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Serve Robotics (SERV) Financials

Serve Robotics logo
$12.81 +1.47 (+12.96%)
Closing price 04:00 PM Eastern
Extended Trading
$12.86 +0.05 (+0.39%)
As of 07:59 PM Eastern
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Annual Income Statements for Serve Robotics

Annual Income Statements for Serve Robotics

This table shows Serve Robotics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders		 -39 -25 -22
Consolidated Net Income / (Loss)		 -39 -25 -22
Net Income / (Loss) Continuing Operations		 -39 -25 -22
Total Pre-Tax Income 		-39 -25 -22
Total Operating Income		 -38 -21 -21
Total Gross Profit		 -0.08 -1.52 -1.04
Total Revenue		 1.81 0.21 0.11
Operating Revenue		 1.81 0.21 0.11
Total Cost of Revenue		 1.89 1.73 1.15
Operating Cost of Revenue		 1.89 1.73 1.15
Total Operating Expenses		 38 19 20
Selling, General & Admin Expense		 13 7.18 5.82
Marketing Expense		 0.58 0.61 0.53
Research & Development Expense		 24 9.95 14
Impairment Charge		 0.00 1.47 0.00
Total Other Income / (Expense), net		 -0.90 -4.09 -0.90
Interest & Investment Income		 -0.68 -2.26 -
Other Income / (Expense), net		 -0.22 -1.82 -0.27
Income Tax Expense		 0.00 0.00 0.00
Basic Earnings per Share		 ($1.07) ($1.75) ($3.17)
Weighted Average Basic Shares Outstanding		 36.66M 14.20M 6.90M
Diluted Earnings per Share		 ($1.07) ($1.75) -
Weighted Average Diluted Shares Outstanding		 36.66M 14.20M -
Weighted Average Basic & Diluted Shares Outstanding		 56.92M 24.83M -

Quarterly Income Statements for Serve Robotics

This table shows Serve Robotics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Net Income / (Loss) Attributable to Common Shareholders		 -13 -8.00 -9.04 -9.04 -7.06 -7.65 -4.97 -5.14
Consolidated Net Income / (Loss)		 -13 -8.00 -9.04 -9.04 -7.06 -7.65 -4.97 -5.14
Net Income / (Loss) Continuing Operations		 -13 -8.00 -9.04 -9.04 -7.06 -7.65 -4.97 -5.14
Total Pre-Tax Income 		-13 -8.00 -9.04 -9.04 -7.06 -7.65 -4.97 -5.14
Total Operating Income		 -14 -8.45 -8.56 -7.71 -6.82 -5.58 -4.10 -4.23
Total Gross Profit		 -0.66 -0.16 0.14 0.59 -0.36 -0.51 -0.33 -0.33
Total Revenue		 0.18 0.22 0.47 0.95 0.04 0.06 0.06 0.04
Operating Revenue		 0.18 0.22 0.47 0.95 0.04 0.06 0.06 0.04
Total Cost of Revenue		 0.83 0.38 0.33 0.35 0.40 0.57 0.39 0.37
Operating Cost of Revenue		 0.83 0.38 0.33 0.35 0.40 0.57 0.39 0.37
Total Operating Expenses		 13 8.29 8.70 8.31 6.46 5.07 3.77 3.90
Selling, General & Admin Expense		 6.19 2.90 2.74 1.55 2.10 1.99 1.56 1.54
Marketing Expense		 -0.09 0.38 0.17 0.12 0.12 0.12 0.08 0.28
Research & Development Expense		 6.82 5.01 5.79 6.64 2.78 2.96 2.13 2.08
Total Other Income / (Expense), net		 0.46 0.45 -0.48 -1.33 -0.24 -2.07 -0.86 -0.91
Basic Earnings per Share		 ($0.23) ($0.20) ($0.27) ($0.37) $0.17 ($0.41) ($0.74) ($0.77)
Weighted Average Basic Shares Outstanding		 36.66M 40.59M 33.80M 24.56M 14.20M 18.53M 6.68M 6.71M
Weighted Average Diluted Shares Outstanding		 36.66M 40.59M 33.80M 37.08M 14.20M 18.53M 6.68M -
Weighted Average Basic & Diluted Shares Outstanding		 56.92M 44.30M 39.60M 37.08M 24.83M - - -

