Full-year revenue increased 7.9% to $5.6 million ; second-half revenue grew 12.8% to $2.9 million ; cash, cash equivalents and marketable securities increased to $22.8 million SYDNEY, Australia , Nov. 02, 2026 (GLOBE NEWSWIRE) -- GMEX Robotics Corporation (NASDAQ: GMEX) ("GMEX Robotics" or the "Company"), a technology company focused on the development and commercialization of AI-powered robotics and intelligent automation solutions, today announced full year financial results for fiscal year ended June 30, 2026 and provided an update on its business strategy. Revenue for the full fiscal year ended June 30, 2026 increased 7.9% to $5.6 million from $5.2 million for the full fiscal year ended June 30, 2025 . Revenue for the six months ended June 30, 2026 , the second half of fiscal 2026, increased 12.8% to $2.9 million , compared with $2.6 million in the prior-year period. Full-year net loss was $17.37 million , compared with $0.68 million in fiscal 2025, primarily reflecting $12.1 million of net other expense driven by non-recurring digital-asset and financing-related items associated with corporate restructuring activities. At June 30, 2026 , the Company had cash and cash equivalents and marketable securities of $22.8 million , and stockholders’ equity of $28.56 . million. “During fiscal 2026, we advanced our transition into AI-powered robotics with the backdrop of revenue growth from our established fitness equipment vertical,” said Sam Lu , GMEX Robotics’ Chief Executive Officer. “Our first Bon Vivant cooking system deployment order and the introduction of our vision sensor mounting system represent progress in bringing our hardware capabilities to commercial applications. Recently, our investment in MediaMeta added access to technology that we intend to integrate into our Terminal + Brain platform.” “As we focus on growing our robotics business, we are also focused on managing our expenses to optimize operating performance of the Company. Our priorities are to advance commercial deployments, integrate complementary AI capabilities and manage spending as we develop the business. Our longer-term objective is to build hardware sales alongside recurring software and service revenue,” concluded Mr. Lu . Business Highlights for Fiscal Year Ended June 30, 2026 Received an initial order in May 2026 valued at approximately AU$504,000 for Bon Vivant 3.0 cooking systems under a previously announced AU$4.2 million (or the equivalent of US$3.0 million ) agreement covering planned deployment of at least 50 intelligent kitchen robotics systems Unveiled a modular vision sensor mounting system in June 2026 designed to simplify sensor replacement and reduce maintenance downtime for industrial robots Rebranded from Fitell Corporation to GMEX Robotics in March 2026 , reflecting the Company’s expansion from fitness equipment e-commerce into AI-powered robotics and intelligent automation Increased average revenue in the fitness equipment business per order by 11.5% to $275.62 from $247.26 in the prior year period as the Company focused more on commercial customers, which accounted for 33.3% of fiscal 2026 revenue; the customer database grew to 249,936 members from 225,676 in the prior year period Paid an interim cash dividend of $0.10 per share, declared in December 2025 , totaling $1.0 million Acquired equity interests representing 30% of Alpha Meta AI Pte. Ltd.’s issued and outstanding equity interests on a fully diluted, after-issued basis. Alpha Meta conducts its MediaMeta business through mediameta.ai and related business units. MediaMeta’s current business is focused on digital content, AI applications and generative engine optimization (GEO). Its social intelligence capabilities for robotics applications are in development Commercially launched its smart connected fitness equipment in July 2026 , with retail products becoming available in October 2026 Appointed Brian Hartzband as President of U.S . Operations in July 2026 to lead it’s the Company’s growth strategy, including commercial operations, strategic partnerships, customer development and market expansion Commercial Priorities GMEX Robotics is developing its Terminal + Brain (Intelligence) platform to combine physical robotics with AI orchestration and social intelligence. The Company’s priorities include advancing robotics deployments, identifying initial integration use cases with MediaMeta and developing customer relationships in North America In August 2026 , GMEX announced 247meta.ai, a platform designed to coordinate multiple AI agents and route tasks across proprietary and open-weight AI models based on the requirements of each workflow. The Company believes 247meta.ai provides a near-term commercial opportunity for its AI capabilities while its broader physical robotics platform continues to advance. The Company’s longer-term strategy targets revenue from robotics hardware, recurring software and AI capabilities, and deployment, maintenance and support s