# Robo.ai Inc. Reports First Half 2026 Financial Results

- Link: https://www.thailand-business-news.com/pr-news/robo-ai-inc-reports-first-half-2026-financial-results
- Published: 2026-08-24T17:00:00+07:00
- Author: PR Newswire

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_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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