Robo.ai

We look for evidence of sustained margin expansion or latent ability to raise prices without volume loss. H1 2026 posted US$55.1 million of net revenue with just US$0.2 million of gross profit, indicating minimal value capture and limited current pricing power. Pre‑pivot years show deteriorating scale and large losses.

Until the company proves sticky, high‑margin software or infrastructure revenue, we assume little pricing latitude.