Smart Share Global Limited American (EM) Financials
EM
FY2024 annual
Revenue$259.5M-37.7% YoY
Net Income-$1.9M-115.0% YoY
EPS (Diluted)$0.00-100.0% YoY
Operating Cash Flow-$28.2M-148.0% YoY
Source SEC Filings (10-K/10-Q)Latest period FY2024, ended Dec 31, 2024ReportedCurrency USDFYE December
Newest figures come from the 10-K for FY2024, filed Apr 28, 2025.
Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EM SEC filings page.
Smart Share Global Limited American (EM) reported $259.5M in revenue
for fiscal year 2024, down 37.7% from the prior fiscal year.
This page shows its 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).
Rhea AIEMFY2024
The business has become smaller and less profitable because gross-margin compression has outpaced its revenue decline.
The company’s revenue contraction accelerated in FY2024, but the more revealing change was that gross profit fell 55.3% while revenue fell 37.7%. Gross margin reached 42.4%, down from 59.1% in FY2023, indicating that revenue composition or direct-cost structure changed materially rather than volume alone explaining the weaker result.
Reported earnings and cash flow moved out of alignment. Net income moved from a profit of $12.4M in FY2023 to a loss of $1.9M in FY2024. Operating cash flow swung from $58.7M to -$28.2M over the same periods, a much larger cash reversal than the small accounting loss. Receivables reached $38.8M and inventory $16.2M in FY2024, suggesting working capital absorbed cash as activity weakened.
Liquidity remained comparatively strong despite the earnings reversal: current assets were 3.2x current liabilities in FY2024, giving the business balance-sheet flexibility while operations weakened. Total liabilities of $201.5M were below total assets of $565.5M, so obligations do not dominate reported resources. Yet assets fell from $623.3M in FY2023 to $565.5M in FY2024, meaning balance-sheet capacity coexists with shrinking scale.
Financial Health Signals
Financial Health Score32/100
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Smart Share Global Limited American's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Profitability
25
Smart Share Global Limited American has an operating margin of -3.8%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 25/100. This is down from 0.0% the prior year.
Growth
4
Smart Share Global Limited American's revenue declined 37.7% year-over-year, from $416.7M to $259.5M. This contraction results in a growth score of 4/100.
Leverage
59
Smart Share Global Limited American has a moderate D/E ratio of 0.55. This balance of debt and equity financing earns a leverage score of 59/100.
Liquidity
81
With a current ratio of 3.17, Smart Share Global Limited American holds $3.17 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.
Cash Flow
0
Not available for Smart Share Global Limited American, and counted as zero in the overall score.
Returns
24
Smart Share Global Limited American posts a -0.5% return on equity (ROE), meaning it loses $1 for every $100 of shareholders' equity. This results in a returns score of 24/100. This is down from 3.2% the prior year.
Altman Z-ScoreDistress
-1.05
Smart Share Global Limited American scores -1.05, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($303.1M) relative to total liabilities ($201.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Piotroski F-ScorePartial
1/7
Smart Share Global Limited American passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
Earnings QualityNo Cash Backing
N/A
Smart Share Global Limited American reported a net loss of $1.9M while operations used $28.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Smart Share Global Limited American held $107.9M in cash as of Q4 2024; long-term debt is not reported for that period.
Free Cash Flow
Not reported for Q4 2024.
Dividends Per Share
Not reported for Q4 2024.
Shares Outstanding
Not reported for Q4 2024.
Margins & Returns
None of these metrics is reported for Q4 2024.
Capital Allocation
None of these metrics is reported for Q4 2024.
EM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
EM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
EM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
EM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: FCF Margin.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
What is Smart Share Global Limited American's annual revenue?
Smart Share Global Limited American (EM) reported $259.5M in total revenue for fiscal year 2024. This represents a -37.7% 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 Smart Share Global Limited American's revenue growing?
Smart Share Global Limited American (EM) revenue declined by 37.7% year-over-year, from $416.7M to $259.5M in fiscal year 2024.
Is Smart Share Global Limited American profitable?
No, Smart Share Global Limited American (EM) reported a net income of -$1.9M in fiscal year 2024, with a net profit margin of -0.7%.
What is Smart Share Global Limited American's earnings per share (EPS)?
Smart Share Global Limited American (EM) reported diluted earnings per share of $0.00 for fiscal year 2024. This represents a -100.0% change compared to the previous fiscal year. 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 Smart Share Global Limited American's EBITDA?
Smart Share Global Limited American (EM) had EBITDA of $11.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Smart Share Global Limited American's gross margin?
Smart Share Global Limited American (EM) had a gross margin of 42.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Smart Share Global Limited American's operating margin?
Smart Share Global Limited American (EM) had an operating margin of -3.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Smart Share Global Limited American's net profit margin?
Smart Share Global Limited American (EM) had a net profit margin of -0.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Smart Share Global Limited American's return on equity (ROE)?
Smart Share Global Limited American (EM) has a return on equity of -0.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Smart Share Global Limited American's operating cash flow?
Smart Share Global Limited American (EM) recorded an outflow of $28.2M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Smart Share Global Limited American's total assets?
Smart Share Global Limited American (EM) had $565.5M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Smart Share Global Limited American spend on research and development?
Smart Share Global Limited American (EM) invested $11.4M in research and development during fiscal year 2024.
What is Smart Share Global Limited American's current ratio?
Smart Share Global Limited American (EM) had a current ratio of 3.17 as of fiscal year 2024, which is generally considered healthy.
What is Smart Share Global Limited American's debt-to-equity ratio?
Smart Share Global Limited American (EM) had a debt-to-equity ratio of 0.55 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Smart Share Global Limited American's return on assets (ROA)?
Smart Share Global Limited American (EM) had a return on assets of -0.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Smart Share Global Limited American's Altman Z-Score?
Smart Share Global Limited American (EM) has an Altman Z-Score of -1.05, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Smart Share Global Limited American's Piotroski F-Score?
Smart Share Global Limited American (EM) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Smart Share Global Limited American's earnings high quality?
Smart Share Global Limited American (EM) reported a net loss of $1.9M while operations used $28.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
How financially healthy is Smart Share Global Limited American?
Smart Share Global Limited American (EM) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.
