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The latest announcement is out from Roboai ( (AIIO) ).
Robo.ai Inc. released its interim financial report for the six months ended June 30, 2025, showing a significant decrease in net revenue by 87.9% compared to the same period in 2024, primarily due to the discontinuation of its Rabdan-branded vehicle line and intense market competition. The company’s cost of revenues also decreased by 81.3%, reflecting the reduced revenue, while the overall financial performance indicates challenges in maintaining market position amidst evolving industry standards and competition.
More about Roboai
Robo.ai Inc. operates in the autonomous driving industry, focusing on the development and production of autonomous driving technologies and vehicles. The company is based in Dubai, UAE, and is listed on the Nasdaq Capital Market.
Average Trading Volume: 3,386,976
Technical Sentiment Signal: Buy
Current Market Cap: $599M
For a thorough assessment of AIIO stock, go to TipRanks’ Stock Analysis page.