Cash flow Serve Robotics Inc.

Stocks

SERV

US81758H1068

IT Services & Consulting

Real-time Estimate Cboe BZX 03:52:01 22/08/26 am AEST			5-day change	1st Jan Change
5.025 ^USD	+6.01%		+0.70%	-51.59%

18/08	How Delivery Robots Can Transform the Last Mile	MT
17/08	Serve Robotics Expands Autonomous Delivery Network With Grubhub	MT

67a8e8ed0c1fea582feca1d89991.m7qo5xPxSBWajUYFi_-6FJQjDx-xuMMM-Tp1qFiGCTg.o5fFv2GIIWyjwStSyY3KYPsQVlX2iKU5lgkdwG3VQwrNz-uIJZ0mLcr5Fw

Published financial data: SERVE ROBOTICS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	-	108K	208K	1.81M	2.65M
Total Revenues	-	108K	208K	1.81M	2.65M
Cost of Goods Sold, Total	-	1.15M	1.73M	1.89M	18.03M
Gross Profit	-	-1.04M	-1.52M	-75.16K	-15.38M
Selling General & Admin Expenses, Total	3.53M	6.35M	8.01M	14.2M	50.8M
R&D Expenses	7.09M	13.57M	9.73M	24.01M	45.19M
Other Operating Expenses, Total	10.62M	19.91M	17.74M	38.21M	95.99M
Operating Income	-10.62M	-20.95M	-19.26M	-38.29M	-111M
Interest Expense, Total	-	-636K	-2.26M	-681K	-3K
Interest And Investment Income	-	-	-	-	7.27M
Net Interest Expenses	-	-636K	-2.26M	-681K	7.27M
Currency Exchange Gains (Loss)	-	-	-	-	2K
Other Non Operating Income (Expenses)	-11.04M	-266K	-1.82M	-222K	91K
EBT, Excl. Unusual Items	-21.67M	-21.86M	-23.34M	-39.19M	-104M
Merger & Related Restructuring Charges	-	-	-	-	-1.4M
Gain (Loss) On Sale Of Investments	-	-	-	-	391K
Asset Writedown	-	-	-1.47M	-	-
EBT, Incl. Unusual Items	-21.67M	-21.86M	-24.81M	-39.19M	-105M
Income Tax Expense	-	-	-	-	-3.66M
Earnings From Continuing Operations	-21.67M	-21.86M	-24.81M	-39.19M	-101M
Net Income to Company	-21.67M	-21.86M	-24.81M	-39.19M	-101M
Net Income - (IS)	-21.67M	-21.86M	-24.81M	-39.19M	-101M
Net Income to Common Incl Extra Items	-21.67M	-21.86M	-24.81M	-39.19M	-101M
Net Income to Common Excl. Extra Items	-21.67M	-21.86M	-24.81M	-39.19M	-101M
Per Share Items
Net EPS - Basic	-3.1	-2.55	-1.75	-1.07	-1.63
Basic EPS - Continuing Operations	-3.1	-2.55	-1.75	-1.07	-1.63
Basic Weighted Average Shares Outstanding	7M	8.58M	14.2M	36.66M	62.28M
Net EPS - Diluted	-3.1	-2.55	-1.75	-1.07	-1.63
Diluted EPS - Continuing Operations	-3.1	-2.55	-1.75	-1.07	-1.63
Diluted Weighted Average Shares Outstanding	7M	8.58M	14.2M	36.66M	62.28M
Normalized Basic EPS	-1.94	-1.59	-1.03	-0.67	-1.04
Normalized Diluted EPS	-1.94	-1.59	-1.03	-0.67	-1.04
Supplemental Items
EBITDA	-10.58M	-20.56M	-17.39M	-37.98M	-106M
EBITA	-10.62M	-20.95M	-19.26M	-38.29M	-111M
EBIT	-10.62M	-20.95M	-19.26M	-38.29M	-111M
EBITDAR	-10.28M	-19.94M	-16.46M	-36.96M	-104M
Effective Tax Rate - (Ratio)	-	-	-	-	3.48
Current Domestic Taxes	-	-	-	-	1.05M
Total Current Taxes	-	-	-	-	1.05M
Deferred Domestic Taxes	-	-	-	-	-4.62M
Deferred Foreign Taxes	-	-	-	-	-84K
Total Deferred Taxes	-	-	-	-	-4.7M
Normalized Net Income	-13.54M	-13.66M	-14.59M	-24.49M	-65M
Interest on Long-Term Debt	-	-	72.64K	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	184K	390K	200K
Selling and Marketing Expenses	140K	525K	605K	577K	2.89M
General and Administrative Expenses	2.17M	3.16M	4.57M	10.04M	35.65M
