Cash flow Serve Robotics Inc.

Stocks

SERV

US81758H1068

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 01:30:00 01/08/2026 am IST			5-day change	1st Jan Change
4.780 ^USD	-0.62%		-0.62%	-53.95%

24/06	Serve Robotics Inc. Announces Board Change	CI
02/06	Serve Robotics Inc. And NoScrubs Enter Client Agreement For Autonomous Laundry Delivery	CI

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Published financial data: SERVE ROBOTICS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	-	1L	2L	18.12L	26.51L
Total Revenues	-	1L	2L	18.12L	26.51L
Cost of Goods Sold, Total	-	11.48L	17.3L	18.88L	1.8Cr
Gross Profit	-	-10.41L	-15.23L	-75.16T	-1.54Cr
Selling General & Admin Expenses, Total	35.3L	63.47L	80.07L	1.42Cr	5.08Cr
R&D Expenses	70.93L	1.36Cr	97.29L	2.4Cr	4.52Cr
Other Operating Expenses, Total	1.06Cr	1.99Cr	1.77Cr	3.82Cr	9.6Cr
Operating Income	-1.06Cr	-2.1Cr	-1.93Cr	-3.83Cr	-11Cr
Interest Expense, Total	-	-6L	-22.64L	-7L	-3T
Interest And Investment Income	-	-	-	-	72.71L
Net Interest Expenses	-	-6L	-22.64L	-7L	72.68L
Currency Exchange Gains (Loss)	-	-	-	-	2T
Other Non Operating Income (Expenses)	-1.1Cr	-3L	-18.22L	-2L	91T
EBT, Excl. Unusual Items	-2.17Cr	-2.19Cr	-2.33Cr	-3.92Cr	-10Cr
Merger & Related Restructuring Charges	-	-	-	-	-14L
Gain (Loss) On Sale Of Investments	-	-	-	-	4L
Asset Writedown	-	-	-14.69L	-	-
EBT, Incl. Unusual Items	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-11Cr
Income Tax Expense	-	-	-	-	-36.56L
Earnings From Continuing Operations	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-10Cr
Net Income to Company	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-10Cr
Net Income - (IS)	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-10Cr
Net Income to Common Incl Extra Items	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-10Cr
Net Income to Common Excl. Extra Items	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-10Cr
Per Share Items
Net EPS - Basic	-3.1	-2.55	-1.75	-1.07	-1.63
Basic EPS - Continuing Operations	-3.1	-2.55	-1.75	-1.07	-1.63
Basic Weighted Average Shares Outstanding	69.98L	85.83L	1.42Cr	3.67Cr	6.23Cr
Net EPS - Diluted	-3.1	-2.55	-1.75	-1.07	-1.63
Diluted EPS - Continuing Operations	-3.1	-2.55	-1.75	-1.07	-1.63
Diluted Weighted Average Shares Outstanding	69.98L	85.83L	1.42Cr	3.67Cr	6.23Cr
Normalized Basic EPS	-1.94	-1.59	-1.03	-0.67	-1.04
Normalized Diluted EPS	-1.94	-1.59	-1.03	-0.67	-1.04
Supplemental Items
EBITDA	-1.06Cr	-2.06Cr	-1.74Cr	-3.8Cr	-11Cr
EBITA	-1.06Cr	-2.1Cr	-1.93Cr	-3.83Cr	-11Cr
EBIT	-1.06Cr	-2.1Cr	-1.93Cr	-3.83Cr	-11Cr
EBITDAR	-1.03Cr	-1.99Cr	-1.65Cr	-3.7Cr	-10Cr
Effective Tax Rate - (Ratio)	-	-	-	-	3.48
Current Domestic Taxes	-	-	-	-	10.46L
Total Current Taxes	-	-	-	-	10.46L
