Quick Verdict: INLIF LIMITED (Nasdaq: INLF) reported FY2025 revenue of $18.41 million (+16.52% YoY), but swung to a net loss of $5.45 million (EPS: -$0.33) from net income of $1.61 million a year ago, driven by $5.14 million in non-recurring share-based compensation. The stock closed up +5.45% at $0.36 on March 6, 2026, and rose an additional +2.75% in after-hours trading to $0.37.
About INLIF LIMITED
INLIF LIMITED (Nasdaq: INLF) is a China-based industrial automation company engaged in the research, development, manufacturing, and sales of injection molding machine-dedicated manipulator arms. The company operates through its wholly-owned subsidiary, Ewatt Robot Equipment Co. Ltd., established in September 2016 and headquartered in Quanzhou, Fujian Province, China.
INLIF produces an extensive portfolio of injection molding machine-dedicated manipulator arms, including transverse single and double-axis manipulator arms, transverse and longitudinal multi-axis manipulator arms, and large bullhead multi-axis manipulator arms. In FY2025, the company strategically expanded into the new energy sector, launching automation solutions for lithium battery and energy storage production lines. The company completed its Nasdaq IPO in 2025 with an $8 million initial public offering.
| Metric | Value |
| Ticker | INLF (Nasdaq) |
| Market Cap | ~$2.31M |
| Share Price (Mar 6 close) | $0.36 |
| P/E Ratio | -8.91 (TTM) |
| 52-Week High / Low | $2.58 / $0.30 |
| Dividend Yield | N/A |
| Employees (est.) | ~118 (based on revenue per employee ~$155.9K) |
| Headquarters | Quanzhou, Fujian, China |
| Founded | 2016 |
Top Financial Highlights
- Total Revenue: $18.41 million, up 16.52% from $15.80 million in FY2024.
- Net Loss: ($5.45 million), compared to net income of $1.61 million in FY2024.
- Basic & Diluted Loss Per Share: ($0.33), compared to EPS of $0.13 in FY2024.
- Gross Profit: $4.29 million, down from $4.55 million in FY2024.
- Gross Profit Margin: 23.33%, down from 28.83% in FY2024.
- Operating Expenses: $10.11 million, up 209.63% YoY, driven by $5.14 million in share-based compensation.
- Operating Loss: ($5.82 million), compared to operating income of $1.29 million in FY2024.
- Operating Cash Flow: ($1.89 million) used in operations, compared to $1.58 million provided in FY2024.
- Cash & Cash Equivalents: $6.72 million as of Dec 31, 2025, up from $2.47 million a year earlier.
- Manipulator Arms & Services Revenue: $9.07 million (49.3% of total), down from $10.33 million.
- Accessories Revenue: $2.27 million, up 57.74% YoY.
- Raw Materials & Scraps Revenue: $4.64 million, up 17.83% YoY.
- New Energy Sector Products Revenue: $2.39 million, a brand-new segment contributing 12.98% of total revenue.
- R&D Expenses: $2.07 million, up 32.26% YoY, reflecting expanded R&D workforce.
- Total Assets: $24.77 million, up from $18.47 million in FY2024.
Inlif Limited Consolidated Balance Sheets
Inlif Limited Consolidated Statements of Operations and Comprehensive Income (Loss)
Inlif Limited Consolidated Statements of Cash Flows
Beat or Miss?
INLIF LIMITED is a micro-cap company that went public in 2025, and there are currently no published analyst consensus estimates available for the stock. As such, a direct comparison against Wall Street expectations is not possible. However, the table below benchmarks FY2025 results against FY2024 actuals and the company’s own strategic commentary.
| Metric | FY2025 Reported | FY2024 Actual | Difference / Analysis |
| Revenue | $18.41M | $15.80M | +$2.61M (+16.52%) — Beat prior year |
| Gross Profit | $4.29M | $4.55M | -$0.26M (-5.68%) — Margin compression |
| Gross Margin | 23.33% | 28.83% | -550 bps — Higher unit costs & new segment mix |
| Operating Expenses | $10.11M | $3.27M | +$6.85M (+209.63%) — $5.14M SBC impact |
| Net Income (Loss) | ($5.45M) | $1.61M | -$7.06M — Swing to loss |
| EPS | ($0.33) | $0.13 | -$0.46 — Loss per share |
| Cash Position | $6.72M | $2.47M | +$4.25M — IPO proceeds strengthened balance sheet |
| Operating Cash Flow | ($1.89M) | $1.58M | -$3.47M — Turned negative |
What Leadership Is Saying?
“Fiscal year 2025 marked a pivotal period of transformative momentum for our growth trajectory. We believe the strategic actions taken during the year have established a strong foundation for our future development, building upon the achievements of prior years. In response to the accelerating intelligentization of the manipulator arm industry, we strategically reallocated resources and business efforts toward newly launched equipment projects focused on the new energy sector. This strategic pivot delivered tangible results, with the new segment growing from zero to contributing 12.98% of total revenue in fiscal year 2025.” – CEO Rongjun Xu — Strategic Vision
“To support long-term sustainable growth and retain key management and employees, we implemented two share-based compensation incentive plans during the year. We believe these incentives represent a prudent and necessary investment in our long-term future… Despite reporting a net loss attributable to the impacts of our transformation, we achieved revenue growth of 16.52%, maintained a relatively stable gross profit, and sustained a resilient gross margin well above 20%. These results underscore the fundamental strength and resilience of our core business model.” – CEO Rongjun Xu — Financial Outlook & Talent Investment
Note: INLIF does not appear to have a separately named CFO providing public commentary in this release. Both quotes are from CEO Rongjun Xu.
