CreateAI Holdings Inc Financials
CreateAI Holdings Inc (TSPH) reported $9.4M in revenue for fiscal year 2022, up 49.6% 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).
Development-stage economics with minimal debt, large equity backing, and operating cash use vastly exceeding reported revenue
The balance sheet is equity-funded rather than debt-funded: FY2022 liabilities were$119.8M against equity nearly eight times larger, limiting the role of borrowing in financing operations. Operating cash flow was-$329.9M in FY2022, while financing cash flow was nearly nil after a large FY2021 inflow; liquidity therefore reflects prior capital raising, not self-funding operations.
Revenue of
Free cash flow of
Financial Health Signals
CreateAI Holdings Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
CreateAI Holdings Inc scores -2.35, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($39.4M) relative to total liabilities ($119.8M). 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.
CreateAI Holdings Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
CreateAI Holdings Inc reported a net loss of $472.0M while operations used $329.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
CreateAI Holdings Inc generated $9.4M in revenue in fiscal year 2022. This represents an increase of 49.6% from the prior year.
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.
CreateAI Holdings Inc reported -$472.0M in net income in fiscal year 2022. This represents an increase of 35.6% from the prior year.
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 & Balance Sheet
CreateAI Holdings Inc recorded an outflow of $343.5M in free cash flow in fiscal year 2022, representing a cash shortfall after capex. This represents a decrease of 26.1% from the prior year.
CreateAI Holdings Inc held $615.4M in cash against $3.7M in long-term debt as of fiscal year 2022.
Not reported for fiscal year 2022.
Margins & Returns
CreateAI Holdings Inc's ROE was -49.5% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is up 5.8 percentage points from the prior year.
Not shown for fiscal year 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
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.
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.
Not reported for fiscal year 2022.
TSPH Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | 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 |
| 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 | -$0.28 |
Not reported in any period shown, so not listed: Interest Expense.
TSPH Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | 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 |
| 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 |
| 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 |
Not reported in any period shown, so not listed: Inventory, Goodwill.
TSPH Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | 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 |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TSPH Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | -167.4% | -136.3% | -141.6% | -104.9% | -122.3% | -80.6%-2.4pp | -78.2% |
| Operating Margin | N/A | -94994.6% | -42131.2% | -7929.1% | -4479.2% | -4267.9% | -4955.7% | -5654.0% |
| Net Margin | N/A | -84825.0% | -37773.0% | -7448.1% | -4265.4% | -4186.4% | -4942.7% | -5633.9% |
| Return on Equity | -8.0%+1.6pp | -9.5%-0.4pp | -9.1%+5.4pp | -14.5%-3.9pp | -10.6%-1.2pp | -9.3%-0.4pp | -9.0%-0.3pp | -8.7% |
| 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+3.6x | 17.71-0.5x | 18.18+4.1x | 14.09-4.3x | 18.34-6.3x | 24.67-5.1x | 29.75+5.6x | 24.20 |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 |
| FCF Margin | N/A | -76532.6% | -41097.7% | -4180.3% | -3170.0% | -3073.0% | -4504.7% | -3598.6% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
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Where CreateAI Holdings Inc Ranks
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.
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 return on equity (ROE)?
CreateAI Holdings Inc (TSPH) has a return on equity of -49.5% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is CreateAI Holdings Inc's free cash flow?
CreateAI Holdings Inc (TSPH) recorded an outflow of $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) recorded an outflow of $329.9M in operating cash flow during fiscal year 2022, representing cash used by 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.
How does CreateAI Holdings Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2022, CreateAI Holdings Inc (TSPH) held $992.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $329.9M over that year. Dividing the one by the other, the reported balance equals about 36 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is CreateAI Holdings Inc's Altman Z-Score?
CreateAI Holdings Inc (TSPH) has an Altman Z-Score of -2.35, 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 CreateAI Holdings Inc's Piotroski F-Score?
CreateAI Holdings Inc (TSPH) has a Piotroski F-Score of 4 out of 8 computable signals; 1 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 CreateAI Holdings Inc's earnings high quality?
CreateAI Holdings Inc (TSPH) reported a net loss of $472.0M while operations used $329.9M 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.