Banzai International Inc. Financials
This page shows Banzai International Inc. (bnzi) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Banzai International Inc. passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Banzai International Inc. generates $0.30 in operating cash flow (-$9.6M OCF vs -$31.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Banzai International Inc. generated $4.5M in revenue in fiscal year 2024. This represents a decrease of 0.7% from the prior year.
Banzai International Inc.'s EBITDA was -$13.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 37.3% from the prior year.
Banzai International Inc. reported -$31.5M in net income in fiscal year 2024. This represents a decrease of 118.7% from the prior year.
Banzai International Inc. earned $-6.97 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 16.2% from the prior year.
Banzai International Inc. held $1.1M in cash against $0 in long-term debt as of fiscal year 2024.
Banzai International Inc. had 819,516 shares outstanding in fiscal year 2024. This represents a decrease of 68.3% from the prior year.
Banzai International Inc.'s gross margin was 68.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.
Banzai International Inc.'s operating margin was -297.4% in fiscal year 2024, reflecting core business profitability. This is down 82.7 percentage points from the prior year.
Banzai International Inc.'s net profit margin was -696.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 380.2 percentage points from the prior year.
bnzi Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M-12.8% | $3.3M-3.5% | $3.4M+160.0% | $1.3M+21.7% | $1.1M-1.0% | $1.1M-0.3% | $1.1M-2.3% | $1.1M |
| Cost of Revenue | $519K-6.3% | $555K-8.5% | $606K+62.4% | $373K+13.1% | $330K-13.5% | $381K+22.3% | $312K-8.6% | $341K |
| Gross Profit | $2.3M-14.1% | $2.7M-2.4% | $2.8M+199.3% | $926K+25.5% | $738K+5.7% | $698K-9.4% | $771K+0.4% | $767K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $6.5M-9.2% | $7.1M-4.3% | $7.4M+54.0% | $4.8M+17.5% | $4.1M+0.3% | $4.1M+3.3% | $4.0M+39.8% | $2.8M |
| Operating Income | -$4.4M+5.9% | -$4.7M+4.1% | -$4.9M-25.1% | -$3.9M-16.3% | -$3.4M+0.9% | -$3.4M-6.4% | -$3.2M-54.4% | -$2.1M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $270K+216.9% | -$231K-414.1% | $74K+1197.3% | -$7K-201.2% | $7K+810.0% | -$933+94.5% | -$17K-1382.4% | $1K |
| Net Income | -$5.9M+25.7% | -$7.9M-117.6% | -$3.6M+53.6% | -$7.9M-98.6% | -$4.0M+7.8% | -$4.3M+32.7% | -$6.4M-714.6% | -$782K |
| EPS (Diluted) | $-1.64+59.8% | $-4.08 | $-0.15 | $57.49 | $-14.09-759.1% | $-1.64 | $-4.54-1275.8% | $-0.33 |
bnzi Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $33.0M-4.9% | $34.7M+3.0% | $33.7M+31.2% | $25.7M+569.1% | $3.8M-13.6% | $4.4M-16.1% | $5.3M-85.3% | $36.0M |
| Current Assets | $2.3M-40.8% | $3.8M+44.7% | $2.6M-1.0% | $2.7M+69.0% | $1.6M-26.1% | $2.1M-27.4% | $2.9M+506.1% | $485K |
| Cash & Equivalents | $851K-62.2% | $2.3M+188.7% | $781K-28.2% | $1.1M+130.5% | $472K-54.1% | $1.0M-51.0% | $2.1M+424.1% | $400K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $805K-0.6% | $809K-21.3% | $1.0M+9.8% | $936K+3479.1% | $26K-24.5% | $35K-67.0% | $105K+11.3% | $94K |
| Goodwill | $22.0M0.0% | $22.0M0.0% | $22.0M+15.9% | $19.0M+773.7% | $2.2M0.0% | $2.2M0.0% | $2.2M | N/A |
| Total Liabilities | $27.5M-12.6% | $31.5M+2.5% | $30.7M+8.1% | $28.4M-20.3% | $35.7M+1.1% | $35.3M-5.1% | $37.2M-44.8% | $67.3M |
| Current Liabilities | $26.0M-13.9% | $30.2M+3.3% | $29.3M+3.6% | $28.3M-20.6% | $35.6M+1.1% | $35.2M-5.1% | $37.1M+357.3% | $8.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $5.4M+80.0% | $3.0M+2.7% | $2.9M+206.6% | -$2.8M+91.3% | -$31.8M-3.3% | -$30.8M+3.2% | -$31.9M-1.8% | -$31.3M |
| Retained Earnings | -$95.7M-6.7% | -$89.7M-9.5% | -$81.9M-4.7% | -$78.3M-41.2% | -$55.4M-8.1% | -$51.3M-9.6% | -$46.8M-170.5% | -$17.3M |
bnzi Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.4M-8.6% | -$4.0M+18.7% | -$5.0M-18.1% | -$4.2M-148.4% | -$1.7M+19.9% | -$2.1M-149.7% | $4.3M+341.7% | -$1.8M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0+100.0% | -$2.7M-3356.5% | $82K | $0 | $0+100.0% | -$18.0M-197.3% | $18.4M |
