VenHub Global (VHUB) investor relations material

Executive summary

• Focused on autonomous Smart Store technology, with five stores deployed and no SaaS revenue recognized yet due to introductory waivers for early customers.

• Revenue for the quarter was primarily from product sales at company-owned stores; no Smart Store sales revenue recognized in the period.

• Net loss for the quarter was $10.5 million, an improvement from $20.5 million in the prior year, mainly due to the absence of a large prior-year settlement expense.

• Operating expenses increased significantly, driven by higher share-based compensation and investments in personnel, engineering, and commercialization.

Financial highlights

• Revenue for the three months ended June 30, 2026, was $86,614, up 536% year-over-year, but gross margin declined to -245.5% due to obsolete inventory write-off and promotional pricing.

• Six-month revenue was $154,450, down 69.9% year-over-year, with a gross margin of -135.3%.

• Operating expenses for the quarter were $9.97 million, up 425% year-over-year, mainly due to $7.1 million in share-based compensation.

• Net loss for the six months ended June 30, 2026, was $27.1 million, compared to $29.9 million in the prior year.

• Cash and cash equivalents at June 30, 2026, were $2.56 million.

Outlook and guidance

• Management expects continued reliance on external financing in the near term, with plans to shift toward revenue from Smart Store sales and SaaS as commercialization progresses.

• Anticipates increased operating expenses as the company expands deployments, invests in product development, and builds organizational infrastructure.

• Ongoing efforts to raise additional equity and debt financing to support growth and meet cash requirements.