AMC Robotics (AMCI) Registration filing summary

Company overview and business model

• Distributes smart security products, including cameras and related solutions, primarily through e-commerce platforms in the US, Canada, and Europe.

• Focuses on AI-driven video capture and analysis, with ongoing development of IoT, AI-based alarm systems, and wearable devices.

• Revenue streams include product sales, revenue share from cloud services via a related party, and sales to related parties.

• Utilizes partnerships and VIE structures for international operations, with plans to transfer store ownership to direct control.

Financial performance and metrics

• For the nine months ended September 30, 2025, revenue was $4.7M, down from $8.0M in the prior year period, mainly due to lower product sales.

• Gross profit for the same period was $1.8M, up from $0.5M, driven by reduced product costs and higher-margin revenue share.

• Net income for the nine months ended September 30, 2025 was $399K, compared to a net loss of $2.0M in the prior year.

• Operating cash outflow for the nine months ended September 30, 2025 was $4.9M, primarily due to inventory reduction and related party repayments.

• For the year ended December 31, 2024, revenue was $10.2M with a net loss of $777K, compared to $15.9M revenue and $1.4M net loss in 2023.

Use of proceeds and capital allocation

• Will receive up to $22.4M only if all warrants issued in the PIPE financing are exercised for cash.

• Proceeds from warrant exercises are intended for general corporate purposes, with management discretion over allocation.