Just created my IBKR account, invested a little bit on some hyper-speculative items... we will see.

$IOT

$SYM

$NFLX (-4,35 %)

$IBKR (+2,49 %)

$POET (-3,06 %)

Due to my upcoming relocation from Austria to Bahrain in mid-June and given the complicated process of transferring an international portfolio, especially from within the EU, I have decided that the best option is to sell out of my current positions and purchase them again using my new account in Bahrain.

The reason why I am starting now and not waiting until next month, just before the move, is simple. Stocks have had a great run in the recent weeks, due to trade deals and tariff reductions. However, it must be noted that even though the $SPX is trading above “Liberation Day“ levels, significant tariffs are still in place. Even a 30% tariff on Chinese goods and a 10% baseline universal tariff on everything would be extremely detrimental to the United States and could potentially still lead to a recession or at the very least a slowdown in growth.

I am not saying that the stock market is going to crash in the coming weeks, but I am starting now to secure some profits, because frankly I don’t see much upside potential from here on in, even without considering Moody’s downgrade of the US‘ credit rating. It will be a smooth transition, and if we see opportunities next week, I am still going to buy. For now, though, I am trying to trim my portfolio down a little bit, so I have enough dry powder ready to be deploy after the move.

On 14/05/2025, I sold $NVDA (-0,68 %) , $AMD (-2,28 %) , $SYM , $MELI (+2,45 %) , $SMCI (-1,77 %) and $UBER (-0,33 %) . I want to emphasize once again that all of these, perhaps with the exception of $SMCI (-1,77 %) , are great companies and I will almost certainly buy them again, but I think now is a good time to reduce exposure and prepare for next month. I sold them with a combined profit of around €5,400, reflecting a solid 25% return on these stocks.

$SYM

- Revenue: $487M, +35% YoY

- Net loss: $19M, unchanged YoY

- Cash position strengthened: $903M, up $176M from prior quarter

CEO Rick Cohen: "In the first quarter, we continued to deliver high growth while enhancing our technology position. With our recent acquisition of Walmart's Advanced Systems and Robotics business now completed, we look forward to enhancing an already strong position to drive exceptional results for our stakeholders."

CFO Carol Hibbard: "First quarter revenue grew over 35% year-over-year driven by solid progress across our 44 systems in the process of deployment."

