Realbotix (XBOT.F) Emerging Growth Virtual Conference 78 summary

Product innovation and technology

• Showcased AI-powered humanoid robots at CES, receiving significant media attention and public interest.

• Robots feature modular, patented design allowing quick face and AI swaps, and a new vision system enabling eye contact and object recognition.

• Use cases include healthcare, military, marketing, retail, and elder care, with custom AI tailored for social interaction.

• Synthetic skin technology is patented, offering high realism and durability, with advanced facial expressions.

• Robots currently move on programmable wheeled bases; walking capability will be integrated when industry standards mature.

Market demand, partnerships, and business development

• Post-CES, received increased inquiries from military, pharmaceutical, entertainment, and religious sectors.

• Actively exploring partnerships, especially with technology and branding companies, but no new formal partners yet.

• All robots are made to order, with busts priced around $10,000 and full-bodied models taking 4–6 months to deliver.

• Considering third-party retail showrooms, with potential locations in major cities like New York.

• Planning to scale production from 15–20 to several hundred robots annually by building a dedicated assembly facility.

Financials, corporate status, and strategic outlook

• Financial statements for the year ending September 2024 will be released January 28, with Q1 results to follow.

• Canadian listing is in good standing; exploring a Nasdaq listing to enhance liquidity and valuation.

• No current stock buyback due to high share price, but capital is allocated for future buybacks if valuation drops.

• Market cap is approximately $80 million.

• Still holds crypto assets and a 15% stake in StoryFire, but focus is shifting to robotics and AI.