Azio AI Holdings vs Hesai
Hesai is the larger business, with $421m of revenue in fiscal 2025 against $5.9m for Azio AI Holdings (70.9 times as much). Azio AI Holdings grew faster (217.6% against 45.9%). Hesai kept more of each dollar of sales as profit: a net margin of 14.4% against -56.3%.
| Latest fiscal year | Azio AI HoldingsAZIO, 2025 | HesaiHSAI, 2025 |
|---|---|---|
| Revenue | $5.9m | $421m |
| Revenue growth | 217.6% | 45.9% |
| Net income | −$3.3m | $60.7m |
| Operating margin | -651.3% | 5.6% |
| Net margin | -56.3% | 14.4% |
| Return on equity | -55.7% | 6.7% |
| Free cash flow | −$117m | −$26.8m |
| Cash | $358,966 | $238m |
| Total debt | $991,532 | $104m |
| Debt to equity | — | 8.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 293 | — |
| Market value | $11.0m | $1.78bn |
| Price vs our value range | — | — |
| Moat score | 5 (Weak) | — |
| Insider trades, 12 months | 1 buys, 2 sales | 0 buys, 0 sales |