CreateAI Holdings Inc Financials

TSPH

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2023 Currency USD FYE December

This page shows CreateAI Holdings Inc (TSPH) 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

Financial Profile 60/100

Based on FY2022 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

CreateAI Holdings Inc has an operating margin of -5220.0%, meaning the company retains $-5220 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -6570.1% the prior year.

Growth

100

CreateAI Holdings Inc's revenue surged 49.6% year-over-year to $9.4M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

100

CreateAI Holdings Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 14.09, CreateAI Holdings Inc holds $14.09 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While CreateAI Holdings Inc generated -$329.9M in operating cash flow, capex of $13.6M consumed most of it, leaving -$343.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Neutral

4/9

CreateAI Holdings Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.70x

For every $1 of reported earnings, CreateAI Holdings Inc generates $0.70 in operating cash flow (-$329.9M OCF vs -$472.0M 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

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Revenue

$9.4M

YoY+49.6%

CreateAI Holdings Inc generated $9.4M in revenue in fiscal year 2022. This represents an increase of 49.6% from the prior year.

EBITDA

-$461.5M

YoY-14.8%

CreateAI Holdings Inc's EBITDA was -$461.5M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 14.8% from the prior year.

Free Cash Flow

-$343.5M

YoY-26.1%

CreateAI Holdings Inc generated -$343.5M in free cash flow in fiscal year 2022, representing cash available after capex. This represents a decrease of 26.1% from the prior year.

Net Income

-$472.0M

YoY+35.6%

CreateAI Holdings Inc reported -$472.0M in net income in fiscal year 2022. This represents an increase of 35.6% from the prior year.

EPS (Diluted)

$-2.11

YoY+51.6%

CreateAI Holdings Inc earned $-2.11 per diluted share (EPS) in fiscal year 2022. This represents an increase of 51.6% from the prior year.

Cash & Debt

$615.4M

YoY-54.0%

CreateAI Holdings Inc held $615.4M in cash against $3.7M in long-term debt as of fiscal year 2022.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

-111.1%

YoY-13.6pp

CreateAI Holdings Inc's gross margin was -111.1% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is down 13.6 percentage points from the prior year.

Operating Margin

-5220.0%

YoY+1350.0pp

CreateAI Holdings Inc's operating margin was -5220.0% in fiscal year 2022, reflecting core business profitability. This is up 1350.0 percentage points from the prior year.

Net Margin

-5038.4%

YoY+6663.8pp

CreateAI Holdings Inc's net profit margin was -5038.4% in fiscal year 2022, showing the share of revenue converted to profit. This is up 6663.8 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$351.6M

YoY+22.4%

CreateAI Holdings Inc invested $351.6M in research and development in fiscal year 2022. This represents an increase of 22.4% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$13.6M

YoY+2.1%

CreateAI Holdings Inc invested $13.6M in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents an increase of 2.1% from the prior year.

TSPH Income Statement

Metric	FY22	FY21	FY20	FY19
Revenue	$9.4M+49.6%	$6.3M+239.7%	$1.8M+159.6%	$710K
Cost of Revenue	$19.8M+59.9%	$12.4M+133.7%	$5.3M+231.8%	$1.6M
Gross Profit	-$10.4M-70.4%	-$6.1M-77.0%	-$3.5M-289.8%	-$885K
R&D Expenses	$351.6M+22.4%	$287.2M+117.5%	$132.0M+107.5%	$63.6M
SG&A Expenses	$127.1M+7.6%	$118.1M+205.8%	$38.6M+69.5%	$22.8M
Operating Income	-$489.1M-18.9%	-$411.4M-136.3%	-$174.1M-99.4%	-$87.3M
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0
Net Income	-$472.0M+35.6%	-$732.7M-311.9%	-$177.9M-109.7%	-$84.8M
EPS (Diluted)	$-2.11+51.6%	$-4.36-29.4%	$-3.37-36.4%	$-2.47

