Lubys Inc (LUB)

A newly-listed XR and AI technology company built for profitable growthFebruary 5, 2026 6:59 AM
IH Market News
Consumers will play a leading role in tripling the value of the gaming industry from US$292.4 billion in 2025 to more than US$977.4 billion by 2035, but they are by no means the only driver behind expected exponential growth, given the enterprise space’s accelerating entry into the virtual world.



Billboard commemorating Virtuix’s Nasdaq listing. (Source: Virtuix)



We see this tailwind in action with virtual reality (VR), a market expected to 7x from US$60 billion in 2022 to US$435 billion by 2030, supported by investments from major players, including Meta, Apple and Google. Here’s a handful of examples of enterprise use cases, each of which offers multi-billion-dollar potential:




Education, bringing the classroom to students.



Virtual events and tradeshows, granting organizers theoretically infinite venue capacity.



Employee training across industries, ensuring hands-on learning, as opposed to the limitations of a conventional slideshow presentation.



Healthcare, including physical therapy.



Tourism, from museums to attractions to famous streets.



Design walkthroughs, from architecture to fashion to advertising.




Thanks to VR’s diversified use-cases, household names such as HTC, Samsung and Palantir are actively venturing beyond the consumer space and creating new demand. In so doing, they are incentivizing small-cap companies to think outside the box and bring technologies to market designed to advance VR utility, garner market share, reap the benefits of scale and create shareholder value through improvements on the income statement.



Introducing Virtuix



A newly-listed XR and AI market participant with a well-established business worth your fine-toothed comb is Virtuix (NASDAQ:VTIX), market capitalization US$166 million, a specialist in the hardware and software underlying movement within AI-generated virtual worlds, whether for consumer, enterprise or defense purposes.This article is disseminated in partnership with Virtuix Inc. It is intended to inform investors and should not be taken as a recommendation or financial advice.The company, founded in 2013 and based in Austin, Texas, is one of the top manufacturers of full-body VR systems, serving a global clientele spanning 45 countries and thousands of systems shipped to date.Virtuix’s technology platform, backed by 25 issued patents (with 5 more pending), raised more than US$50 million in private capital from the likes of Mark Cuban, Maveron and Scout Ventures, which it parlayed into exponential growth from a US$6 million private valuation in 2014 to a US$200 million valuation as of June 2025.To date, the company has amassed more than US$20 million in sales, supported by ~500,000 registered gaming accounts and ~3 million plays on its Omniverse gaming platform.Virtuix has positioned itself to further expand its value-accretive trajectory, supported by the disclosure of strong financial results in 2024 and 2025, which we’ll discuss later in this article.With momentum quickly accelerating, the company is keen to expand the reach of its dual-use strategy – targeting demand across the consumer, as well as the enterprise and defense sectors – by ramping up to full production capacity of 3,000 systems per month, representing approximately US$100 million in annual revenue, with eyes on growing cash flow, courting a broader investor base and leveraging existing global distribution across Asia, Europe and the Americas.Virtuix’s path to exponential scale, firmly grounded in reality, relies on technology that sets itself apart from competitors, earning the company a leadership position in the growing VR marketplace. Let’s delve into why.



Omni



Virtuix’s founder and chief executive officer (CEO), Jan Goetgeluk, who we’ll get to know in the leadership section, followed a dream to walk naturally in VR, doing away with the need to sit and push buttons on a gamepad or keyboard, leading him to develop the Omni omni-directional treadmill in 2012. He went on to launch the system on Kickstarter in June 2013, raising over US$1.1 million, completing one of the most successful campaigns of its time.



Kickstarter design for the Omni treadmill. (Source: Virtuix)



After Virtuix established the Omni’s wholistic value proposition in the consumer market, the company expanded its presence onto the commercial stage in 2016 with the Omni Pro, a now discontinued system that sold ~4,000 units to more than 500 entertainment venues across the world, earning more than US$6 million in revenue at a target gross margin of 50 per cent, eventually becoming the most widely distributed VR hardware outside of headsets of its time.



