Spectral AI Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	29.96	29.58	18.06	25.37	15.24	17.3
Revenue Growth (YoY)	55.21%	63.83%	-28.82%	66.47%	-11.92%	-
Cost of Revenue	16.47	16.31	10.18	14.53	8.19	9.31
Gross Profit	13.5	13.27	7.88	10.84	7.05	7.99
Selling, General & Admin	18.83	19.86	20.86	13.48	11.23	6.54
Operating Expenses	18.83	19.86	20.86	13.48	11.23	6.54
Operating Income	-5.34	-6.58	-12.98	-2.65	-4.18	1.45
Interest Expense	-2.99	-2.97	-	-	-0.02	-0.04
Interest & Investment Income	-	0.01	0.17	0.02	-	-
Currency Exchange Gain (Loss)	-0.04	-0.04	-0.02	-0.24	-0.19	-
Other Non Operating Income (Expenses)	-0.54	-5.47	-8.01	0.06	0.3	0
Pretax Income	-8.89	-15.04	-20.84	-2.81	-4.09	1.41
Income Tax Expense	0.32	0.27	0.01	0.11	-0.1	0.17
Net Income	-9.21	-15.32	-20.85	-2.91	-3.99	1.23
Preferred Dividends & Other Adjustments	-	-	-	-	1.26	-
Net Income to Common	-9.21	-15.32	-20.85	-2.91	-5.25	1.23
Shares Outstanding (Basic)	26	18	14	13	100	58
Shares Outstanding (Diluted)	26	18	14	13	100	133
Shares Change (YoY)	71.39%	27.30%	7.24%	-86.90%	-24.51%	-
EPS (Basic)	-0.36	-0.85	-1.48	-0.22	-0.05	0.02
EPS (Diluted)	-0.36	-0.85	-1.48	-0.22	-0.05	0.00
Free Cash Flow	-	-9.2	-13.24	-1.16	-2.93	3.82
Free Cash Flow Per Share	-	-0.51	-0.94	-0.09	-0.03	0.03
Gross Margin	45.05%	44.87%	43.64%	42.72%	46.28%	46.16%
Operating Margin	-17.81%	-22.25%	-71.91%	-10.43%	-27.42%	8.37%
Profit Margin	-30.75%	-51.77%	-115.50%	-11.48%	-34.43%	7.14%
Free Cash Flow Margin	-	-31.10%	-73.33%	-4.58%	-19.19%	22.08%
EBITDA	-5.33	-6.57	-12.98	-2.64	-4.18	-
EBITDA Margin	-17.77%	-22.22%	-71.86%	-10.39%	-27.42%	-
D&A For EBITDA	0.01	0.01	0.01	0.01	0	-
EBIT	-5.34	-6.58	-12.98	-2.65	-4.18	1.45
EBIT Margin	-17.81%	-22.25%	-71.91%	-10.43%	-27.42%	8.37%
Effective Tax Rate	-	-	-	-	-	12.39%

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q