Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Gauzy Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2024
FY2024
Revenue
78
104
Cost of revenue
58
73.8
Gross profit
19.9
29.7
Research and development
16
17.6
Selling and marketing
15.3
16.1
General and administrative
16.2
22.2
Operating expenses
51.9
60.5
Operating income
-32
-30.8
Interest expense
13.5
11.5
Other non-operating income
-47.1
-22.3
Pre-tax income
-79.1
-53.1
Income tax
0.18
0.06
Net income
-79.3
-53.2
EBITDA
-26.3
-24.1
EPS, basic
-18.19
-4.11
EPS, diluted
-18.19
-4.11
Shares, basic (weighted)
4.36
12.9
Shares, diluted (weighted)
4.36
12.9
Balance sheet
FY2024
FY2024
Cash and equivalents
4.58
5.62
Receivables
19.7
24.4
Inventory
13.2
15.9
Other current assets
2.05
4.41
Total current assets
46.5
54.6
Property, plant and equipment
20.5
27.5
Lease right-of-use assets
12.4
10.5
Goodwill
21.6
20.3
Intangible assets
23.9
19.3
Other non-current assets
1
2.71
Total assets
128
138
Accounts payable
14
18.1
Accrued liabilities
6.77
5.81
Deferred revenue
0.74
0.88
Short-term debt
14.3
Total current liabilities
64.9
56.7
Lease liabilities
9.11
7.53
Other non-current liabilities
0.93
0.95
Total liabilities
194
89.9
Total debt
14.3
34.7
Paid-in capital
35.1
275
Retained earnings
-172
-225
Other comprehensive income
-0.52
-2.91
Shareholders' equity
-137
48.3
Total equity
-137
48.3
Total liabilities and equity
128
138
Shares outstanding
5.28
18.7
Cash flow statement
FY2024
FY2024
Net income
-79.3
0.19
Depreciation and amortization
5.71
6.68
Stock-based compensation
2.57
6.61
Change in receivables
-5.4
-5.93
Change in inventory
-2.27
-3.33
Cash from operations
-31.1
-31.9
Capital expenditures
-5.93
-11.6
Cash from investing
-10.6
-11.5
Debt repaid
-5.4
-59.7
Stock issued
0
0.01
Cash from financing
41.7
44.6
Net change in cash
-0.05
1.21
Free cash flow
-37
-43.5
Interest paid
6.91
6.78
Income taxes paid
0.05
0.11
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $5.32 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
28.7%
Gross profit / revenue.
Operating margin
-29.7%
Operating income / revenue.
EBITDA margin
-23.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-51.3%
Pre-tax income / revenue.
Net margin
-51.4%
Net income / revenue.
FCF margin
-42.0%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-30.8%
Cash from operations / revenue.
Return on assets (ROA)
-40.0%
Net income / average total assets.
R&D / revenue
17.0%
Research and development expense / revenue.
Stock-based pay / revenue
6.4%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
11.2%
Capital expenditures / revenue.
D&A / revenue
6.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
32.8%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
49.1%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
8.1%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
196.7%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.96x
Current assets / current liabilities.
Quick ratio
0.53x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.10x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.72x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
25.1%
Total debt / total assets.
Liabilities / assets
65.0%
Total liabilities / total assets.
Net debt
$29.1M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$4.11
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$4.11
Net income per basic share, as reported (split-adjusted).
Revenue per share
$8.01
Revenue / diluted weighted shares.
FCF per share
-$3.37
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$2.47
Cash from operations / diluted weighted shares.
Book value per share
$2.58
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.96x
Market cap / revenue.
P/B
2.06x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
11.4x
Market cap / tangible book value, when positive.
EV/Sales
1.24x
Enterprise value / revenue.
FCF yield
-43.6%
Free cash flow / market cap.
Earnings yield
-53.3%
Net income / market cap (the inverse of P/E).
What was Gauzy Ltd.'s revenue in fiscal 2024?
Gauzy Ltd. reported revenue of $103.5M for fiscal 2024, 32.8% higher than the year before.
Was Gauzy Ltd. profitable in fiscal 2024?
No. It reported a net loss of $53.2M.
How much free cash flow did Gauzy Ltd. generate in fiscal 2024?
Cash from operations of $31.9M minus capital expenditures of $11.6M left free cash flow of -$43.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.