ROBOTIS (108490) Q2 2025 earnings summary

Executive summary

• H1 2025 consolidated revenue was ₩18.10bn, operating income ₩1.07bn and net income ₩1.38bn, versus operating and net losses in H1 2024.

• Actuators generated 97.78% of H1 sales; autonomous-robot operations were transferred to a newly formed wholly owned subsidiary on June 1.

Financial highlights

• H1 revenue was ₩18.10bn versus ₩16.43bn YoY; gross profit was ₩11.12bn versus ₩8.87bn.

• Operating income was ₩1.07bn versus an operating loss of ₩837m; net income was ₩1.38bn versus a net loss of ₩3.04bn.

• Q2 revenue was ₩7.88bn versus ₩8.09bn YoY; quarterly operating income was ₩241m versus an operating loss of ₩837m.

• H1 parent-company revenue was ₩15.79bn and operating income ₩490m, compared with ₩15.31bn and an operating loss of ₩1.03bn in H1 2024.

Outlook and guidance

• Physical AI investments and robot-market growth are expected to broaden business opportunities; AI Worker development is intended to support intelligent-robot and data-factory expansion.

• Autonomous-robot expansion requires continuing investment, particularly for outdoor service infrastructure, regulation-related deployment and AI data collection.

• R&D spending was ₩4.75bn in H1, or 26.27% of sales; cooperation with MIT is underway on a collaborative robot project for future platforms including AI Worker.