AMC Robotics (AMCI) Q2 2026 earnings summary

Executive summary

• Completed business combination with AlphaVest Acquisition Corp. in December 2025, strengthening capital structure and enabling public listing.

• Revenue for Q2 2026 was $937,177, down 33% year-over-year, reflecting a shift from lower-margin product sales to higher-margin, recurring AI and cloud services.

• Gross margin expanded to 80% from 19% year-over-year, driven by increased recurring AI and cloud revenue, particularly from a 54% growth in revenue-sharing with Kami Vision.

• Strategic $1.0 million investment in Etronium AI Inc. to support long-term AI and robotics strategy.

• Cash and cash equivalents were $4.5 million as of June 30, 2026.

Financial highlights

• Q2 2026 revenue declined 33% year-over-year to $937,177; six-month revenue down 33% to $2,121,793.

• Gross profit rose 182% to $750,607 in Q2 and 135% to $1,771,263 for six months, with gross margin improving to 80% and 83%, respectively.

• Net loss narrowed to $175,730 in Q2 and $30,129 for six months, compared to $228,913 and $306,090 in prior-year periods.

• Operating loss narrowed to $157,000 from $735,000 in Q2 2025; EBITDA loss improved to $177,000 from $219,000 year-over-year.

• Operating expenses decreased 9% in Q2 and 20% for six months, driven by a 91% and 94% reduction in sales and marketing expenses.

Outlook and guidance

• Targeting commercial launch of NovaArm in H2 2026, with initial production in Vietnam and pre-commercial activities underway with Sunward Logistics.

• Management expects continued focus on expanding recurring service-based revenue, strengthening technology partnerships, and disciplined cost management.

• Liquidity is considered sufficient for at least the next twelve months, but future results depend on execution of strategic initiatives and market conditions.