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Financial statements

RICHTECH ROBOTICS INC. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data RICHTECH ROBOTICS INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2023FY2024FY2025
Revenue6.058.764.245.05
Cost of revenue2.12.741.543.24
Gross profit3.956.022.71.81
Research and development1.771.982.643.3
Selling and marketing0.30.241.320.74
General and administrative2.263.516.5315
Operating expenses4.335.7310.519
Operating income-0.380.29-7.78-17.2
Interest expense0.760.08
Interest income0.012.18
Other non-operating income-0.02-0.736.84-32.1
Pre-tax income-0.39-0.45-0.94-49.3
Income tax0.11-0.110.43-0.1
Net income to minority interests0.06-0.11
Net income-0.51-0.34-1.37-49.1
EBITDA-0.380.3-7.68-15.8
EPS, basic-0.00-0.00-0.02-0.40
EPS, diluted-0.00-0.00-0.02-0.40
Shares, basic (weighted)24037370122
Shares, diluted (weighted)24037370122

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents0.330.4314.6186
Short-term investments15.966.4
Receivables1.665.581.361.78
Inventory1.370.821.031.12
Other current assets0.040.020.030.43
Total current assets3.516.9832.9255
Property, plant and equipment0.040.030.845.79
Lease right-of-use assets0.380.320.510.73
Intangible assets7.6210.7
Other non-current assets0.010.010.740.64
Total assets3.947.8542.6274
Accounts payable0.181.130.150.4
Accrued liabilities0.060.060.1
Deferred revenue0.25
Short-term debt0.850.05
Total current liabilities0.742.897.421.7
Long-term debt0.12
Lease liabilities0.280.150.360.43
Total liabilities1.023.047.9622.2
Total debt0.12
Paid-in capital2.384.649.7301
Retained earnings0.540.2-1.17-50.2
Other comprehensive income0.39
Shareholders' equity2.924.8133.9251
Minority interests2.924.81-0.04
Total equity5.844.8133.9251
Total liabilities and equity3.947.8542.6274

Cash flow statement

FY2023FY2023FY2024FY2025
Net income-0.51-0.34-1.37-49.2
Depreciation and amortization00.010.11.39
Stock-based compensation3.72
Change in receivables-1.61-3.924.22-0.42
Change in inventory-0.390.55-0.21-0.1
Change in payables-0.310.95-0.980.25
Cash from operations-2.65-2.9-4.94-8.91
Capital expenditures-0.84-5.14
Purchases of investments-15.9-50
Cash from investing-0.04-0.03-22.9-56.2
Debt issued0.2
Debt repaid-0.03
Stock issued30.2220
Cash from financing1.663.0341.9236
Net change in cash-1.030.1114.1171
Free cash flow-5.79-14.1

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.70 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin31.5%Gross profit / revenue.
Operating margin-687.7%Operating income / revenue.
EBITDA margin-667.8%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-702.7%Pre-tax income / revenue.
Net margin-534.5%Net income / revenue.
FCF margin-540.4%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-131.2%Cash from operations / revenue.
Return on equity (ROE)-7.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-7.7%Net income / average total assets.
Return on invested capital (ROIC)-43.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue94.8%Research and development expense / revenue.
Stock-based pay / revenue172.6%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue409.2%Capital expenditures / revenue.
D&A / revenue19.9%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y19.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-5.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-33.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-22.9%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y640.3%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y341.4%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y541.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y311.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y74.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y-20.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio93.6xCurrent assets / current liabilities.
Quick ratio92.5x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio92.2x(Cash + short-term investments) / current liabilities.
Debt / equity0.00xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets0.0%Total debt / total assets.
Liabilities / assets1.1%Total liabilities / total assets.
Net debt-$339.5MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-608xOperating income / interest expense.
Working capital$341.1MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.1%(Goodwill + intangible assets) / total assets.
Tangible book value$368.7MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.01xRevenue / average total assets.
Fixed asset turnover0.20xRevenue / average property, plant and equipment.
Inventory turnover1.36xCost of revenue / average inventory.
Days inventory268 days365 x average inventory / cost of revenue.
Receivables turnover5.84xRevenue / average receivables.
Days sales outstanding62 days365 x average receivables / revenue.
Days payables34 days365 x average accounts payable / cost of revenue.
Cash conversion cycle296 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.40Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.02Revenue / diluted weighted shares.
FCF per share-$0.13Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.03Cash from operations / diluted weighted shares.
Book value per share$1.65Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.64Tangible book value / shares outstanding.
Cash per share$1.51(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$382.7MShare price x shares outstanding.
Enterprise value$43.2MMarket cap + total debt - cash - short-term investments.
P/S71.0xMarket cap / revenue.
P/B1.04xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.04xMarket cap / tangible book value, when positive.
EV/Sales8.01xEnterprise value / revenue.
FCF yield-7.6%Free cash flow / market cap.
Earnings yield-7.5%Net income / market cap (the inverse of P/E).
What was RICHTECH ROBOTICS INC.'s revenue in fiscal 2025?

RICHTECH ROBOTICS INC. reported revenue of $5.0M for fiscal 2025, 19% higher than the year before.

Was RICHTECH ROBOTICS INC. profitable in fiscal 2025?

No. It reported a net loss of $49.1M.

How much free cash flow did RICHTECH ROBOTICS INC. generate in fiscal 2025?

Cash from operations of $8.9M minus capital expenditures of $5.1M left free cash flow of -$14.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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