Annual Cash Flow Statements for Serve Robotics

This table details how cash moves in and out of Serve Robotics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents		 123 -2.71 -5.25
Net Cash From Operating Activities		 -22 -16 -21
Net Cash From Continuing Operating Activities		 -22 -16 -21
Net Income / (Loss) Continuing Operations		 -39 -25 -22
Consolidated Net Income / (Loss)		 -39 -25 -22
Depreciation Expense		 0.31 1.86 0.39
Amortization Expense		 1.68 1.81 0.01
Non-Cash Adjustments To Reconcile Net Income		 15 3.68 0.46
Changes in Operating Assets and Liabilities, net		 1.06 1.48 -0.41
Net Cash From Investing Activities		 -10 -0.00 -4.06
Net Cash From Continuing Investing Activities		 -10 -0.00 -4.06
Purchase of Property, Plant & Equipment		 -10 -0.00 -4.06
Net Cash From Financing Activities		 155 13 20
Net Cash From Continuing Financing Activities		 155 13 20
Repayment of Debt		 -1.32 -2.20 -0.63
Repurchase of Common Equity		 0.00 -0.00 0.00
Issuance of Debt		 4.84 4.07 2.50
Issuance of Common Equity		 131 10 13
Other Financing Activities, net		 21 0.95 4.46
Cash Interest Paid		 0.20 0.51 0.62
Cash Income Taxes Paid		 0.00 0.00 0.00

Quarterly Cash Flow Statements for Serve Robotics

This table details how cash moves in and out of Serve Robotics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Net Change in Cash & Equivalents		 72 22 28 0.42 -3.50 3.48 -0.85 -1.85
Net Cash From Operating Activities		 -6.26 -5.46 -5.74 -4.08 -3.68 -5.70 -2.88 -3.71
Net Cash From Continuing Operating Activities		 -6.26 -5.46 -5.74 -4.08 -3.68 -5.70 -2.88 -3.71
Net Income / (Loss) Continuing Operations		 -13 -8.00 -9.04 -9.04 -7.06 -7.65 -4.97 -5.14
Consolidated Net Income / (Loss)		 -13 -8.00 -9.04 -9.04 -7.06 -7.65 -4.97 -5.14
Depreciation Expense		 0.27 0.01 0.01 0.02 0.47 0.47 0.47 0.47
Non-Cash Adjustments To Reconcile Net Income		 4.85 2.22 3.27 4.26 0.72 1.53 0.47 0.96
Changes in Operating Assets and Liabilities, net		 1.73 0.30 -0.45 -0.53 1.21 -0.40 0.69 -0.01
Net Cash From Investing Activities		 -4.92 -4.60 -0.79 -0.00 -0.00 -0.00 - 0.00
Net Cash From Continuing Investing Activities		 -4.92 -4.60 -0.79 -0.00 -0.00 -0.00 - 0.00
Purchase of Property, Plant & Equipment		 -4.92 -4.60 -0.79 -0.00 -0.00 -0.00 - 0.00
Net Cash From Financing Activities		 84 32 35 4.50 0.18 9.19 2.03 1.86
Net Cash From Continuing Financing Activities		 84 32 35 4.50 0.18 9.19 2.03 1.86
Issuance of Common Equity		 78 17 36 0.00 0.42 10 -2.67 2.67
Other Financing Activities, net		 5.94 11 4.11 0.01 -0.06 -3.34 4.35 0.00
Cash Interest Paid		 0.14 0.01 0.01 0.04 0.25 0.18 0.04 0.04

Annual Balance Sheets for Serve Robotics

This table presents Serve Robotics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets		 140 2.80 8.54
Total Current Assets		 125 1.46 3.44
Cash & Equivalents		 123 0.01 2.72
Accounts Receivable		 0.28 0.00 0.02
Inventories, net		 0.31 0.77 0.62
Prepaid Expenses		 1.40 0.68 0.08
Plant, Property, & Equipment, net		 12 0.05 3.38
Total Noncurrent Assets		 2.39 1.30 1.73
Other Noncurrent Operating Assets		 2.39 1.30 1.73
Total Liabilities & Shareholders' Equity		 140 2.80 8.54
Total Liabilities		 7.92 6.84 21
Total Current Liabilities		 6.81 6.24 3.90
Short-Term Debt		 0.00 1.07 1.00
Accounts Payable		 4.90 2.05 0.16
Accrued Expenses		 0.65 0.26 0.04
Current Deferred Revenue		 0.02 0.00 -
Other Current Liabilities		 1.23 2.86 2.86
Total Noncurrent Liabilities		 1.11 0.60 17
Long-Term Debt		 0.00 0.23 1.21
Noncurrent Employee Benefit Liabilities		 0.00 0.16 -
Other Noncurrent Operating Liabilities		 1.11 0.21 16
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 132 -4.03 -12
Total Preferred & Common Equity		 132 -4.03 -12
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 132 -4.03 -12
Common Stock		 239 64 31
Retained Earnings		 -108 -68 -44
Other Equity Adjustments		 0.00 -0.17 -0.17

