AMCI

Targeting Commercial Launch in H2 2026; Gross Margin Expands to 80% on Shift Toward Higher-Margin AI and Cloud Services NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions provider, today reported financial results for the three and six months ended June 30, 2026. Second Quarter 2026 Financial Highlights Revenue of $937 thousand for the three months ended June 30, 2026, compared to $1.4 million in the prior-year period. The decline reflects the Company’s deliberate strategic shift away from lower-margin product sales, partially offset by 54% growth in recurring AI and cloud revenue-sharing arrangements with Kami Vision Incorporated (“Kami”). Gross profit of $0.8 million, compared to $0.3 million in the prior-year period, with gross margin expanding to 80% versus 19% in the prior year-period. Operating loss of $157 thousand for the three months ended June 30, 2026, compared to a loss of $735k in the prior year-period. Net loss of $176 thousand, or ($0.01) per basic and diluted share, compared to net loss of $229 thousand or ($0.01) per share in the second quarter 2025. EBITDA loss of $177k for the three months ended June 30, 2026, compared to a loss of $219k in the prior-year period. Cash and cash equivalents of $4.5 million as of June 30, 2026. Revenue for the second quarter and first half of 2026 included contributions from the Company’s revenue-sharing collaboration with Kami, a related party. The arrangement is conducted on commercially reasonable, arm’s-length terms and reflects the integration of complementary AI and computer vision capabilities across the Company’s robotics and autonomy platform. Management believes the collaboration has supported revenue diversification, expanded market opportunities, and contributed to the continued development of the Company’s AI-driven robotics ecosystem. Second Quarter 2026 Operating Highlights Announced NovaArm™ Manufacturing Facility in Vietnam: In June 2026, AMCV Company Limited, the Company’s wholly owned Vietnam subsidiary, announced an agreement to lease a 6,150-square-meter facility in Bắc Ninh, Vietnam, dedicated to Phase 1 NovaArm™ production, with the lease expected to become effective in the third quarter of 2026, initial production targeted for the second half of 2026 and approximately $3.5 million planned for buildout and equipment. The Company is also advancing pre-commercial activities with Sunward Logistics USA LLC, its designated first deployment customer and strategic partner, to support field readiness ahead of commercial launch. Strategic AI Investment: Invested an aggregate of $1.0 million in Etronium AI Inc., a privately held artificial intelligence technology company, through two Simple Agreements for Future Equity (SAFEs) in April and May 2026. The investment reflects management’s strategy of pursuing AI capabilities that may complement the Company’s long-term robotics and intelligent security solutions platform. Revenue Strategy Evolution: The Company continued to actively manage its revenue mix, significantly reducing inventory-intensive product sales in favor of higher-margin AI, cloud and service revenue, including revenue-sharing arrangements. This shift drove substantial gross margin expansion and operating cost improvements relative to the prior-year period. “This quarter, we continued to advance AMC Robotics toward commercialization while strengthening the technology and capabilities that support our long-term platform strategy,” said Sean Da, Chairman of the Board and Chief Executive Officer of AMC Robotics. “Securing our 6,150-square-meter manufacturing facility in Bắc Ninh is an important step toward launching NovaArm™ in the second half of 2026, while our work with Sunward Logistics continues to prepare the platform for its first deployment. We are also expanding our AI capabilities through strategic initiatives, including our $1.0 million investment in Etronium AI, which we believe can complement and strengthen our broader robotics and intelligent security platform. Our shift toward higher-margin recurring revenue is gaining traction, with AI and cloud revenue from Kami increasing 54% year over year and gross margin reaching 80% in the second quarter. We believe advancing these initiatives will lead to establishing the foundation for a scalable robotics business as we move toward commercial deployment.” About AMC Robotics CorporationAMC Robotics (NASDAQ:AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company's quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception. For more information, please visit www.amcx.ai. Investors and Media Contact Susan XuAlliance Advisors IRE: [email protected] Non-GAAP Financial MeasuresThis press release includes the Non-GAAP financial measure EBITDA. EBITDA is defined as net income (loss) plus interest expense, income tax expense (benefit), depreciation and amortization. The Company believes EBITDA provides useful supplemental information to investors regarding underlying operating performance. Non-GAAP measures should not be considered in isolation or as substitutes for results prepared in accordance with GAAP, and may not be comparable to similarly titled measures reported by other companies. A reconciliation of the non-GAAP measures to GAAP measures is set forth at the end of this press release. Cautionary Note Regarding Forward Looking Statements This press release may contain statements that constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, and the effects of regulation. These forward-looking statements are based on the Company's management's current expectations, projections, and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions, and other important factors include, but are not limited to: (a) challenges in opening operations in new jurisdictions, including but not limited to compliance with local ordinances, obtaining any necessary permits and regulatory oversight; (b) the ability to recognize the anticipated benefits of the new operations; (c) the outcome of any legal proceedings that may be instituted against the Company; (d) the ability to continue to meet the applicable stock exchange listing standards; (e) the effect of the Company's completed business combination with AlphaVest Acquisition Corp ("AlphaVest") on the Company's business relationships, performance, and business generally and the risk that such transaction further disrupts current plans and operations of the Company or its subsidiaries; (f) the ability to recognize the anticipated benefits of the transaction with AlphaVest, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations); (h) the possibility that AMC Robotics may be adversely affected by other economic, business, and/or competitive factors; (i) AMC Robotics' estimates of expenses and profitability; and (j) other risks and uncertainties indicated under "Risk Factors" contained in AMC Robotics’ Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed or to be filed with the SEC by AMC Robotics. Copies are available on the SEC's website, www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company gives no assurance that it will achieve its expectations.

Reports Net Income of $146K in First Quarter 2026, Compared to Net Loss in Prior-Year Period; Gross Margin Expands to 86% NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions provider, today reported financial results for the three months ended March 31, 2026. “This quarter, we made meaningful progress across our robotics platforms. We transitioned NovaArm™ from development into a live warehouse environment through our strategic collaboration with Sunward Logistics, marking an important step toward commercialization,” said Sean Da, Chairman of the Board and Chief Executive Officer of AMC Robotics. “At the same time, we continued to build market awareness for Kyro™, and the interest generated at CES and Tokyo Security Show reinforced our confidence in the platform’s potential. We also strengthened our AI infrastructure through our partnership with HIVE Digital, positioning us to support future development and deployment at scale. As we enter the second quarter, we remain focused on executing toward commercial launch and advancing the long-term growth of our AI robotics ecosystem.” First Quarter 2026 Operating Highlights NovaArm™ Enters First Live Warehouse Deployment: Announced a strategic collaboration with Sunward Logistics USA LLC, designating Sunward as the Company’s first deployment customer and strategic partner for NovaArm™, with structured field testing and operational validation underway in a live warehouse environment ahead of a targeted second quarter 2026 commercial launch. Kyro™ Showcased at CES 2026 and Tokyo Security Show 2026: Showcased Kyro™’s autonomous navigation, heat detection, and remote operation capabilities at two major international industry events. HIVE Digital Partnership Expands AI Compute Infrastructure: Announced