SES AI Financials

SES AI (SES) reported $2.0M in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, SES AI (SES) reported a net income of -$100.2M in fiscal year 2024, with a net profit margin of -4911.0%.

SES AI (SES) reported diluted earnings per share of $-0.31 for fiscal year 2024. This represents a -82.4% 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.

SES AI (SES) had EBITDA of -$100.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

SES AI (SES) had a gross margin of 63.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

SES AI (SES) had an operating margin of -5355.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

SES AI (SES) had a net profit margin of -4911.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

SES AI (SES) generated -$78.3M in free cash flow during fiscal year 2024. This represents a -8.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

SES AI (SES) generated -$66.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

SES AI (SES) had $329.8M in total assets as of fiscal year 2024, including both current and long-term assets.

SES AI (SES) invested $12.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

SES AI (SES) invested $72.1M in research and development during fiscal year 2024.

SES AI (SES) had 362M shares outstanding as of fiscal year 2024.

SES AI (SES) had a current ratio of 12.14 as of fiscal year 2024, which is generally considered healthy.

SES AI (SES) had a debt-to-equity ratio of 0.18 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

SES AI (SES) had a return on assets of -30.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, SES AI (SES) had $128.8M in cash against an annual operating cash burn of $66.1M. This gives an estimated cash runway of approximately 23 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.

SES AI (SES) has a Piotroski F-Score of 1 out of 9, indicating weak 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.

SES AI (SES) has an earnings quality ratio of 0.66x, 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.

SES AI (SES) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.