everyday protection with professional-grade expandability, the case is fully MagSafe-compatible and integrates seamlessly into SmallRig’s accessory ecosystem. With support for attachable lenses, filters, handles, lights, microphones, and docks, it instantly converts the iPhone into a professional shooting rig. A hidden stand allows for quick setup, while compatibility with SmallRig’s expansion frame ensures flexibility across different creative needs.

Building on these product innovations, SmallRig is also extending its vision beyond hardware to explore new forms of creative expression and cultural resonance. The company is preparing to launch a limited-edition collaboration series with Transformers. This upcoming release is expected to merge cultural storytelling with functional innovation, offering creators new possibilities beyond conventional accessory design.

By continually appearing alongside the top tech brand’s flagship launches and introducing forward-looking solutions, SmallRig reinforces its role as a leading force in mobile content creation. The debut of its professional accessory lineup for the iPhone 17 Pro series underscores the company’s commitment to empowering creators, demonstrating its vision of redefining how smartphones can serve as fully capable tools for filmmaking and storytelling.

To learn more about the latest lineup, please visit: https://www.smallrig.com/global/.

Antigravity Debuts World’s First 8K 360 Drone at IFA 2025

BERLIN, Sept. 12, 2025 /PRNewswire/ — Every September, the world of consumer tech gathers in Berlin for IFA, one of the largest technology trade shows in the world. 2025 marks Antigravity’s first entry onto the scene.

Antigravity’s First-Ever Public Appearance

IFA 2025 marked the public debut of Antigravity A1, the world’s first 8K 360 drone.[1] Sharing a big booth with Insta360, Antigravity let thousands of visitors experience immersive drone flight firsthand. The combination of A1, the Vision goggles, and Grip controller allowed visitors to immerse themselves in the future of flight.

The response was overwhelming, with visitors expressing excitement over A1’s capabilities, many referring to it as a game changer and industry disruptor. With many looking forward to being able to tell new stories with the unique combination of technologies in A1. Others were excited that they could share memories in new and immersive ways.

Recognition From the Industry

Antigravity A1 received 18 industry awards at IFA 2025, including several Best of IFA titles from leading outlets such as Wired, Tom’s Guide and TechRadar. The recognition highlights A1’s breakthrough combination of 360 capture, intuitive control, and advanced flight technology.

Looking Ahead

Antigravity’s debut comes at a pivotal moment for the drone industry, where innovation has slowed. With the A1, Antigravity is redefining aerial exploration and setting a new standard for immersive flight experiences.

“Antigravity A1 makes high-quality drone footage simple for anyone to capture,” said Jason England of Tom’s Guide.

IFA 2025 is just the beginning. Antigravity will showcase A1 at additional global trade shows in the months ahead, ensuring more people can experience what is already being called one of the most exciting drones in years.

About Antigravity

Antigravity is a consumer drone company reimagining how people experience flight. Incubated by Insta360 in collaboration with third parties, Antigravity develops powerful 360 drones that are immersive, creator-ready, and easy for anyone to fly — whether capturing family moments, weekend adventures, or creative projects.

Antigravity on Social Media

YouTube
Instagram
Facebook
X (formerly Twitter)
TikTok
LinkedIn

[1]The term world’s first refers to the fact that, as of July 28, 2025, Antigravity has announced the market’s first 8K all-in-one 360 drone. It captures high-quality 360 video directly without the need for an external 360 camera attachment. The drone features a built-in 360 camera, supports real-time data transmission, and allows users to adjust shooting parameters on the fly.

Asia’s Travel Titans Are Here! D Asia Travels, Asian Trails India, Asia Medan & KL City Tour Join Forces to Dominate the Travel Scene!

KUALA LUMPUR, Malaysia, Sept. 12, 2025 /PRNewswire/ — Travellers across Asia now have access to a wider range of curated holiday experiences as Discovery Asia Travel Group — comprising D Asia Travels, Asian Trails India, Asia Medan, and Kuala Lumpur City Tour (KLCT) — strengthens its presence across the region. With each agency specialising in different markets, the group provides travellers from Malaysia, Singapore, India, and Indonesia with seamless journeys tailored to cultural exploration, romance, family holidays, and eco-adventures.

From Malaysia to India and Beyond: Discovery Asia Expands Seamless Travel Offerings
From Malaysia to India and Beyond: Discovery Asia Expands Seamless Travel Offerings

India Journeys with Asian Trails India

India remains a popular destination for travellers seeking both romance and cultural depth. Asian Trails India has developed a range of itineraries including its well-regarded Kerala honeymoon packages, which feature stays in traditional houseboats, retreats in the hill stations of Munnar, Ayurvedic wellness experiences, and coastal dining by the Arabian Sea. Designed with couples in mind, these programmes are particularly attractive to travellers from Malaysia and Singapore who are looking for an authentic introduction to India’s southern landscapes.

“Our Kerala packages are handcrafted to provide comfort alongside authenticity,” said the Asian Trails India team. “Every detail is designed to create lasting memories.”

More information is available at www.asiantrailsindia.com.

Rediscovering Indonesia with Asia Medan

As inbound tourism in Indonesia gains momentum, Asia Medan continues to highlight the country’s natural beauty and cultural diversity. The agency curates trips to destinations such as Lake Toba, Bali, Yogyakarta, Lombok, and Komodo, with experiences ranging from rainforest treks to village encounters. By combining iconic highlights with opportunities for community engagement, Asia Medan ensures visitors experience both the scenic and cultural dimensions of Indonesia.

