BenevolentAI revenue was £6.83 m in FY, 2018 which is a 164.1% year over year increase from the previous period.
Founding Date | 2013 |
BenevolentAI total Funding | $305 m |
BenevolentAI latest funding size | $90 m |
Time since last funding | a year ago |
BenevolentAI investors | Temasek Holdings, Lundbeck, Woodford Investment Management, Lansdowne Partners, Upsher Smith Laboratories |
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
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) |
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 |
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) |
GBP | FY, 2017 |
---|---|
Revenue/Employee | 42.3k |
Financial Leverage | 0.6 x |
FY, 2018 | FY, 2017 | |
---|---|---|
Research and Development | 83.6 % | 83.3 % |
Administration | 16.4 % | 16.7 % |