ROBOTIS (108490) Q1 2025 earnings summary

Executive summary

• Q1 revenue reached ₩10.223bn versus ₩8.338bn a year earlier; operating income was ₩826.0m versus a ₩923.8m loss, and net income was ₩1.203bn versus a ₩2.639bn loss.

• Actuators remained the core business at 97.96% of sales; autonomous robot operations recorded a ₩2.013bn operating loss amid continued investment.

Financial highlights

• Consolidated gross profit was ₩6.308bn versus ₩4.347bn YoY; SG&A was ₩5.482bn versus ₩5.271bn.

• Profit before tax was ₩1.355bn versus a ₩2.548bn loss; net income attributable to parent owners was ₩1.140bn versus a ₩2.674bn loss.

• Standalone revenue was ₩9.168bn versus ₩7.416bn; operating income was ₩263.3m versus a ₩1.226bn loss, and net income was ₩791.7m versus a ₩2.861bn loss.

• Consolidated cash and cash equivalents were ₩10.433bn at quarter-end, versus ₩11.692bn at year-end 2024; short-term deposits were ₩21.009bn, versus ₩10.009bn.

Outlook and guidance

• The planned June 1, 2025 spin-off is intended to let the continuing business focus on actuators and Physical AI, while the autonomous robotics subsidiary pursues investment and B2C service growth.

• Continued investment is expected in outdoor robot infrastructure, regulatory readiness, AI data collection and service commercialization; no quantified financial guidance is stated.

• Dynamixel actuator sales have grown at a stated annual pace of 15–20%; development of the Dynamixel Y, OpenMANIPULATOR-Y and AI Worker platforms supports expansion into advanced automation and robotics applications.