Metric	Q3'23	Q2'23	Q1'23	Q3'22	Q3'22	Q2'22	Q1'22	Q4'21
Revenue	$0-100.0%	$92K-57.2%	$215K-88.4%	$1.9M-30.0%	$2.7M+2.3%	$2.6M+14.6%	$2.3M+10.4%	$2.0M
Cost of Revenue	$0-100.0%	$246K-51.6%	$508K-88.7%	$4.5M-17.4%	$5.4M-5.7%	$5.8M+41.0%	$4.1M+11.9%	$3.7M
Gross Profit	$0+100.0%	-$154K+47.4%	-$293K+88.9%	-$2.6M+5.5%	-$2.8M+12.3%	-$3.2M-73.9%	-$1.8M-13.8%	-$1.6M
R&D Expenses	$44.3M-24.2%	$58.5M-5.0%	$61.6M-40.2%	$103.0M+21.3%	$84.9M-0.7%	$85.5M+9.4%	$78.2M-8.4%	$85.3M
SG&A Expenses	$26.3M-8.4%	$28.7M+0.2%	$28.7M-31.2%	$41.7M+34.0%	$31.1M+41.3%	$22.0M-31.7%	$32.2M+11.2%	$29.0M
Operating Income	-$70.7M+19.2%	-$87.4M+3.5%	-$90.6M+38.5%	-$147.3M-24.0%	-$118.8M-7.3%	-$110.7M+1.3%	-$112.2M+3.2%	-$115.9M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0	$0	$0	$0	$0
Net Income	-$61.4M+21.3%	-$78.0M+3.9%	-$81.2M+41.3%	-$138.4M-22.3%	-$113.2M-4.2%	-$108.6M+3.0%	-$111.9M+3.1%	-$115.5M
EPS (Diluted)	$-0.27+20.6%	$-0.34+5.6%	$-0.36+41.9%	$-0.62-24.0%	$-0.50-2.0%	$-0.49+2.0%	$-0.50-115.4%	$3.25

TSPH Balance Sheet

Metric	FY22	FY21	FY20	FY19
Total Assets	$1.1B-23.1%	$1.4B+302.9%	$346.6M	N/A
Current Assets	$1.0B-25.5%	$1.4B+323.6%	$319.5M	N/A
Cash & Equivalents	$615.4M-54.0%	$1.3B+330.3%	$310.8M+388.6%	$63.6M
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	$1.4M-13.9%	$1.6M+39.8%	$1.1M	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$119.8M+72.8%	$69.3M-90.8%	$752.1M	N/A
Current Liabilities	$71.5M+27.9%	$55.9M-31.0%	$81.1M	N/A
Long-Term Debt	$3.7M-33.8%	$5.5M+206.8%	$1.8M	N/A
Total Equity	$954.5M-28.1%	$1.3B+427.3%	-$405.5M-84.8%	-$219.4M
Retained Earnings	-$1.6B-41.5%	-$1.1B-180.8%	-$405.2M	N/A

Metric	Q3'23	Q2'23	Q1'23	Q3'22	Q3'22	Q2'22	Q1'22	Q4'21
Total Assets	$848.5M-6.7%	$909.6M-7.8%	$986.9M-8.1%	$1.1B-9.0%	$1.2B-6.2%	$1.3B-5.7%	$1.3B-4.4%	$1.4B
Current Assets	$793.2M-6.7%	$849.7M-8.0%	$924.0M-8.3%	$1.0B-7.6%	$1.1B-7.7%	$1.2B-5.9%	$1.3B-7.2%	$1.4B
Cash & Equivalents	$249.2M-20.8%	$314.7M-38.3%	$510.0M-17.1%	$615.4M-29.4%	$871.4M-24.7%	$1.2B-6.5%	$1.2B-7.5%	$1.3B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$0-100.0%	$91K-60.6%	$231K-83.2%	$1.4M-53.9%	$3.0M+10.7%	$2.7M+50.8%	$1.8M+11.9%	$1.6M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$77.1M-13.8%	$89.5M-6.3%	$95.5M-20.3%	$119.8M+7.4%	$111.5M+14.2%	$97.7M+8.6%	$89.9M+29.7%	$69.3M
Current Liabilities	$37.2M-22.5%	$48.0M-5.5%	$50.8M-29.0%	$71.5M+20.3%	$59.5M+24.2%	$47.9M+13.5%	$42.2M-24.6%	$55.9M
Long-Term Debt	$2.8M-1.0%	$2.8M-12.2%	$3.2M-11.6%	$3.7M-10.2%	$4.1M-9.1%	$4.5M-13.0%	$5.2M-6.8%	$5.5M
Total Equity	$771.4M-5.9%	$820.1M-8.0%	$891.4M-6.6%	$954.5M-10.7%	$1.1B-8.0%	$1.2B-6.8%	$1.2B-6.2%	$1.3B
Retained Earnings	-$1.8B-3.5%	-$1.8B-4.6%	-$1.7B-5.0%	-$1.6B-9.4%	-$1.5B-8.3%	-$1.4B-8.7%	-$1.2B-9.8%	-$1.1B