Omni Pro model. (Source: Virtuix)



The company followed up the Omni Pro’s market validation in 2019 with the Omni Arena – composed of four Omni Pro units – catering to burgeoning esports demand with a combination of competitive gameplay and a full-body experience that quickly gained traction at high-end entertainment centres.



Omni Arena in action at TokenMTG in Edgewater, Maryland. (Source: Virtuix)



Virtuix has installed 80 Omni Arena systems to date, earning more than US$12 million in revenue at a targeted 70 per cent gross margin, backed by a growing number of positive testimonials that reinforce the company’s long-term value creation story.



Omni One



The latest chapter in this story began in 2024 with the debut of the home-optimized Omni One, evolving the technology into a robust step forward for a VR market plagued by limited mobility. Let’s take a look at the system’s specs, which are unmatched anywhere else in the industry:




The Omni One can be set up or broken down in minutes with no tools, besting competing products, such as the Kat VR system out of China, which requires considerable technical expertise to put together.



At a price of just US$2,595 (US$90/month through Affirm) for the Omni One Core model, Virtuix offers enthusiasts a massively discounted entry point into the virtual world versus competitors, representing a more than 95 per cent discount to the US$60,000 Infinadeck, whose hardware and software limitations make for a poorer-fidelity experience compared to what the Omni is able to provide.




The Omni One also introduced and embodies the concept of a Peloton for gamers, allowing users to leverage a full range of motion, enabled by a harness-based treadmill and customized standalone Pico 4 Ultra headset, to burn up to a reported 700 calories per hour and lose up to 40 pounds in just 4 months. To this end, users benefit from a wide selection of more than 100 compatible SteamVR games and more than 60 games carried through Virtuix’s online store, featuring high-profile IP such as Dr. Who, Ghostbusters and Peaky Blinders. Priced between US$19.99-$39.99, each game affords Virtuix a minimum 30 per cent margin.



The Omni One. (Source: Virtuix)



With more than 1,800 Omni One systems shipped to date, representing more than US$4 million in revenue at a 40 per cent target gross margin, Virtuix is ready to scale its operations into further growth. To that end, the company has diversified its Omni One offering across key segments, represented by the Core and Enterprise models.The Omni One Core, priced at US$2,595, is a treadmill-only model designed for users with existing PC VR headsets and a SteamVR games library. The company’s PC app, Omni Connect, pairs the system with your PC via Bluetooth, transmitting your physical movements to the game, eschewing the need for a traditional controller.The Omni One Enterprise, priced at US$4,995, targeting a robust 70 per cent gross margin, is vying to radically increase Virtuix’s exposure beyond the consumer market by serving commercial demand from private businesses to public institutions.Within the Omni One Enterprise’s addressable market, Virtuix has developed an Educational variant of the product, including a one-year subscription to Omni Online, as well as a Defense variant featuring its AI-powered Virtual Terrain Walk (VTW) technology, introduced in 2025, which uses Gaussian Splatting to transform 360-degree camera footage into photorealistic, walkable 3D environments in a matter of hours for the purposes of mission planning and terrain reconnaissance.VTW can accommodate 12 or more users – 2-3x what room-scale VR systems can offer – garnering the technology an increasing amount of attention from military and law enforcement interested in training personnel in geographically specific environments. Test units are in use at the Yokota Air Force Base and US Air Force Academy, demonstrating initial traction and de-risking the company’s pursuit of all major US defense departments.The XR and AI technology company is also exploring new applications for Gaussian Splatting across the enterprise landscape, keen to set the stage for long-term, multi-pronged revenue growth.Virtuix is actively advancing its commercial relationship pipeline and rolling out a direct consumer marketing campaign, including social media and influencer-created content, poised to further capitalize on its new standard for how gamers, as well as professionals, move within virtual spaces.



Virtuix’s clear strides towards profitability



Virtuix backs up its ambitions with a multi-year track record of improving financial health, growing revenue by 49 per cent from US$2.41 million in fiscal 2024 ended March 31 to US$3.59 million in fiscal 2025, marked by considerable decreases in selling and research and development expenses.The company followed this up with 138 per cent growth from US$847,000 in revenue for the six months ended September 30, 2024, to US$2.01 million for the six months ended September 30, 2025, supported by:




Improving gross profits from a loss of US$336,000 to a gain of US$584,000 over the respective six-month periods.