Research And Development Expense From Footnotes	7.09M	13.57M	9.95M	24.26M	45.27M
Net Rental Expense, Total	297K	621K	934K	1.02M	2.07M
Imputed Operating Lease Interest Expense	-	-	2.85M	1.65M	13.09K
Imputed Operating Lease Depreciation	-	-	-1.92M	-632K	2.06M
Stock-Based Comp., R&D Exp. (Total)	-	157K	417K	11.49M	9.83M
Stock-Based Comp., S&M Exp. (Total)	-	4.04K	19.4K	83.3K	346K
Stock-Based Comp., G&A Exp. (Total)	8.71K	23.65K	59K	2.83M	10.42M
Stock-Based Comp., SG&A Exp. (Total)	-	14.62K	49.14K	146K	661K
Total Stock-Based Compensation	8.71K	199K	544K	14.55M	21.25M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	7.97M	2.72M	6.76K	123M	106M
Short Term Investments	-	-	-	-	127M
Total Cash And Short Term Investments	7.97M	2.72M	6.76K	123M	233M
Accounts Receivable, Total	-	23.7K	2.96K	86.8K	851K
Other Receivables	-	-	-	192K	696K
Total Receivables	-	23.7K	2.96K	278K	1.55M
Inventory	463K	618K	774K	310K	-
Prepaid Expenses	-	81.34K	677K	1.4M	6.04M
Other Current Assets, Total	11.16K	-	-	-	77K
Total Current Assets	8.44M	3.44M	1.46M	125M	241M
Gross Property Plant And Equipment	162K	5.02M	3.13M	16.38M	58.85M
Accumulated Depreciation	-42.47K	-431K	-2.29M	-2.6M	-6.46M
Net Property Plant And Equipment	120K	4.59M	831K	13.77M	52.38M
Long-term Investments	-	-	-	-	26.34M
Goodwill	-	-	-	-	15.53M
Other Intangibles, Total	-	-	-	-	31.31M
Other Long-Term Assets, Total	96.65K	513K	513K	578K	1.11M
Total Assets	8.66M	8.54M	2.8M	140M	368M
Liabilities
Accounts Payable, Total	336K	162K	2.05M	4.9M	5.01M
Accrued Expenses, Total	-	37.43K	256K	654K	6.48M
Short-term Borrowings	-	-	70K	-	-
Current Portion of Long-Term Debt	-	1M	1M	-	-
Current Portion of Leases	-	2.7M	2.86M	1.23M	1.8M
Unearned Revenue Current, Total	-	-	-	20.1K	2K
Total Current Liabilities	336K	3.9M	6.24M	6.81M	13.3M
Long-Term Debt	-	1.21M	231K	-	-
Long-Term Leases	-	2.57M	211K	1.11M	3.45M
Deferred Tax Liability Non Current	-	-	-	-	255K
Other Non Current Liabilities	-	13.31M	159K	-	-
Total Liabilities	336K	21M	6.84M	7.92M	17.01M
Preferred Stock Convertible	95	98	-	-	-
Total Preferred Equity	95	98	-	-	-
Common Stock, Total	89	85	2.45K	5.13K	7K
Additional Paid In Capital	29.99M	31.23M	64.47M	239M	559M
Retained Earnings	-21.67M	-43.52M	-68.33M	-108M	-209M
Comprehensive Income and Other	1	-166K	-170K	-	138K
Total Common Equity	8.32M	-12.45M	-4.03M	132M	351M
Total Equity	8.32M	-12.45M	-4.03M	132M	351M
Total Liabilities And Equity	8.66M	8.54M	2.8M	140M	368M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7M	8.5M	24.51M	56.81M	75.64M
ECS Total Common Shares Outstanding	7M	8.5M	24.51M	51.29M	74.73M
Book Value / Share	1.19	-1.47	-0.16	2.57	4.69
Tangible Book Value	8.32M	-12.45M	-4.03M	132M	304M
Tangible Book Value Per Share	1.19	-1.47	-0.16	2.57	4.07
Total Debt	0	7.48M	4.37M	2.34M	5.25M
Net Debt	-7.97M	4.77M	4.37M	-121M	-254M
Debt Equivalent Oper. Leases	2.37M	4.97M	7.47M	8.13M	16.59M
Account Code - Inventory Valuation	-	8	8	8	3
Machinery, Total	162K	3.81M	2.34M	6.74M	49.71M
Full Time Employees	-	71	67	120	370
Part Time Employees	-	-	-	1	10