Quarterly Balance Sheets for Serve Robotics

This table presents Serve Robotics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024
Period end date 9/30/2024 6/30/2024 3/31/2024
Total Assets		 61 33 4.25
Total Current Assets		 55 31 3.03
Cash & Equivalents		 51 29 0.43
Accounts Receivable		 0.01 0.09 0.27
Inventories, net		 0.33 0.71 0.74
Prepaid Expenses		 3.45 1.12 0.63
Other Current Assets		 0.18 0.18 0.97
Plant, Property, & Equipment, net		 5.41 0.82 0.03
Total Noncurrent Assets		 1.17 1.06 1.18
Other Noncurrent Operating Assets		 1.17 1.06 1.18
Total Liabilities & Shareholders' Equity		 61 33 4.25
Total Liabilities		 5.29 4.30 13
Total Current Liabilities		 5.15 4.27 13
Short-Term Debt		 0.00 0.75 5.55
Accounts Payable		 3.61 1.39 1.73
Accrued Expenses		 0.06 0.05 1.15
Current Deferred Revenue		 0.01 0.05 0.07
Other Current Liabilities		 1.48 2.03 4.41
Total Noncurrent Liabilities		 0.14 0.04 0.15
Long-Term Debt		 0.00 0.00 0.00
Noncurrent Employee Benefit Liabilities		 0.00 0.00 -
Other Noncurrent Operating Liabilities		 0.14 0.04 0.15
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 56 28 -8.81
Total Preferred & Common Equity		 56 28 -8.81
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 56 28 -8.81
Common Stock		 151 115 69
Retained Earnings		 -94 -86 -77
Other Equity Adjustments		 0.00 0.00 -0.17

