GMEX Robotics (GMEX) H2 2026 earnings summary

Executive summary

• FY26 revenue rose 7.9% to $5.6m; H2 revenue increased 12.8% to $2.9m, supported by the established fitness equipment business.

• FY26 net loss is cited as $17.37m in the overview and $19.2m in the detailed results, versus $0.68m in FY25; non-recurring digital-asset and financing items contributed to the increase.

• Strategic focus shifted toward AI-powered robotics and intelligent automation, alongside expense management and development of hardware, software and service revenue streams.

Financial highlights

• FY26 revenue was $5.6m versus $5.2m in FY25; H2 revenue was $2.9m versus $2.6m in the prior-year period.

• Gross profit fell to $480,590 from $2.0m; the $1.7m consignment-goods write-off allowance contributed to the decline. Excluding it, gross profit was $2.1m.

• Operating expenses increased to $7.6m from $3.7m; operating loss widened to $7.1m from $1.6m, including $1.3m of non-cash share-based compensation in FY26.

• Net other expense was $12.1m versus net other income of $1.3m in FY25, primarily reflecting digital-asset and financing-related items.

Outlook and guidance

• Priorities include advancing commercial robotics deployments, identifying initial MediaMeta integration use cases, building North American customer relationships and managing spending.

• Longer-term strategy targets robotics hardware sales plus recurring software and AI revenue, and deployment, maintenance and support services.

• 247meta.ai, announced in August 2026, is positioned as a near-term commercial opportunity while the broader physical robotics platform advances.