SES AI (SES) Income Statement: Revenue & Earnings

SES AI Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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SES AI Corporation income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	2.04	0.00	0.00	0.00	0.00
Cost of Revenue	0.75	0.00	0.00	0.00	0.00
Gross Profit	1.29	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	72.14	30.68	27.97	15.51	9.44
Selling, General & Administrative	38.40	47.48	51.61	16.49	4.46
Operating Expenses	110.54	78.16	79.57	32.01	13.90
Operating Income	-109.25	-78.16	-79.57	-32.01	-13.90
Other Income/Expense
Interest Income	15.04	16.69	6.20	0.25	0.08
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	9.25	-7.22	23.64	-0.11	-0.06
Income
Income Before Tax	-100.00	-54.25	-49.74	-31.23	-13.88
Income Tax Expense	0.19	-0.85	1.26	0.03	0.01
Net Income	-100.19	-53.40	-50.99	-31.26	-13.89
Net Income - Continuous Operations	-100.19	-53.40	-50.99	-31.26	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-100.94	-48.71	-76.98	-30.34	-12.20
EBIT	-100.00	-54.25	-79.57	-32.01	-13.90
Depreciation & Amortization	8.31	5.40	2.60	1.66	1.71
Earnings Per Share
Basic EPS	-	-	-	-1.00	-
Diluted EPS	-	-	-	-1.00	-
Basic Shares Outstanding	321.82	315.05	288.30	61.09	60.78
Diluted Shares Outstanding	321.82	315.05	288.30	61.09	60.78