Richtech Robotics Inc. (RR)

NASDAQ: RR · Real-Time Price · USD
2.215
-0.255 (-10.32%)
At close: Feb 21, 2025, 4:00 PM
2.190
-0.025 (-1.13%)
After-hours: Feb 21, 2025, 7:59 PM EST
-10.32%
Market Cap 253.63M
Revenue (ttm) 4.39M
Net Income (ttm) -8.94M
Shares Out 114.50M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,191,103
Open 2.480
Previous Close 2.470
Day's Range 2.165 - 2.570
52-Week Range 0.302 - 5.200
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 14, 2025

About RR

Richtech Robotics Inc. develops, manufactures, deploys, and sells robotic solutions for automation in the service industry in the United States. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as Matradee, a server assistant robots; Medbot, designed for hospital deliveries; Titan for heavy duty payloads in central distribution facilities and general transport duties; and Skylark, a service robots customized for hotel and room service applications. The company provides DUST-E, a comm... [Read more]

Sector Industrials
IPO Date Nov 17, 2023
Employees 57
Stock Exchange NASDAQ
Ticker Symbol RR
Full Company Profile

Financial Performance

In 2024, Richtech Robotics's revenue was $4.24 million, a decrease of -51.59% compared to the previous year's $8.76 million. Losses were -$8.14 million, 2301.2% more than in 2023.

Financial Statements

News

Richtech Robotics: Sell On Poor Results And Elevated Valuation

Richtech Robotics recently filed its FY2024 annual report on form 10-K and its Q1/FY2025 report on form 10-Q with the SEC. Recent changes to the business model have resulted in persistent dilution and...

4 days ago - Seeking Alpha

Richtech Robotics Launches the Richtech Accelerator Program to Bolster AI and Robotics Research at U.S. Universities

Columbia University announced as first institution to join the program LAS VEGAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider o...

9 days ago - GlobeNewsWire

Richtech Robotics Announces Grand Opening of Clouffee & Tea in Las Vegas

Company's new ADAM-centric food and beverage brand to officially launch at Town Square location with ribbon-cutting ceremony on February 9, 2025

15 days ago - GlobeNewsWire

Richtech Robotics: A Speculative Bet On Advanced Robotics

I believe Richtech Robotics stands out as a rare, publicly traded, US-based robotics company, offering high-risk speculators exposure to humanoid and robotics hype. I anticipate NVIDIA's advancements,...

4 weeks ago - Seeking Alpha

Richtech Robotics to Present at the LD Micro Main Event XVII

LAS VEGAS, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), a Nevada-based provider of AI-driven service robots, announces today that Matt Casella, President of Richtech Robotics...

4 months ago - GlobeNewsWire

Richtech Robotics Expands Agreement with Ghost Kitchens to Manage 20 Additional Walmart-Located Restaurants, Growing its Restaurant Operations Model

Company's subsidiary, AlphaMax Management LLC, will optimize operations through the use of robotics and AI cloud technology at restaurants across Arizona, Colorado, and Texas

4 months ago - GlobeNewsWire

Richtech Robotics Signs Distribution Agreement with Sproutmation, LLC, Commercial Robotics and Automation Solutions Delivery Provider

First purchase order under agreement is for 20 Scorpion units LAS VEGAS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider of AI-driv...

4 months ago - GlobeNewsWire

Richtech Robotics Introduces Scorpion, an AI-Powered Single-Arm Beverage Service Robot, and Announces Distribution Partnership for 500 Robots Over Five Years

Leveraging NVIDIA accelerated computing and offering personalized drinks, Scorpion is expected to save costs, generate revenue, and provide an unforgettable customer experience

5 months ago - GlobeNewsWire

Richtech Robotics Announces Closing of $21 Million Public Offering

LAS VEGAS, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the clos...

6 months ago - GlobeNewsWire

Richtech Robotics Announces Pricing of Upsized $21 Million Public Offering

LAS VEGAS, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the prici...

6 months ago - GlobeNewsWire

Richtech Robotics Announces ADAM Installation at One Kitchen in Rockford, IL Walmart, Marking First Humanoid Drink Robot in the State

Latest installation furthers a 240-location rollout at One Kitchens across the U.S. and integrates the Company's new commercial management venture, AlphaMax Management, formed to optimize the integrat...

