NightFood Holdings, Inc.
NightFood Holdings, Inc. is a U.S.-based food service and hospitality technology company organized around AI-powered service robotics and hospitality-related asset ownership. Through its subsidiaries, it also operates a wholesale foodservice packaging business serving restaurants, cafés, and other foodservice establishments across the United States.
Fiscal year 2026 · change from previous year
Development 2021–2026
Business
Share of revenueWholesale distribution of disposable packaging and consumables for foodservice businesses.
Service robotics solutions deployed for hospitality and related service environments.
AI-enabled systems and technology services designed for hospitality operations.
Ownership and operation of hospitality-related real estate assets.
Products
Reported · share of revenue- Hotels79.4 %
- Foodservice Packaging19.8 %
- Raa S0.8 %
Source: 10-K FY2026, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.
Customers
The company sells primarily to small and mid-sized businesses in the hospitality and food service industries, especially buyers that need recurring packaging supplies or automation solutions. Its packaging business serves restaurants, cafés, and other foodservice establishments through an e-commerce and wholesale model, while its robotics offerings are aimed at hospitality operators seeking labor-saving service automation.
Buy cups, containers, bags, and other packaging for daily foodservice operations.
Use packaging and service robotics to improve service efficiency and consistency.
May source packaging products for onward distribution or fulfillment.
Potential users, tenants, or transaction partners for hospitality-related assets.
Strategy
The company is building a multi-part platform that combines foodservice distribution, service robotics, and hospitality-related assets under one corporate structure. Its strategy appears centered on using packaging distribution as an operating base while developing robotics and asset ownership capabilities that can be applied within hospitality environments.
Provides a commercial base with recurring B2B demand and operating infrastructure.
Robotics can differentiate the company and create higher-value recurring service relationships.
Real estate ownership can broaden the business model beyond distribution and robotics.
Geography
The company’s packaging distribution business serves customers across the United States, and its reported operations are centered in the U.S. market. Its robotics and hospitality activities are also organized around U.S.-based operations, with sourcing that can include both domestic and international manufacturers.
Risks
The business depends on successful integration of acquisitions, new operating segments, and public-company infrastructure, which can strain execution and internal controls. It also faces typical risks for a small-cap industrial and hospitality technology company, including customer concentration, supplier dependence, product adoption risk in robotics, and valuation sensitivity in acquired assets and goodwill.
Acquisitions create goodwill that must be tested against reporting-unit value and can be written down if expectations weaken.
Exposure: Acquired businesses and reporting units
The company is combining multiple business lines, which increases operational and reporting complexity.
RaaS depends on customers accepting robotics in hospitality workflows and proving economic value.
Exposure: Robotics-as-a-Service
Packaging products rely on domestic and international manufacturers, creating supply and quality risk.
Exposure: Foodservice packaging segment
The packaging business serves small and mid-sized operators whose spending can be volatile.
Exposure: Foodservice and hospitality customers
Accounting
Judgemental itemsThe company recorded a goodwill impairment charge in fiscal 2025, showing sensitivity to valuation assumptions.
Impact: Non-cash charges can materially reduce reported earnings and equity
Acquisitions require fair value allocation to assets, liabilities, and goodwill.
Impact: Purchase accounting affects future amortization and impairment risk
Earn-out or similar obligations may be remeasured at fair value through earnings.
Impact: Can add volatility to reported results
The company consolidates subsidiaries and evaluates variable interest entities under ASC 810.
Impact: Determines which entities and liabilities appear in the financial statements
Financing instruments and preferred stock issuances affect dilution and balance sheet presentation.
Impact: Can change share count, leverage, and equity classification
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Last updated: 24/09/2026