ScanTech AI Systems 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	0.91	0.54	-	-
Cost of Revenue	0.69	0.45	-	-
Gross Profit	0.22	0.09	-	-
Selling, General & Admin	9.23	5.58	6.28	-
Research & Development	3.54	3.4	3.24	-
Operating Expenses	12.81	9.01	9.56	-
Operating Income	-12.59	-8.92	-9.56	-
Interest Expense	-10.22	-12.36	-10.25	-
Other Non Operating Income (Expenses)	2.89	-1.78	-15.72	-
Pretax Income	-7.32	-23.07	-35.53	-
Net Income	-7.32	-23.07	-35.53	-
Preferred Dividends & Other Adjustments	1.71	2.26	2.08	-
Net Income to Common	-9.03	-25.33	-37.62	-
Shares Outstanding (Basic)	263	312	189	67
Shares Outstanding (Diluted)	263	312	189	67
Shares Change (YoY)	13.16%	65.62%	180.90%	-
EPS (Basic)	-0.03	-0.08	-0.20	-
EPS (Diluted)	-0.03	-0.08	-0.20	-
Free Cash Flow	-8.96	-6.62	-5.44	-3.73
Free Cash Flow Per Share	-0.03	-0.02	-0.03	-0.06
Gross Margin	24.34%	17.35%	-	-
Operating Margin	-1386.84%	-1644.83%	-	-
Profit Margin	-994.97%	-4671.28%	-	-
Free Cash Flow Margin	-987.19%	-1221.75%	-	-
EBITDA	-12.55	-8.89	-9.52	-
D&A For EBITDA	0.03	0.03	0.04	0.05
EBIT	-12.59	-8.92	-9.56	-

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

SEC Filings: 10-K · 10-Q