Deferred Domestic Taxes	-	-	-	-	-46.18L
Deferred Foreign Taxes	-	-	-	-	-84T
Total Deferred Taxes	-	-	-	-	-47.02L
Normalized Net Income	-1.35Cr	-1.37Cr	-1.46Cr	-2.45Cr	-6.5Cr
Interest on Long-Term Debt	-	-	72.64T	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	2L	4L	2L
Selling and Marketing Expenses	1L	5L	6L	6L	28.93L
General and Administrative Expenses	21.69L	31.65L	45.69L	1Cr	3.56Cr
Research And Development Expense From Footnotes	70.93L	1.36Cr	99.47L	2.43Cr	4.53Cr
Net Rental Expense, Total	3L	6L	9L	10.17L	20.74L
Imputed Operating Lease Interest Expense	-	-	28.53L	16.49L	13.09T
Imputed Operating Lease Depreciation	-	-	-19.19L	-6L	20.61L
Stock-Based Comp., R&D Exp. (Total)	-	2L	4L	1.15Cr	98.29L
Stock-Based Comp., S&M Exp. (Total)	-	4.04T	19.4T	83.3T	3L
Stock-Based Comp., G&A Exp. (Total)	8.71T	23.65T	59T	28.34L	1.04Cr
Stock-Based Comp., SG&A Exp. (Total)	-	14.62T	49.14T	1L	7L
Total Stock-Based Compensation	8.71T	2L	5L	1.46Cr	2.13Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	79.66L	27.16L	6.76T	12Cr	11Cr
Short Term Investments	-	-	-	-	13Cr
Total Cash And Short Term Investments	79.66L	27.16L	6.76T	12Cr	23Cr
Accounts Receivable, Total	-	23.7T	2.96T	86.8T	9L
Other Receivables	-	-	-	2L	7L
Total Receivables	-	23.7T	2.96T	3L	15.47L
Inventory	5L	6L	8L	3L	-
Prepaid Expenses	-	81.34T	7L	13.97L	60.42L
Other Current Assets, Total	11.16T	-	-	-	77T
Total Current Assets	84.4L	34.39L	14.61L	13Cr	24Cr
Gross Property Plant And Equipment	2L	50.23L	31.25L	1.64Cr	5.88Cr
Accumulated Depreciation	-42.47T	-4L	-22.95L	-26.04L	-64.65L
Net Property Plant And Equipment	1L	45.92L	8L	1.38Cr	5.24Cr
Long-term Investments	-	-	-	-	2.63Cr
Goodwill	-	-	-	-	1.55Cr
Other Intangibles, Total	-	-	-	-	3.13Cr
Other Long-Term Assets, Total	96.65T	5L	5L	6L	11.07L
Total Assets	86.57L	85.44L	28.05L	14Cr	37Cr
Liabilities
Accounts Payable, Total	3L	2L	20.51L	49.02L	50.14L
Accrued Expenses, Total	-	37.43T	3L	7L	64.82L
Short-term Borrowings	-	-	70T	-	-
Current Portion of Long-Term Debt	-	10L	10L	-	-
Current Portion of Leases	-	26.98L	28.61L	12.31L	18L
Unearned Revenue Current, Total	-	-	-	20.1T	2T
Total Current Liabilities	3L	38.97L	62.37L	68.07L	1.33Cr
Long-Term Debt	-	12.15L	2L	-	-
Long-Term Leases	-	25.71L	2L	11.13L	34.54L
Deferred Tax Liability Non Current	-	-	-	-	3L
Other Non Current Liabilities	-	1.33Cr	2L	-	-
Total Liabilities	3L	2.1Cr	68.38L	79.2L	1.7Cr
Preferred Stock Convertible	95	98	-	-	-
Total Preferred Equity	95	98	-	-	-
Common Stock, Total	89	85	2.45T	5.13T	7T
Additional Paid In Capital	3Cr	3.12Cr	6.45Cr	24Cr	56Cr
Retained Earnings	-2.17Cr	-4.35Cr	-6.83Cr	-11Cr	-21Cr
Comprehensive Income and Other	1	-2L	-2L	-	1L
Total Common Equity	83.2L	-1.25Cr	-40.33L	13Cr	35Cr
Total Equity	83.2L	-1.25Cr	-40.33L	13Cr	35Cr