🌱Revenue & Growth

- Systems revenue: $464M vs $348M YoY

- Software maintenance: $5.5M vs $2.2M YoY

- Operation services: $17.1M vs $10.1M YoY

💰Profits & Financials

- Gross profit margin: 16.4% vs 17.8% YoY

- Adjusted EBITDA: $18M vs $8M YoY

- Operating loss: $24.6M vs $25.1M YoY

- Free cash flow: $197.7M vs -$33.1M YoY

📌Business Highlights

- 44 systems currently in deployment process

- Completed acquisition of Walmart's Advanced Systems and Robotics business

- Enhanced technology position in supply chain automation

🔮Future Outlook

- Q2 FY2025 revenue guidance: $510M-$530M

- Q2 FY2025 adjusted EBITDA guidance: $26M-$30M

- Expects at least 30% YoY revenue growth with expanding margins

Humanoids

$TSLA (+2,84 %)
Tesla

$XPEV (+0 %)
Xpeng

$1810 (+0,8 %)
Xiaomi

$HYUD
Hyundai

Logistics

$SERV
Serve Robotics

$AMZN (+0,54 %)
Amazon

$SYM
Symbotic

$AUTO (+3,13 %)
AutoStore

Robotics Software

$NVDA (-0,68 %)
NVIDIA

$PTC (+1,12 %)
PTC

Sensors

$OUST
Ouster

Healthcare Robotics

$ISRG (+0,07 %)
Intuitive Surgical

$SYK (-0,04 %)
Stryker

$MDT (+0,84 %)
Medtronic

$ARAY (-1,71 %)
Accuray

Industrial Robotics

$HON (-1,17 %)
Honeywell

$TER (+1,8 %)
Teradyne

$LECO (-1,04 %)
Lincoln Electric

Robotics Automation

$ROK (-0,37 %)
Rockwell Automation

$ABBN (-0,43 %)
ABB

$ZBRA (+0,4 %)
Zebra Technologies

$CGNX (+0,55 %)
Cognex

$PATH (+0,94 %)
UiPath

$PEGA (+2,28 %)
Pegasystems

Defense Robotics

$AVAV (-1,93 %)
AeroVironment

$KTOS (-0,22 %)
Kratos

$LMT (-1,33 %)
Lockheed Martin

$NOC (-1,15 %)
Northrop Grumman

$BA (-1,04 %)
Boeing

$GD (+0,45 %)
General Dynamics

Consumer & B2B Robotics

$IRBT (-3,24 %)
iRobot

$1810 (+0,8 %)
Xiaomi

$RR
RichTech Robotics

Specialized Robotics

$OII (-0,84 %)
Oceaneering

$FARO (-0,26 %)
FARO Technologies

$SYM
FILES TO DELAY 10-K DUE TO REVENUE RECOGNITION ERRORS

Symbotic has delayed its FY2024 10-K filing, citing the need to address errors in revenue recognition related to cost overruns on deployments that won’t be billable. These issues impact system revenue, gross margin, and net income across Q2-Q4 of FY2024, with previously reported results deemed unreliable.

Revised estimates for FY2024 include revenue growth of $605M-$615M (vs. $645M initially reported) and a narrowed net loss of $117M-$127M (reflecting a $30M-$40M adjustment). Symbotic expects to file the corrected 10-K within the 15-day extension period.

__

$SEDG (+4,78 %) TO CUT 500 JOBS, EXIT ENERGY STORAGE BUSINESS

SolarEdge is cutting 500 jobs, about 12% of its workforce, as it shuts down its energy storage division to focus on its core solar operations. Most layoffs will affect manufacturing roles in South Korea, with nearly all set to occur in the first half of 2025.

The pivot will result in $81M-$99M in charges from asset impairments, inventory write-offs, and severance. SolarEdge plans to partially offset these costs by selling off the energy storage unit's assets.

Symbotic Inc. Q4 FY24 #EarningsReport Summary | $SYM

In Q4 FY24, Symbotic demonstrated significant revenue growth, profitability recovery, and gross margin improvements, underscoring the effectiveness of its innovative strategies amidst a dynamic supply chain landscape.

📊 Income Statement Highlights (vs Q4 FY23):

▫️ Net Income: $28.07M (vs. $(45.42M))

▫️ Revenue: $576.77M (vs. $391.89M, +47.22%)

▫️ Adjusted EBITDA: $54.58M (vs. $13.32M, +309.83%)

▫️ Gross Profit: $108.62M (vs. $58.79M, +84.74%)

▫️ Gross Margin: 18.8% (vs. 15.0%)

📊 FY24 Annual Highlights (vs FY23):

▫️ Revenue: $1.82B (+55% YoY)

▫️ Net Loss: $(50.61M) (vs. $(92.97M))

▫️ Adjusted EBITDA: $95.75M (vs. $34.54M)

💼 Balance Sheet Highlights (vs FY23):

▫️ Cash & Equivalents: $727.31M (vs. $258.77M)

▫️ Total Assets: $1.61B (vs. $1.05B)

▫️ Total Liabilities: $1.19B (vs. $1.05B)

▫️ Total Equity: $424.19M (vs. $(2.72M))

🔮 Future Outlook:

Symbotic anticipates Q1 FY25 revenue of $495M-$515M with stable gross margins. It will continue investing in innovative solutions to address expanding opportunities while focusing on long-term growth for stakeholders.

I’m making small investments in the following this week. Some of these are risky considering the current market volatility, but hey, that’s also a good time to make more money.

$PLTR (-0,7 %)

$RDFN

$BRZE (+0,69 %)

$SYM

Are most folks being cautious and just observing or is anyone looking into adding new companies to their portfolio?

Symbiotic Earnings $SYM