Xiao I Corp - Understand $aixi stock

$AIXI Market Cap: $45.76 Million

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Financial Snapshot

Revenue

$146.7M

TTM

Gross Margin

69.74%

TTM

Net Earnings

-$50.36M

TTM

Current Assets

$38.05M

Q4 2023

Current Liabilities

$57.66M

Q4 2023

Current Ratio

66.0%

Q4 2023

Total Assets

$66.33M

Q4 2023

Total Liabilities

$74.80M

Q4 2023

Book Value

-$8.467M

Q4 2023

Cash

$1.565M

Q4 2023

P/E

-0.9086

Nov 13, 2024 EST

Free Cash Flow

-$11.03M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020
Revenue	$59.17M	$48.18M	$32.52M	$13.86M
YoY Change	22.79%	48.15%	134.72%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020
Revenue	$59.17M	$48.18M	$32.52M	$13.86M
Cost Of Revenue	$19.74M	$17.38M	$10.89M	$7.228M
Gross Profit	$39.42M	$30.81M	$21.64M	$6.629M
Gross Profit Margin	66.63%	63.93%	66.53%	47.84%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020
Selling, General & Admin	$8.958M	$9.940M	$11.28M	$10.26M
YoY Change	-9.88%	-11.85%	9.9%
% of Gross Profit	22.72%	32.27%	52.12%	154.81%
Research & Development	$52.39M	$24.00M	$5.364M	$4.237M
YoY Change	118.27%	347.46%	26.61%
% of Gross Profit	132.88%	77.91%	24.79%	63.91%
Depreciation & Amortization	$692.8K	$182.3K	$173.1K	$168.8K
YoY Change	280.08%	5.32%	2.52%
% of Gross Profit	1.76%	0.59%	0.8%	2.55%
Operating Expenses	$61.35M	$33.94M	$16.64M	$14.50M
YoY Change	80.74%	103.96%	14.78%
Operating Profit	-$21.92M	-$3.136M	$4.997M	-$7.870M
YoY Change	599.1%	-162.75%	-163.5%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020
Interest Expense	-$2.245M	-$2.653M	-$2.012M	-$1.193M
YoY Change	-15.38%	31.84%	68.73%
% of Operating Profit			-40.27%
Other Income/Expense, Net	-$1.296M	-$2.209M	$932.6K	$1.770M
YoY Change	-41.33%	-336.86%	-47.32%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020
Pretax Income	-$23.22M	-$5.345M	$3.917M	-$7.292M
YoY Change	334.42%	-236.44%	-153.72%
Income Tax	$3.788M	$660.7K	$552.4K	-$235.9K
% Of Pretax Income			14.1%
Net Earnings	-$26.46M	-$6.005M	$3.678M	-$6.808M
YoY Change	340.64%	-263.29%	-154.02%
Net Earnings / Revenue	-44.73%	-12.46%	11.31%	-49.13%
Basic Earnings Per Share	-$1.12	-$0.27	$0.17	-$0.31
Diluted Earnings Per Share	-$1.12	-$0.27	$0.15	-$0.28

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020
Cash & Short-Term Investments	$2.339M	$1.026M	$1.312M	$673.4K
YoY Change	127.94%	-21.77%	94.82%
Cash & Equivalents	$1.565M	$1.026M	$1.312M	$366.9K
Short-Term Investments	$774.7K		$0.00	$306.5K
Other Short-Term Assets	$3.950M	$2.460M	$372.3K	$812.4K
YoY Change	60.54%	560.74%	-54.17%
Inventory	$67.83K	$768.2K	$768.8K	$273.4K
Prepaid Expenses
Receivables	$30.02M	$43.38M	$32.85M	$9.120M
Other Receivables	$1.680M	$793.7K	$498.8K	$1.213M
Total Short-Term Assets	$38.05M	$48.42M	$35.81M	$12.09M
YoY Change	-21.41%	35.24%	196.12%
Property, Plant & Equipment	$4.557M	$1.085M	$1.403M	$2.487M
YoY Change	320.06%	-22.67%	-43.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.650M	$2.852M	$335.5K	$482.5K
YoY Change	-7.08%	750.35%	-30.47%
Other Assets	$4.000M	$7.586M	$8.848M	$9.230M
YoY Change	-47.27%	-14.26%	-4.14%
Total Long-Term Assets	$28.28M	$12.16M	$11.38M	$13.09M
YoY Change	132.55%	6.82%	-13.0%
Total Assets	$66.33M	$60.58M	$47.19M	$25.18M
YoY Change
Accounts Payable	$13.67M	$9.181M	$5.582M	$2.188M
YoY Change	48.95%	64.47%	155.14%
Accrued Expenses	$4.615M	$7.212M	$3.894M	$3.544M
YoY Change	-36.01%	85.2%	9.88%
Deferred Revenue
YoY Change
Short-Term Debt	$26.76M	$22.54M	$14.83M	$13.92M
YoY Change	18.73%	51.93%	6.55%
Long-Term Debt Due	$5.026M	$6.485M	$4.381M	$2.571M
YoY Change	-22.5%	48.02%	70.4%
Total Short-Term Liabilities	$57.66M	$52.61M	$36.06M	$25.76M
YoY Change	9.6%	45.89%	39.99%
Long-Term Debt	$2.667M	$3.304M	$0.00	$0.00
YoY Change	-19.27%
Other Long-Term Liabilities	$14.47M	$13.65M	$14.51M	$6.047M
YoY Change	6.0%	-5.9%	139.96%
Total Long-Term Liabilities	$17.14M	$16.96M	$14.51M	$6.047M
YoY Change	1.07%	16.87%	139.96%
Total Liabilities	$71.20M	$66.47M	$47.38M	$28.98M
YoY Change	7.11%	40.29%	63.46%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	23.65M shares	22.12M shares	22.12M shares	22.12M shares
Diluted Shares Outstanding	23.65M shares	22.12M shares	22.36M shares	22.12M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $45.758 Million

About Xiao-I Corp

Xiao-I Corp. operates as a holding company, which through its subsidiaries primarily engages in Internet technology development. The company is headquartered in Shanghai, Shanghai and currently employs 281 full-time employees. The company went IPO on 2023-03-09. The firm provides smart city, software business and architectural design AI services covering fundamental tech platform, conversation bot, cloud services, industry solutions and robotics solutions. The firm mainly conducts business in the domestic market.

Industry: Services-Prepackaged Software Peers: Agora Inc Tuya Inc.