Circus (CA1) Corporate Presentation summary

Market opportunity and industry challenges

• Global food-service industry faces severe labor shortages, with 26% workforce missing and over 3 million open jobs, risking industry collapse.

• Operational inefficiencies cause $473 billion in annual food waste and a 20% yearly cost increase in labor, energy, and ingredients.

• The food-service market, valued at $2.6 trillion, is projected to grow to $5.4 trillion by 2030.

• Demand exists for 80 million AI-robots for enterprise food-service clients, with only 0.01% of the market currently reached.

Technology and product innovation

• CA-1 Robot enables fully autonomous meal production, replacing over 20 employees and producing up to 2,300 meals daily with a minimal footprint.

• CircusAl software leverages 2 trillion data points annually for predictive operations, recipe generation, procurement, and waste prediction.

• The technology ecosystem includes proprietary AI, robotics R&D, and cloud-based robot control, with manufacturing outsourced to a global leader.

• Mass production capacity is 6,000 units annually, supported by a partner with 26,000 employees and 40+ factories worldwide.

Commercial traction and financial outlook

• Order backlog includes 8,400 pre-ordered CA-1 robots and CircusAl, representing €1.1 billion in recurring revenue potential and €1.7 billion in hardware revenue.

• Additional 17,000 AI-robots are in negotiation, potentially tripling current order volume.

• Short-term pre-orders exceed 25,000 units, with mid-term annual revenue targets above €1 billion and SaaS share expected to surpass 70%.

• Mid-term targets include gross profit over 60%, sales and marketing below 10% of revenue, and EBIT margin of 30-35%.