Diminishing general and administrative expenses from US$6.93 million to US$2.36 million, reflecting efficiencies of scale.



Diminishing net income losses from US$10.05 million to US$4.16 million, setting a prospective tone for positive cash flow over the coming quarters.




These early signs of a path to profitability, following a decade of explosive growth as a private company, are stabilized by recurring revenue, a high-margin product portfolio, a diversified addressable market, as well as a loyal customer base.



A leadership team with a 360-degree perspective



Virtuix’s vast expansion potential, funded by a recent US$11 million investment from Chicago Venture Partners and a US$50 million equity line of credit facility, is further de-risked by a leadership team, highly aligned with shareholders at 42 per cent insider ownership, rigorously qualified to maintain alignment between top and bottom-line growth thanks to more than 100 years of gaming, defense and hardware industry experience at distinguished organizations, including Unity, Flex, Corsair Gaming and the US Army. Let’s meet them now.



Management




Founder, chairman and chief executive officer, Jan Goetgeluk, started Omni R&D in 2011 and founded Virtuix in 2013. He previously worked as an investment banking associate at J.P. Morgan from 2010 to 2013, and as a project engineer at Belgian logistics conglomerate Katoen Natie from 2006 to 2007.



Director, president and chief operating officer, David Allan, brings more than 30 years of Asian manufacturing experience. Allan scaled ERP Power, a California based manufacturer of power supplies and LED light systems, from US$0 to US$50 million in annual sales from 2008 to 2012, including the establishment of Chinese manufacturing. From 2006 to 2008, he served as regional manager of a US$350 million Asian manufacturing operation under Flex, a Fortune 500 brand, producing for top-tier customers such as Apple and Dell.



Chief financial officer, Thomas McGinnis, CPA, held the role of controller at Ammo from 2021 to 2025, where he oversaw financial reporting, supporting SEC disclose and the eventual sale of the business. McGinnis is also a former auditor with Durbin & Company specializing in financial statements.



Head of marketing, Lauren Premo, was senior director of brand marketing at Turtle Beach from 2022 to 2023, leading global strategy for the Roccat gaming products brand. Before that, she worked at Corsair Gaming from 2014 to 2022, eventually ascending to director of marketing, scaling her team from 2 to 30 members, growing the company’s marketing budget from US$500,000 to US$20 million annually and developing strategic partnerships with leading technology and gaming companies.




Board




Director, John Cunningham, founded and took on the role of CEO at Spatial Energy in 2023, where he provides technology consulting and services to help defense and manufacturing clients step into the digital age. This work includes the establishment of US operations for Virtualware, advising US defense integrators on development and go-to-market strategies, as well as spearheading the expansion of a medical AI company into the US defense healthcare space. From 2020 to 2023, Cunningham was head of government and aerospace at Unity Technologies. From 2017 to 2020, he served as chief revenue officer of The DiSTI Corporation, co-leading the company’s successful pivot from government-focused software licensing to a commercial SaaS model.



Director, Ugo de Charette, was the general manager at Tous Contes Fees from 2005 to 2024, where he managed a catalogue of musical rights. He brings substantial experience managing media, technology and real estate investments to the table.



Director, Parthkumar Jani, is the founder and CEO of JC Team Capital, a venture fund with a portfolio spanning entertainment, hospitality and real estate, making him a valuable resource for strategic growth insights across industries.



Finally, director and chairman of the audit committee, Randolph Read, CPA, has been president and CEO of Nevada Strategic Credit Investments and International Capital Markets Group for more than five years. Since 2018, he has been an independent manager/director and chairman of New York REIT Liquidating, a successor to the publicly listed New York REIT (NYSE:NYRT), where he served as independent director from 2014 to 2018, including as chairman from 2015 to 2018. Read has held the roles of independent director at SandRidge Energy (NYSE:SD) since 2018, and independent chairman of Enzon Pharmaceuticals (OTCQX:ENZN) since 2020. He was independent director of Luby’s (NYSE:LUB) from 2019 to 2021.