Travellers can learn more at www.asiamedan.com.

Malaysia’s Cultural and Natural Heritage

Kuala Lumpur City Tour (KLCT) focuses on inbound tourism to Malaysia, offering travellers an integrated view of the country’s urban centres and natural landscapes. Its itineraries include city explorations in Kuala Lumpur, heritage visits to Penang, island stays in Langkawi, and nature retreats in the Cameron Highlands and Taman Negara. KLCT positions Malaysia as a destination that balances modern vibrancy with traditional and ecological richness.

Further details can be found at www.kualalumpurcitytour.com.

Global Travel with D Asia Travels

At the centre of the group’s operations, D Asia Travels provides a broad portfolio of worldwide holiday packages. Established in 2009, the agency has become known for designing trips that include full-service planning across Asia, Europe, and beyond. Services include air ticketing, accommodation, visa support, local guides, and transfers, with options tailored to diverse traveller needs, including halal-friendly services.

Travellers can explore global offerings at www.dasiatravels.com.

A Network of Trusted Specialists

Together, the four agencies of Discovery Asia Travel Group form a regional network that combines local expertise with international reach. Each agency contributes specialist knowledge while sharing a commitment to reliability, cultural authenticity, and traveller support. By uniting under one group, they provide travellers with greater choice and the assurance of licensed operators with established track records.

“We are not just arranging tours,” said Mohd Arshad, Director of D Asia Travels. “Our goal is to curate experiences that allow people to connect meaningfully with culture, nature, and one another.”

Invitation to Explore

Travellers from Malaysia, Singapore, India, and Indonesia are invited to explore Discovery Asia Travel Group’s offerings through the agencies’ dedicated websites:

About Discovery Asia (D Asia Travel Group of Companies)
Established in Malaysia in 2009, Discovery Asia is a group of trusted travel brands dedicated to delivering authentic and seamless travel solutions. Together, D Asia Travels, Asian Trails India, Asia Medan, and Kuala Lumpur City Tour connect travellers to experiences that blend culture, comfort, and discovery across Asia.

Prenetics Announces Second Quarter 2025 Financial Results with IM8 on Track to Achieve $100M Annual Recurring Revenue by Year’s End

1st Half revenue grew 452.1% to $32.3 million YoY

IM8 achieved $5.9 million revenue in August 2025, representing a CAGR[1] of over 3,100%

Prenetics increases FY2025 revenue guidance range of $85$100 million

Prenetics provides update on Bitcoin Treasury, adding a total of 228 Bitcoin, and accumulating 1 BTC daily

Prenetics to achieve break-even in Q1 2026, and EBITDA positive moving forward

HONG KONG, Sept. 12, 2025 /PRNewswire/ — Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company, today announced unaudited financial results for the second quarter ended June 30, 2025, along with recent business updates.

Danny Yeung, Chief Executive Officer and Co-Founder remarked “This quarter marks a pivotal moment for Prenetics as we demonstrate the successful execution of our strategic vision. The phenomenal growth of IM8, which is on track to achieve an unprecedented $100 million in annual recurring revenue within just our first year of operations, represents a milestone that is virtually unheard of in any industry. With IM8 currently generating $5.9 million in monthly revenue in August, we aim to hit $9 million per month by the end of the year, which would solidify our path to this extraordinary achievement. With such strong growth momentum, we believe we can build IM8 into one of the World’s largest health and wellness brands in the coming years. Beyond the financial metrics, what makes me truly proud is the positive impact IM8 has had on so many people’s health and wellness journeys – with over 8 million servings delivered and more than 300,000 customer orders, we are genuinely making a difference in people’s lives.”

Danny further added “We’ve embraced a new strategic philosophy focused on optimizing both health and wealth – just as IM8 enhances people’s physical well-being, our disciplined Bitcoin treasury strategy is designed to enhance our financial well-being and create long-term value preservation for our shareholders. We are not just building a successful health sciences company; we are building a company that is forward-thinking and resilient. With a strong balance sheet of $90 million in cash and BTC, a clear path to profitability in early 2026, and multiple avenues for growth, we are more confident than ever in our ability to deliver significant and sustainable long-term value to our shareholders.”

Second Quarter 2025 Financial Highlights[2]

  • Revenue of $17.7 million in the second quarter of 2025, an increase of 594.9% as compared to the second quarter of 2024.
  • Gross profit of $7.3 million in the second quarter of 2025, an increase of 233.5% as compared to the second quarter of 2024.
  • Adjusted EBITDA[3] loss of $(4.1) million in the second quarter of 2025, a decrease of 8.7% as compared to the first quarter of 2025.
  • Loss of $(10.9) million in the second quarter of 2025, an increase of 22.7% as compared to the second quarter of 2024.
  • Adjusted current assets[4] were $90.3 million, including $63.5 million of cash. As of September 10, 2025, the Company held 228.42 Bitcoin[5] with a value of $26.1 million and remained debt-free.

[1] CAGR refers to the annualized rate derived by applying the standard CAGR formula to IM8’s eight-month revenue increase from December 2024 to August 2025.

