QumulusAI, Inc. (QMLS)

QumulusAI Income Statement

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

Year Ending	TTM	Dec 31, 2024	Dec 31, 2023
Revenue	10	8.1	5.12
Revenue Growth (YoY)	-	57.97%	-
Cost of Revenue	-	5.37	3.58
Gross Profit	4.5	2.72	1.54
Selling, General & Admin	-	3.35	2.01
Other Operating Expenses	0	7.16	7.71
Operating Expenses	-	10.51	9.72
Operating Income	-7.76	-7.79	-8.18
Interest Expense (Income)	1.68	1.12	1.25
Other Expense (Income)	-5.27	4.28	2.37
Pretax Income	-93.55	-13.18	-11.79
Income Tax	0.28	-	0.63
Net Income	-4.45	-13.18	-12.43
Free Cash Flow	-7.21	-4.87	-1.41
Gross Margin	44.99%	33.66%	30.10%
Operating Margin	-77.62%	-96.17%	-159.57%
Profit Margin	-938.41%	-162.86%	-242.45%
Free Cash Flow Margin	-72.09%	-60.18%	-27.50%
EBITDA	-86.79	-4.49	-2.74
EBITDA Margin	-867.87%	-55.40%	-53.49%
Depreciation & Amortization	5.09	7.58	7.81
EBIT	-91.88	-12.06	-10.55
EBIT Margin	-918.81%	-149.03%	-205.82%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).