AIIO

Shareholders' Equity Swings to US$95.8 Million from a US$116.1 Million Deficit DUBAI, UAE, Aug. 24, 2026 /PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO) ("Robo.ai" or the "Company"), a UAE-based Nasdaq-listed company, today announced its unaudited financial results for the six months ended June 30, 2026. The Company views the first half of 2026 as a structural reset and the beginning of its next phase of development. The disposal of its legacy ICONIQ business and the completion of two acquisitions divested the majority of its legacy liabilities, returned shareholders' equity to positive territory, and established a foundation of technology and operating assets for future growth. "The first half of 2026 put Robo.ai on a new footing, and we made meaningful progress across our key priorities," said Benjamin Zhai, Chief Executive Officer of Robo.ai. "Alongside these transactions, we advanced the localization of our operations in the United Arab Emirates, reorganized our business structure around the acquired assets, and clarified our commercial model and development priorities. We are now focusing on integrating the acquired businesses and realizing their commercial potential. We believe that these efforts position Robo.ai to capture emerging opportunities as these industries continue to develop." First Half 2026 Highlights Net revenue was US$55.1 million, compared with US$0.6 million for the same period of 2025. The increase was primarily attributable to the acquisition of QC Capital completed on June 15, 2026, whose operational management and delivery services contributed US$54.4 million from the acquisition date to period end. Gross profit was US$0.2 million, compared with a loss of US$0.4 million for the same period of 2025. Net income attributable to Robo.ai's shareholders was US$46.7 million, predominantly driven by income from discontinued operations, compared with a net loss attributable to Robo.ai's shareholders of US$2.2 million for the same period of 2025. Basic and diluted income per ordinary share attributable to shareholders was US$0.81, compared with a loss per ordinary share of US$0.15 for the same period of 2025. Convertible notes decreased to US$3.0 million as of June 30, 2026 from US$11.1 million as of December 31, 2025, with US$13.6 million of convertible notes settled through issuance of ordinary shares instead of cash during the period. Total shareholders' equity as of June 30, 2026 was US$95.8 million, compared with a shareholders' deficit of US$116.1 million as of December 31, 2025. Cash and cash equivalents were US$2.1 million as of June 30, 2026, compared with US$4.0 million as of December 31, 2025. Net cash used in operating activities was US$2.6 million, while financing activities provided net cash inflows of US$4.8 million. Acquisition of Strategic Assets. In May, 2026, the Company acquired 100% of Neurovia AI Limited, an AI-powered data processing and compression technologies company for use in public security, transportation, finance, smart agriculture, and other industries. In June 2026, the Company acquired 100% of QC Capital, an operating business with an established workforce, operational processes and technology, which contributed US$54.4 million in net revenue from the acquisition date through June 30, 2026. About Robo.ai Inc. Robo.ai Inc. (Nasdaq: AIIO), headquartered in Dubai, United Arab Emirates, is a Nasdaq-listed technology group building intelligent infrastructure across four platforms: artificial intelligence; robotics and smart mobility; advanced manufacturing; and digital assets and capital. Its industrial group, Alif Holding, is dedicated to building intelligent industries through the development, integration and manufacturing of AI systems, serving government, public sector and mission-critical domains. Through its subsidiary Neurovia AI, the Company develops AI software and visual data infrastructure. Quantum Core Capital ("QC Capital"), its AI-powered deep-tech holding and venture-building platform, incubates, invests in and operates businesses across artificial intelligence, robotics, digital infrastructure and the next-generation digital economy. Forward-Looking Statements This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "targets," "likely to," "challenges," and similar statements. Robo.ai may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Robo.ai's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Robo.ai's strategies, future business development, and financial condition and results of operations; Robo.ai's limited operating history in its current business; Robo.ai's ability to generate positive cash flow and profits; Robo.ai's ability to compete successfully; Robo.ai's ability to build its brand and withstand negative publicity; and changes in customer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Robo.ai's filings with the SEC. All information provided in this press release is as of the date of this press release, and Robo.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law. 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DUBAI, UAE, May 1, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ: AIIO) recently filed its annual financial report for the year 2025. Benjamin Zhai, the Chief Executive Officer, issued a letter to investors and strategic partners detailing the company's strategic reorganization and operational progress since the new management team assumed their roles in May 2025. In the AI software segment, the company is advancing its partnership with DaBoss, a Silicon Valley-based AI model data service provider. Operations for intelligent data training and collection are underway across multiple locations, aiming to deliver tens of thousands of hours of real-world interaction data and systematically realize commercial value. Additionally, Robo.ai is exploring strategic partnership opportunities with leading technology companies in the AI data application sector to address technical challenges and costs associated with large-scale data storage, transmission, and processing. Regarding smart hardware, the company provided an operational update on April 10, 2026, confirming the production and initial delivery of commercial validation vehicles from its subsidiary, Robus. The initial batch of vehicles has passed client acceptance, and a second batch was successfully delivered and accepted in the South Asian market this week. Management views the initial fulfillment of these orders as validation of the commercial feasibility of its smart hardware strategy, and the company plans to continue allocating resources to meet global market demand. The company continues to invest in its "Machine Economy" strategy, which seeks to integrate artificial intelligence, robotics, and blockchain technology with physical assets in the real world. Following his participation in the Web3 Festival in Hong Kong, the CEO characterized this technological convergence as an emerging "R2R" (Robot World to Real World) business model, drawing parallels to the booming of "O2O" business model (online-to-offline integration) around 10 years ago. As part of this ecosystem, Arkreen, a Singaporean blockchain company within Robo.ai's investment portfolio, deployed a distributed solar project named eCandle in Africa this month. This initiative establishes an innovative digital payment infrastructure for the machine economy while successfully integrating green energy, digital assets, and social responsibilities. Addressing the 2025 financial results, management noted that the reported net loss was primarily driven by non-cash items and legacy matters. These included considerable amount of non-cash expenses related to shares issuance as well as impairment and liability provisions. Despite these accounting impacts, overall net cash flow turned positive as a result of cost controls and operational optimizations implemented in recent quarters, and the management considers this a critical positive inflection point. As a result of recent divestiture of a specific Cayman-based subsidiary, it is expected to yield a potential asset disposal gain of approximately $60 million. As a potential strategic investment target for Robo.ai, Shanghai Jidu Auto formally entered the judicial restructuring phase on April 29, 2026, following a pre-restructuring process initiated last year. Robo.ai's potential investment is intended to secure quality technology assets and strengthen its foundational capabilities in the smart mobility sector. Looking ahead to 2026, management acknowledges macroeconomic challenges stemming from geopolitical conditions in the Middle East, but notes that the region's increasing demand for independent supply chains, international capital, and technology presents ongoing operational opportunities that align with Robo.ai's globalized resources. Benjamin reiterates the management team's commitment to and confidence in the transformation of Robo.ai. About Robo.ai Inc. Robo.ai Inc. (NASDAQ: AIIO) is a technology company dedicated to building a leading global artificial intelligence machine economy platform. Its mission is to integrate "AI Software, Intelligent Hardware, and Smart Assets" to construct a unified AI operating system and an ecosystem empowered by blockchain, pioneering an intelligent future. Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those anticipated; for further details, please refer to the Company's filings with the U.S. Securities and Exchange Commission. Website: www.roboai.io View original content to download multimedia:https://www.prnewswire.com/news-releases/roboai-ceo-issues-letter-to-investors-on-2025-financial-results-company-reaching-inflection-point-with-positive-cash-flow-and-business-order-delivery-302760017.html