Pony AI Inc. (PONY)

Pony AI Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	84.33	71.9	68.39	8.12
Revenue Growth (YoY)	16.56%	5.14%	742.50%	-
Cost of Revenue	65.09	55.02	36.32	1.81
Gross Profit	19.24	16.88	32.06	6.31
Selling, General & Admin	35.91	37.42	49.18	51.02
Research & Development	120.81	122.71	153.6	170.6
Operating Expenses	156.73	160.12	202.78	221.62
Operating Income	-137.48	-143.24	-170.72	-215.31
Interest & Investment Income	21.27	19.39	8.89	3.61
Other Non Operating Income (Expenses)	8.72	0.13	13.61	-12.46
EBT Excluding Unusual Items	-107.49	-123.72	-148.22	-224.16
Gain (Loss) on Sale of Investments	0.27	-1.73	-0.11	-
Pretax Income	-107.52	-125.45	-148.32	-224.16
Income Tax Expense	-0	-0.13	-0.07	0.55
Earnings From Continuing Operations	-107.52	-125.33	-148.25	-224.7
Minority Interest in Earnings	0.74	0.52	0.23	-
Net Income	-106.78	-124.81	-148.02	-224.7
Net Income to Common	-160.16	-124.81	-148.02	-224.7
Shares Outstanding (Basic)	89	89	85	81
Shares Outstanding (Diluted)	89	89	85	81
Shares Change (YoY)	1.98%	4.43%	5.73%	-
EPS (Basic)	-1.80	-1.40	-1.73	-2.78
EPS (Diluted)	-1.80	-1.40	-1.73	-2.78
Free Cash Flow	-116.81	-120.51	-166.8	-171.54
Free Cash Flow Per Share	-1.31	-1.35	-1.96	-2.13
Gross Margin	22.82%	23.48%	46.89%	77.74%
Operating Margin	-163.03%	-199.22%	-249.63%	-2652.52%
Profit Margin	-189.91%	-173.59%	-216.44%	-2768.31%
Free Cash Flow Margin	-138.51%	-167.61%	-243.91%	-2113.37%
EBITDA	-126.34	-128.9	-153.95	-201.56
EBITDA Margin	-149.81%	-179.28%	-225.11%	-
D&A For EBITDA	11.15	14.34	16.77	13.74
EBIT	-137.48	-143.24	-170.72	-215.31
EBIT Margin	-163.03%	-199.22%	-249.63%	-

Source: S&P Capital IQ. Standard template. Financial Sources.