6 months ago - GlobeNewsWire

Richtech Robotics: The Serve Robotics Sympathy Play With Superior Financials

Serve Robotics Inc. stock surged after NVIDIA announced a small investment stake. Richtech Robotics Inc. benefits from being a sympathy play, with superior revenue and operating profit numbers compare...

7 months ago - Seeking Alpha

Richtech Robotics Gains And Loses, But Looks Much Stronger

Richtech Robotics Inc. experienced a brief spike in its share price following positive news of a major deal with Ghost Kitchens. The successful installation of its product at the first of 240 location...

7 months ago - Seeking Alpha

Richtech Robotics Celebrates Completion of Installation of ADAM at Ghost Kitchens inside Dawsonville, GA Walmart

ADAM's integration at Ghost Kitchens marks the start of a 240-location rollout across the US. LAS VEGAS, July 22, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a ...

7 months ago - GlobeNewsWire

MetaDolce Technologies Named Authorized U.S. Reseller by Richtech Robotics

CALABASAS, Calif.--(BUSINESS WIRE)-- #delivery--MetaDolce Technologies Named Authorized U.S. Reseller by Richtech Robotics. MetaDolce to Market Richtech's Medbot Hospital Medical Delivery Robot.

9 months ago - Business Wire

Richtech Robotics Launches Elevator-Enabled Medbot: A Revolutionary Robot to Improve Healthcare Facility Efficiency

Amid a nationwide shortage of pharmacy staff, the company is addressing critical healthcare facility challenges by automating the safe and secure delivery of medications

10 months ago - GlobeNewsWire

Richtech Robotics Announces Joint Venture with Zipphaus to Launch Robot-Operated Cafes

The companies intend to launch the robotic beverage system ADAM in customer facing locations inside hospitals, airports, and schools

11 months ago - GlobeNewsWire

Richtech Robotics Poised To Capitalize On Labor Shortages In Hospitality Industry

Richtech Robotics aims to address labor shortages in the hospitality industry by supplying robots. The market size for hospitality robots is projected to grow to $3.083 billion by 2030. Richtech Robot...

11 months ago - Seeking Alpha

Richtech Robotics Signs Letter of Intent with Ghost Kitchens International Inc. to Revolutionize Dining Experience

LAS VEGAS, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots, announces a non-binding Letter of I...

1 year ago - GlobeNewsWire

Richtech Robotics Forges Strategic Partnership with MAC USA, Revolutionizing Service Industry Dynamics

LAS VEGAS, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a trailblazer in collaborative robotic solutions for the service industry, anno...

1 year ago - GlobeNewsWire

Richtech Robotics Announces Closing of Underwriters' Over-Allotment Option in Connection With Its Initial Public Offering

LAS VEGAS, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada company and a provider of AI-driven service robots for the hospitality...

1 year ago - GlobeNewsWire

Richtech Robotics Announces Closing of Upsized Initial Public Offering

Richtech Robotics Inc., (Nasdaq: RR) a Nevada company and a provider of AI-driven service robots announced the closing of its initial public offering.

1 year ago - GlobeNewsWire

U.S. IPO Weekly Recap: Smaller Deals Slip Through The IPO Window Before The Thanksgiving Break

Four smaller IPOs priced this past week, joined by one SPAC. The biggest news came from the pipeline, with product assessment services provider UL Solutions filing for an estimated $1 billion IPO, fol...

1 year ago - Seeking Alpha

Richtech Robotics Readies $15 Million U.S. IPO

Richtech Robotics has filed proposed terms for a $15 million IPO. The company designs and manufactures robots for various commercial service functions, targeting industries such as restaurants, hotels...

1 year ago - Seeking Alpha

Richtech Robotics sets $4-$6 price range in microcap IPO

Richtech Robotics Inc. said Friday it plans to offer 3 million Class B shares at $4 to $6 a share in its upcoming initial public offering on the Nasdaq under the symbol RR. The Las Vegas-based maker o...

1 year ago - Market Watch