[2] Unless otherwise specified, financial figures in this press release denotes results from continuing operations, which excludes our divested ACT Genomics. Refer to section ACT Genomics Divestment on the divestment of ACT Genomics and related IFRS Accounting Standards.

[3] Adjusted EBITDA is a non-IFRS financial measure defined as loss for the period excluding (1) depreciation and amortization, (2) interest income, (3) other finance costs, (4) income tax (credit)/expense, (5) amortization of deferred expenses, (6) equity-settled share-based payment expenses, (7) acquisition and transaction-related costs, (8) strategic realignment and discontinued products impact, (9) exchange gain or loss, net, (10) fair value loss on financial assets at fair value through profit or loss, (11) fair value loss on warrant liabilities, (12) share of loss of equity-accounted investees, net of tax, and (13) loss from discontinued operation, net of tax. These adjustments are made for items that may not be indicative of our business performance, including non-cash and/or non-recurring items.

[4] Represents current assets, including estimated proceeds from the divestment of ACT Genomics in the form of $46.3 million to be settled in cash, cash and cash equivalents totaling $17.2 million, financial assets at fair value through profit or loss of $10.5 million, and trade receivables of $1.8 million, amongst other accounting line items under current assets as of June 30, 2025.

[5] Bitcoin is classified as non-current intangible assets under IFRS Accounting Standards. Bitcoin holdings value is as of September 10, 2025.

 

Second Quarter Business Unit Revenue Breakdown:

  • IM8 – $9.8 million (Increase of 70% over Q1)
  • Europa – $5.7 million
  • CircleDNA – $2.2 million

First Half 2025 Financial Highlights

  • Revenue of $32.3 million in the first half 2025, an increase of 452.1% as compared to the first half 2024.
  • Gross profit of $13.2 million in the first half 2025, expanded by 166.4% as compared to the first half 2024.
  • Adjusted EBITDA loss of $(8.7) million in the first half 2025, an increase of 45.4% as compared to the first half 2024.
  • Loss of $(19.8) million in the first half 2025, an increase of 30.2% as compared to the first half 2024.

First Half Business Unit Revenue Breakdown:

  • IM8 – $15.5 million
  • Europa – $12.0 million
  • CircleDNA – $4.8 million

Business Updates and Strategic Initiatives

IM8 Strong Business Momentum:

IM8 Health, a brand 100% wholly owned by Prenetics, has rapidly emerged as one of the fastest-growing supplement brands globally since its launch in December 2024. The brand’s high-profile status with David Beckham as its co-founding partner is further bolstered by its multi-year partnership with Aryna Sabalenka, the World No. 1 tennis player and 2025 US Open champion, who serves as a global ambassador and Prenetics shareholder. The brand’s marketing prowess was demonstrated during the US Open with an AI-powered Aryna Sabalenka video that went viral on Instagram, generating an extraordinary 233 million views. The campaign also featured prominently on the iconic Times Square billboard throughout the US Open and will continue running through the end of September, showcasing IM8’s ability to capture global attention and drive brand awareness at scale.

IM8 has further strengthened its scientific advisory board with the addition of Dr. Darshan Shah, a leading regenerative medicine physician and longevity expert; Dr. Ara Suppiah, a renowned sports medicine specialist and performance optimization physician; and Simon Hill, a prominent nutritionist and plant-based nutrition advocate. Looking ahead, the company is very excited about its new upcoming products, which will be best-in-class from a science perspective, further strengthening IM8’s position as a leader in premium nutrition and longevity solutions.

IM8 has demonstrated exceptional growth, with monthly net revenue surging from $581,000 in December 2024 to $5.9 million in August 2025, representing a compound annual growth rate (CAGR)[1] of over 3,100%. This remarkable performance is underscored by strong underlying business fundamentals and a highly efficient customer acquisition strategy. In the first half of 2025, IM8 Health achieved a 80%+ new customer subscription rate and an average order value of $110, reflecting strong customer loyalty and high-value transactions. With a gross margin of 52% and a customer acquisition cost of $104 in the first half of 2025, the brand’s unit economics are compelling, further evidenced by an implied LTV/CAC ratio of 4.8x. To date, IM8 has processed more than 300,000 customer orders and delivered more than 8 million servings of its flagship product, IM8 Daily Ultimate Essentials, solidifying its position as a significant player in the crowded health and wellness market.

IM8 Health – Key Performance Indicators (1H 2025 unless otherwise indicated)

Metric

Value

August 2025 Revenue

$5.9 million

CAGR

3,100 %

New Customer Subscription Rate

80 %

Average Order Value

$110.00

Gross Margin

52 %

Customer Acquisition Cost (CAC)

$104.00

Projected 12-Month Lifetime Value (LTV)

~$500

Implied LTV/CAC Ratio

4.8x

Total Customer Orders

148,261

Total Customer Orders (up to September 11, 2025)

300,000+

Total Servings Served (up to September 11, 2025)

8 million+

 

Strategic Bitcoin Treasury Initiatives:

Leveraging our strong cash position and robust business fundamentals, we initiated a disciplined treasury reserve program in the second quarter, starting with an initial $20 million purchase of 187.42 BTC at an average price of $106,712 BTC in June 2025. This was followed by our programmatic daily accumulation of Bitcoin as a primary treasury reserve asset, funded directly from our operating cash beginning on August 1, 2025. As of September 10, 2025, the company holds 228.42 BTC on its balance sheet, acquired at an overall average price of approximately $108,131 per BTC. At the current Bitcoin price of $115,105, this position reflects an unrealized gain of approximately $1.6 million, equating to an annualized yield of roughly 30% since the initiation of our program in June 2025.

