SES AI Corp financial data

Symbol
SES, SES-WT on NYSE
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
35 Cabot Rd., Woburn, MA
Fiscal year end
December 31
Former names
Ivanhoe Capital Acquisition Corp. (to 2/4/2022)
Latest financial report
10-K - Q4 2024 - Feb 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.73K % -16.9%
Quick Ratio 2.11 % -25.7%
Debt-to-equity 13.2 % +10.9%
Return On Equity -31.6 % -119%
Return On Assets -28 % -117%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 362M shares +2.09%
Entity Public Float 392M USD -44%
Common Stock, Value, Issued 36K USD +2.86%
Weighted Average Number of Shares Outstanding, Basic 322M shares +2.15%
Weighted Average Number of Shares Outstanding, Diluted 322M shares +2.15%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 72.1M USD +135%
General and Administrative Expense 38.4M USD -19.1%
Operating Income (Loss) -109M USD -39.8%
Nonoperating Income (Expense) 9.25M USD -61.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -100M USD -84.3%
Income Tax Expense (Benefit) 188K USD +84.1%
Net Income (Loss) Attributable to Parent -100M USD -87.6%
Earnings Per Share, Basic -0.31 USD/shares -82.4%
Earnings Per Share, Diluted -0.31 USD/shares -82.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 129M USD +50.3%
Accounts Receivable, after Allowance for Credit Loss, Current 950K USD
Inventory, Net 212K USD -62%
Assets, Current 277M USD -20.6%
Deferred Income Tax Assets, Net 1.34M USD +26.3%
Property, Plant and Equipment, Net 38.2M USD +0.54%
Operating Lease, Right-of-Use Asset 9.93M USD -24.2%
Intangible Assets, Net (Excluding Goodwill) 1.22M USD -9.52%
Other Assets, Noncurrent 2.24M USD -52.6%
Assets 330M USD -18.9%
Accounts Payable, Current 1.9M USD -60.6%
Employee-related Liabilities, Current 6.65M USD -5.36%
Liabilities, Current 22.8M USD +12.1%
Operating Lease, Liability, Noncurrent 7.98M USD -29.5%
Other Liabilities, Noncurrent 2.61M USD -5.38%
Liabilities 51.5M USD +7.55%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.23M USD -38.4%
Retained Earnings (Accumulated Deficit) -299M USD -50.4%
Stockholders' Equity Attributable to Parent 278M USD -22.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 278M USD -22.5%
Liabilities and Equity 330M USD -18.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.98M USD +41.7%
Net Cash Provided by (Used in) Financing Activities 18K USD +38.5%
Net Cash Provided by (Used in) Investing Activities 53.2M USD
Common Stock, Shares, Issued 362M shares +2.09%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 43.9M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 129M USD +48.8%
Deferred Tax Assets, Valuation Allowance 68.8M USD +35.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 72.9M USD +31.2%
Operating Lease, Liability 10.6M USD -23%
Payments to Acquire Property, Plant, and Equipment 6.76M USD +13.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -101M USD -87.5%
Lessee, Operating Lease, Liability, to be Paid 12.9M USD -24.5%
Property, Plant and Equipment, Gross 59M USD +15.9%
Operating Lease, Liability, Current 2.59M USD +7.53%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.79M USD -23.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.46M USD -3.25%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.33M USD -30.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.9M USD -36.4%
Deferred Tax Assets, Operating Loss Carryforwards 35.2M USD +15.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Unrecognized Tax Benefits 7.6M USD +38.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.66M USD -20.6%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 19.9M USD -3.46%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%