Reported Earnings • Aug 16
Second quarter 2026 earnings released: EPS: US$0.035 (vs US$0.002 in 2Q 2025) Second quarter 2026 results: EPS: US$0.035 (up from US$0.002 in 2Q 2025). Revenue: US$14.9m (down 21% from 2Q 2025). Net income: US$1.45m (up US$1.37m from 2Q 2025). Profit margin: 9.7% (up from 0.4% in 2Q 2025). The increase in margin was driven by lower expenses. Announcement • May 28
Massimo Group Launches AI Intelligent Patrol Platform Initiative Integrating Autonomous Patrol Vehicles, Spherical Security Robots And Drone Systems Massimo Group announced the formal launch of its AI intelligent patrol platform initiative, marking the Company's strategic expansion into AI-powered security infrastructure, autonomous patrol systems, and intelligent robotics applications. The Company believes its platform is positioned to address a large and growing security market across residential communities, industrial facilities, logistics parks, commercial properties, campuses, and public-sector environments. Massimo's AI intelligent patrol platform is being developed by leveraging the Company's existing electric cart and utility vehicle platforms and upgrading them into AI-enabled autonomous patrol vehicles. By combining these upgraded unmanned patrol vehicles with spherical security robots and drone coordination systems, the Company aims to create an integrated 'ground-mobile-air' patrol ecosystem capable of supporting continuous security monitoring, intelligent route patrol, abnormal event detection, and coordinated response across large-area environments. The initiative is designed around a coordinated intelligent patrol architecture integrating: Autonomous AI patrol electric vehicles; AI-powered spherical security robots; and Intelligent drone coordination systems. The announcement follows the execution of a strategic supplemental cooperation agreement between Massimo and Shenzhen Zikongjian Robot Co. Ltd. focused on the joint development of next-generation intelligent spherical patrol robots and related autonomous security technologies. According to the cooperation framework, the parties plan to jointly develop intelligent robotic security products featuring autonomous navigation, environmental sensing, AI-powered behavioral analysis, real-time abnormal event recognition, cloud-connected command systems, and coordinated multi-device response capabilities. The future platform is also expected to integrate unmanned patrol vehicles and drone systems to create a scalable AI-driven intelligent patrol ecosystem. Massimo further confirmed that development work on prototype autonomous patrol vehicles has officially commenced, including AI-enabled driverless patrol electric vehicle systems designed for continuous operation in commercial and community security environments. Initial engineering, software integration, and intelligent control system development are currently underway. The Company believes that the increasing adoption of AI-powered security infrastructure, intelligent robotics, and autonomous patrol technologies may create substantial long-term opportunities in smart community management, industrial park security, logistics facility operations, warehouse management, and commercial property protection. The Company stated that future development phases may include expanded applications involving: Smart community patrol systems; Industrial and warehouse security automation; Intelligent logistics park management; Campus and healthcare facility patrol solutions; Commercial property security operations; and Public-sector intelligent patrol infrastructure. According to the Company, the current phase primarily focuses on technology development, prototype engineering, and platform architecture integration. Commercial deployment timelines will depend on continued development progress, testing results, regulatory considerations, and market conditions. Reported Earnings • May 18
First quarter 2026 earnings released: US$0.024 loss per share (vs US$0.05 loss in 1Q 2025) First quarter 2026 results: US$0.024 loss per share (improved from US$0.05 loss in 1Q 2025). Revenue: US$12.7m (down 15% from 1Q 2025). Net loss: US$1.01m (loss narrowed 52% from 1Q 2025). 