Looking ahead, we plan to continue our disciplined approach with daily acquisitions of 1 BTC through the remainder of 20256, with expectations to further increase our accumulation rate in 2026 as our cash generation continues to strengthen. Additional purchase will be funded from available cash flows while maintaining prudent operating liquidity. This strategic move reflects our conviction in Bitcoin as a superior store of value and a compelling, non-correlated asset with significant long-term appreciation potential. By systematically converting a portion of our cash flows into Bitcoin, we are not only preserving our capital against inflationary pressures but also positioning Prenetics to capture the asymmetric upside of this emerging asset class. We believe this proactive and forward-thinking treasury management approach will enhance our financial strength and create substantial long-term value for our shareholders.

To further enhance transparency, we have launched a dedicated Bitcoin Treasury Analytics page, which provides real-time updates on our holdings and performance, available at: https://www.prenetics.com/btc 

Business Outlook

Prenetics increases full-year 2025 guidance range of $85 – 100 million in revenue and expects to achieve breakeven by Q1 2026. Our combination of disciplined execution in consumer health, strengthening brand equity at IM8, a flexible capital markets posture, and strong balance sheet positions Prenetics to deliver significant growth.

Breakdown of Full-Year Business Unit Revenue Guidance:

  • IM8: $55$60 million
  • Europa: $20$25 million
  • CircleDNA: $10$15 million

ACT Genomics Divestment

We announced on June 18, 2025 on the divestment of ACT Genomics to Delta Electronics, Inc for a total transaction value of approximately $71.8 million, with a gross proceeds to Prenetics of $46.3 million as settlement. Closing is progressing as planned and is expected in Q4 2025. In line with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations, ACT Genomics has been classified as a disposal group held for sale and a discontinued operation. Accordingly, its results are presented separately from continuing operations, and prior-period comparatives have been re-presented for consistency.

About Prenetics

Prenetics (NASDAQ:PRE), a leading health sciences company, is dedicated to advancing consumer health. Our consumer initiative is led by IM8, one of the World’s fastest growing supplement brands, Europa, one of the largest sports distribution companies in the USA, and CircleDNA, a leading direct-to-consumer DNA test. As the first consumer healthcare company to establish a Bitcoin treasury with its initial $20 million Bitcoin purchase and board-approved comprehensive Bitcoin strategy, Prenetics is pioneering the intersection of healthcare innovation and digital asset adoption. To learn more please visit www.prenetics.com and www.IM8health.com

About IM8

IM8 is the pinnacle of premium core nutrition, born from a collaboration between David Beckham as a co-founding partner, and an elite team of scientists spanning medical professionals, academia and space science. Combining cutting-edge science with nature’s most potent ingredients, IM8 delivers a holistic, science-backed approach to health, empowering you to live your most vibrant life. IM8’s flagship product, Daily Ultimate Essentials is an all-in-one powder supplement engineered to replace 16 different supplements in a delicious drink and is NSF Certified for Sport, non-GMO, vegan, free from common allergens, and contains no artificial flavors, colors or sweeteners. IM8 is a subsidiary of Prenetics (NASDAQ: PRE), a leading global health sciences company dedicated to advancing consumer health. To learn more about IM8, please visit www.IM8health.com

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s goals, targets, projections, outlooks, beliefs, expectations, strategy, plans, objectives of management for future operations of the Company, and growth opportunities are forward-looking statements. Our guidance (including revenue ranges and breakdown timing) reflects management’s current estimates and assumptions as of the date of this release, is subject to significant risks and uncertainties, and is not a guarantee of future performance. Actual results may differ materially. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” “guidance,” “outlook,” “forecast,” or other similar expressions. Forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which involve inherent risks and uncertainties, therefore they should not be relied upon as being necessarily indicative of future results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to: the Company’s ability to further develop and grow its business, including new products and services; its ability to execute on its new business strategy in genomics, precision oncology, and specifically, early detection for cancer; the results of case control studies and/or clinical trials; and its ability to identify and execute on M&A opportunities, especially in precision oncology. In addition to the foregoing factors, you should also carefully consider the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent registration statement and the prospectus therein, and the other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Basis of Presentation

Prior year/ period figures have been re-presented in accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations, as result of the ACT Genomics divestment, the Group has classified ACT Genomics as held for sale and discontinued operations in June 2025.

Unaudited Non-IFRS Financial Measures has been provided in the financial statements tables included at the end of this press release. An explanation of these measures is also included below under the heading “Unaudited Non-IFRS Financial Measures”.

Unaudited Non-IFRS Financial Measures

To supplement Prenetics’ consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), the Company is providing non-IFRS measure, adjusted EBITDA loss from continuing operations. This non-IFRS financial measure is not based on any standardized methodology prescribed by IFRS and are not necessarily comparable to similarly-titled measures presented by other companies. Management believes this non-IFRS financial measure is useful to investors in evaluating the Company’s ongoing operating results and trends.

