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AoFrio hit $83.2M in revenue in 2025, with strong growth in IoT and APAC, aiming for $300M by 2030.
AoFrio reported record annual revenue of $83.2 million for 2025, a 4% increase, with EBITDA rising 40% to $3.5 million and gross margin improving to 31.7%.
IoT revenue grew 9% to $47.1 million, while motor revenue held steady at $36.1 million.
APAC led growth with a 24% rise, driven by motor orders and a new food retail customer, while North America grew 8%.
South America and EMEA declined due to market normalization and competition.
The company launched new SaaS and cellular controller products, advanced sustainability efforts, and reported strong customer satisfaction.
It outlined two growth paths: 10% annual growth using internal cash or 25% growth with external capital, targeting $300 million in revenue by 2030.
AoFrio alcanzó $83.2M en ingresos en 2025, con un fuerte crecimiento en IoT y APAC, apuntando a $300M para 2030.