From gaming to finance to branding to manufacturing, Virtuix’s executive team is built to expand private market success into the public realm, leveraging global experience and the Nasdaq’s unrivaled cache to optimize the reach of the company’s differentiated, market-proven technology.



An ideal setup for multiple expansion



That said, the broader market has yet to key into Virtuix’s complete-package investment thesis, marked by high-conviction leadership, technology and industry tailwinds, simply because the stock has only been trading since January 27.As positive news continues to flow, dissipating selling pressure from initial investors, look for Virtuix to better reflect the robust value proposition we’ve delineated in this article. Here’s a recap:




Production capacity capable of quintupling total historical revenue in a single year, from US$20 million to US$100 million.



An existing global distributor base to jumpstart international expansion.



An improving financial track record that de-risks the company’s ability to guide growth on a path to profitability.




In this way, Virtuix finds itself in full-growth mode, without losing sight of cash flow, putting it in an ideal position to advance software and hardware innovations, translate them into progress on the income statement and continue to prove to investors that its imaginary worlds are capable of delivering real shareholder value.

Original: A newly-listed XR and AI technology company built for profitable growth

$LUB: Nice sale of $88Milly........ stock popping to 4.70



HOw about that ????



Lubys Completes Sale of 26 Real Estate Properties for $88 million
8:00 AM ET 10/1/21 | Dow Jones

Updates Estimated Net Assets in Liquidation for Closed Transactions


HOUSTON, Oct. 1, 2021 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's"), which is in the process of monetizing its assets for the benefit of its shareholders, announced today that it has completed its previously announced sale of 26 real estate properties to STORE Capital for $88,000,000.

Luby's utilized a portion of the proceeds from this sale and previous sales to repay its senior lender, MSD PCOF Partners VI, LLC, in full.

Updated Estimate of Net Assets in Liquidation under the Liquidation Basis of Accounting

As a result of Luby's shareholder approval of its plan of liquidation on November 17, 2020, effective November 19, 2020, in accordance with Generally Accepted Accounting Principles ("GAAP"), the Company began reporting its financial results on the liquidation basis of accounting. The liquidation basis of accounting requires, among other things, that management estimate asset sales net proceeds on an undiscounted basis, as well as includes in the Company's assets and liabilities the undiscounted estimate of future revenues and expenses through the end of the liquidation.

On July 19, 2021, Luby's reported an estimate of future liquidating distributions of approximately $4.13 per common share as of June 2, 2021 (unaudited), based on the number of common shares outstanding on that date. Since June 2, 2021, Luby's has closed on the sale of 34 real estate assets, including those in the STORE transaction, closed on the sale of the Fuddruckers franchise business unit, closed on the sale of the Luby's Cafeterias brand name and multiple operating locations, received full forgiveness on its PPP loan, and has settled other of its obligations. Luby's estimates that the cumulative impact of these transactions, net of other fourth quarter ordinary course activities and changes in estimates related to the liquidation basis of accounting, results in an increase in estimated future liquidating distributions of approximately $0.76 per common share (unaudited) over the last reported estimate, for a total estimate of future liquidating distributions of approximately $4.89 per common share when added to the last reported estimate. This estimate of future liquidating distributions includes projections of asset sales net proceeds and net operating revenues to be received and costs and expenses to be incurred, including costs to dispose of the Company's assets to complete the plan of liquidation which is currently projected to be completed by June 30, 2022. There is inherent uncertainty with these projections, and accordingly, these projections could change materially based on a number of factors both within and outside of Luby's control. There can be no assurance that these estimated liquidating distributions per common share will be realized. Such amounts should not be taken as an indication of the timing or the amount of future distributions or our actual dissolution. As of today's date, Luby's has seven additional real estate properties that are under contract but have refundable deposits, and accordingly we do not recognize any potential increase in liquidation value from these asset sale transactions in our estimate of future liquidating value. The current estimate of net assets in liquidation has been estimated based on undiscounted cash flow projections and assumes a final liquidation on June 30, 2022 even though the actual timing of the sale of the Company's remaining operating businesses and 28 remaining real estate holdings, including the properties currently under contract that have not yet closed, cannot be determined with any specificity at this time. As such, the final liquidation of the Company is subject to future events and uncertainties. Liabilities are carried at their contractual amounts due and are not adjusted until settled. It is not possible to predict with certainty the timing or aggregate amount which may ultimately be distributed to our shareholders and no assurance can be given that the distributions will equal or exceed the estimate presented in this release.