Management is excluding from some or all of its non-IFRS results (1) depreciation and amortization, (2) interest income, (3) other finance costs, (4) income tax (credit)/expense, (5) amortization of deferred expenses, (6) equity-settled share-based payment expenses, (7) acquisition and transaction-related costs, (8) strategic realignment and discontinued products impact, (9) exchange gain or loss, net, (10) fair value loss on financial assets at fair value through profit or loss, (11) fair value loss on warrant liabilities, (12) share of loss of equity-accounted investees, net of tax, and (13) loss from discontinued operation, net of tax — items that may not be indicative of our business, results of operations, or outlook, including but not limited to non-cash and/ or non-recurring items. These non-IFRS financial measures are limited in value because they exclude certain items that may have a material impact on the reported financial results. Management accounts for this limitation by analyzing results on an IFRS basis as well as a non-IFRS basis and also by providing IFRS measures in the Company’s public disclosures.

In addition, other companies, including companies in the same industry, may not use the same non-IFRS measures or may calculate these metrics in a different manner than management or may use other financial measures to evaluate their performance, all of which could reduce the usefulness of these non-IFRS measures as comparative measures. Because of these limitations, the Company’s non-IFRS financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with IFRS. Investors are encouraged to review the non-IFRS reconciliations provided in the tables captioned “Reconciliation of loss for the period under IFRS and adjusted EBITDA loss (Non-IFRS)”, “Revenue by business unit from continuing operations (Non-IFRS)” and “Reconciliation of current assets under IFRS and adjusted current assets (Non-IFRS)” set forth at the end of this document.

 

 

PRENETICS GLOBAL LIMITED

Unaudited consolidated statements of financial position

(All amounts in thousands of U.S. dollars (“$”))

June 30,

March 31,

December 31,

2025

2025

2024

(Restated)

(Restated)

Assets

Property, plant and equipment

$                    2,744

$                    3,256

$                    3,780

Intangible assets

273

380

488

Cryptocurrency assets

20,285

Goodwill

8,194

8,194

8,194

Interests in equity-accounted investees

66,693

67,038

67,396

Financial assets at fair value through profit or loss

1,103

1,103

1,103

Other non-current assets

449

451

451

Non-current assets

99,741

80,422

81,412

Deferred expenses

1,492

3,549

Inventories

4,297

4,629

4,736

Trade receivables

1,845

1,669

1,372

Deposits, prepayments and other receivables

8,151

6,280

7,488

Amount due from a disposal group

2,012

2,181

2,630

Amount due from a related company

21

3

3

Financial assets at fair value through profit or loss

10,462

10,562

10,562

Cash and cash equivalents

17,249

43,153

45,406

Current assets

44,037

69,969

75,746

Assets classified as held for sale

55,328

55,806

59,044

Total assets

$                199,106

$                206,197

$                216,202

Liabilities

Deferred tax liabilities

$                           5

$                         44

$                         25

Warrant liabilities

875

237

175

Lease liabilities

1,048

1,381

1,760

Other non-current liabilities

228

229

230

Non-current liabilities

2,156

1,891

2,190

Trade payables

4,958

3,364

2,007

Accrued expenses and other current liabilities

8,692

8,173

7,099

Contract liabilities

6,623

6,169

6,475

Lease liabilities

1,526

1,619

1,691

Tax payable

13

13

13

Current liabilities

21,812

19,338

17,285

Liabilities associated with assets classified as held for sale

24,246

23,870

25,370

Total liabilities

48,214

45,099

44,845

Equity

Share capital

20

20

19

Reserves

119,880

129,232

137,754

Amounts recognized in other comprehensive income and accumulated
   in equity relating to assets classified as held for sale

31,082

31,936

33,673

Total equity attributable to equity shareholders of the Company

150,982

161,188

171,446

Non-controlling interests

(90)

(90)

(89)

Total equity

150,892

161,098

171,357

Total equity and liabilities

$                199,106

$                206,197

$                216,202

 

 

PRENETICS GLOBAL LIMITED

Unaudited consolidated statements of profit or loss and other comprehensive income

(All amounts in thousands of U.S. dollars (“$”) unless otherwise indicated)

Six Months Ended

June 30,

June 30,

2025

2024

(Restated)

Continuing operations

Revenue

$                  32,276

$                    5,846

Direct costs

(19,099)

(899)

Gross profit

13,177

4,947

Other income and other net gain

8

1,101

Selling and distribution expenses6

(9,590)

(2,750)

Research and development expenses6

(3,219)

(4,801)

Administrative and other operating expenses6

(18,803)

(12,969)

Loss from operations

(18,427)

(14,472)

Fair value loss on financial assets at fair value through profit or loss

(100)

(141)

Fair value loss on warrant liabilities

(700)

(87)

Share of loss of equity-accounted investees

(409)

(671)

Other finance costs

(141)

(19)

Loss before taxation

(19,777)

(15,390)

Income tax credit

13

208

Loss from continuing operations

(19,764)

(15,182)

Discontinued operation

Loss from discontinued operation, net of tax7

(3,979)

(5,015)

Loss for the period

(23,743)

(20,197)

Other comprehensive (expense)/income for the period

Items that will not be reclassified subsequently to profit or loss:

Share of other comprehensive income of equity-accounted investees

(294)

Gain on revaluation of intangible assets

285

Item that may be reclassified subsequently to profit or loss:

Exchange difference on translation of foreign operations

397

(771)

Total comprehensive expense for the period

$                (23,355)

$                (20,968)

