PRST · Presto Automation Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.45M | $4.89M | $7.78M | $7.70M | $6.61M | $7.23M | - | - | - | - |
| Cost of Revenue | $4.29M | $5.84M | $4.68M | $6.48M | $6.52M | $6.82M | - | - | - | - |
| Gross Profit | $166.0K | ($952.0K) | $203.0K | $9.0K | $489.0K | $407.0K | - | - | - | - |
| R&D | $2.66M | $7.30M | $4.48M | $5.11M | $5.50M | $4.00M | - | - | - | - |
| SG&A | $10.76M | $9.73M | $7.07M | $6.28M | $7.41M | $479.0K | $1.07M | $731.8K | - | $189.3K |
| Total Operating Expenses | $15.47M | $18.95M | $13.47M | $13.62M | $8.99M | $7.58M | - | - | - | - |
| D&A | $100.0K | $300.0K | $300.0K | $498.0K | $200.0K | - | - | - | - | - |
| Operating Income | ($15.30M) | ($19.90M) | ($13.27M) | ($6.43M) | ($14.54M) | ($14.16M) | ($1.07M) | ($731.8K) | - | ($189.3K) |
| Interest Expense | $3.13M | $3.56M | $3.76M | $3.03M | $2.99M | $3.38M | - | - | - | - |
| Income Tax | $45.0K | - | ($4.0K) | $5.0K | ($3.0K) | - | $3.6K | - | - | - |
| Net Income | ($18.09M) | ($18.05M) | $5.37M | ($23.51M) | ($15.68M) | $34.79M | ($101.4K) | $955.2K | - | $814.6K |
| EPS - Basic | ($0.32) | ($0.31) | $0.09 | ($0.86) | ($0.30) | ($0.72) | $0.07 | $0.16 | - | - |
| EPS - Diluted | ($0.32) | ($0.31) | $0.08 | ($0.33) | ($0.23) | ($0.72) | $0.07 | - | - | - |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.24M | $3.38M | $3.29M | $15.14M | $26.98M | $59.25M | $406.3K | $606.7K | $313.2K | $65.6K |
| Accounts Receivable | $1.25M | $1.79M | $1.80M | $1.83M | $2.21M | - | - | - | - | - |
| Inventory | $181.0K | $312.0K | $520.0K | $629.0K | $395.0K | $484.0K | - | - | - | - |
| Accounts Payable | $4.11M | $3.60M | $1.95M | $3.29M | $3.27M | - | $60.0K | $30.0K | - | - |
| Current Assets | $8.16M | $18.77M | $18.16M | $31.07M | $35.20M | $69.46M | $476.1K | $381.5K | $417.2K | $626.3K |
| Total Assets | $20.43M | $30.87M | $34.14M | $46.69M | $48.61M | $79.86M | $13.31M | $176.39M | $174.68M | $174.89M |
| Current Liabilities | $71.53M | $67.80M | $63.47M | $61.21M | $66.67M | $25.75M | $1.91M | $941.8K | $445.7K | $308.3K |
| Long-term Debt | $58.76M | $55.63M | $53.09M | $52.02M | $53.98M | $115.11M | - | - | - | - |
| Total Liabilities | $78.60M | $72.69M | $70.21M | $91.91M | $70.84M | $78.69M | $4.57M | $4.40M | $3.65M | $1.98M |
| Stockholders' Equity | ($58.17M) | ($41.83M) | ($36.07M) | ($45.23M) | ($22.23M) | $1.17M | ($4.07M) | ($3.96M) | ($3.19M) | ($1.31M) |
| Retained Earnings | ($266.04M) | ($247.94M) | ($229.89M) | ($235.26M) | ($198.70M) | ($165.99M) | ($4.07M) | ($3.96M) | ($3.19M) | ($1.31M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($10.53M) | - | - | ($15.41M) | - | ($253.3K) | - | - |
| Investing Cash Flow | - | - | ($1.28M) | - | - | ($449.0K) | - | ($1.73M) | - | - |
| Financing Cash Flow | - | - | ($52.0K) | - | - | $333.0K | - | $1.93M | - | - |
| CapEx | - | - | $56.0K | - | - | $76.0K | - | - | - | - |
| Free Cash Flow | - | - | ($10.58M) | - | - | ($15.49M) | - | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 3.7% | -19.5% | 2.6% | 0.1% | 7.4% | 5.6% | - | - | - | - |
| Operating margin | -343.7% | -406.7% | -170.5% | -83.5% | -220.1% | -195.9% | - | - | - | - |
