Chinese EDA giant Empyrean’s H1 2025 results: Revenue rose 13.01% YoY to 502 million yuan; net profit plummeted 91.90% YoY to 3.07 million yuan; non-IFRS net loss hit 18.62 million yuan.
Excluding 104 million yuan in share-based payments (from 2023 incentive plan amortization), net profit was 102 million yuan.
R&D spending reached 365 million yuan (72.84% of revenue) for EDA software innovation and new product development.
Notably, 2024 saw revenue growth (+20.98% to 1.222 billion yuan) but first non-IFRS net loss (57.07 million yuan), with net profit down 45.46% to 109 million yuan.
As of June 30, it held 355 patents and 181 software copyrights. Executives noted its analog/memory EDA tools fully replace foreign ones, but digital design/wafer manufacturing coverage is incomplete, with plans for full-domain toolchains.
ICgoodFind: Empyrean needs to balance short-term performance and long-term competitiveness amid high R&D.