| Financing Cash Flow | $3.1M-44.5% | $5.5M-24.9% | $7.3M+670.0% | $954K-16.4% | $1.1M+8.6% | $1.1M+141.0% | -$2.6M-247.6% | $1.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
bnzi Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.7%-1.3pp | 83.0%+0.9pp | 82.1%+10.8pp | 71.3%+2.2pp | 69.1%+4.4pp | 64.7%-6.5pp | 71.2%+2.0pp | 69.2% |
| Operating Margin | -155.8%-11.5pp | -144.2%+1.0pp | -145.2%+156.5pp | -301.7%+14.0pp | -315.7%-0.5pp | -315.2%-19.7pp | -295.5%-108.5pp | -187.0% |
| Net Margin | -207.0%+36.1pp | -243.0%-135.2pp | -107.8%+496.5pp | -604.3%-234.1pp | -370.3%+27.2pp | -397.4%+191.3pp | -588.7%-518.1pp | -70.6% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -17.8%+5.0pp | -22.9%-12.0pp | -10.8%+19.8pp | -30.6%+72.5pp | -103.1%-6.4pp | -96.7%+23.9pp | -120.5%-118.3pp | -2.2% |
| Current Ratio | 0.09-0.0 | 0.13+0.0 | 0.090.0 | 0.09+0.1 | 0.04-0.0 | 0.06-0.0 | 0.08+0.0 | 0.06 |
| Debt-to-Equity | 5.06-5.4 | 10.43-0.0 | 10.44+20.7 | -10.29-9.2 | -1.12+0.0 | -1.14+0.0 | -1.17+1.0 | -2.15 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$2.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Banzai International Inc.'s annual revenue?
Banzai International Inc. (bnzi) reported $4.5M in total revenue for fiscal year 2024. This represents a -0.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Banzai International Inc.'s revenue growing?
Banzai International Inc. (bnzi) revenue declined by 0.7% year-over-year, from $4.6M to $4.5M in fiscal year 2024.
Is Banzai International Inc. profitable?
No, Banzai International Inc. (bnzi) reported a net income of -$31.5M in fiscal year 2024, with a net profit margin of -696.0%.
What is Banzai International Inc.'s earnings per share (EPS)?
Banzai International Inc. (bnzi) reported diluted earnings per share of $-6.97 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Banzai International Inc.'s EBITDA?
Banzai International Inc. (bnzi) had EBITDA of -$13.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Banzai International Inc.'s gross margin?
Banzai International Inc. (bnzi) had a gross margin of 68.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Banzai International Inc.'s operating margin?
Banzai International Inc. (bnzi) had an operating margin of -297.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Banzai International Inc.'s net profit margin?
Banzai International Inc. (bnzi) had a net profit margin of -696.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Banzai International Inc.'s operating cash flow?
Banzai International Inc. (bnzi) generated -$9.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Banzai International Inc.'s total assets?
Banzai International Inc. (bnzi) had $25.7M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Banzai International Inc. have outstanding?
Banzai International Inc. (bnzi) had 819,516 shares outstanding as of fiscal year 2024.
What is Banzai International Inc.'s current ratio?
Banzai International Inc. (bnzi) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Banzai International Inc.'s debt-to-equity ratio?
Banzai International Inc. (bnzi) had a debt-to-equity ratio of -10.29 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Banzai International Inc.'s return on assets (ROA)?
Banzai International Inc. (bnzi) had a return on assets of -122.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Banzai International Inc.'s cash runway?
Based on fiscal year 2024 data, Banzai International Inc. (bnzi) had $1.1M in cash against an annual operating cash burn of $9.6M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Banzai International Inc.'s debt-to-equity ratio negative or unusual?
Banzai International Inc. (bnzi) has negative shareholder equity of -$2.8M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Banzai International Inc.'s Piotroski F-Score?
Banzai International Inc. (bnzi) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Banzai International Inc.'s earnings high quality?
Banzai International Inc. (bnzi) has an earnings quality ratio of 0.30x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.