Presto Automation Inc. [Rocket]

Overview

Presto Automation Inc.

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Recent News + Filings (All items)

Date Filed	Type	Description
10/12/2023	10-K/A	Annual Report for the period ended June 30, 2023 [amend]
10/11/2023	424B3	Form 424B3 - Prospectus [Rule 424(b)(3)]:
10/11/2023	424B3	Form 424B3 - Prospectus [Rule 424(b)(3)]:
10/11/2023	424B3	Form 424B3 - Prospectus [Rule 424(b)(3)]:
10/11/2023	8-K	Quarterly results
10/10/2023	10-K	Annual Report for the period ended June 30, 2023
09/29/2023	NT 10-K	Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Jun-30-23	Jun-30-22	Dec-31-21	Dec-31-20
Revenues	26.1	30.4	0.0	0.0
Revenue growth	-13.9%
Cost of goods sold	25.6	29.7	0.0	0.0
Gross profit	0.5	0.6	0.0	0.0
Gross margin	2.0%	2.1%
Sales and marketing	8.8	6.6
Research and development	21.3	16.8
General and administrative	26.8	9.8	1.0	0.0
EBIT	-56.4	-33.2	-1.0	0.0
EBIT margin	-215.8%	-109.4%
Pre-tax income	-34.5	-56.5	3.8	-1.4
Income taxes	0.0	-0.2	0.0	0.0
Tax rate		0.4%	0.0%	0.0%
Net income	0.0	0.0	3.8	-1.4
Net margin	0.0%	0.0%

Diluted EPS	$0.00	$0.00	$0.18	($0.33)
Shares outstanding (diluted)	46,499.9	27.3	21.5	4.1

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.