Annual Metrics And Ratios for Serve Robotics

This table displays calculated financial ratios and metrics derived from Serve Robotics' official financial filings.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics		 - - -
Revenue Growth		 773.30% 92.49% 0.00%
EBITDA Growth		 -93.51% 9.34% 0.00%
EBIT Growth		 -70.78% -6.27% 0.00%
NOPAT Growth		 -84.72% 1.08% 0.00%
Net Income Growth		 -57.94% -13.54% 0.00%
EPS Growth		 38.86% 0.00% 0.00%
Operating Cash Flow Growth		 -34.88% 25.38% 0.00%
Free Cash Flow Firm Growth		 -53.52% 0.00% 0.00%
Invested Capital Growth		 407.18% 78.85% 0.00%
Revenue Q/Q Growth		 7.93% 0.00% 0.00%
EBITDA Q/Q Growth		 -27.80% 0.00% 0.00%
EBIT Q/Q Growth		 -21.27% 0.00% 0.00%
NOPAT Q/Q Growth		 -21.42% 0.00% 0.00%
Net Income Q/Q Growth		 -18.28% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 -13.65% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 59.90% 0.00% 0.00%
Profitability Metrics		 - - -
Gross Margin		 -4.15% -733.68% -965.14%
EBITDA Margin		 -2,015.07% -9,093.73% -19,307.41%
Operating Margin		 -2,112.51% -9,987.04% -19,433.54%
EBIT Margin		 -2,124.74% -10,864.78% -19,680.02%
Profit (Net Income) Margin		 -2,162.29% -11,955.83% -20,270.20%
Tax Burden Percent		 100.00% 100.00% 100.00%
Interest Burden Percent		 101.77% 110.04% 103.00%
Effective Tax Rate		 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -944.53% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -924.22% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 883.13% 0.00% 0.00%
Return on Equity (ROE)		 -61.41% 301.04% 175.51%
Cash Return on Invested Capital (CROIC)		 -451.08% 0.00% 0.00%
Operating Return on Assets (OROA)		 -54.09% -397.39% -248.35%
Return on Assets (ROA)		 -55.04% -437.30% -255.79%
Return on Common Equity (ROCE)		 -61.41% 301.05% 175.52%
Return on Equity Simple (ROE_SIMPLE)		 -29.76% 615.21% 175.51%
Net Operating Profit after Tax (NOPAT)		 -27 -15 -15
NOPAT Margin		 -1,478.76% -6,990.93% -13,603.48%
Net Nonoperating Expense Percent (NNEP)		 -20.31% 2,598.65% -1,434.39%
Return On Investment Capital (ROIC_SIMPLE)		 -20.35% 531.00% -
Cost of Revenue to Revenue		 104.15% 833.68% 1,065.14%
SG&A Expenses to Revenue		 738.31% 3,461.14% 5,399.04%
R&D to Revenue		 1,338.22% 4,792.82% 12,581.98%
Operating Expenses to Revenue		 2,108.37% 9,253.36% 18,468.40%
Earnings before Interest and Taxes (EBIT)		 -39 -23 -21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -37 -19 -21
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 4.54 0.00 0.00
Price to Tangible Book Value (P/TBV)		 4.54 0.00 0.00
Price to Revenue (P/Rev)		 329.95 192.73 370.99
Price to Earnings (P/E)		 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 56.42 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 261.94 198.96 366.35
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00
Leverage & Solvency		 - - -
Debt to Equity		 0.00 -0.32 -0.18
Long-Term Debt to Equity		 0.00 -0.06 -0.10
Financial Leverage		 -0.96 -0.05 0.04
Leverage Ratio		 1.12 -0.69 -0.69
Compound Leverage Factor		 1.14 -0.76 -0.71
Debt to Total Capital		 0.00% -47.61% -21.63%
Short-Term Debt to Total Capital		 0.00% -39.16% -9.77%
Long-Term Debt to Total Capital		 0.00% -8.45% -11.86%
Preferred Equity to Total Capital		 0.00% 0.00% -0.01%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 147.61% 121.64%
Debt to EBITDA		 0.00 -0.07 -0.11
Net Debt to EBITDA		 0.00 -0.07 0.02
Long-Term Debt to EBITDA		 0.00 -0.01 -0.06
Debt to NOPAT		 0.00 -0.09 -0.15
Net Debt to NOPAT		 0.00 -0.09 0.03
Long-Term Debt to NOPAT		 0.00 -0.02 -0.08
Altman Z-Score		 44.35 -59.10 -14.24
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% -0.01%
Liquidity Ratios		 - - -
Current Ratio		 18.40 0.23 0.88
Quick Ratio		 18.15 0.00 0.70
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 -38 -25 0.00
Operating Cash Flow to CapEx		 -208.78% -325,007.69% -527.04%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 -33.63
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 -40.02
Efficiency Ratios		 - - -
Asset Turnover		 0.03 0.04 0.01
Accounts Receivable Turnover		 12.88 15.57 4.55
Inventory Turnover		 3.48 2.48 1.86
Fixed Asset Turnover		 0.30 0.12 0.03
Accounts Payable Turnover		 0.54 1.56 7.09
Days Sales Outstanding (DSO)		 28.33 23.44 80.22
Days Inventory Outstanding (DIO)		 104.81 146.89 196.50
Days Payable Outstanding (DPO)		 672.16 233.38 51.50
Cash Conversion Cycle (CCC)		 -539.01 -63.06 225.22
Capital & Investment Metrics		 - - -
Invested Capital		 8.41 -2.74 -13
Invested Capital Turnover		 0.64 -0.03 -0.01
Increase / (Decrease) in Invested Capital		 11 10 0.00
Enterprise Value (EV)		 475 41 39
Market Capitalization		 598 40 40
Book Value per Share		 $2.97 ($0.28) ($1.81)
Tangible Book Value per Share		 $2.97 ($0.28) ($1.81)
Total Capital		 132 -2.73 -10
Total Debt		 0.00 1.30 2.21
Total Long-Term Debt		 0.00 0.23 1.21
Net Debt		 -123 1.29 -0.50
Capital Expenditures (CapEx)		 10 0.00 4.06
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -4.82 -3.71 -2.17
Debt-free Net Working Capital (DFNWC)		 118 -3.71 0.54
Net Working Capital (NWC)		 118 -4.78 -0.46
Net Nonoperating Expense (NNE)		 12 10 7.19
Net Nonoperating Obligations (NNO)		 -123 1.29 -0.50
Total Depreciation and Amortization (D&A)		 1.99 3.68 0.40
Debt-free, Cash-free Net Working Capital to Revenue		 -266.03% -1,788.99% -2,016.07%
Debt-free Net Working Capital to Revenue		 6,534.94% -1,785.73% 502.71%
Net Working Capital to Revenue		 6,534.94% -2,301.28% -424.77%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 ($1.07) ($1.75) $0.00
Adjusted Weighted Average Basic Shares Outstanding		 36.66M 14.20M 0.00
Adjusted Diluted Earnings per Share		 ($1.07) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 36.66M 24.83M 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 56.92M 24.83M 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -27 -13 -15
Normalized NOPAT Margin		 -1,478.76% -6,495.47% -13,603.48%
Pre Tax Income Margin		 -2,162.29% -11,955.83% -20,270.20%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 0.00 0.00 -33.35
NOPAT to Interest Expense		 0.00 0.00 -23.05
EBIT Less CapEx to Interest Expense		 0.00 0.00 -39.73
NOPAT Less CapEx to Interest Expense		 0.00 0.00 -29.43
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.01%

