The robot vacuum company placed the blame for its financial declines squarely on supply chain constraints. Colin Angle, chairman and chief executive officer of iRobot, said in a press release: During that year, iRobot took in total revenues of $1.01 billion, up sharply from the $760.2 million posted for 2020. This kept the company’s FY 2022 in the black, but still only produced a modest net income of $30.4 million, or $1.08 per share, far short of the year-ago quarter’s $147 million, or $147 million, or $5.14 per share. Also: iRobot launches Roomba j7+, Genius 3.0 platform: It takes a lot of AI to avoid poop Looking forward to 2022, Angle predicted continued supply chain difficulties in the first half, while professing more optimism for H2. iRobot ended the year with 14 million customers connected to its platform via its various devices. That represented an increase of 44% from the end of 2020, and a 12% gain for the final quarter alone. The company also noted that it sold its 40 millionth robot during the final quarter of 2021.
