Realbotix Corp. (XBOT) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Realbotix Corp.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.115 Martin, our CFO, Eric 00:00:03.115 -- 00:00:08.022 Abrams, our chief technology officer, and Jennifer, our head of communications. 00:00:08.022 -- 00:00:12.749 I'll do first a quick walk through the quarter, then 00:00:12.749 -- 00:00:18.397 some communication around sort of our strategic pathway forward where we're at as a business. 00:00:18.397 -- 00:00:22.062 And then towards the end of that, we'll open it up to some Q&A, plan on doing sort of 00:00:22.062 -- 00:00:27.947 10 minutes of Q&A or so. So we'll try and get to as many questions as we can. 00:00:28.955 -- 00:00:33.133 And in order to ask the questions, I think you just put it into the Q&A button there 00:00:33.133 -- 00:00:39.352 in order to do that. So back to the quarter, these are results 00:00:39.535 -- 00:00:44.061 that ended from January to March of this year. 00:00:44.061 -- 00:00:46.344 We had 166% increase 00:00:46.344 -- 00:00:52.472 in our revenue to approximately 761,000 for three months and a 220% 00:00:52.472 -- 00:00:58.440 increase in revenue to 1.6 million for the six months ended in March, 2025. 00:00:58.440 -- 00:01:02.022 Obviously those numbers are all in US dollars. 00:01:02.063 -- 00:01:08.069 The Q, that quarter was not the best quarter for crypto. 00:01:08.473 -- 00:01:14.262 Whereas the end of last year, post the Trump presidency, there was a big rally in crypto 00:01:14.262 -- 00:01:16.546 that really cooled off sort of January to February. 00:01:16.546 -- 00:01:21.590 We've now seen that all come back. Obviously that's not reflective here. 00:01:22.094 -- 00:01:27.157 But as a result of that, the way things work for us, and these are the accounting rules, 00:01:27.157 -- 00:01:32.525 is that when there is a gain or a loss in the value of cryp...