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BenevolentAI stock price, funding rounds, valuation and financials

BenevolentAI has raised $305 m in total funding. BenevolentAI valuation is $1 b, and annual revenue was £6.83 m in FY 2018

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$1 B

BenevolentAI Mkt valuation

£6.8 M

BenevolentAI Revenue FY, 2018

BenevolentAI Revenue growth (FY, 2017 - FY, 2018), %164%

BenevolentAI Gross profit (FY, 2018)6.8 M

BenevolentAI Gross profit margin (FY, 2018), %100%

BenevolentAI Net income (FY, 2018)-26.9 M

BenevolentAI EBIT (FY, 2018)-32.6 M

BenevolentAI Cash, 31-Dec-201832.5 M

BenevolentAI Revenue

BenevolentAI revenue was £6.83 m in FY, 2018 which is a 164.1% year over year increase from the previous period.

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BenevolentAI Funding

Summary Metrics

Founding Date	2013
BenevolentAI total Funding	$305 m
BenevolentAI latest funding size	$90 m
Time since last funding	9 months ago
BenevolentAI investors	Temasek Holdings, Lundbeck, Woodford Investment Management, Lansdowne Partners, Upsher Smith Laboratories

BenevolentAI's latest funding round in September 2019 was reported to be $90 m. In total, BenevolentAI has raised $305 m. BenevolentAI's latest valuation is reported to be $1 b.

BenevolentAI Revenue Breakdown

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BenevolentAI revenue breakdown by business segment: 91.4% from License Revenue and 8.6% from Rendering of Services

BenevolentAI revenue breakdown by geographic segment: 90.3% from Europe, 8.6% from USA and 1.2% from Other

Annual

GBP	FY, 2017	FY, 2018
Revenue	2.6m	6.8m
Revenue growth, %		164%
Gross profit	2.6m	6.8m
Gross profit Margin, %	100%	100%
R&D expense	15.1m	31.5m
General and administrative expense	21.6m	8.4m
Operating expense total	36.7m	39.8m
EBIT	(34.1m)	(32.6m)
EBIT margin, %	(1321%)	(478%)
Interest income	30.0k	60.0k
Pre tax profit	(34.8m)	(33.0m)
Income tax expense	(4.4m)	(6.1m)
Net Income	(30.4m)	(26.9m)

Annual

GBP	FY, 2017	FY, 2018
Cash	19.6m	32.5m
Prepaid Expenses	337.0k	1.1m
Current Assets	27.0m	46.6m
PP&E	393.0k	4.5m
Total Assets	32.4m	89.9m
Accounts Payable	1.4m	2.2m
Current Liabilities	6.5m	8.0m
Non-Current Liabilities	1.9m	1.8m
Total Liabilities	8.4m	9.8m
Common Stock	175.0k	181.0k
Additional Paid-in Capital		85.0m
Retained Earnings	(57.1m)	(80.7m)
Total Equity	54.6m	80.1m
Financial Leverage	0.6 x	1.1 x

Annual

GBP	FY, 2017	FY, 2018
Net Income	(30.4m)	(26.9m)
Depreciation and Amortization	3.3m	748.0k
Accounts Receivable	(4.6m)	(6.9m)
Accounts Payable	(592.0k)	2.8m
Cash From Operating Activities	(19.3m)	(37.9m)
Purchases of PP&E	(131.0k)	(3.9m)
Capital Expenditures	(35.0k)	(62.0k)
Cash From Investing Activities	(297.0k)	(12.8m)
Cash From Financing Activities		63.6m
Net Change in Cash	(19.6m)	12.9m
Free Cash Flow	(19.3m)	(38.0m)