Core Viewpoint - Robot Consulting Co., Ltd. has successfully closed its initial public offering, raising a total of US$15 million, with plans to utilize the proceeds for talent recruitment, R&D, equipment investment, and general corporate purposes [1][2]. Group 1: Offering Details - The company offered 3,750,000 American Depositary Shares (ADSs) at a price of US$4 per ADS, with each ADS representing one ordinary share [1]. - The offering commenced trading on the Nasdaq Capital Market under the ticker symbol "LAWR" on July 17, 2025 [1]. - The underwriters have a 45-day option to purchase an additional 562,500 ADSs at the public offering price [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to: - Recruiting talent and increasing the workforce [2]. - Investing in research and development for new and existing products [2]. - Expanding equipment and facilities, including office space [2]. - General working capital and corporate purposes [2]. Group 3: Company Overview - Robot Consulting Co., Ltd. focuses on human resource solutions and aims to expand into legal technology and the metaverse [6]. - The company's flagship product, "Labor Robot," is a cloud-based human resource management system that assists with employee attendance tracking, sales order management, and accounting [6]. - The company is developing "Robot Lawyer," an AI-powered tool for legal inquiries related to the metaverse, which includes features like legal precedent searches and lawyer matching services [6].

Core Viewpoint - Robot Consulting Co., Ltd. has successfully closed its initial public offering, raising a total of US$15 million, with plans to utilize the proceeds for talent recruitment, R&D, and expansion into legal technology and the metaverse [1][2]. Group 1: Offering Details - The company offered 3,750,000 American Depositary Shares (ADSs) at a price of US$4 per ADS, with trading commencing on July 17, 2025, under the ticker symbol "LAWR" [1]. - The underwriters have a 45-day option to purchase an additional 562,500 ADSs at the public offering price [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to: 1. Recruiting talent and increasing the workforce 2. Investing in research and development for new and existing products 3. Expanding equipment and facilities, including office space 4. General working capital and corporate purposes [2]. Group 3: Company Overview - Robot Consulting Co., Ltd. focuses on human resource solutions and aims to expand into legal technology and the metaverse [6]. - The company's flagship product, "Labor Robot," is a cloud-based human resource management system that assists with employee attendance tracking, sales order management, and accounting [6]. - The company is developing "Robot Lawyer," an AI-powered tool for legal inquiries related to the metaverse, which will include features like legal precedent searches and lawyer matching services [6].

Core Viewpoint - Robot Consulting Co., Ltd. is set to go public with an initial public offering (IPO) of 3,750,000 American Depositary Shares (ADSs) priced at US$4 per ADS, aiming to raise US$15 million in gross proceeds [1][2]. Group 1: Offering Details - The IPO will be listed on the Nasdaq Capital Market under the ticker symbol "LAWR" and is expected to commence trading on July 17, 2025 [1]. - The underwriters have a 45-day option to purchase an additional 562,500 ADSs at the public offering price [1]. - The Offering is expected to close on or about July 18, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated to recruiting talent and increasing the workforce [2]. - Funds will also be invested in research and development for new and existing products [2]. - Additional investments will be made in equipment and facilities, including office expansion, as well as for working capital and general corporate purposes [2]. Group 3: Company Overview - Robot Consulting Co., Ltd. focuses on human resource solutions and plans to expand into legal technology and the metaverse [6]. - The company's flagship product, "Labor Robot," is a cloud-based human resource management system that assists with employee attendance tracking, sales order management, and accounting [6]. - The company is developing "Robot Lawyer," an AI-powered tool for legal inquiries related to the metaverse, which will include features like legal precedent searches and lawyer matching services [6].

Financial Data and Key Metrics Changes - In Q1 2025, total revenue was $36,700,000, up 3% year over year, while software revenue was $30,900,000, also up 3% year over year [22][25] - Adjusted EBITDA for Q1 was negative $5,100,000, representing an adjusted EBITDA margin of negative 14%, an improvement from negative 15% in Q1 of the prior year [25] - The company ended Q1 with $118,800,000 in cash and short-term investments and no debt [25] Business Line Data and Key Metrics Changes - Services revenue, which includes DISCO managed review and professional services, was $5,800,000, up 2% year over year [22] - The number of customers contributing more than $100,000 in total revenue over the last twelve months increased by 8% year over year, representing 76% of total revenue [7][22] Market Data and Key Metrics Changes - The company noted growth in revenue from large multi-terabyte matters, indicating a positive trend for future revenue [8][9] - The Cecilia Generative AI suite saw significant growth, with the number of Cecilia Q and A customers increasing five times from Q1 2024 [13][14] Company Strategy and Development Direction - The company launched a new customer value proposition, "With You In Every Case," aimed at enhancing customer engagement and showcasing the integration of software and services [10][11] - Strategic initiatives include enhancing talent, targeting accounts, and aligning incentives to drive revenue growth from larger customers and matters [13][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's ability to weather potential economic downturns, citing historical trends where litigation increases during such times [20][21] - The company is focused on executing its strategy and believes it is well-positioned for future growth, with an outlook for total revenue in FY 2025 to be between $146,000,000 and $158,000,000 [26][58] Other Important Information - The company reported a gross margin of 75% in Q1, with fluctuations based on customer usage [23] - Operating cash flow in Q1 was negative $10,500,000, compared to negative $7,300,000 in Q1 of the prior year [25] Q&A Session Summary Question: Plans for the next 12-18 months to drive faster growth - Management highlighted the focus on executing the strategy, enhancing operational effectiveness, and aligning resources to target high-value accounts [28][30] Question: Clarification on the new tagline "With You In Every Case" - The tagline emphasizes the integration of services and software, showcasing the company's ability to support customers in both self-service and complex matters [36][40] Question: Expense levers to reduce operating losses during an economic downturn - Management indicated that while there may be headwinds, historical trends suggest litigation could increase, providing opportunities for growth [46][47] Question: How new customers generally come to DISCO - New customer acquisition involves a mix of account-based marketing, events, and thought leadership, with a strong focus on expanding relationships with existing customers [50][53]