Nscale Limited (NSCL)

Nscale will go public soon, but the exact IPO date is still unknown.

Stock Price: Pending

IPO price not available yet

Nscale Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	163.2	33	19.1
Revenue Growth	-	72.78%	-
Gross Profit	-64.2	-12.6	6.3
Operating Income	-637.1	-169.8	-16.1
Net Income	-1,413	-761.8	-78.2

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Investments	1,478	1,501	101.9
Total Debt	2,999	2,861	307.4
Net Cash (Debt)	-1,521	-1,360	-205.5
Net Cash Growth	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Operating Cash Flow	3,057	1,376	-19.2
Capital Expenditures	-3,753	-621.4	-64.2
Free Cash Flow	-696.5	755	-83.4
Free Cash Flow Growth	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Gross Margin	-39.34%	-38.18%	32.98%
Operating Margin	-390.38%	-514.55%	-84.29%
Pretax Margin	-843.93%	-2227.27%	-414.66%
Profit Margin	-865.81%	-2308.49%	-409.42%
FCF Margin	-426.78%	2287.88%	-436.65%