Total Liabilities And Equity	86.57L	85.44L	28.05L	14Cr	37Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	69.98L	84.96L	2.45Cr	5.68Cr	7.56Cr
ECS Total Common Shares Outstanding	69.98L	84.96L	2.45Cr	5.13Cr	7.47Cr
Book Value / Share	1.19	-1.47	-0.16	2.57	4.69
Tangible Book Value	83.2L	-1.25Cr	-40.33L	13Cr	30Cr
Tangible Book Value Per Share	1.19	-1.47	-0.16	2.57	4.07
Total Debt	0	74.83L	43.73L	23.44L	52.54L
Net Debt	-79.66L	47.68L	43.66L	-12Cr	-25Cr
Debt Equivalent Oper. Leases	23.72L	49.71L	74.69L	81.35L	1.66Cr
Account Code - Inventory Valuation	-	8	8	8	3
Machinery, Total	2L	38.07L	23.43L	67.41L	4.97Cr
Full Time Employees	-	71	67	120	370
Part Time Employees	-	-	-	1	10

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-2.17Cr	-2.19Cr	-2.48Cr	-3.92Cr	-10Cr
Depreciation & Amortization - CF	42.47T	4L	18.64L	3L	57.17L
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	17T
Depreciation & Amortization, Total	42.47T	4L	18.64L	3L	57.34L
Amortization of Deferred Charges, Total - (CF)	-	13.6T	18.12L	16.78L	24.79L
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-10.73L
Asset Writedown & Restructuring Costs	-	-	14.69L	-	-
Stock-Based Compensation (CF)	8.71T	2L	5L	1.46Cr	2.13Cr
Other Operating Activities, Total	1.1Cr	3L	18.18L	2L	-47.02L
Change In Accounts Receivable	-	-23.7T	20.74T	-83.85T	-7L
Change In Inventories	-5L	-2L	-2L	5L	-
Change In Accounts Payable	3L	-2L	18.89L	9L	-20.17L
Change in Unearned Revenues	-	-	-	20.1T	-18T
Change in Other Net Operating Assets	-11.16T	-57.38T	-4L	-4L	2L
Cash from Operations	-1.07Cr	-2.14Cr	-1.6Cr	-2.15Cr	-8.02Cr
Capital Expenditure	-2L	-36.45L	-4.91T	-1.03Cr	-3.73Cr
Cash Acquisitions	-	-	-	-	-75.02L
Sale (Purchase) of Intangible assets	-	-	-	-	-4L
Investment in Marketable and Equity Securities, Total	-	-	-	-	-15Cr
Other Investing Activities, Total	-96.65T	-4L	-	-65.58T	-5L
Cash from Investing	-3L	-40.61L	-4.91T	-1.03Cr	-20Cr
Short Term Debt Issued, Total	-	-	33.17L	48.45L	-
Long-Term Debt Issued, Total	-	69.56L	8L	-	-
Total Debt Issued	-	69.56L	40.67L	48.45L	-
Short Term Debt Repaid, Total	-	-	-4L	-70T	-
Long-Term Debt Repaid, Total	-	-6L	-34.64L	-30.32L	-2L
Total Debt Repaid	-	-6L	-39.13L	-31.02L	-2L
Issuance of Common Stock	79.34L	1.29Cr	1.54Cr	16Cr	26Cr
Repurchase of Common Stock	-	-	-3	-	-
Issuance of Preferred Stock	1.1Cr	10L	-	-	-
Other Financing Activities, Total	-	-	-22.9L	-41.51L	48T
Cash from Financing	1.89Cr	2.02Cr	1.33Cr	16Cr	26Cr
Foreign Exchange Rate Adjustments	-	-	-	-	1T
Miscellaneous Cash Flow Adjustments	1	-	-	-	-1T
Net Change in Cash	79.66L	-52.5L	-27.09L	12Cr	-1.7Cr
Supplemental Items
Cash Interest Paid	-	6L	5L	2L	2L
Levered Free Cash Flow	-	-1.69Cr	-78.61L	-1.53Cr	-7.76Cr
Unlevered Free Cash Flow	-	-1.65Cr	-82.57L	-1.66Cr	-7.76Cr
