Realbotix Reports Financial Results for Q3-2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2024
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Source: Businesswire
Financial Performance: Realbotix Corp. reported significant growth in Q3-2024, with total assets increasing by 138% to $23.5 million and revenues rising by 143% for the three months ended June 30, 2024, compared to the same period last year.
Corporate Developments: The company completed the acquisition of Simulacra Corporation and rebranded itself as Realbotix Corp., focusing on expanding its presence in the AI-enabled humanoid robot market, while also receiving Ethereum distributions from Genesis Global Capital.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
