Product Revenue was Richtech Robotics’s largest product and service line in fiscal 2023, bringing in $5.67M of $8.76M (65%).
| Product and Service | FY 2022 | FY 2023 |
|---|---|---|
| Product Revenue | $2.98M | $5.67M |
| Service Revenue | $1.88M | $2.60M |
| Leasing Revenue | $441.00K | $197.00K |
| Smart Hardware | $562.00K | $7.00K |
| Interactive System | $189.00K | $198.00K |
| Cloutea | — | $90.00K |
| Total | $6.05M | $8.76M |
Richtech Robotics brought in $8.76M from its six product and service lines in fiscal 2023, the year ended September 30, 2023. Richtech Robotics regrouped these lines after fiscal 2022, so the total does not compare directly with that year's $6.05M. Product Revenue was the largest at $5.67M (64.7%), ahead of Service Revenue at $2.60M (29.7%) and Interactive System at $198.00K (2.3%). The other three lines brought in $294.00K combined.
Compared with fiscal 2022, Product Revenue grew fastest, up 90.0% to $5.67M, while Leasing Revenue fell the most, down 55.3% to $197.00K.
Richtech Robotics began breaking out Cloutea in fiscal 2023, when it brought in $90.00K.
Richtech Robotics (RR) reports its revenue by product and service. In fiscal 2023, Product Revenue was its largest product and service line, bringing in $5.67M (64.7% of the total), followed by Service Revenue at $2.60M (29.7%).
Product Revenue was Richtech Robotics' largest product and service line in fiscal 2023, bringing in $5.67M, or 64.7% of the $8.76M total across its six product and service lines.
Every figure comes from Richtech Robotics' annual financial filings, as reported. Each line keeps the name Richtech Robotics gives it, and years follow its fiscal calendar.
Richtech Robotics' revenue by product and service goes back to fiscal 2022, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.