Earnings ·
AMC Robotics reported second quarter 2026 financial results with revenue declining to $937 thousand from $1.4 million…
ATMVUAMC Robotics Corp
AMC Robotics reported second quarter 2026 financial results with revenue declining to $937 thousand from $1.4 million in the prior year period, driven by a strategic shift away from lower-margin product sales toward higher-margin AI and cloud services. Gross margin expanded significantly to 80% from 19%, resulting in a gross profit of $0.8 million against an operating loss of $157 thousand and a net loss of $176 thousand, or ($0.01) per share. The company holds $4.5 million in cash equivalents as of June 30, 2026. Operational highlights include leasing a 6,150-square-meter manufacturing facility in Vietnam for NovaArm™ production with approximately $3.5 million planned for buildout and an initial commercial launch targeted for the second half of 2026. Additionally, AMC Robotics invested $1.0 million in Etronium AI Inc. via Simple Agreements for Future Equity to enhance its AI capabilities. The company operates as an AI-driven robotics solutions provider developing intelligent hardware and software platforms.