About Luby's

Luby's, Inc. (NYSE: LUB) previously announced its plan of liquidation and dissolution, which was approved by its shareholders on November 17, 2020. Luby's has sold both its restaurant brands, Luby's Cafeterias and Fuddruckers. Luby's is actively seeking buyers for its Luby's Culinary Contract Services business segment, and its packaged foods business segment. Luby's is in the process of actively seeking buyers for its remaining real estate assets.

Forward Looking Statements

This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical fact, are "forward-looking statements" for purposes of these provisions, including the statements regarding sales of assets, effects of the Company's Liquidation and Dissolution Plan (the "Plan"), expected value or proceeds attributable to the sale of assets, and expected proceeds to be distributed to stockholders or the timing thereof. Luby's cautions readers that various factors could cause its actual financial and operational results to differ materially from those indicated by forward-looking statements made from time-to-time in news releases, reports, proxy statements, registration statements, and other written communications, as well as oral statements made from time to time by representatives of Luby's. The following factors, as well as any other cautionary language included in this press release, provide examples of risks, uncertainties and events that may cause Luby's actual results to differ materially from the expectations Luby's describes in such forward-looking statements: general business and economic conditions; the effects of the COVID-19 pandemic; the impact of competition; fluctuations in the costs of commodities, including beef, poultry, seafood, dairy, cheese and produce; increases in utility costs, including the costs of natural gas and other energy supplies; changes in the availability and cost of labor; the seasonality of Luby's business; changes in governmental regulations, including changes in minimum wages; the effects of inflation; the availability of credit; unfavorable publicity relating to operations, including publicity concerning food quality, illness or other health concerns or labor relations; the continued service of key management personnel; and other risks and uncertainties disclosed in Luby's annual reports on Form 10-K and quarterly reports on Form 10-Q, including information regarding the risks, uncertainties and other factors relating to the Plan, the expected net proceeds from the sale of assets, and expected proceeds to be distributed to stockholders.

For additional information contact:

John Garilli, Interim CEO

(617) 570-4600

LInvestors@lubys.com

View original content:https://www.prnewswire.com/news-releases/lubys-completes-sale-of-26-real-estate-properties-for-88-million-301389474.html

SOURCE Luby's, Inc.


> Dow Jones Newswires

October 01, 2021 08:00 ET (12:00 GMT)

Loaded with shorts. Could get interesting tomorrow. 68% of todays trading volume was to the short side. Buying this AH. Good Luck

https://www.thestreet.com/investing/lubys-lub-stock-liquidation-fuddruckers?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

* * $LUB Video Chart 09-08-2020 * *

Link to Video - click here to watch the technical chart video

hehe congrats $$$

Yard sale > one trader's trash is another trader's golden nugget.

Breaking News: $LUB Luby's, Inc. Board Of Directors Adopts Plan Of Liquidation And Dissolution

HOUSTON , Sept. 8, 2020 /PRNewswire/ -- Luby's, Inc. ("Luby's") (NYSE: LUB), today announced that the Company's Board of Directors (the "Board"), after considering a number of strategic alternatives, has approved and adopted a plan of liquidation and dissolution (the "Plan of Li...

In case you are interested LUB - Luby's, Inc. Board Of Directors Adopts Plan Of Liquidation And Dissolution

going out of business sale & +100% not bad

1.93 now. Nice grab

Liking this pullback to $1.70 from $2.09

theyre liquidating. shareholders are going to get at least 2.00/share on the low end.

Bye Bye Fuddruckers

Smart money is ow shortig

https://ih.advfn.com/stock-market/NYSE/lubys-LUB/stock-news/82595538/lubys-reports-second-quarter-fiscal-2020-results

The food at Luby's has improved somewhat over the last few years, although the fried fish is still reheated and the fried chicken is still overcooked.