Loss attributable to:

Equity shareholders of Prenetics

$                (22,800)

$                (19,290)

Non-controlling interests

(943)

(907)

$                (23,743)

$                (20,197)

Total comprehensive expense attributable to:

Equity shareholders of Prenetics

$                (22,423)

$                (19,926)

Non-controlling interests

(932)

(1,042)

$                (23,355)

$                (20,968)

Loss per share:

Basic

(1.74)

(1.58)

Diluted

(1.74)

(1.58)

Loss per share – Continuing operations:

Basic

(1.51)

(1.24)

Diluted

(1.51)

(1.24)

Weighted average number of common shares:

Basic

13,126,271

12,219,121

Diluted

13,126,271

12,219,121

 

 

PRENETICS GLOBAL LIMITED

Unaudited consolidated statements of profit or loss and other comprehensive income

(All amounts in thousands of U.S. dollars (“$”) unless otherwise indicated)

Three Months Ended

June 30,

March 31,

June 30,

2025

2025

2024

(Restated)

(Restated)

Continuing operations

Revenue

$                  17,680

$                  14,596

$                    2,544

Direct costs

(10,391)

(8,708)

(358)

Gross profit

7,289

5,888

2,186

Other income and other net gain

(196)

204

448

Selling and distribution expenses[6]

(5,457)

(4,133)

(1,662)

Research and development expenses[6]

(1,212)

(2,007)

(2,498)

Administrative and other operating expenses[6]

(10,489)

(8,314)

(6,676)

Loss from operations

(10,065)

(8,362)

(8,202)

Fair value loss on financial assets at fair value through profit or
   loss

(100)

(141)

Fair value loss on warrant liabilities

(637)

(63)

(168)

Share of loss of equity-accounted investees

(87)

(322)

(377)

Other finance costs

(65)

(76)

(15)

Loss before taxation

(10,954)

(8,823)

(8,903)

Income tax credit/(expense)

33

(20)

5

Loss from continuing operations

(10,921)

(8,843)

(8,898)

Discontinued operation

Loss from discontinued operation, net of tax[7]

(1,806)

(2,173)

(2,248)

Loss for the period

(12,727)

(11,016)

(11,146)

Other comprehensive (expense)/income for the period

Items that will not be reclassified subsequently to profit or loss:

Share of other comprehensive income of equity-accounted
   investees

(258)

(36)

Gain on revaluation of intangible assets

285

Item that may be reclassified subsequently to profit or loss:

Exchange difference on translation of foreign operations

294

103

(340)

Total comprehensive expense for the period

$                (12,406)

$                (10,949)

$                (11,486)

Loss attributable to:

Equity shareholders of Prenetics

$                (12,410)

$                (10,390)

$                (10,722)

Non-controlling interests

(317)

(626)

(424)

$                (12,727)

$                (11,016)

$                (11,146)

Total comprehensive expense attributable to:

Equity shareholders of Prenetics

$                (12,180)

$                (10,243)

$                (10,925)

Non-controlling interests

(226)

(706)

(561)

$                (12,406)

$                (10,949)

$                (11,486)

Loss per share:

Basic

$                    (0.94)

$                    (0.80)

$                    (0.88)

Diluted

(0.94)

(0.80)

(0.88)

Loss per share – Continuing operations:

Basic

(0.82)

(0.68)

(0.73)

Diluted

(0.82)

(0.68)

(0.73)

Weighted average number of common shares:

Basic

13,247,315

13,003,881

12,222,337

Diluted

13,247,315

13,003,881

12,222,337

 

 

PRENETICS GLOBAL LIMITED

Unaudited Non-IFRS Financial Measures

(All amounts in thousands of U.S. dollars (“$”))

Reconciliation of loss for the period under IFRS and adjusted EBITDA (Non-IFRS)

Six Months Ended

June 30,

June 30,

2025

2024

(Restated)

Loss for the period under IFRS

$                (23,743)

$                (20,197)

Depreciation and amortization

1,248

1,311

Interest income

(731)

(1,047)

Other finance costs

141

19

Income tax credit

(13)

(208)

EBITDA under IFRS

(23,098)

(20,122)

Amortization of deferred expenses

3,549

4,133

Equity-settled share-based payment expenses

3,054

3,319

Acquisition and transaction-related costs

1,799

798

Strategic realignment and discontinued products impact

10

37

Exchange gain or loss, net

841

(34)

Fair value loss on financial assets at fair value through
   profit or loss

100

141

Fair value loss on warrant liabilities

700

87

Share of loss of equity-accounted investees, net of tax

409

671

Loss from discontinued operation, net of tax

3,979

5,015

Adjusted EBITDA (Non-IFRS)

$                  (8,657)

$                  (5,955)

 

Three Months Ended

June 30,

March 31,

June 30,

2025

2025

2024

(Restated)

(Restated)

Loss for the period under IFRS

$                (12,727)

$                (11,016)

$                (11,146)

Depreciation and amortization

617

631

517

Interest income

(309)

(422)

(522)

Other finance costs

65

76

15

Income tax (credit)/expense

(33)

20

(5)

EBITDA under IFRS

(12,387)

(10,711)

(11,141)