| EBITDA margin | -341.4% | -400.6% | -166.7% | -77.1% | -217.1% | - | - | - | - | - |
| Net margin | -406.4% | -369.0% | 69.1% | -305.4% | -237.3% | 481.2% | - | - | - | - |
| Free cash flow margin | - | - | -136.0% | - | - | -214.3% | - | - | - | - |
| FCF / Net income | - | - | -1.97 | - | - | -0.45 | - | - | - | - |
| R&D / Revenue | 59.8% | 149.2% | 57.6% | 66.4% | 83.2% | 55.3% | - | - | - | - |
| SG&A / Revenue | 241.6% | 198.8% | 90.9% | 81.5% | 112.1% | 6.6% | - | - | - | - |
| Effective tax rate | - | - | -0.1% | - | - | - | - | - | - | - |
| Return on assets | -88.6% | -58.5% | 15.7% | -50.4% | -32.3% | 43.6% | -0.8% | 0.5% | - | 0.5% |
| Return on equity | 31.1% | 43.2% | -14.9% | 52.0% | 70.5% | 2981.1% | 2.5% | -24.1% | - | -62.0% |
| Return on invested capital | -2038.3% | - | -78.0% | -74.8% | -36.2% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.11 | 0.28 | 0.29 | 0.51 | 0.53 | 2.70 | 0.25 | 0.41 | 0.94 | 2.03 |
| Quick ratio | 0.11 | 0.27 | 0.28 | 0.50 | 0.52 | 2.68 | 0.25 | 0.41 | 0.94 | 2.03 |
| Cash ratio | 0.06 | 0.05 | 0.05 | 0.25 | 0.40 | 2.30 | 0.21 | 0.64 | 0.70 | 0.21 |
| Leverage | ||||||||||
| Debt / Equity | -1.01 | -1.33 | -1.47 | -1.15 | -2.43 | 98.63 | - | - | - | - |
| Debt / Assets | 2.88 | 1.80 | 1.56 | 1.11 | 1.11 | 1.44 | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -4.9x | -5.6x | -3.5x | -2.1x | -4.9x | -4.2x | - | - | - | - |
| Equity multiplier | -0.35 | -0.74 | -0.95 | -1.03 | -2.19 | 68.43 | -3.27 | -44.53 | -54.74 | -133.17 |
| Liabilities / Assets | 3.85 | 2.36 | 2.06 | 1.97 | 1.46 | 0.99 | 0.34 | 0.02 | 0.02 | 0.01 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | 0.16 | 0.23 | 0.16 | 0.14 | 0.09 | - | - | - | - |
| Inventory turnover | 23.68 | 18.73 | 9.00 | 10.31 | 16.51 | 14.10 | - | - | - | - |
| Days sales outstanding | 102d | 134d | 84d | 87d | 122d | - | - | - | - | - |
| Days inventory outstanding | 15d | 19d | 41d | 35d | 22d | 26d | - | - | - | - |
| Days payable outstanding | 350d | 225d | 152d | 185d | 183d | - | - | - | - | - |
| Cash conversion cycle | -232d | -71d | -27d | -63d | -39d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 17.9x | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | 70.9x | - | - | - | - |
| P / S | 3.3x | 6.9x | 12.7x | 18.5x | 12.3x | 11.4x | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -32.6% | -36.4% | - | - | -8.6% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -66.1% | - | - | - | 20.1% | - | - | - | - | - |
| Operating income growth (YoY) | -5.2% | -209.5% | - | -503.1% | -2.7% | -7380.3% | -356.2% | -237.3% | - | - |
| Net income growth (YoY) | -15.4% | 23.2% | - | -23090.0% | - | 4170.8% | -119155.3% | -72.4% | - | - |
| EPS growth (YoY) | -39.1% | 6.1% | - | - | 68.1% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -161.6% | 7.5% | - | -1011.3% | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-06-30.
Product / service
$26.14M totalPlatform$13.23M · 50.6%
Transaction$12.90M · 49.4%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Presto Automation Inc. against the 5 most active filers in the same SIC group.