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LAS VEGAS, February 13, 2025--(BUSINESS WIRE)--Realbotix Corp. (TSX-V: XBOT) (Frankfurt Stock Exchange: 76M0.F) (OTC: XBOTF) ("Realbotix" or the "Company"), a leading creator of humanoid robots and companionship-based AI, reports its interim financial results for the three months ended December 31, 2024 ("Q1-2025"). All dollar figures are reported in United States dollars ("USD"), unless otherwise stated.
Q1-2025 Financial and Operating Highlights
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419% increase in total revenue to $858k, compared to three months ended December 31, 2023 ("Q1-2024").
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Total revenue for the trailing 6 months, a non-IFRS measure, which comprises total revenue for Q4-2024 and Q1-2025, was $1.6M.
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Q1-2025 Net income of $918,324.
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8% increase in total digital assets and cash to $10.6 million, or CAD$15.3 million, from September 30, 2024. Digital asset values are as of December 31, 2024.
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On October 16, 2024, the Company announced that the TSXV approved its notice to implement a "Normal Course Issuer Bid" ("NCIB") providing the Company the option to purchase, and subsequently cancel, up to 9,797,779 of its Common Shares.
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On December 16, 2024, Realbotix announced partnership with Compass UOL, a global leader in digital transformation services, and secured a $100,000 subsidy from Amazon Web Services (AWS) to complete the next generation of its AI robot controller.
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On December 17, 2024, Realbotix announced the launch of its new customer-focused website, www.realbotix.com. This site is designed to provide customers with product details, costs, and ordering information, while www.realbotix.ai will continue to serve as the hub for investors and corporate news.
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On January 7, 2025, Realbotix unveiled its latest humanoid robot, Melody, at the 2025 Consumer Electronics Show ("CES"). Melody is an open-source robot designed with upgraded features to improve functionality, adaptability, and user experience.
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Realbotix’s presence at CES 2025 generated significant media attention, with over 4 billion global media impressions recorded to date and over 1,000 articles including from outlets such as Forbes, CBS, CNET and Barstool Sports.
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Through the course of 2024 and into 2025, based on the reduced claims after the loan set-off, the Company has received from Genesis approximately $1.01M, representing 40% of our SOL claim, and 222.2 ETH, representing 77% of our ETH claim.
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On February 4th, Realbotix announced that its robotic hardware platform will integrate 3rd party LLMs such as OpenAI’s ChatGPT, Meta’s Llama, Google’s Gemini and the newly launched DeepSeek R1. Realbotix’s ability to integrate a variety of third party AI platforms provides an additional level of customizations to its robotic platform.