RICHTECH ROBOTICS INC. RR
and artificial intelligence ("AI") technology company focused on developing advanced embodied AI systems that aims to improve
the efficiency and productivity of U.S. businesses. Richtech trains proprietary artificial intelligence models on in-house data to operate
advanced robotic systems in the real world. We design, engineer, manufacture, and deploy next generation embodied AI systems to serve
a wide range of industries—including food service, retail, industrial manufacturing, automotive, healthcare, and hospitality. Our
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $5.0M | $4.2M | $8.8M | $6.0M | — |
| Cost of revenue | $3.2M | $1.5M | $2.7M | $2.1M | — |
| Gross profit | $1.8M | $2.7M | $6.0M | $4.0M | — |
| R&D | $3.3M | $2.6M | $2.0M | $1.8M | — |
| SG&A | $15.0M | $6.5M | $3.5M | $2.3M | — |
| Total operating expenses | $19.0M | $10.5M | $5.7M | $4.3M | — |
| Operating income | -$17.2M | -$7.8M | $289.0K | -$376.0K | — |
| Interest expense | $83.0K | $762.0K | — | — | — |
| Pre-tax income | -$49.3M | -$942.0K | -$445.0K | -$394.0K | — |
| Income tax | $96.0K | $426.0K | $106.0K | $113.0K | — |
| Net income | -$49.1M | -$1.4M | -$339.0K | -$507.0K | — |
| EPS, basic | -0.40 | -0.02 | -0.01 | -0.01 | — |
| EPS, diluted | -0.40 | -0.02 | -0.01 | -0.01 | — |
| Shares, diluted (wtd. avg.) | 122.0M | 70.0M | 62.2M | 40.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $185.6M | $14.6M | $433.0K | $327.0K | $1.4M |
| Short-term investments | $66.4M | $15.9M | — | — | — |
| Receivables | $1.8M | $1.4M | $5.6M | $1.7M | — |
| Inventory | $1.2M | $1.0M | $822.0K | $1.4M | — |
| Total current assets | $88.6M | $32.9M | $7.0M | $3.5M | — |
| Property, plant and equipment | $5.4M | $842.0K | $28.0K | $41.0K | — |
| Other intangibles | $10.7M | $7.6M | — | — | — |
| Total assets | $106.3M | $42.6M | $7.9M | $3.9M | — |
| Accounts payable | $397.0K | $150.0K | $1.1M | $175.0K | — |
| Short-term debt | — | $53.0K | $845.0K | — | — |
| Total current liabilities | $8.1M | $7.4M | $2.9M | $741.0K | — |
| Total liabilities | $8.9M | $8.0M | $3.0M | $1.0M | — |
| Retained earnings | -$32.9M | -$1.2M | $201.0K | $540.0K | — |
| Total equity | $96.5M | $33.9M | $4.8M | $2.9M | $1.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$8.9M | -$4.9M | -$2.9M | -$2.6M | — |
| Depreciation and amortisation | $1.4M | $98.0K | $13.0K | $13 | $7 |
| Stock-based compensation | $3.7M | — | — | — | — |
| Capital expenditure | $5.1M | $844.0K | — | — | — |
| Investing cash flow | -$56.2M | -$22.9M | -$26.0K | -$44.0K | — |
| Financing cash flow | $236.1M | $41.9M | $3.0M | $1.7M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-086751.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | — | $6.0M | $8.8M | $4.2M | $5.0M |
| Gross profit | — | $4.0M | $6.0M | $2.7M | $1.8M |
| Net income | — | -$507.0K | -$339.0K | -$1.4M | -$49.1M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Accounts can no longer be relied on The company is telling investors that figures it has already published are wrong. Rare, and about as direct as a filing gets. Item 4.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Other event Item 8.01
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Other event Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Auditor changed Item 4.01
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3569
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NDSN | NORDSON CORP | $17.76B | 37.5x | 3.8% |
| RRX | REGAL REXNORD CORP | $9.85B | 35.2x | -1.6% |
| SYM | Symbotic Inc. | $5.03B | — | 25.7% |
| ESAB | ESAB Corp | $4.16B | 18.2x | 3.7% |
| CHRN | ChronoScale Holdings Corp | $2.15B | — | -15.1% |
| OUST | Ouster, Inc. | $2.14B | — | 52.5% |
| SERV | Serve Robotics Inc. /DE/ | $241.0M | — | 46.2% |
| TAYD | TAYLOR DEVICES, INC. | $180.7M | 21.4x | -10.0% |