Amortization of deferred expenses

1,492

2,057

2,045

Equity-settled share-based payment expenses

1,887

1,167

1,464

Acquisition and transaction-related costs

1,674

125

798

Strategic realignment and discontinued products impact

8

2

29

Exchange gain or loss, net

564

277

82

Fair value loss on financial assets at fair value through
   profit or loss

100

141

Fair value loss on warrant liabilities

637

63

168

Share of loss of equity-accounted investees, net of tax

87

322

377

Loss from discontinued operation, net of tax

1,806

2,173

2,248

Adjusted EBITDA (Non-IFRS)

$                  (4,132)

$                  (4,525)

$                  (3,789)

 

 

PRENETICS GLOBAL LIMITED

Unaudited Non-IFRS Financial Measures

(All amounts in thousands of U.S. dollars (“$”))

Revenue by business unit from continuing operations (Non-IFRS)

Six Months Ended

June 30,

June 30,

2025

2024

(Restated)

Continuing operations

CircleDNA

$                    4,752

$                    5,846

IM8

15,486

Europa

12,038

$                  32,276

$                    5,846

 

Three Months Ended

June 30,

March 31,

June 30,

2025

2025

2024

(Restated)

(Restated)

Continuing operations

CircleDNA

$                    2,210

$                    2,542

$                    2,544

IM8

9,754

5,732

Europa

5,716

6,322

$                  17,680

$                  14,596

$                    2,544

 

Reconciliation of current assets under IFRS and adjusted current assets (Non-IFRS)

June 30,

December 31,

2025

2024

(Restated)

Current assets under IFRS

$                  44,037

$                  75,747

Estimated cash proceeds from the divestment of ACT
   Genomics

46,305

Adjusted current assets (Non-IFRS)

$                  90,342

$                  75,747

—————————————————————————

[6] Includes equity-settled share-based payment expenses from continuing operations as follows:

Six Months Ended

June 30,

June 30,

2025

2024

(Restated)

Continuing operations

Selling and distribution expenses

$                           2

$                         —

Research and development expenses

578

1,567

Administrative and other operating expenses

1,425

1,706

Total employee equity-settled share-based payment expenses

$                    2,005

$                    3,273

 

Three Months Ended

June 30,

March 31,

June 30,

2025

2025

2024

(Restated)

(Restated)

Continuing operations

Selling and distribution expenses

$                          1

$                          1

$                        —

Research and development expenses

111

467

810

Administrative and other operating expenses

968

457

629

Total employee equity-settled share-based payment
   expenses

$                    1,080

$                       925

$                    1,439

 

[7] ACT Genomics Holdings Company Limited (“ACT Genomics”) are classified as discontinued operations in accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations (“IFRS 5”). In accordance with IFRS 5, the results of the discontinued operation have been presented separately from the continuing operations in the consolidated statements of profit or loss and other comprehensive income.

 

 

WiMi Lays Out Variational Quantum Algorithms for Multidimensional Data Task Processing

BEIJING, Sept. 12, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced an in-depth study of the multidimensional pooling optimization technique in variational quantum algorithms. By introducing the Quantum Haar Transform (QHT) and quantum partial measurement, they provided a novel solution for multidimensional data pooling. The Haar transform is a classical signal processing technique used for data compression and feature extraction. The Quantum Haar Transform (QHT) is its extension within the quantum computing framework, which leverages the superposition and entanglement properties of quantum states to efficiently transform multidimensional data.

Through QHT, multidimensional data is mapped to a quantum state space, where each qubit represents a dimension or feature of the data. This mapping not only preserves the global structure of the data but also enhances the expression of local features. After the Quantum Haar Transform, quantum partial measurement techniques can selectively extract key information from the quantum state, enabling the pooling operation for multidimensional data. Unlike traditional pooling methods that directly discard part of the data, quantum partial measurement leverages the probabilistic nature of quantum states to retain the most important feature information in probabilistic form, according to predefined pooling strategies (such as max pooling, average pooling, etc.). This process not only reduces the data dimensionality but also preserves the locality and key features of the data, providing high-quality input for subsequent quantum classification or regression tasks.

Variational Quantum Algorithms (VQA) are hybrid algorithms that combine quantum computing and classical optimization. By using parameterized quantum circuits and optimization techniques such as gradient descent, VQAs iteratively adjust quantum states to minimize a given loss function. In multidimensional pooling optimization, VQA is used to optimize parameters, ensuring that the pooling operation can accurately capture key features of the data while maintaining computational efficiency and accuracy. Through an iterative optimization process, VQA continually adjusts the parameters of the quantum circuit so that the quantum state transformation and measurement process can maximally preserve the locality and feature structure of the data. Moreover, VQAs can directly perform pooling operations on multidimensional data without the need to reduce the data to one dimension, effectively retaining the locality and structural information of the data. The superposition and entanglement properties of quantum states enable more rich representations of multidimensional data in quantum space, helping to extract finer and more complex features. The utilization of quantum parallelism and entanglement allows VQA to significantly accelerate computation when handling large-scale multidimensional data, improving the efficiency of model training and inference. The VQA framework is highly scalable and can accommodate various types of multidimensional data processing needs, ranging from one-dimensional audio data to two-dimensional image data and even three-dimensional hyperspectral data. By adjusting the parameters and structure of the quantum circuit, VQA can be flexibly applied to different dimensional data processing tasks.