a strategic collaboration with HIVE Digital Technologies Ltd. to leverage HIVE’s scalable GPU AI compute infrastructure to support Kyro™ development, testing, and future AI optimization initiatives. Manufacturing Operations Advance Commercial Readiness: Continued scaling Kyro™ production through AMCV Company Limited, the Company’s Vietnam-based manufacturing subsidiary, to support robotics manufacturing, supplier partnerships, and anticipated commercial deployment. First Quarter 2026 Financial Highlights Revenue of $1.2 million for the three months ended March 31, 2026, compared to $1.8 million in the prior-year period. Gross profit of $1.0 million, compared to $0.5 million in the prior-year period, with gross margin expanding to 86% versus 27% in Q1 2025. Operating income of $129k for Q1 2026, compared to a loss of $748k in Q1 2025. Net income of $146k, or $0.01 per basic and diluted share, compared to net loss of $77k in the first quarter 2025. EBITDA of $147k for the three months ended March 31, 2026, compared to $(56k) in prior-year period. Cash and cash equivalents of $6.6 million as of March 31, 2026. Revenue for the first quarter of 2026 included contributions from the Company’s revenue-sharing collaboration with Kami Vision Incorporated (“Kami”), a related party. The arrangement is conducted on commercially reasonable, arm’s-length terms and reflects the integration of complementary AI and computer vision capabilities across the Company’s robotics and autonomy platform. Management believes the collaboration has supported revenue diversification, expanded market opportunities, and contributed to the continued development of the Company’s AI-driven robotics ecosystem. About AMC Robotics CorporationAMC Robotics (NASDAQ:AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company's quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception. For more information, please visit www.amcx.ai. Investors and Media ContactSusan XuAlliance Advisors IRE: [email protected] Non-GAAP Financial MeasuresThis press release includes the Non-GAAP financial measure EBITDA. EBITDA is defined as net income (loss) before interest, income taxes, depreciation, and amortization. The Company believes EBITDA provide useful supplemental information to investors regarding underlying operating performance. Non-GAAP measures should not be considered in isolation or as substitutes for results prepared in accordance with GAAP, and may not be comparable to similarly titled measures reported by other companies. A reconciliation of the non-GAAP measures to GAAP measures is set forth at the end of this press release. Cautionary Note Regarding Forward Looking StatementsThis press release may contain statements that constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, and the effects of regulation. These forward-looking statements are based on the Company's management's current expectations, projections, and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions, and other important factors include, but are not limited to: (a) challenges in opening operations in new jurisdictions, including but not limited to compliance with local ordinances, obtaining any necessary permits and regulatory oversight; (b) the ability to recognize the anticipated benefits of the new operations; (c) the outcome of any legal proceedings that may be instituted against the Company; (d) the ability to continue to meet the applicable stock exchange listing standards; (e) the effect of the Company's completed business combination with AlphaVest Acquisition Corp ("AlphaVest") on the Company's business relationships, performance, and business generally and the risk that such transaction further disrupts current plans and operations of the Company or its subsidiaries; (f) the ability to recognize the anticipated benefits of the transaction with AlphaVest, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations); (h) the possibility that AMC Robotics may be adversely affected by other economic, business, and/or competitive factors; (i) AMC Robotics' estimates of expenses and profitability; and (j) other risks and uncertainties indicated under "Risk Factors" contained in AMC Robotics’ Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed or to be filed with the SEC by AMC Robotics. Copies are available on the SEC's website, www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company gives no assurance that it will achieve its expectations.

NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions provider, today reported financial results for the full year ended December 31, 2025. “2025 was a defining year for AMC Robotics. We completed our business combination with AlphaVest Acquisition Corp, began trading on Nasdaq, and built a solid operational and financial foundation to execute our growth strategy," said Sean Da, Chairman of the Board and Chief Executive Officer. "Our existing operations delivered $6.0 million in revenue and a 48% gross margin, giving us the runway to invest in what we believe will be a high-growth AI robotics future. With NovaArm™ and Kyro™ both advancing toward commercialization, we are excited to bring our AI robotics platform to market and set a new standard for warehouse and security automation in 2026.” Full Year 2025 Business Highlights Completed Business Combination with AlphaVest Acquisition Corp and commenced trading on Nasdaq under ticker "AMCI" in December 2025 Raised $8.0 million through concurrent PIPE financing to fund strategic growth initiatives, including robotics commercialization and international expansion Advanced NovaArm™, the Company’s warehouse logistics robot, toward commercial launch targeted for Q2 2026 Showcased Kyro™ quadruped robotic platform at CES 2026 and Tokyo Security Show 2026 Established AMCV Company Limited in Vietnam, a dedicated manufacturing subsidiary to support Kyro™ production scaling Announced strategic collaboration with HIVE Digital Technologies for GPU AI compute infrastructure to support Kyro™ development and deployment Financial Highlights Total revenue of $6.0 million for fiscal year 2025 Gross profit of $2.85 million; gross margin of approximately 48% Operating loss of $0.5 million for fiscal year 2025 GAAP net loss of approximately $24.8 million, largely attributable to a one-time, non-cash change in fair value of PIPE warrant liabilities (see Non-GAAP reconciliation below) Adjusted net income of $0.7 million, excluding the non-cash warrant fair value adjustment Adjusted EBITDA of $0.8 million, excluding the non-cash warrant fair value adjustment Cash and cash equivalents of $7.0 million as of December 31, 2025 Net stockholders’ equity improved from a deficit of approximately $2.3 million as of December 31, 2024 to positive equity of approximately $10.4 million as of December 31, 2025 All PIPE warrants reclassified as permanent equity as of December 31, 2025; warrant fair value charge is fully resolved and will not recur The GAAP net loss for fiscal 2025 was largely driven by a non-cash loss of $25.5 million from the change in fair value of the Company’s PIPE warrant liability, which was non-cash and non-operating in nature and recorded in accordance with ASC 815. As of December 31, 2025, all warrants have been reclassified as permanent equity and this charge is not expected to recur in future periods. Excluding this one-time item, the Company reported Adjusted Net Income of $0.7 million and Adjusted EBITDA of $0.8 million for the year ended December 31, 2025. 2026 Outlook AMC Robotics enters 2026 with clear strategic priorities and two products advancing toward commercialization: NovaArm™ and Kyro™. With manufacturing infrastructure in place and GPU compute secured through its partnership with HIVE Digital, the Company believes it is well-positioned to execute on its AI robotics strategy. About AMC Robotics Corporation AMC Robotics (NASDAQ:AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company's quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception. For more information, please visit www.amcx.ai. Investors and Media Contact Craig Mychajluk Managing Director – Investor Relations Alliance Advisors IR E: [email protected] Non-GAAP Financial Measures This press release includes Non-GAAP financial measures, including Adjusted Net Income and Adjusted EBITDA, which excludes the non-cash, non-recurring change in fair value of warrant liabilities. The Company believes these measures provide useful supplemental information to investors regarding underlying operating performance. Non-GAAP measures should not be considered in isolation or as substitutes for results prepared in accordance with GAAP, and may not be comparable to similarly titled measures reported by other companies. Cautionary Note Regarding Forward Looking Statements This press release may contain statements that constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, and the effects of regulation. These forward-looking statements are based on the Company's management's current expectations, projections, and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions, and other important factors include, but are not limited to: (a) challenges in opening operations in new jurisdictions, including but not limited to compliance with local ordinances, obtaining any necessary permits and regulatory oversight; (b) the ability to recognize the anticipated benefits of the new operations; (c) the outcome of any legal proceedings that may be instituted against the Company; (d) the ability to continue to meet the applicable stock exchange listing standards; (e) the effect of the Company's recently completed business combination with AlphaVest Acquisition Corp ("AlphaVest") on the Company's business relationships, performance, and business generally and the risk that such transaction further disrupts current plans and operations of the Company or its subsidiaries; (f) the ability to recognize the anticipated benefits of the transaction with AlphaVest, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations); (h) the possibility that AMC Robotics may be adversely affected by other economic, business, and/or competitive factors; (i) AMC Robotics' estimates of expenses and profitability; and (j) other risks and uncertainties indicated under "Risk Factors" contained in AMC Robotics’ Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed or to be filed with the SEC by AMC Robotics. Copies are available on the SEC's website, www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company gives no assurance that it will achieve its expectations.