NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (NASDAQ:AMCI) ("AMC Robotics" or the "Company"), an AI-driven robotics solutions provider, today reported financial results for the full year ended December 31, 2025.

"2025 was a defining year for AMC Robotics. We completed our business combination with AlphaVest Acquisition Corp, began trading on Nasdaq, and built a solid operational and financial foundation to execute our growth strategy," said Sean Da, Chairman of the Board and Chief Executive Officer. "Our existing operations delivered $6.0 million in revenue and a 48% gross margin, giving us the runway to invest in what we believe will be a high-growth AI robotics future. With NovaArm™ and Kyro™ both advancing toward commercialization, we are excited to bring our AI robotics platform to market and set a new standard for warehouse and security automation in 2026."

Full Year 2025 Business Highlights

Completed Business Combination with AlphaVest Acquisition Corp and commenced trading on Nasdaq under ticker "AMCI" in December 2025
Raised $8.0 million through concurrent PIPE financing to fund strategic growth initiatives, including robotics commercialization and international expansion
Advanced NovaArm™, the Company's warehouse logistics robot, toward commercial launch targeted for Q2 2026
Showcased Kyro™ quadruped robotic platform at CES 2026 and Tokyo Security Show 2026
Established AMCV Company Limited in Vietnam, a dedicated manufacturing subsidiary to support Kyro™ production scaling
Announced strategic collaboration with HIVE Digital Technologies for GPU AI compute infrastructure to support Kyro™ development and deployment

Financial Highlights

Total revenue of $6.0 million for fiscal year 2025
Gross profit of $2.85 million; gross margin of approximately 48%
Operating loss of $0.5 million for fiscal year 2025
GAAP net loss of approximately $24.8 million, largely attributable to a one-time, non-cash change in fair value of PIPE warrant liabilities (see Non-GAAP reconciliation below)
Adjusted net income of $0.7 million, excluding the non-cash warrant fair value adjustment
Adjusted EBITDA of $0.8 million, excluding the non-cash warrant fair value adjustment
Cash and cash equivalents of $7.0 million as of December 31, 2025
Net stockholders' equity improved from a deficit of approximately $2.3 million as of December 31, 2024 to positive equity of approximately $10.4 million as of December 31, 2025
All PIPE warrants reclassified as permanent equity as of December 31, 2025; warrant fair value charge is fully resolved and will not recur

The GAAP net loss for fiscal 2025 was largely driven by a non-cash loss of $25.5 million from the change in fair value of the Company's PIPE warrant liability, which was non-cash and non-operating in nature and recorded in accordance with ASC 815. As of December 31, 2025, all warrants have been reclassified as permanent equity and this charge is not expected to recur in future periods. Excluding this one-time item, the Company reported Adjusted Net Income of $0.7 million and Adjusted EBITDA of $0.8 million for the year ended December 31, 2025.

2026 Outlook

AMC Robotics enters 2026 with clear strategic priorities and two products advancing toward commercialization: NovaArm™ and Kyro™. With manufacturing infrastructure in place and GPU compute secured through its partnership with HIVE Digital, the Company believes it is well-positioned to execute on its AI robotics strategy.

About AMC Robotics Corporation

AMC Robotics (NASDAQ:AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company's quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception.

For more information, please visit www.amcx.ai.

Investors and Media Contact

Craig Mychajluk

Managing Director – Investor Relations

Alliance Advisors IR

E: AMCRoboticsIR@allianceadvisors.com

Non-GAAP Financial Measures

This press release includes Non-GAAP financial measures, including Adjusted Net Income and Adjusted EBITDA, which excludes the non-cash, non-recurring change in fair value of warrant liabilities. The Company believes these measures provide useful supplemental information to investors regarding underlying operating performance. Non-GAAP measures should not be considered in isolation or as substitutes for results prepared in accordance with GAAP, and may not be comparable to similarly titled measures reported by other companies.

Cautionary Note Regarding Forward Looking Statements

This press release may contain statements that constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, and the effects of regulation. These forward-looking statements are based on the Company's management's current expectations, projections, and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.