Quarterly Metrics And Ratios for Serve Robotics

This table displays calculated financial ratios and metrics derived from Serve Robotics' official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Growth Metrics		 - - - - - - - -
Revenue Growth		 311.62% 254.12% 655.33% 2,251.96% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 -148.25% -57.77% -134.47% -40.07% 0.00% 0.00% 0.00% 0.00%
EBIT Growth		 -99.04% -37.04% -96.39% -51.31% 0.00% 0.00% 0.00% 0.00%
NOPAT Growth		 -99.04% -51.41% -108.59% -82.42% 0.00% 0.00% 0.00% 0.00%
Net Income Growth		 -85.74% -4.58% -81.98% -75.90% 0.00% 0.00% 0.00% 0.00%
EPS Growth		 0.00% 51.22% 63.51% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 -70.36% 4.31% -99.59% -9.83% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth		 407.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 -20.63% -52.70% -50.53% 0.00% -31.72% 0.90% 54.05% 0.00%
EBITDA Q/Q Growth		 -57.70% -1.61% -28.11% 0.00% -0.22% -51.00% 23.47% 0.00%
EBIT Q/Q Growth		 -60.77% 3.78% -13.82% 0.00% -10.68% -37.88% 12.30% 0.00%
NOPAT Q/Q Growth		 -60.77% 1.29% -10.95% 0.00% -22.29% -35.99% 2.97% 0.00%
Net Income Q/Q Growth		 -64.07% 11.52% 0.01% 0.00% 7.62% -53.96% 3.34% 0.00%
EPS Q/Q Growth		 0.00% 25.93% 0.00% 0.00% 0.00% 44.59% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 -14.74% 4.93% -40.79% 0.00% 35.55% -98.28% 22.53% 0.00%
Free Cash Flow Firm Q/Q Growth		 -84.87% -73.97% -274.76% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 59.90% 1,113.33% 111.77% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - -
Gross Margin		 -373.09% -70.30% 30.39% 62.77% -834.24% -815.11% -531.15% -812.40%
EBITDA Margin		 -7,565.65% -3,807.64% -1,772.63% -684.55% -12,544.46% -8,546.20% -5,710.54% -11,494.43%
Operating Margin		 -7,720.99% -3,811.73% -1,826.67% -814.55% -15,967.03% -8,915.19% -6,614.60% -10,501.87%
EBIT Margin		 -7,720.99% -3,811.73% -1,873.98% -814.55% -15,967.03% -9,849.89% -7,207.65% -12,661.18%
Profit (Net Income) Margin		 -7,460.96% -3,609.14% -1,929.52% -954.67% -16,534.53% -12,220.85% -8,008.93% -12,764.89%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 96.63% 94.69% 102.96% 117.20% 103.55% 124.07% 111.12% 100.82%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -3,452.15% -1,703.02% -8,964.83% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -3,446.22% -1,694.83% -8,943.08% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 3,293.00% 1,536.06% 8,806.81% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -159.15% -166.95% -158.02% 326.06% 301.04% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 -451.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -196.54% -104.14% -86.95% -213.60% -584.01% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 -189.92% -98.61% -89.53% -250.35% -604.77% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 -159.15% -166.95% -158.02% 326.06% 301.05% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -58.98% -115.18% 326.06% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -9.50 -5.91 -5.99 -5.40 -4.77 -3.90 -2.87 -2.96
NOPAT Margin		 -5,404.69% -2,668.21% -1,278.67% -570.19% -11,176.92% -6,240.63% -4,630.22% -7,351.31%
Net Nonoperating Expense Percent (NNEP)		 -5.93% -8.19% -21.75% 142.13% 176.85% 0.00% 0.00% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 -7.22% - - - 174.74% - - -
Cost of Revenue to Revenue		 473.09% 170.30% 69.61% 37.23% 934.24% 915.11% 631.15% 912.40%
SG&A Expenses to Revenue		 3,520.59% 1,307.77% 585.97% 163.62% 4,906.66% 3,174.64% 2,521.36% 3,820.12%
R&D to Revenue		 3,878.87% 2,260.38% 1,235.74% 701.21% 6,497.84% 4,735.57% 3,428.03% 5,174.77%
Operating Expenses to Revenue		 7,347.90% 3,741.43% 1,857.07% 877.32% 15,132.79% 8,100.08% 6,083.45% 9,689.47%
Earnings before Interest and Taxes (EBIT)		 -14 -8.45 -8.78 -7.71 -6.82 -6.16 -4.47 -5.10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -13 -8.44 -8.30 -6.48 -5.36 -5.35 -3.54 -4.63
Valuation Ratios		 - - - - - - - -
Price to Book Value (P/BV)		 4.54 5.60 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 4.54 5.60 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 329.95 187.46 0.00 0.00 192.73 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 56.42 50.15 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 261.94 157.15 0.00 0.00 198.96 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - -
Debt to Equity		 0.00 0.00 0.03 -0.63 -0.32 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 -0.06 0.00 0.00 0.00
Financial Leverage		 -0.96 -0.91 -0.98 -0.58 -0.32 0.00 0.00 0.00
Leverage Ratio		 1.12 1.09 1.15 -0.48 -0.69 0.00 0.00 0.00
Compound Leverage Factor		 1.08 1.04 1.19 -0.57 -0.71 0.00 0.00 0.00
