Richtech Robotics (RR) investor relations material

Executive summary

• Achieved year-over-year improvement in net loss, narrowing to $10.4M for the six months ended March 31, 2026, a 65.1% reduction from the prior year, driven by higher investment income and non-cash gains from warrant liabilities.

• Revenue increased 6.1% year-over-year to $2.6M for the six months and 28.6% to $1.5M for the quarter, with strong growth in event services and RaaS offsetting a decline in product sales.

• Strategic focus shifted toward recurring revenue models, notably expanding the Robots-as-a-Service (RaaS) footprint and event services.

• Closed a $35.89M private placement in January 2026, strengthening liquidity and supporting growth initiatives.

• Launched the "AI Across All" transformation, transitioning to an AI-native architecture and modernizing software assets.

Financial highlights

• Net loss for the six months ended March 31, 2026, was $10.4M, compared to $30.1M in the prior year; for the quarter, net loss was $0.3M, a 55% improvement.

• Investment income rose to $6.7M for the six months, up from $0.7M, and to $3.3M for the quarter, up from $0.4M.

• Gross profit for the six months was $0.7M (27.0% margin), down from $1.2M (48.6%), while the quarter saw gross profit of $0.7M (44.3% margin), up from $0.4M (31.3%).

• Operating expenses increased to $18.1M for the six months, up $7.9M year-over-year, mainly due to higher R&D, sales and marketing, and G&A expenses, including a one-time equity award.

• Cash and short-term investments totaled $362.6M as of March 31, 2026, up from $251.9M at September 30, 2025.

Outlook and guidance

• Management expects continued upward pressure on G&A expenses as the company invests in compliance, audit, and internal controls.

• Inflation and supply chain risks may impact component costs and profit margins, requiring ongoing pricing reviews.

• The company is well-capitalized to pursue growth, with a focus on scaling RaaS and event services.