Farsoon posts 715M yuan 2025 revenue (+45%) and signs ANZ distribution deal with Emlogic

Farsoon Technologies reported full-year 2025 operating revenue of 715 million yuan ($104.5 million), a 45.43% year-on-year increase, with net profit of 69 million yuan ($10.1 million), up 2.68%. The Changsha-based manufacturer disclosed cumulative global system sales exceeding 1,400 units by December 2025, comprising over 800 metal LPBF machines and approximately 600 polymer SLS systems. Separately, Farsoon named Emlogic as its distribution partner for Australia and New Zealand, effective April 22, covering both metal and polymer laser powder bed fusion systems. Emlogic will install an FS191M metal system at its North Parramatta facility for customer training, benchmarking, and process validation.

This revenue growth places Farsoon among the fastest-scaling Chinese AM hardware companies, outpacing the broader industrial metal and polymer AM market growth rate of 5.7% (AMPOWER scope). The 800+ metal LPBF installations represent a significant installed base that competes directly with EOS, SLM Solutions, and BLT in the mid-to-large format segment. The ANZ distribution deal extends Farsoon's open-platform strategy into a region where EOS and Stratasys have historically dominated through direct sales and established reseller networks. Emlogic's technical services capability — including application development and after-sales support — addresses a common barrier for Chinese OEMs entering Western markets: local service depth. The open-architecture positioning allows users to qualify third-party materials, which is particularly relevant for aerospace and medical customers who require material flexibility without vendor lock-in.

Farsoon's 45% revenue growth against a 2.68% profit increase suggests margin compression from aggressive pricing or scaling investments — a pattern consistent with Chinese localization arc dynamics where volume growth precedes margin recovery. The company must now demonstrate that its ANZ channel investment translates into recurring machine sales and material revenue, not just demonstration units. For buyers evaluating metal LPBF systems, Farsoon's open platform offers a credible alternative to proprietary systems, provided local support quality matches the hardware capability.