TSPH Cash Flow Statement

Metric	FY22	FY21	FY20	FY19
Operating Cash Flow	-$329.9M-27.3%	-$259.0M-149.4%	-$103.8M-36.0%	-$76.3M
Capital Expenditures	$13.6M+2.1%	$13.3M+209.6%	$4.3M-58.3%	$10.3M
Free Cash Flow	-$343.5M-26.1%	-$272.4M-151.8%	-$108.2M-24.8%	-$86.7M
Investing Cash Flow	-$392.2M-2775.8%	-$13.6M-209.1%	-$4.4M+57.7%	-$10.4M
Financing Cash Flow	$1.4M-99.9%	$1.3B+264.4%	$356.5M+587.8%	$51.8M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q3'23	Q2'23	Q1'23	Q3'22	Q3'22	Q2'22	Q1'22	Q4'21
Operating Cash Flow	-$60.1M+14.3%	-$70.1M+20.0%	-$87.7M-18.7%	-$73.9M+6.9%	-$79.3M-4.3%	-$76.0M+24.4%	-$100.6M-38.5%	-$72.7M
Capital Expenditures	N/A	$265K-61.0%	$680K-82.1%	$3.8M-20.4%	$4.8M+29.4%	$3.7M+171.8%	$1.4M+22.9%	$1.1M
Free Cash Flow	N/A	-$70.4M+20.3%	-$88.4M-13.8%	-$77.7M+7.6%	-$84.1M-5.5%	-$79.7M+21.8%	-$102.0M-38.2%	-$73.8M
Investing Cash Flow	-$6.4M+94.8%	-$123.1M-579.5%	-$18.1M+90.0%	-$182.0M+11.2%	-$205.0M-5336.0%	-$3.8M-173.9%	-$1.4M-13.1%	-$1.2M
Financing Cash Flow	-$474K-11.5%	-$425K+32.2%	-$627K-14.6%	-$547K-228.7%	$425K+10525.0%	$4K-99.7%	$1.5M+275.4%	-$862K
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

TSPH Financial Ratios

Metric	FY22	FY21	FY20	FY19
Gross Margin	-111.1%-13.6pp	-97.6%+89.6pp	-187.2%-62.5pp	-124.6%
Operating Margin	-5220.0%+1350.0pp	-6570.1%+2874.5pp	-9444.6%+2848.4pp	-12293.0%
Net Margin	-5038.4%+6663.8pp	-11702.2%-2051.1pp	-9651.1%+2298.2pp	-11949.3%
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	-43.9%+8.5pp	-52.5%-1.2pp	-51.3%	N/A
Current Ratio	14.09-10.1	24.20+20.3	3.94	N/A
Debt-to-Equity	0.000.0	0.000.0	-0.00	N/A
FCF Margin	-3666.0%+684.0pp	-4350.0%+1518.2pp	-5868.2%+6337.6pp	-12205.8%

Metric	Q3'23	Q2'23	Q1'23	Q3'22	Q3'22	Q2'22	Q1'22	Q4'21
Gross Margin	N/A	-167.4%-31.1pp	-136.3%+5.3pp	-141.6%-36.7pp	-104.9%+17.4pp	-122.3%-41.7pp	-80.6%-2.4pp	-78.2%
Operating Margin	N/A	-94994.6%-52863.4pp	-42131.2%-34202.0pp	-7929.1%-3449.9pp	-4479.2%-211.3pp	-4267.9%+687.9pp	-4955.7%+698.3pp	-5654.0%
Net Margin	N/A	-84825.0%-47052.0pp	-37773.0%-30324.9pp	-7448.1%-3182.7pp	-4265.4%-79.0pp	-4186.4%+756.3pp	-4942.7%+691.1pp	-5633.9%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-7.2%+1.3pp	-8.6%-0.4pp	-8.2%+4.7pp	-12.9%-3.3pp	-9.6%-1.0pp	-8.6%-0.3pp	-8.4%-0.1pp	-8.3%
Current Ratio	21.32+3.6	17.71-0.5	18.18+4.1	14.09-4.3	18.34-6.3	24.67-5.1	29.75+5.6	24.20
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	-76532.6%-35434.9pp	-41097.7%-36917.4pp	-4180.3%-1010.3pp	-3170.0%-97.0pp	-3073.0%+1431.7pp	-4504.7%-906.1pp	-3598.6%

