- Nightfood Holdings Inc. recently announced that the company is generating approximately $10 million in annual revenue
- The revenue comes from the company’s diversified portfolio of AI robotics and hospitality assets
- NGTF also recently announced that the company’s expanding the robotic live pilot programs beyond the hospitality industry
Nightfood Holdings (OTCQB: NGTF), dba TechForce Robotics, an AI robotics company, recently announced that it is generating around $10 million in annualized revenue, a result of its diverse portfolio of income-producing hospitality and robotics assets. The company’s acquisition strategy is central to this growth, highlighted by its recent purchase of the 120-room Hilton Garden Inn in Rancho Mirage for approximately $52.8 million. This marks its fifth acquisition in under two years as it continues to build an integrated robotics ecosystem that combines real estate with advanced automation.
The company has evolved into a revenue-generating high-growth business built on not only recent hotel acquisitions, but also an expanding Robotics-as-a-Service (“RaaS”) platform. NGTF has also integrated automation into the hotels it owns to not only reduce costs, boost efficiency, and improve guest experience, but also to optimize, validate, and scale the technology.
Speaking about the milestone, CEO of NGTF, Jimmy Chan, stated that “Reaching the $10 million annualized revenue mark represents a defining milestone and validates our integrated growth model,”.
He added that “Our hotel acquisitions and RaaS platform are working in tandem to deliver measurable results and create long-term shareholder value. We remain focused on executing our roadmap and scaling our presence in the rapidly evolving hospitality automation market.”
NGTF is also planning to uplist to a national exchange and is aligned to meet uplisting requirements thanks to the high-margin potential of the company’s AI robotics, along with recurring revenue from the hotels.
While the focus has been on the hospitality industry, NGTF also recently announced that the company is expanding the robotic live pilot programs beyond hospitality into a variety of other spaces. This includes casinos, stadiums, convention centers, shopping malls, schools, and assisted living facilities.
These pilot programs feature the company’s robots helping with various tasks like handling laundry, waste management, and cooking. This step is a major milestone for the company as it transitions from development to deployment.
Ried Floco, President of NGTF, said that “By validating performance across multiple real-world settings, we’re proving that our technology is adaptable, reliable, and ready for mass deployment.”
When speaking about the response to the pilots, Chan added that “The data has been overwhelmingly positive, showing measurable operational efficiencies and strong user acceptance. Each pilot provides valuable insights that we’re rapidly implementing as we scale production to meet growing demand.”
About Nightfood Holdings Inc. (OTCQB: NGTF)
Nightfood Holdings Inc. (OTCQB: NGTF), doing business as TechForce Robotics, is an emerging robotics company that is developing and deploying AI-powered automation across a variety of industries. It has the aim of delivering scalable robots that boost efficiency, improve safety, and streamline operations.
For more information, visit the company’s website at NightfoodHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at nnw.fm/NGTF
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