Change In Net Working Capital	-	4L	-13.76L	-27.39L	-2L
Net Debt Issued / Repaid	-	63.27L	2L	17.43L	-2L

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	-152.27	-212.12	-33.61	-27.44
Return on Total Capital	-	-781.48	520.01	-35.62	-28.41
Return On Equity %	-	1.06T	301.04	-61.41	-42.02
Return on Common Equity	-	1.06T	301.02	-61.41	-42.02
Margin Analysis
Gross Profit Margin %	-	-965.14	-733.68	-4.15	-580.23
SG&A Margin	-	5.89T	3.86T	783.48	1.92T
EBITDA Margin %	-	-19.07T	-8.38T	-2.1T	-3.98T
EBITA Margin %	-	-19.43T	-9.28T	-2.11T	-4.2T
EBIT Margin %	-	-19.43T	-9.28T	-2.11T	-4.2T
Income From Continuing Operations Margin %	-	-20.27T	-11.96T	-2.16T	-3.82T
Net Income Margin %	-	-20.27T	-11.96T	-2.16T	-3.82T
Net Avail. For Common Margin %	-	-20.27T	-11.96T	-2.16T	-3.82T
Normalized Net Income Margin	-	-12.67T	-7.03T	-1.35T	-2.45T
Levered Free Cash Flow Margin	-	-15.7T	-3.79T	-845.62	-2.93T
Unlevered Free Cash Flow Margin	-	-15.34T	-3.98T	-914.73	-2.93T
Asset Turnover
Asset Turnover	-	0.01	0.04	0.03	0.01
Fixed Assets Turnover	-	0.05	0.08	0.25	0.08
Receivables Turnover (Average Receivables)	-	-	15.57	40.39	5.65
Inventory Turnover (Average Inventory)	-	2.12	2.48	3.48	-
Short Term Liquidity
Current Ratio	25.1	0.88	0.23	18.4	18.13
Quick Ratio	23.69	0.7	0	18.15	17.67
Operating Cash Flow to Current Liabilities	-31.84	-5.49	-2.56	-3.16	-6.03
Days Sales Outstanding (Average Receivables)	-	-	23.44	9.06	64.57
Days Outstanding Inventory (Average Inventory)	-	171.89	146.89	105.1	-
Average Days Payable Outstanding	-	69.78	214.07	894.07	-
Cash Conversion Cycle (Average Days)	-	-	-43.75	-779.91	-
Long Term Solvency
Total Debt/Equity	-	-60.1	-108.42	1.78	1.5
Total Debt / Total Capital	-	-150.6	1.29T	1.75	1.48
LT Debt/Equity	-	-30.4	-10.96	0.85	0.98
Long-Term Debt / Total Capital	-	-76.19	130.23	0.83	0.97
Total Liabilities / Total Assets	3.88	245.74	243.82	5.67	4.62
EBIT / Interest Expense	-	-32.93	-8.5	-56.26	-37.12T
EBITDA / Interest Expense	-	-31.34	-7.27	-54.31	-34.52T
(EBITDA - Capex) / Interest Expense	-	-37.07	-7.27	-69.38	-46.96T
Total Debt / EBITDA	-	-0.38	-0.27	-0.06	-0.05
Net Debt / EBITDA	0.75	-0.24	-0.27	3.27	2.46
Total Debt / (EBITDA - Capex)	-	-0.32	-0.27	-0.05	-0.04
Net Debt / (EBITDA - Capex)	0.74	-0.2	-0.27	2.56	1.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	92.49	773.3	46.22
Gross Profit, 1 Yr. Growth %	-	-	46.33	-95.06	20.41T
EBITDA, 1 Yr. Growth %	-	94.38	-15.42	118.34	178.14
EBITA, 1 Yr. Growth %	-	97.25	-8.09	98.81	190.82
EBIT, 1 Yr. Growth %	-	97.25	-8.09	98.81	190.86
Earnings From Cont. Operations, 1 Yr. Growth %	-	0.88	13.54	57.94	158.63
Net Income, 1 Yr. Growth %	-	0.88	13.54	57.94	158.63
Normalized Net Income, 1 Yr. Growth %	-	0.88	6.82	67.88	165.39
