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Annual figures as reported in 10-K / 20-F / 40-F filings.
STAI · CIK 0001994624

ScanTech AI Systems Inc.

Annual figures as reported, FY2022–FY2024. Ratios and growth rates derived on-page.

STAI logo
Instruments For Meas & Testing of Electricity & Elec Signals
Company profile
OTC · STAIHQ New York, NYIncorporated in DEFiscal year ends Dec 31 Emerging growth company
Revenue
$542K
Net income
−$23.1M
▲ +35.1% vs FY2023
Free cash flow
−$6.6M
▼ −21.8% vs FY2023
Diluted EPS
−$0.08
▲ +60.0% vs FY2023

Net income

Losses shown in terracotta

−30M−20M−10M0’23’24−$23.1M

Recent quarters

momentum · last 12 quarters
Revenue — Sep ’25 quarter
$631K
Net income — Sep ’25 quarter
−$9.7M
▲ +58.7% vs Sep ’24
Diluted EPS — trailing 12 months
$2.30

Quarterly revenue

Discrete quarters; Q4 derived from the annual figure

0250K500K750KJun ’24Mar ’25Jun ’25Sep ’25$631K

Quarterly net income

Losses shown in terracotta

−20M020MMar ’24Sep ’24Mar ’25Sep ’25−$9.7M
QuarterRevenueRev. YoYGross marginNet incomeNet marginDiluted EPS
Sep ’25$631K—27.6%−$9.7M−1532.9%−$0.16
Jun ’25$884K69.3%14.3%−$6.9M−785.1%−$0.16
Mar ’25$346K—29.4%−$17.9M−5174.2%−$0.77
Jun ’24$522K—14.2%−$5.7M−1093.0%−$0.44

Profitability & returns

quality of earnings

Returns on capital

Net income vs year-end equity and assets

-2000%-1000%0%’23’24

Cash flow

cash generation

Free cash flow

Operating cash flow less capital expenditure

−6M−4M−2M0’23’24−$6.6M

Operating cash flow

Net cash from operations

−6M−4M−2M0’23’24−$6.6M

Shareholder returns

capital allocation

Diluted shares outstanding

Falling count means buybacks outpace dilution

0100M200M300M’23’24312M

Balance sheet

financial position

Net debt

Long-term debt less cash — negative means net cash

020M40M’23’24$50.0M

Key ratios

derived per fiscal year
Fiscal yearGross marginOp. marginNet marginFCF marginROACurrent ratio
FY202417.4%−1644.8%−4254.4%−1221.8%−1071.4%0.01×
FY2023————−2633.6%0.01×
FY2022——————

Annual figures

as reported
Fiscal yearRevenueGross profitOp. incomeNet incomeDiluted EPSOp. cash flowCapexTotal assetsLiabilitiesEquityCashLT debt
FY2024$542K$94K−$8.9M−$23.1M−$0.08−$6.6M$2K$2.2M$157.7M—$0$50.0M
FY2023——−$9.6M−$35.5M−$0.20−$5.4M$5K$1.3M$133.8M—$44K$43.6M
FY2022——————————$93K—

Latest filings

the most recent regulatory filings
25-NSEDelisting notice2026-06-08 ↗NT 10-QSEC filing2026-05-18 ↗NT 10-KSEC filing2026-03-31 ↗SCHEDULE 13G/ASEC filing2026-02-17 ↗SCHEDULE 13D/ASEC filing2026-02-12 ↗4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES2026-02-12 ↗8-KCurrent report — material event2026-02-10 ↗8-KCurrent report — material event2026-02-06 ↗3OWNERSHIP DOCUMENT2026-01-29 ↗8-KCurrent report — material event2026-01-21 ↗

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