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Frequently Asked Questions

What is CreateAI Holdings Inc's annual revenue?

CreateAI Holdings Inc (TSPH) reported $9.4M in total revenue for fiscal year 2022. This represents a 49.6% 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 CreateAI Holdings Inc's revenue growing?

CreateAI Holdings Inc (TSPH) revenue grew by 49.6% year-over-year, from $6.3M to $9.4M in fiscal year 2022.

Is CreateAI Holdings Inc profitable?

No, CreateAI Holdings Inc (TSPH) reported a net income of -$472.0M in fiscal year 2022, with a net profit margin of -5038.4%.

What is CreateAI Holdings Inc's earnings per share (EPS)?

CreateAI Holdings Inc (TSPH) reported diluted earnings per share of $-2.11 for fiscal year 2022. This represents a 51.6% 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 CreateAI Holdings Inc's EBITDA?

CreateAI Holdings Inc (TSPH) had EBITDA of -$461.5M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does CreateAI Holdings Inc have?

As of fiscal year 2022, CreateAI Holdings Inc (TSPH) had $615.4M in cash and equivalents against $3.7M in long-term debt.

What is CreateAI Holdings Inc's gross margin?

CreateAI Holdings Inc (TSPH) had a gross margin of -111.1% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

What is CreateAI Holdings Inc's operating margin?

CreateAI Holdings Inc (TSPH) had an operating margin of -5220.0% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.

What is CreateAI Holdings Inc's net profit margin?

CreateAI Holdings Inc (TSPH) had a net profit margin of -5038.4% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

What is CreateAI Holdings Inc's free cash flow?

CreateAI Holdings Inc (TSPH) generated -$343.5M in free cash flow during fiscal year 2022. This represents a -26.1% 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.

What is CreateAI Holdings Inc's operating cash flow?

CreateAI Holdings Inc (TSPH) generated -$329.9M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

What are CreateAI Holdings Inc's total assets?

CreateAI Holdings Inc (TSPH) had $1.1B in total assets as of fiscal year 2022, including both current and long-term assets.

What are CreateAI Holdings Inc's capital expenditures?

CreateAI Holdings Inc (TSPH) invested $13.6M in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

How much does CreateAI Holdings Inc spend on research and development?

CreateAI Holdings Inc (TSPH) invested $351.6M in research and development during fiscal year 2022.

What is CreateAI Holdings Inc's current ratio?

CreateAI Holdings Inc (TSPH) had a current ratio of 14.09 as of fiscal year 2022, which is generally considered healthy.

What is CreateAI Holdings Inc's debt-to-equity ratio?

CreateAI Holdings Inc (TSPH) had a debt-to-equity ratio of 0.00 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CreateAI Holdings Inc's return on assets (ROA)?

CreateAI Holdings Inc (TSPH) had a return on assets of -43.9% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

What is CreateAI Holdings Inc's cash runway?

Based on fiscal year 2022 data, CreateAI Holdings Inc (TSPH) had $615.4M in cash against an annual operating cash burn of $329.9M. This gives an estimated cash runway of approximately 22 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.

What is CreateAI Holdings Inc's Piotroski F-Score?

CreateAI Holdings Inc (TSPH) has a Piotroski F-Score of 4 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 CreateAI Holdings Inc's earnings high quality?

CreateAI Holdings Inc (TSPH) has an earnings quality ratio of 0.70x, 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.

How financially healthy is CreateAI Holdings Inc?

CreateAI Holdings Inc (TSPH) scores 60 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.