Diluted EPS Before Extra, 1 Yr. Growth %	-	-17.76	-44.87	-38.8	52.22
Accounts Receivable, 1 Yr. Growth %	-	-	-87.53	2.84T	878.16
Inventory, 1 Yr. Growth %	-	33.41	25.25	-60	-
Net Property, Plant and Equip., 1 Yr. Growth %	-	3.74T	-81.91	1.56T	280.38
Total Assets, 1 Yr. Growth %	-	-1.3	-67.18	4.88T	163.43
Tangible Book Value, 1 Yr. Growth %	-	-249.66	-67.61	-3.36T	130.79
Common Equity, 1 Yr. Growth %	-	-249.66	-67.61	-3.36T	166.36
Cash From Operations, 1 Yr. Growth %	-	99.85	-25.38	34.88	272.49
Capital Expenditures, 1 Yr. Growth %	-	2.15T	-99.87	2L	264.16
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-53.56	94.98	381.49
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-50.09	100.79	368.3
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	310.01	257.4
Gross Profit, 2 Yr. CAGR %	-	-	-	-73.13	217.83
EBITDA, 2 Yr. CAGR %	-	-	28.22	35.9	146.43
EBITA, 2 Yr. CAGR %	-	-	34.65	35.18	140.46
EBIT, 2 Yr. CAGR %	-	-	34.65	35.18	140.47
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	7.02	33.91	102.11
Net Income, 2 Yr. CAGR %	-	-	7.02	33.91	102.11
Normalized Net Income, 2 Yr. CAGR %	-	-	3.8	33.91	111.08
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-24.88	-41.92	-3.48
Accounts Receivable, 2 Yr. CAGR %	-	-	-	91.39	1.6T
Inventory, 2 Yr. CAGR %	-	-	29.26	-29.22	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	163.55	73.17	694.01
Total Assets, 2 Yr. CAGR %	-	-	-43.08	304.21	1.05T
Tangible Book Value, 2 Yr. CAGR %	-	-	-30.37	225.18	768.02
Common Equity, 2 Yr. CAGR %	-	-	-30.37	225.18	832.52
Cash From Operations, 2 Yr. CAGR %	-	-	22.12	0.33	124.15
Capital Expenditures, 2 Yr. CAGR %	-	-	-82.59	67.71	8.62T
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-4.84	214.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	0.11	206.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	190.78
Gross Profit, 3 Yr. CAGR %	-	-	-	-	145.42
EBITDA, 3 Yr. CAGR %	-	-	-	53.12	72.54
EBITA, 3 Yr. CAGR %	-	-	-	53.33	74.51
EBIT, 3 Yr. CAGR %	-	-	-	53.33	74.52
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	21.84	66.77
Net Income, 3 Yr. CAGR %	-	-	-	21.84	66.77
Normalized Net Income, 3 Yr. CAGR %	-	-	-	21.84	68.2
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-29.84	-19.92
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	229.92
Inventory, 3 Yr. CAGR %	-	-	-	-12.57	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	386.47	125.1
Total Assets, 3 Yr. CAGR %	-	-	-	152.65	250.45
Tangible Book Value, 3 Yr. CAGR %	-	-	-	151.07	190.06
Common Equity, 3 Yr. CAGR %	-	-	-	151.07	204.26
Cash From Operations, 3 Yr. CAGR %	-	-	-	26.23	55.35
Capital Expenditures, 3 Yr. CAGR %	-	-	-	298.44	117.17
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	66.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	67.43