These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions, and other important factors include, but are not limited to: (a) challenges in opening operations in new jurisdictions, including but not limited to compliance with local ordinances, obtaining any necessary permits and regulatory oversight; (b) the ability to recognize the anticipated benefits of the new operations; (c) the outcome of any legal proceedings that may be instituted against the Company; (d) the ability to continue to meet the applicable stock exchange listing standards; (e) the effect of the Company's recently completed business combination with AlphaVest Acquisition Corp ("AlphaVest") on the Company's business relationships, performance, and business generally and the risk that such transaction further disrupts current plans and operations of the Company or its subsidiaries; (f) the ability to recognize the anticipated benefits of the transaction with AlphaVest, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations); (h) the possibility that AMC Robotics may be adversely affected by other economic, business, and/or competitive factors; (i) AMC Robotics' estimates of expenses and profitability; and (j) other risks and uncertainties indicated under "Risk Factors" contained in AMC Robotics' Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed or to be filed with the SEC by AMC Robotics. Copies are available on the SEC's website, www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

The Company assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company gives no assurance that it will achieve its expectations.

AMC ROBOTICS CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

	Years ended
	December 31,
	2025			2024
REVENUES
Product revenue	$	2,346,474		$	7,439,899
Product revenue - related party		515,756			6,270
Revenue share – related party		3,118,617			2,754,788
Total Revenues		5,980,847			10,200,957
COST OF REVENUES
E-commerce platform expenses		(670,405	)		(2,039,708	)
Product cost - related party		(2,223,113	)		(6,002,463	)
Delivery and freight cost		(71,144	)		(176,451	)
Inventory impairment losses		(163,037	)		(1,326,355	)
Total Cost of Revenues		(3,127,699	)		(9,544,977	)
Gross Profit		2,853,148			655,980

OPERATING EXPENSES
General and administrative expenses		(2,687,250	)		(2,190,635	)
Reversal for credit losses - related party		-			1,262,146
Sales and marketing expenses		(612,992	)		(2,026,051	)
Research and development expenses		(58,072	)		(255,414	)
Total Operating Expenses		(3,358,314	)		(3,209,954	)

LOSS FROM OPERATIONS		(505,166	)		(2,553,974	)

OTHER INCOME (EXPENSES)
Other income - related party		1,217,586			1,779,528
Other income, net		39,675			31,577
Interest income		14,413			675
Loss on deconsolidation		(5,310	)		-
Loss from the change of the FV of Warrant Liability		(25,549,272	)		-
Interest expense - related party		-			(18,999	)
Interest expense		(24,616	)		(7,943	)
Total Other Income (loss), Net		(24,307,524	)		1,784,838
INCOME (LOSS) BEFORE INCOME TAX		(24,812,691	)		(769,136	)
Income tax expense		(4,651	)		(7,824	)
NET INCOME (LOSS)	$	(24,817,342	)	$	(776,960	)
Other comprehensive income		-			273
TOTAL COMPREHENSIVE INCOME (LOSS)	$	(24,817,342	)	$	(776,687	)

NET INCOME (LOSS) PER SHARE: BASIC	$	(1.36	)	$	(0.04	)
NET INCOME (LOSS) PER SHARE: DILUTED	$	(1.36	)	$	(0.04	)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC		18,289,571			18,000,000
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED		18,289,571			18,000,000

AMC ROBOTICS CORPORATION CONSOLIDATED BALANCE SHEETS

	December 31,			December 31,
	2025			2024
ASSETS
Current assets
Cash and cash equivalents	$	7,004,601		$	358,887
Accounts receivable		427			54,302
Accounts receivable - related party		2,065,890			190,168
Inventories, net		1,069,465			3,555,876
Prepaid expenses		355,467			100,912
Other receivable		-			125,000
Other receivable - related party, net		475,909			1,959,842
Advance to suppliers		3,677			5,049
Advance to suppliers – related party		21,387
Prepayment - related party (current)		60,000			-
Deferred offering cost		-			233,339
Promissory note receivable		-			623,449
Note receivable - stockholder		-			15,862
Total current assets		11,056,823			7,222,686
Right-of-use asset		101,221			-
Other non-current assets		7,697			-
Prepayment - related party		6,845			126,965
TOTAL ASSETS	$	11,172,586		$	7,349,651

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICITS)
Current liabilities
Accounts payable - related party	$	-		$	8,543,243
Accrued and other liabilities		592,822			219,815
Tax payable		6,627			6,673
Other payable - related party		-			6,269
Short term bank loan		-			821,982
Lease liability - current		57,349			-
Warranty liabilities - current portion		30,023			69,010
Total current liabilities		686,821			9,666,992
Lease liability - noncurrent		52,753			-
Warranty liabilities - noncurrent		6,810			14,274
TOTAL LIABILITIES		746,384			9,681,266

