1Mon·

New key figures for Circus SE

$CA1 (-1.43%)

Wanted to briefly share with you my findings from yesterday's investor presentation.

WELL over 500+ firm orders (8600 expressions of interest),

double digit production currently (4 currently in use),

delivery to 40 customers,

50 deliveries per quarter,

2026 deliberately only 200 for the first time

The 500 orders alone will generate sales of 60 million a year through software alone. And a good 100 million in hardware sales.

Production facility in Europe planned for the military

USA production from the middle of the year

Main focus entirely on military this year

The CAM is compatible with drones and co to have autonomous supply lines

new partnerships "leaked":

e.g. Lithuanian army

In short: ***** 💩this is going to be tough

and good hunger in the course of the year to our broom eater 👀

New interview with BULLISHwinkel:

https://youtu.be/0-DKpPDaVEY?si=jb3Bar_ssLS6khcH

14 Comments

TomTurboInvest@TomTurboInvest

1Mon

I wish you every success with your investment, I hope the vision and courage of the early entry will be rewarded at some point 💪🚀

Unfortunately, just like the market, I don't have a vision of how to make this suitable for the masses. I still see more potential in the automation of individual stations in the kitchen than a complete cell.
Just think of our canteen, which serves around 1200 meals over lunchtime, 90% of them between 11:45 and 12:15. Freshly cooked food is refilled every minute and the meals are served in a few seconds per portion.
I can't imagine the masses having to choose their own food on the display and then wait 3 minutes. So much space for countless cells 🥶🤷🏽‍♂️

Some of the CEO's statements are just marketing for his product. For example, when he believes that McDonald can only do burgers but knows nothing about eating habits, unlike CA1 🙈🤣
And the prediction from the canteen manager... he knows exactly what food the crowd wants and in what quantities, and we have plenty of choice. But I probably just don't have the vision.

•

Daxhund@Daxhund

1Mon

@TomTurboInvest thank you 🤝

The CA-M is also intended for such applications.

May I ask where you work? Sounds like exciting key figures.

•

TomTurboInvest@TomTurboInvest

1Mon

@Daxhund I don't want to name the company here, but there are around 2500 employees at our site plus some smaller companies in the vicinity that also use our canteen.

•

Daxhund@Daxhund

1Mon

@TomTurboInvest ok nevertheless:

The CA: M has 40 dispensing compartments, 10 cooking stations simultaneously. Costs are almost identical to the CA-1

For such cases, the Ca-M would be appropriate.

We'll see where the journey takes us.

•

TomTurboInvest@TomTurboInvest

1Mon

@Daxhund I'll keep watching CA1 and maybe get annoyed in a few years, or I'll change my view of the situation and get in at some point 😅

•

Steppenwolf66@Steppenwolf66

1Mon

@Daxhund Thanks for the info, nothing ventured, nothing gained, so I bought 55. Others also thought Nividia or Bitcoin was a good idea and are now rich. I like to cook 😄

•

doyoueventradebro@doyoueventradebro

1Mon

125 pieces bought as a gamble. lets go 🚀🚀🚀🚀

•

Charmin@Charmin

1Wk

Ever since I first read about this place on getquin, it's been dropping like a stone. I only had a quick look back then and thought I was at the world championship in bullshit bingo.

People: The thing is a glorified Thermomix (and just as expensive in comparison), it has absolutely nothing to do with AI, if anything then with robotics, and the business model and the figures seem far, far, far too optimistic to me. On top of that, the company's PR is completely out of touch, with lots of blah-blah but extremely few tangible company figures.

I also doubt the 500 orders. You'd have to take a close look at whether/how many are just a letter of intent.

I wouldn't even touch it with a pair of pliers.

•

Cuba@Cuba777

1Wk

@Charmin thanks for bringing some wisdom here. I completely agree with your take.

To be honest, a lot of this feels like PR theater and LinkedIn optics more than a genuine breakthrough. It’s the usual circle where executives post, congratulate each other, and amplify the narrative.

They do have AITME robots live on site, but AITME was already building those long before “AI” became the buzzword it is today. What’s there now is essentially a robotic arm designed to perform highly repetitive, predefined tasks. It’s efficient, yes, but it’s not autonomous decision-making, and it’s not some step change in intelligence. It’s automation dressed up in today’s AI narrative. + they paid small firms to give them insane ratings which is ridicoulous.

••

WatFuernName@WatFuernName

1Mon

Sounds all well and good so far, but I'm a little skeptical about the software sales, which would be €120 thousand per machine per year. I don't really see the cost savings for employees yet. In the long term, I see significantly lower margins here, especially when more competition enters the market

••

Daxhund@Daxhund

1Mon

@WatFuernName How is competition supposed to penetrate this market if the AAA customers are already with Circus?

You have cost savings here every time! A field kitchen, for example, costs 8-10 people. Find 10 people who can do the same for such prices.

••

doyoueventradebro@doyoueventradebro

1Mon

@WatFuernName 120T are with overhead 1 or max. 2 employees

••

WatFuernName@WatFuernName

1Mon

Of course, it would be important to know how many of the 500 are field kitchens and how much you pay for the machines in production, often the production costs are higher than the sales costs because you earn with the software

••

Daxhund@Daxhund

1Mon

@WatFuernName Everything is well thought out, a good single-digit margin is also earned with the hardware

••