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Serve Robotics | 8-K: Serve Robotics Announces Third Quarter 2024 Results

Serve Robotics | 8-K: Serve Robotics Announces Third Quarter 2024 Results

Serve Robotics | 8-K:Serve Robotics公布2024年第三季度业
美股SEC公告 ·  2024/11/08 05:19

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Serve Robotics announced Q3 2024 financial results with revenue of $0.22M, including $0.04M from software services. The company successfully raised $32.3M through private placements, ending Q3 with a strong cash position of $50.9M and zero debt. Daily active robots increased 97% YoY and 23% QoQ, while daily supply hours grew 108% YoY to 465.The company is expanding geographically into Los Angeles areas including Downtown LA, Sawtelle and Westwood, with plans to enter the Dallas Fort Worth market by Q2 2025. Additionally, Serve announced an agreement to acquire Vebu and its Autocado robot technology, strategically expanding into back-of-house automation solutions.Regarding the partnership with Uber Eats to deploy 2,000 robots by end of 2025, the company reports being ahead of schedule with initial manufacturing and rollout. New strategic partnerships were also formed with Wing Aviation and Shake Shack to expand service reach.
Serve Robotics announced Q3 2024 financial results with revenue of $0.22M, including $0.04M from software services. The company successfully raised $32.3M through private placements, ending Q3 with a strong cash position of $50.9M and zero debt. Daily active robots increased 97% YoY and 23% QoQ, while daily supply hours grew 108% YoY to 465.The company is expanding geographically into Los Angeles areas including Downtown LA, Sawtelle and Westwood, with plans to enter the Dallas Fort Worth market by Q2 2025. Additionally, Serve announced an agreement to acquire Vebu and its Autocado robot technology, strategically expanding into back-of-house automation solutions.Regarding the partnership with Uber Eats to deploy 2,000 robots by end of 2025, the company reports being ahead of schedule with initial manufacturing and rollout. New strategic partnerships were also formed with Wing Aviation and Shake Shack to expand service reach.
Serve Robotics公布了2024年第三季度的财务业绩,营业收入为22万美元,其中来自软件服务的收入为4万美元。公司成功通过私募融资募集了3230万美元,第三季度结束时现金状况良好,达到了5090万美元且没有债务。日活跃机器人同比增长97%,环比增长23%,而日供应时数同比增长108%,达到了465小时。公司正在向洛杉矶地区扩展,包括洛杉矶市中心、Sawtelle和Westwood,计划在2025年第二季度进入达拉斯-沃斯堡市场。此外,Serve宣布达成收购Vebu及其Autocado机器人技术的协议,战略性地扩展至后厅自动化解决方案。关于与Uber Eats的合作,以在2025年底前部署2000台机器人,公司报告表示制造和推出工作进展顺利。还与Wing Aviation和Shake Shack形成了新的战略合作伙伴关系,以扩展服务范围。
Serve Robotics公布了2024年第三季度的财务业绩,营业收入为22万美元,其中来自软件服务的收入为4万美元。公司成功通过私募融资募集了3230万美元,第三季度结束时现金状况良好,达到了5090万美元且没有债务。日活跃机器人同比增长97%,环比增长23%,而日供应时数同比增长108%,达到了465小时。公司正在向洛杉矶地区扩展,包括洛杉矶市中心、Sawtelle和Westwood,计划在2025年第二季度进入达拉斯-沃斯堡市场。此外,Serve宣布达成收购Vebu及其Autocado机器人技术的协议,战略性地扩展至后厅自动化解决方案。关于与Uber Eats的合作,以在2025年底前部署2000台机器人,公司报告表示制造和推出工作进展顺利。还与Wing Aviation和Shake Shack形成了新的战略合作伙伴关系,以扩展服务范围。
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