Debt to Total Capital		 0.00% 0.00% 2.57% -170.40% -47.61% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 2.57% -170.40% -39.16% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% -8.45% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 97.43% 270.40% 147.61% 0.00% 0.00% 0.00%
Debt to EBITDA		 0.00 0.00 -0.03 -0.27 -0.07 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 1.10 -0.25 -0.07 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 -0.01 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 -0.04 -0.33 -0.09 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 1.40 -0.30 -0.09 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 -0.02 0.00 0.00 0.00
Altman Z-Score		 44.94 34.10 0.00 0.00 -40.60 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - -
Current Ratio		 18.40 10.65 7.24 0.24 0.23 0.00 0.00 0.00
Quick Ratio		 18.15 9.88 6.77 0.05 0.00 0.00 0.00 0.00
Cash Flow Metrics		 - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -21 -11 -6.42 -1.71 0.00 0.00 0.00 0.00
Operating Cash Flow to CapEx		 -127.21% -118.77% -722.26% -122,107.19% -151,859.98% -228,806.38% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 -1.29 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 -3.07 0.00 0.00 0.00 -88.96
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 -3.08 0.00 0.00 0.00 -88.96
Efficiency Ratios		 - - - - - - - -
Asset Turnover		 0.03 0.03 0.05 0.26 0.04 0.00 0.00 0.00
Accounts Receivable Turnover		 12.88 128.21 16.32 4.19 15.57 0.00 0.00 0.00
Inventory Turnover		 3.48 4.44 2.33 2.33 2.48 0.00 0.00 0.00
Fixed Asset Turnover		 0.30 0.31 1.86 32.92 0.12 0.00 0.00 0.00
Accounts Payable Turnover		 0.54 0.40 1.19 0.99 1.56 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 28.33 2.85 22.36 87.16 23.44 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 104.81 82.13 156.90 156.72 146.89 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 672.16 904.88 306.93 367.05 233.38 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 -539.01 -819.90 -127.68 -123.17 -63.06 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - -
Invested Capital		 8.41 5.26 0.43 -3.68 -2.74 0.00 0.00 0.00
Invested Capital Turnover		 0.64 0.64 7.01 -0.60 -0.08 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 11 5.26 0.43 -3.68 0.00 0.00 0.00 0.00
Enterprise Value (EV)		 475 264 0.00 0.00 41 0.00 0.00 0.00
Market Capitalization		 598 315 0.00 0.00 40 40 40 40
Book Value per Share		 $2.97 $1.42 $0.84 ($0.36) ($0.28) $0.00 $0.00 $0.00
Tangible Book Value per Share		 $2.97 $1.42 $0.84 ($0.36) ($0.28) $0.00 $0.00 $0.00
Total Capital		 132 56 29 -3.26 -2.73 0.00 0.00 0.00
Total Debt		 0.00 0.00 0.75 5.55 1.30 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.23 0.00 0.00 0.00
Net Debt		 -123 -51 -28 5.12 1.29 0.00 0.00 0.00
Capital Expenditures (CapEx)		 4.92 4.60 0.79 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -4.82 -1.18 -1.42 -4.64 -3.71 0.00 0.00 0.00
Debt-free Net Working Capital (DFNWC)		 118 50 27 -4.21 -3.71 0.00 0.00 0.00
Net Working Capital (NWC)		 118 50 27 -9.76 -4.78 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 3.62 2.08 3.05 3.64 2.29 3.74 2.10 2.18
Net Nonoperating Obligations (NNO)		 -123 -51 -28 5.12 1.29 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 0.27 0.01 0.47 1.23 1.46 0.82 0.93 0.47
Debt-free, Cash-free Net Working Capital to Revenue		 -266.03% -70.37% -93.08% -416.42% -1,788.99% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 6,534.94% 2,961.33% 1,799.89% -378.04% -1,785.73% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 6,534.94% 2,961.33% 1,750.56% -876.19% -2,301.28% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.23) ($0.20) ($0.27) ($0.37) $0.17 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 36.66M 40.59M 33.80M 24.56M 14.20M 0.00 0.00 0.00
Adjusted Diluted Earnings per Share		 $0.00 ($0.20) ($0.27) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 36.66M 40.59M 33.80M 37.08M 14.20M 0.00 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 56.92M 44.30M 39.60M 37.08M 24.83M 0.00 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -9.50 -5.91 -5.99 -5.40 -4.77 -3.90 -2.87 -2.96
Normalized NOPAT Margin		 -5,404.69% -2,668.21% -1,278.67% -570.19% -11,176.92% -6,240.63% -4,630.22% -7,351.31%
Pre Tax Income Margin		 -7,460.96% -3,609.14% -1,929.52% -954.67% -16,534.53% -12,220.85% -8,008.93% -12,764.89%
Debt Service Ratios		 - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 -5.81 0.00 0.00 0.00 -122.09
NOPAT to Interest Expense		 0.00 0.00 0.00 -4.07 0.00 0.00 0.00 -70.89
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 -5.82 0.00 0.00 0.00 -122.09
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 -4.07 0.00 0.00 0.00 -70.89
Payout Ratios		 - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 1.08% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Serve Robotics' Financials