Stockholders' equity (deficits)
Common stock, $0.0001 par value, 100,000,000 shares authorized, 22,595,363 and 18,000,000 shares issued and outstanding as of December 31, 2025 and December 31, 2024		2,260			1,800
Additional paid-in capital		37,653,029			142,899
Retained earnings (Accumulated deficits)		(27,229,088	)		(2,470,588	)
Accumulated other comprehensive loss		-			(5,726	)
Total stockholders' equity (deficits)		10,426,202			(2,331,615	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICITS)	$	11,172,586		$	7,349,651

AMC ROBOTICS CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS

	Years ended
	December 31,
	2025			2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$	(24,817,342	)	$	(776,960	)
Adjustments to reconcile net income (loss) to net cash provided by/(used in) operating activities:
(Reversal) for credit losses - related party		-			(1,262,146	)
Loss from the change of the FV of Warrant Liability-		25,549,272			-
Provision (reversal) for warranty		(45,993	)		40,724
Inventory impairment losses		163,037			1,326,355
Non-cash lease expenses		78,154			-
Changes in operating assets and liabilities:
Accounts receivable		53,875			39,774
Accounts receivable - related party		(1,875,722	)		247,029
Inventories, net		2,323,374			176,547
Prepaid expenses		(254,555	)		(17,341	)
Other receivable		-			(125,000	)
Other receivable - related party, net		1,483,933			651,435
Advance to suppliers		(3,677	)		-
Advance to suppliers – related party		(16,338	)		37
Other non-current assets		(7,697	)		-
Due from stockholder		-			548,759
Prepayment - related party		60,120			1,244
Accounts payable		-			(479	)
Accounts payable - related party		(8,543,243	)		(255,579	)
Accrued and other liabilities		373,007			23,996
Tax payable		(46	)		(12,082	)
Other payable - related party		(6,269	)		1,935
Warranty liabilities - current portion		7,006			(32,060	)
Warranty liabilities - noncurrent		(7,464	)		(7,733	)
Lease liability		(69,272	)		-
Net cash provided by / (used in) operating activities	$	(5,555,840	)	$	568,455

CASH FLOWS FROM INVESTING ACTIVITIES
Issuance of note receivable – stockholder		-			(552,217	)
Repayment of note receivable - stockholder		15,862			986,844
Repayment of promissory note		-			(623,449	)
Net cash provided by (used in) investing activities	$	15,862		$	(188,822	)

CASH FLOWS FROM FINANCING ACTIVITIES
Deferred offering cost		(593,140	)		(233,339	)
Capital contribution		5,000,000			80,000
Capital contribution from SPAC		2,971,033			-
Payments related to FPA arrangement		(6,681,818	)		-
Proceeds from FPA settlement		4,305,872			-
Proceeds from PIPE shares issued		8,000,000			-
Proceeds from short term loan		-			821,982
Proceeds from note payable - related party		-			1,353,700
Repayment of note payable - related party		(821,982	)		(2,171,162	)
Net cash provided by (used in) financing activities	$	12,179,965		$	(148,819	)

Effect of changes of foreign exchange rate on cash and cash equivalent		5,726			273

Net increase in cash and cash equivalents		6,645,714			231,087
Cash and cash equivalents - beginning of the period		358,887			127,800
Cash and cash equivalents - end of the period	$	7,004,601		$	358,887

Supplemental Cash Flow Disclosures
Cash paid for interest expenses	$	17,605		$	24,453
Cash paid for income taxes	$	-		$	42,768

NON-CASH INVESTING AND FINANCING ACTIVITIES
Non-cash activity from deconsolidation of VIEs	$	58,843			-
Non-cash reclassification of SPAC accumulated deficit to APIC	$	6,886,461			-
Right-of-use asset obtained in exchange for lease obligation	$	168,418		$	-
Unpaid deferred offering cost	$	225,000

AMC ROBOTICS CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP MEASURES

	For the years ended December 31
	2025		2024
Net income (loss)	(24,817,342	)	(776,960	)
Add: Interest expense	24,616		7,943
Add: Income tax expense	4,651		7,824
EBITDA	(24,788,075	)	(761,193	)
Add: Loss from change in fair value of PIPE warrant liability	25,549,272		-
Add: Loss on deconsolidation	5,310		-
Adjusted EBITDA	766,507		(761,193	)

AMC Robotics Reports Full Year 2025 Financial Results