Tuesday, 02 January 2024 12:17 GMT

Robo.ai Inc. Reports More Than US$180 Million in Revenue for June-August Period


(MENAFN- NEWSBEAT WIRE) Company Maintains Steady Revenue Momentum Following Recent Acquisitions




/PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO) ("Robo.ai" or the "Company"), a UAE-based Nasdaq-listed company, today provided an update on its revenue performance following its acquisition of Quantum Core Capital Limited ("QC Capital"). This update reflects the Company's continued progress in expanding its businesses and integrating recently acquired operations as it builds toward establishing technology-empowered platforms spanning artificial intelligence, robotics & smart mobility, advanced manufacturing, and digital assets & capital.

For the three-month period from June through August 2026, Robo.ai recorded total revenue of over US$180 million, primarily contributed by QC Capital, which the Company acquired on June 15, 2026. Since the acquisition, the Company has sustained steady operations and continued to deliver revenue, with the new business contributing meaningfully to overall growth.

"Since completing the acquisition in June, we have seen steady operating momentum and continued revenue contribution from our acquired business," said Benjamin Zhai, Chief Executive Officer of Robo.ai. "Our overall revenue performance over the past several months gives us greater confidence in the progress we are making and provides a solid foundation for our next stage of development. We remain focused on disciplined execution and integration, while continuing to strengthen our business and build on this momentum as we work toward sustainable growth."

The revenue information presented in this press release is preliminary and unaudited and has not been reviewed by the Company's independent registered public accounting firm. The information may be subject to adjustment in connection with the Company's financial closing and review procedures. The consideration shares for the QC Capital acquisition are subject to a phased, revenue-linked release mechanism, as previously disclosed on Form 6-K on June 18, 2026.

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