0.02
+23.95%
Close of 9 Nov 2026, in USD
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About Novus Robotics
Its shares trade under the ticker NRBT. It has been listed since 28 July 2010. In the fiscal year to 31 December 2025, it reported revenue of $4.0m and net income of $585,365. At that date it held total assets of $3.3m and shareholders' equity of $1.9m.
Novus Robotics, Inc. engages in the engineering, design, and manufacture of automated tube processing solutions for the automotive industry. The company is headquartered in Mississauga, Ontario. The company went IPO on 2010-07-28. The firm is involved in the area of engineering, design and manufacture of robotics and automation technology solutions for tube bending machines. The company operates in the segment of engineering, design and the manufacturing of automated tube processing solutions for the automotive industry. The company is engaged in designing and installation of retrofits to existing automated systems, automated spare parts for its tube bending machines, automated maintenance and repairs. Its products include Seat Frame System, which consists of unbundler, weld seam station with Roland Seamfinder, computer numerical control (CNC) bending stations with barcode readers; transfers, reject station, vertical 4- post press module with tooling change options; material handling robots, exit racks and safety fences; instrument panel (IP) tube system; IP beam system, and integrated bend-weld system. The company produces a 420A system to produce seat frames.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 28 Jul 2010
- Employees
- 16
Leadership
Pay as last reported
- Mr. Berardino PaolucciPresident, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary, Director, since 2012$264,420
- Ms. H. Beth CareyIndependent Director
- Mr. Drasko KaranovicIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Novus Robotics Inc has several key strengths that contribute to its success in the market. Firstly, the company possesses advanced technological capabilities and expertise in the field of robotics. This enables them to develop innovative products and stay ahead of competitors. Secondly, Novus Robotics Inc has a strong financial position, allowing them to invest in research and development, as well as expanding their operations. Thirdly, the company has established strategic partnerships with leading industry players, enhancing their market position.
Weaknesses
- Despite its strengths, Novus Robotics Inc also faces several weaknesses that need to be addressed. One major concern is their limited global presence. The company primarily operates within a specific region, reducing their reach and potential market share. Additionally, Novus Robotics Inc relies heavily on a few key customers, making them vulnerable to fluctuations in demand or potential loss of those customers. Lastly, the company's manufacturing process has been criticized for being slower and less cost-efficient compared to some competitors.
Opportunities
- Novus Robotics Inc can explore various opportunities to further expand its business. The growing demand for automation and robotics across industries presents a significant opportunity. By capitalizing on this trend, the company can target new markets and diversify its customer base. Moreover, Novus Robotics Inc can invest in research and development to create new and improved products, potentially gaining a competitive edge. Additionally, partnerships or collaborations with other technology companies could help them access new markets and resources.
Threats
- In spite of its potential opportunities, Novus Robotics Inc needs to be aware of potential threats that may affect its growth. One significant threat is the intense competition within the robotics industry. Competitors with larger market presence and established brands may pose challenges to Novus Robotics Inc's market share. Moreover, rapidly evolving technology could render some of the company's products obsolete if they fail to keep up with industry advancements. Additionally, economic downturns and geopolitical uncertainties may impact customer spending, leading to reduced demand for robotics products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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