When does Serve Robotics's fiscal year end?

According to the most recent income statement we have on file, Serve Robotics' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Serve Robotics' net income changed over the last 2 years?

Serve Robotics' net income appears to be on an upward trend, with a most recent value of -$39.19 million in 2024, rising from -$21.86 million in 2022. The previous period was -$24.81 million in 2023. See Serve Robotics' forecast for analyst expectations on what’s next for the company.

What is Serve Robotics's operating income?
Serve Robotics's total operating income in 2024 was -$38.29 million, based on the following breakdown:
  • Total Gross Profit: -$75.16 thousand
  • Total Operating Expenses: $38.21 million
How has Serve Robotics revenue changed over the last 2 years?

Over the last 2 years, Serve Robotics' total revenue changed from $107.82 thousand in 2022 to $1.81 million in 2024, a change of 1,581.0%.

How much debt does Serve Robotics have?

Serve Robotics' total liabilities were at $7.92 million at the end of 2024, a 15.8% increase from 2023, and a 62.3% decrease since 2022.

How much cash does Serve Robotics have?

In the past 2 years, Serve Robotics' cash and equivalents has ranged from $6.76 thousand in 2023 to $123.27 million in 2024, and is currently $123.27 million as of their latest financial filing in 2024.

How has Serve Robotics' book value per share changed over the last 2 years?

Over the last 2 years, Serve Robotics' book value per share changed from -1.81 in 2022 to 2.97 in 2024, a change of -264.6%.


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This page (NASDAQ:SERV) was last updated on 5/27/2025 by MarketBeat.com Staff
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