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-21.67M	-21.86M	-24.81M	-39.19M	-101M
Depreciation & Amortization - CF	42.47K	388K	1.86M	310K	5.72M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	17K
Depreciation & Amortization, Total	42.47K	388K	1.86M	310K	5.73M
Amortization of Deferred Charges, Total - (CF)	-	13.6K	1.81M	1.68M	2.48M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-1.07M
Asset Writedown & Restructuring Costs	-	-	1.47M	-	-
Stock-Based Compensation (CF)	8.71K	195K	544K	14.55M	21.25M
Other Operating Activities, Total	11.04M	266K	1.82M	222K	-4.7M
Change In Accounts Receivable	-	-23.7K	20.74K	-83.85K	-697K
Change In Inventories	-463K	-155K	-156K	465K	-
Change In Accounts Payable	336K	-174K	1.89M	872K	-2.02M
Change in Unearned Revenues	-	-	-	20.1K	-18K
Change in Other Net Operating Assets	-11.16K	-57.38K	-417K	-388K	162K
Cash from Operations	-10.71M	-21.4M	-15.97M	-21.54M	-80.24M
Capital Expenditure	-162K	-3.64M	-4.91K	-10.25M	-37.33M
Cash Acquisitions	-	-	-	-	-7.5M
Sale (Purchase) of Intangible assets	-	-	-	-	-405K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-152M
Other Investing Activities, Total	-96.65K	-416K	-	-65.58K	-506K
Cash from Investing	-259K	-4.06M	-4.91K	-10.32M	-198M
Short Term Debt Issued, Total	-	-	3.32M	4.84M	-
Long-Term Debt Issued, Total	-	6.96M	750K	-	-
Total Debt Issued	-	6.96M	4.07M	4.84M	-
Short Term Debt Repaid, Total	-	-	-449K	-70K	-
Long-Term Debt Repaid, Total	-	-629K	-3.46M	-3.03M	-186K
Total Debt Repaid	-	-629K	-3.91M	-3.1M	-186K
Issuance of Common Stock	7.93M	12.89M	15.4M	158M	261M
Repurchase of Common Stock	-	-	-3	-	-
Issuance of Preferred Stock	11M	1M	-	-	-
Other Financing Activities, Total	-	-	-2.29M	-4.15M	48K
Cash from Financing	18.93M	20.21M	13.27M	155M	261M
Foreign Exchange Rate Adjustments	-	-	-	-	1K
Miscellaneous Cash Flow Adjustments	1	-	-	-	-1K
Net Change in Cash	7.97M	-5.25M	-2.71M	123M	-17.03M
Supplemental Items
Cash Interest Paid	-	623K	507K	203K	224K
Levered Free Cash Flow	-	-16.92M	-7.86M	-15.33M	-77.64M
Unlevered Free Cash Flow	-	-16.54M	-8.26M	-16.58M	-77.64M
Change In Net Working Capital	-	386K	-1.38M	-2.74M	-241K
Net Debt Issued / Repaid	-	6.33M	155K	1.74M	-186K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	-152.27	-212.12	-33.61	-27.44
Return on Total Capital	-	-781.48	520.01	-35.62	-28.41
Return On Equity %	-	1.06K	301.04	-61.41	-42.02
Return on Common Equity	-	1.06K	301.02	-61.41	-42.02
Margin Analysis
Gross Profit Margin %	-	-965.14	-733.68	-4.15	-580.23
SG&A Margin	-	5.89K	3.86K	783.48	1.92K
