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LionsBot targets EBITDA profitability in the second half of 2027, Tech in Asia reports

Tech in Asia reports that the cleaning robot startup expects 2026 revenue to grow to US$38.9 million. Its CEO says a shortage of cleaners is driving demand.

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1 Source, 20d ago, first seen 20d ago

TLDR

Singapore’s cleaning robot startup LionsBot is targeting positive earnings before interest, taxes, depreciation and amortization (EBITDA) in the second half of 2027, Tech in Asia reports. According to the report, the company expects revenue to grow to US$38.9 million in 2026, and its CEO attributes demand to a shortage of cleaners.

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1 Source

@techinasiaSingapore’s cleaning robot startup LionsBot is targeting EBITDA profitability in H2 2027. Its CEO says demand is being driven by a simple problem: there aren’t enough cleaners. More: https://buff.ly/thrjwAp20d
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    1 Source

    @techinasiaSingapore’s cleaning robot startup LionsBot is targeting EBITDA profitability in H2 2027. Its CEO says demand is being driven by a simple problem: there aren’t enough cleaners. More: https://buff.ly/thrjwAp20d
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