The food quality issue, which has been more or less there for at least the last 20 years is due in large part to very poor management by the Pappas Restaurant group, which owns a large part of Luby's. Luby's prospered for many years because Bob Luby was an entrepreneur, not a bean counter. Cost control in any business is important, but cannot be the driving force behind a business. Only entrepreneurial thinking will increase revenues, which is ultimately what is needed for any business to prosper. Pappas Restaurant Group lacks entrepreneurial thinking, and they lack it in spades. Their solution to increase revenues was to buy Fuddruckers (dud #1) and then Cheeseburger in Paradise (dud #2) and load the company up with debt.

Given the decreasing revenues of the company I have questioned for several years whether the debt load was really serviceable in the long run or if Luby's was dying a slow death. It may not be a question much longer. With the COVID-19 problem Luby's has closed over half of the stores and the ones that are still open are probably not breaking even. While they have delivery and drive through to help during the crisis, I actually go in and order at the serving line when I get food to go, and I eat there 2-3 times a week right now. There is seldom anyone else in there when I go through the line. Luby's looks to me like a probable victim of the COVID-19 crisis unless they can reopen in the normal fashion pretty soon. It would also help mightily if it were possible to kick out the Pappas people. As I write this the news is the J.C. Penney is contemplating bankruptcy (no surprise there). Is Luby's soon to follow?

WTRH delivering for $$LUB$$ LUBYS $$$ $2 Target price today

WOOHOOOO LUB$$$$ WOW $5 TARGET PRICE

LUB buy 1.5800



normal chart







log chart

News: $LUB Glass Lewis Recommends Luby's Shareholders Reject Almost All of Bandera's Nominees

Advisory Firm Highlights that Luby’s Nominees are Well-Qualified and Possess Significant Restaurant and Public Company Board Experience Report Cites Concerns with Bandera’s Slate and Notes the “Disparity in Qualifications and Experience” Between Dissident...

In case you are interested https://marketwirenews.com/news-releases/glass-lewis-recommends-luby-s-shareholders-reject-almost-all-of-bandera-s-nominees-6924928.html

What an amazing price move-shows you how the stock game is INSANE!!!!


BOL!

LUB sticking to ya without LUBE.

Corporate governance on this puppy is very weak at best. Not shareholder friendly. Treats them more like foes, than friends-sad

This year's annual shareholder meeting is set for Feb 3rd.The question is, will anyone shake up the room & demand answers. Probably not.

Don't think I have been to one. Chart is interesting.

has the food got any better as of late?

Luby's Reports Third Quarter Fiscal 2012 Results
Sacramento Bee - Jun 14, 2012
PRNewswire/ -- Luby's, Inc. (NYSE: LUB) (%22Luby's%22) today announced its unaudited financial results for the third quarter fiscal 2012, a twelve-week period ...

http://www.sacbee.com/2012/06/13/4559900/lubys-reports-third-quarter-fiscal.html

~ Wednesday! $LUB ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $LUB ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








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http://stockcharts.com/h-sc/ui?s=LUB&p=W&b=3&g=0&id=p54550695994



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<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=LUB >>>>>>



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*If the earnings date is in error please ignore error. I do my best.

Luby’s, Inc. (Luby’s) is a multi-branded company operating in the restaurant industry and the contract food services industry. The Company's primary brands include Luby’s Cafeteria, Luby’s Culinary Contract Services, and Fuddruckers. As of November 9, 2011, it operated 155 restaurants located throughout the United States, with 114 in Texas and the remainder in other states. In addition, the Company received royalties from 122 franchise, as of August 31, 2011, located primarily throughout the United States. The Company operates in three segments: Company-owned restaurants, franchise operations and Culinary Contract Services (CCS). On July 9, 2010, Luby’s Restaurants Limited Partnership was converted into Luby’s Fuddruckers Restaurants, LLC (LFR). The Company completed the acquisition of substantially all of the assets of Fuddruckers, Inc., Magic Brands, LLC and certain of their affiliates (collectively, Fuddruckers).

http://www.google.com/finance?q=LUB