Hong Kong Robotics Group Holding Limited (HK Robotics) reported FY26 revenue of HK$186.01 million, up 75.30% year-on-year, driven mainly by the first full-year contribution from its robotics and compute segment, which generated HK$169.63 million.

The Group recorded a loss attributable to shareholders of HK$178.01 million, 28.89% higher than FY25. After excluding one-off or non-operating items—principally HK$33.38 million loss on disposal of loans and interest receivables, HK$17.94 million in share-based payments and HK$46.66 million in various asset impairments—adjusted loss narrowed 17.71% to HK$80.03 million.

Segment review • Robotics and compute: HK$169.63 million revenue and HK$11.67 million segment loss. • Geothermal energy: HK$9.73 million revenue and HK$19.62 million segment loss after a HK$6.10 million goodwill impairment. • Money lending: HK$0.24 million revenue; HK$42.12 million segment loss, including the disposal loss on loans. • Building construction contracting recorded no revenue and a HK$5.06 million segment loss amid a slowing mainland property market.

The Group disposed of its securities and futures brokerage as well as centralized heating businesses during the year, booking a combined HK$1.20 million loss on disposal and removing related revenue streams.

Balance sheet and liquidity Cash and cash equivalents stood at HK$15.22 million at 31 March 2026, while total bank and other borrowings were HK$271.50 million, all due within one year. Trust loans accounted for HK$226.70 million and remain subject to extension negotiations. Gearing ratio rose to 55.90%, and the net current ratio edged down to 1.03.

Going-concern risk flagged Auditors highlighted a material uncertainty related to going concern, citing the outstanding trust loans and FY26 operating loss. Management is negotiating a revised repayment schedule and has secured a HK$50.00 million shareholder support letter covering the next 12 months.

Capital expenditure totalled HK$3.57 million, mainly for robotics equipment. No dividend was proposed for FY26.

Outlook Management plans to prioritise large-scale deployment of mobile charging, health check-up, inspection and humanoid robots, while maintaining a cautious stance on traditional property construction in the still-weak PRC real-estate market. The Group will also continue discussions with lenders and investors to shore up liquidity.