ScanTech AI Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	0.54	-	-
Cost of Revenue	0.45	-	-
Gross Profit	0.09	-	-
Selling, General & Admin	5.58	6.28	-
Research & Development	3.4	3.24	-
Operating Expenses	9.01	9.56	-
Operating Income	-8.92	-9.56	-
Interest Expense	-12.36	-10.25	-
Other Non Operating Income (Expenses)	-1.78	-15.72	-
Pretax Income	-23.07	-35.53	-
Net Income	-23.07	-35.53	-
Preferred Dividends & Other Adjustments	2.26	2.08	-
Net Income to Common	-25.33	-37.62	-
Shares Outstanding (Basic)	312	189	67
Shares Outstanding (Diluted)	312	189	67
Shares Change (YoY)	65.62%	180.90%	-
EPS (Basic)	-0.08	-0.20	-
EPS (Diluted)	-0.08	-0.20	-
Free Cash Flow	-6.62	-5.44	-3.73
Free Cash Flow Per Share	-0.02	-0.03	-0.06
Gross Margin	17.35%	-	-
Operating Margin	-1644.83%	-	-
Profit Margin	-4671.28%	-	-
Free Cash Flow Margin	-1221.75%	-	-
EBITDA	-8.89	-9.52	-
D&A For EBITDA	0.03	0.04	0.05
EBIT	-8.92	-9.56	-

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.