EBITDA Margin %	-	-19.07K	-8.38K	-2.1K	-3.98K
EBITA Margin %	-	-19.43K	-9.28K	-2.11K	-4.2K
EBIT Margin %	-	-19.43K	-9.28K	-2.11K	-4.2K
Income From Continuing Operations Margin %	-	-20.27K	-11.96K	-2.16K	-3.82K
Net Income Margin %	-	-20.27K	-11.96K	-2.16K	-3.82K
Net Avail. For Common Margin %	-	-20.27K	-11.96K	-2.16K	-3.82K
Normalized Net Income Margin	-	-12.67K	-7.03K	-1.35K	-2.45K
Levered Free Cash Flow Margin	-	-15.7K	-3.79K	-845.62	-2.93K
Unlevered Free Cash Flow Margin	-	-15.34K	-3.98K	-914.73	-2.93K
Asset Turnover
Asset Turnover	-	0.01	0.04	0.03	0.01
Fixed Assets Turnover	-	0.05	0.08	0.25	0.08
Receivables Turnover (Average Receivables)	-	-	15.57	40.39	5.65
Inventory Turnover (Average Inventory)	-	2.12	2.48	3.48	-
Short Term Liquidity
Current Ratio	25.1	0.88	0.23	18.4	18.13
Quick Ratio	23.69	0.7	0	18.15	17.67
Operating Cash Flow to Current Liabilities	-31.84	-5.49	-2.56	-3.16	-6.03
Days Sales Outstanding (Average Receivables)	-	-	23.44	9.06	64.57
Days Outstanding Inventory (Average Inventory)	-	171.89	146.89	105.1	-
Average Days Payable Outstanding	-	69.78	214.07	894.07	-
Cash Conversion Cycle (Average Days)	-	-	-43.75	-779.91	-
Long Term Solvency
Total Debt/Equity	-	-60.1	-108.42	1.78	1.5
Total Debt / Total Capital	-	-150.6	1.29K	1.75	1.48
LT Debt/Equity	-	-30.4	-10.96	0.85	0.98
Long-Term Debt / Total Capital	-	-76.19	130.23	0.83	0.97
Total Liabilities / Total Assets	3.88	245.74	243.82	5.67	4.62
EBIT / Interest Expense	-	-32.93	-8.5	-56.26	-37.12K
EBITDA / Interest Expense	-	-31.34	-7.27	-54.31	-34.52K
(EBITDA - Capex) / Interest Expense	-	-37.07	-7.27	-69.38	-46.96K
Total Debt / EBITDA	-	-0.38	-0.27	-0.06	-0.05
Net Debt / EBITDA	0.75	-0.24	-0.27	3.27	2.46
Total Debt / (EBITDA - Capex)	-	-0.32	-0.27	-0.05	-0.04
Net Debt / (EBITDA - Capex)	0.74	-0.2	-0.27	2.56	1.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	92.49	773.3	46.22
Gross Profit, 1 Yr. Growth %	-	-	46.33	-95.06	20.41K
EBITDA, 1 Yr. Growth %	-	94.38	-15.42	118.34	178.14
EBITA, 1 Yr. Growth %	-	97.25	-8.09	98.81	190.82
EBIT, 1 Yr. Growth %	-	97.25	-8.09	98.81	190.86
Earnings From Cont. Operations, 1 Yr. Growth %	-	0.88	13.54	57.94	158.63
Net Income, 1 Yr. Growth %	-	0.88	13.54	57.94	158.63
Normalized Net Income, 1 Yr. Growth %	-	0.88	6.82	67.88	165.39
Diluted EPS Before Extra, 1 Yr. Growth %	-	-17.76	-44.87	-38.8	52.22
Accounts Receivable, 1 Yr. Growth %	-	-	-87.53	2.84K	878.16
Inventory, 1 Yr. Growth %	-	33.41	25.25	-60	-
Net Property, Plant and Equip., 1 Yr. Growth %	-	3.74K	-81.91	1.56K	280.38