The multidimensional pooling optimization technology under the Variational Quantum Algorithm framework researched by WiMi provides a new solution for quantum machine learning in handling complex multidimensional data tasks. It not only overcomes the limitations of traditional pooling methods when dealing with high-dimensional data but also fully leverages the unique advantages of quantum computing. As quantum computing technology continues to develop and mature, the multidimensional pooling optimization technology under the VQA framework is expected to demonstrate its enormous application potential and value in more fields. In the future, with improvements in quantum hardware and algorithm optimization, this technology is expected to provide strong support for building more efficient and accurate quantum machine learning models.

About WiMi Hologram Cloud

WiMi Hologram Cloud, Inc. (NASDAQ:WiMi) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

 

MicroCloud Hologram Inc. Studies Quantum Oscillations: The “Precision Measurement Code” in Superconducting Quantum Systems

SHENZHEN, China, Sept. 12, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), is a technology service provider. Because traditional quantum estimation methods often struggle to capture accurate parameter information, how to achieve high-precision estimation in such a dynamic oscillation environment became the core goal of the study. They conducted in-depth research on this issue, focusing on a system of two different superconducting qubits coupled by a fixed capacitor, and explored a technical pathway to achieve high-precision estimation even in the presence of quantum oscillations, providing important references for quantum circuit design and the development of quantum metrology.

To achieve high-precision quantum parameter estimation, HOLO innovatively introduced Quantum Fisher Information (QFI) and Hilbert-Schmidt Speed (HSS) as core analytical tools, proposing a complete quantum estimation technology framework. Quantum Fisher Information, as the gold standard in quantum metrology, can quantify the theoretical limit of precision for parameter estimation, with its numerical value directly corresponding to the lower bound of the minimum estimation error for the parameter. Meanwhile, Hilbert-Schmidt Speed, from the geometric perspective of the quantum state space, describes the “speed level” of quantum states with respect to the parameter to be estimated, providing a new perspective for parameter estimation in dynamically evolving systems. In systems with quantum oscillations, QFI can capture the redundant parameter information contained in the quantum state during the oscillation process, while HSS effectively characterizes the dynamic sensitivity of quantum state evolution in an oscillating environment. The combination of the two forms a complementary estimation tool, providing theoretical support for overcoming oscillation interference.

Specifically, HOLO systematically analyzed the impact of Josephson junction arrangements on quantum estimation performance through a combination of numerical simulations and theoretical derivations. The study found that the series and parallel structures of Josephson junctions lead to differences in the equivalent inductance and capacitance of qubits, which in turn affect the system’s transition frequency and the range of detuning control. When Josephson junctions are arranged asymmetrically, the quantum oscillation frequency of the system exhibits richer modulation characteristics. Although this characteristic increases the complexity of state evolution, it also provides more information dimensions for QFI and HSS—by selecting an appropriate evolution time window, QFI can exhibit local peaks within the oscillation period, while HSS can reach its maximum at specific phases of the oscillation. The synergistic effect of the two enables the extraction of high-precision parameter information even in a continuously oscillating environment.

Josephson Parametric Amplifiers (JPAs), as key devices for amplifying weak signals in quantum circuits, have performance that directly depends on the parameter design of superconducting quantum systems, and HOLO’s research results provide important guidance for JPA optimization. The core working principle of JPAs is to utilize the nonlinear inductance of Josephson junctions to achieve parametric amplification, with their gain, bandwidth, and noise performance closely related to parameters such as the system’s detuning and coupling strength. By quantitatively evaluating these parameters using QFI and HSS, the optimal operating condition of JPAs can be precisely identified: when the system’s detuning is within a specific range, even in the presence of quantum oscillations, QFI can maintain a high value, indicating that high-precision estimation of the amplifier’s key parameters can be achieved at this point, thereby guiding the structural optimization of JPAs and enhancing their performance in quantum signal detection.

HOLO constructed a superconducting qubit simulation model to simulate the quantum oscillation behavior of the system under different Josephson junction arrangements and calculated the corresponding QFI and HSS values. The results show that in cases of large quantum oscillation amplitudes, by optimizing the measurement timing and parameter control strategies, the peak value of QFI can be improved by more than 30%, and HSS also exhibits a significant enhancement in sensitivity. This indicates that quantum estimation precision can indeed be effectively improved in an oscillating environment. This result challenges the traditional notion that “quantum oscillations inevitably lead to a decrease in estimation precision,” opening new directions for the application of quantum metrology in dynamic systems, particularly providing significant reference value for the design of devices such as quantum sensors and quantum gyroscopes that need to operate in complex quantum environments.

HOLO’s research not only successfully addressed the challenge of parameter estimation in the presence of quantum oscillations in superconducting quantum systems but also proposed a theoretical framework for estimation in dynamic quantum systems through the innovative application of Quantum Fisher Information and Hilbert-Schmidt Speed. As quantum technology continues to advance, the technical pathway proposed in this study is expected to find applications in a broader range of quantum systems, laying a solid foundation for high-precision quantum measurement and quantum information processing.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud’s holographic technology services include high-precision holographic light detection and ranging (“LiDAR”) solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, breakthrough technical holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems (“ADAS”). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud’s holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud’s holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. MicroCloud focuses on the development of quantum computing and quantum holography, and plans to invest over $400 million in cutting-edge technology sectors, including quantum computing technology development, quantum holography development, and the development of derivatives and technologies in artificial intelligence and augmented reality (AR).

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