Historical Performance
FY2025 vs. FY2024 vs. FY2023
| Category | FY2025 | FY2024 | FY2023 | Change FY25 vs. FY24 (%) |
| Revenue | $18.41M | $15.80M | $12.61M | +16.52% |
| Cost of Revenue | $14.11M | $11.24M | $8.45M | +25.53% |
| Gross Profit | $4.29M | $4.55M | $4.16M | -5.68% |
| Operating Expenses | $10.11M | $3.27M | $2.77M | +209.63% |
| Operating Income (Loss) | ($5.82M) | $1.29M | $1.39M | N/M (swing to loss) |
| Net Income (Loss) | ($5.45M) | $1.61M | $1.35M | N/M (swing to loss) |
| EPS (Basic & Diluted) | ($0.33) | $0.13 | $0.11 | N/M |
| Cash & Equivalents | $6.72M | $2.47M | $0.60M | +172.19% |
INLIF has demonstrated consistent top-line growth, with revenue increasing from $12.61 million in FY2023 to $18.41 million in FY2025 — a cumulative growth of approximately 46% over two years. However, the profitability picture has deteriorated sharply in FY2025 due to the one-time $5.14 million share-based compensation charge, which accounted for the vast majority of the operating loss.
Competitor Comparison
Industrial Automation Peers
INLIF operates in the industrial automation and machinery space. Below is a comparison with key Nasdaq-listed peers identified in the same sector.
ZJK Industrial (Nasdaq: ZJK)
| Category | H1 FY2025 | H1 FY2024 | Change (%) |
| Revenue | $24.70M | $16.23M | +52.21% |
| Gross Profit | $12.32M | $7.56M | +63.01% |
| Net Income | $5.84M | $5.43M | +7.59% |
| TTM Revenue | $46.28M | — | — |
ZJK Industrial reported strong H1 2025 results with 52% revenue growth driven by higher sales volumes and slightly increased unit pricing. Full-year 2024 revenue was $37.81 million. The company remains profitable with a significantly larger revenue base than INLIF.
NN Inc (Nasdaq: NNBR)
| Category | FY2025 | FY2024 | Change (%) |
| Net Sales | $422.2M | $464.3M | -9.06% |
| Net Loss | ($34.0M) | ($38.0M) | Improved |
| Adj. EBITDA | $49.0M | ~$49.0M | Flat |
| Adj. Operating Income | $14.2M | $5.1M | 178% |
NN Inc is a significantly larger enterprise focused on precision components. While revenue declined 9% due to strategic portfolio rationalization (Lubbock divestiture), the company showed sharp improvement in adjusted operating income and is guiding for FY2026 net sales of $445–465 million.
Hurco Companies (Nasdaq: HURC)
| Category | FY2025 (Oct) | FY2024 (Oct) | Change (%) |
| Revenue | $178.55M | $186.58M | -4.30% |
| Net Loss | ($15.12M) | ($16.61M) | Improved |
| Cash & Equivalents | $48.71M | ~$33.3M | 46% |
Hurco, a maker of CNC machine tools, continued to face declining revenues amid a challenging global manufacturing environment but narrowed its net loss slightly. The company maintains no debt and a strong cash position of $48.71 million.
Peer Snapshot Table
| Metric | INLIF (INLF) | ZJK Industrial (ZJK) | NN Inc (NNBR) | Hurco (HURC) |
| Market Cap | ~$2.3M | ~$108.5M | ~$76.8M | ~$107.2M |
| Latest Revenue | $18.41M (FY) | $46.28M (TTM) | $422.2M (FY) | $178.55M (FY) |
| Revenue Growth | +16.52% | +52.21% (H1) | -9.06% | -4.30% |
| Net Income | ($5.45M) | $5.84M (H1) | ($34.0M) | ($15.12M) |
| Profitability | Net Loss | Profitable | Net Loss | Net Loss |
How the Market Reacted?
INLIF shares closed at $0.3601 on March 6, 2026, the day the FY2025 earnings were announced, marking a +5.45% gain for the session. In after-hours trading, the stock continued its upward move, rising an additional +2.75% to $0.37. This positive reaction, despite the headline net loss, suggests investors may have focused on the 16.52% revenue growth and the strategic pivot into the new energy sector rather than the one-time share-based compensation charges.
However, it is worth noting that the stock has been under severe pressure over the past year, declining approximately 81% from its 52-week high of $2.58 and has also received a Nasdaq minimum bid price deficiency notice for trading below $1.00 per share for an extended period. The overall market sentiment remains cautious given the company’s micro-cap status and the transition-related losses.