Total Assets, 1 Yr. Growth %	-	-1.3	-67.18	4.88K	163.43
Tangible Book Value, 1 Yr. Growth %	-	-249.66	-67.61	-3.36K	130.79
Common Equity, 1 Yr. Growth %	-	-249.66	-67.61	-3.36K	166.36
Cash From Operations, 1 Yr. Growth %	-	99.85	-25.38	34.88	272.49
Capital Expenditures, 1 Yr. Growth %	-	2.15K	-99.87	209K	264.16
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-53.56	94.98	381.49
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-50.09	100.79	368.3
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	310.01	257.4
Gross Profit, 2 Yr. CAGR %	-	-	-	-73.13	217.83
EBITDA, 2 Yr. CAGR %	-	-	28.22	35.9	146.43
EBITA, 2 Yr. CAGR %	-	-	34.65	35.18	140.46
EBIT, 2 Yr. CAGR %	-	-	34.65	35.18	140.47
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	7.02	33.91	102.11
Net Income, 2 Yr. CAGR %	-	-	7.02	33.91	102.11
Normalized Net Income, 2 Yr. CAGR %	-	-	3.8	33.91	111.08
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-24.88	-41.92	-3.48
Accounts Receivable, 2 Yr. CAGR %	-	-	-	91.39	1.6K
Inventory, 2 Yr. CAGR %	-	-	29.26	-29.22	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	163.55	73.17	694.01
Total Assets, 2 Yr. CAGR %	-	-	-43.08	304.21	1.05K
Tangible Book Value, 2 Yr. CAGR %	-	-	-30.37	225.18	768.02
Common Equity, 2 Yr. CAGR %	-	-	-30.37	225.18	832.52
Cash From Operations, 2 Yr. CAGR %	-	-	22.12	0.33	124.15
Capital Expenditures, 2 Yr. CAGR %	-	-	-82.59	67.71	8.62K
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-4.84	214.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	0.11	206.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	190.78
Gross Profit, 3 Yr. CAGR %	-	-	-	-	145.42
EBITDA, 3 Yr. CAGR %	-	-	-	53.12	72.54
EBITA, 3 Yr. CAGR %	-	-	-	53.33	74.51
EBIT, 3 Yr. CAGR %	-	-	-	53.33	74.52
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	21.84	66.77
Net Income, 3 Yr. CAGR %	-	-	-	21.84	66.77
Normalized Net Income, 3 Yr. CAGR %	-	-	-	21.84	68.2
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-29.84	-19.92
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	229.92
Inventory, 3 Yr. CAGR %	-	-	-	-12.57	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	386.47	125.1
Total Assets, 3 Yr. CAGR %	-	-	-	152.65	250.45
Tangible Book Value, 3 Yr. CAGR %	-	-	-	151.07	190.06
Common Equity, 3 Yr. CAGR %	-	-	-	151.07	204.26
Cash From Operations, 3 Yr. CAGR %	-	-	-	26.23	55.35
Capital Expenditures, 3 Yr. CAGR %	-	-	-	298.44	117.17
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	66.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	67.43