Serve Robotics (SERV) Income Statement: Revenue & Earnings

Serve Robotics Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Serve Robotics Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	1.81	0.21	0.11	0.00
Cost of Revenue	1.89	1.73	1.15	0.00
Gross Profit	-0.08	-1.52	-1.04	0.00
Operating Expenses
Research & Development	24.26	9.95	13.57	7.09
Selling, General & Administrative	10.61	5.22	6.35	2.61
Operating Expenses	38.21	17.74	19.91	10.62
Operating Income	-38.29	-19.26	-20.95	-10.62
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00
Interest Expense	0.68	2.26	-0.64	0.00
Other Income/Expense	-0.90	-3.29	-0.27	-11.04
Income
Income Before Tax	-39.19	-24.81	-21.86	-21.67
Income Tax Expense	0.00	0.00	0.00	0.00
Net Income	-39.19	-24.81	-21.86	-21.67
Net Income - Continuous Operations	-39.19	-24.81	-21.86	-21.67
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00
EBITDA	-37.98	-17.39	-20.56	-21.62
EBIT	-39.11	-19.26	-20.95	-21.67
Depreciation & Amortization	0.31	1.86	0.39	0.04
Earnings Per Share
Basic EPS	-1.00	-1.00	-3.00	-1.00
Diluted EPS	-1.00	-1.00	-3.00	-1.00
Basic Shares Outstanding	36.66	36.94	6.90	24.72
Diluted Shares Outstanding	36.66	36.94	6.90	24.72