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Robo.ai Inc. Reports First Half 2026 Financial Results

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  • Robo.ai Inc. reported net revenue of US$55.1 million for the six months ended June 30, 2026, compared to US$0.6 million in the same period of 2025.
  • The revenue increase was primarily driven by the June 15, 2026 acquisition of QC Capital, which contributed US$54.4 million in net revenue.
  • Net income attributable to shareholders was US$46.7 million for the period, a significant shift from the US$2.2 million net loss recorded in 2025.
  • Basic 2026 earnings per share were US$0.81, contrasting with a US$0.15 loss per share in 2025.
  • Shareholders' equity turned positive to US$95.8 million as of June 30, 2026, reversing a US$116.1 million deficit from December 31, 2025.
  • Convertible notes decreased to US$3.0 million from US$11.1 million, with US$13.6 million settled via share issuance instead of cash.
  • The company acquired 100% of Neurovia AI Limited in May 2026 for AI-powered data processing 2026 capabilities.
  • Cash and cash equivalents stood at US$2.1 million as of June 30, 2026, down from US$4.0 million at the end of 2025.
  • Operating activities used US$2.6 million in net cash, while financing activities provided US$4.8 million in net cash inflows.
  • CEO Benjamin Zhai stated the first half of 2026 marked a structural reset involving the disposal of legacy liabilities 2026 2026 focus on integrating acquired assets 2026 2026.