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flag AoFrio hit $83.2M in revenue in 2025, with strong growth in IoT and APAC, aiming for $300M by 2030.

flag 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%. flag IoT revenue grew 9% to $47.1 million, while motor revenue held steady at $36.1 million. flag APAC led growth with a 24% rise, driven by motor orders and a new food retail customer, while North America grew 8%. flag South America and EMEA declined due to market normalization and competition. flag The company launched new SaaS and cellular controller products, advanced sustainability efforts, and reported strong customer satisfaction. flag It outlined two growth paths: 10% annual growth using internal cash or 25% growth with external capital, targeting $300 million in revenue by 2030.

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