Richtech Robotics is a developer of advanced robotic technologies focused on transforming labour-intensive services in hospitality and other sectors experiencing unprecedented labour shortages. Co. is engaged in the design, manufacture and sell robots to restaurants, hotels, senior living centres, casinos, factories, movie theatres and other businesses. Co.'s robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. Co.'s products are categorized into three kinds of service automation: indoor transport and delivery, sanitation, and food and beverage automation. The RR average annual return since 2023 is shown above.
The Average Annual Return on the RR average annual return since 2023 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RR average annual return since 2023 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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