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

$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

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

BenevolentAI Income Statement

Annual

GBPFY, 2017FY, 2018

Revenue

2.6m6.8m

Revenue growth, %

164%

Gross profit

2.6m6.8m

Gross profit Margin, %

100%100%

R&D expense

15.1m31.5m

General and administrative expense

21.6m8.4m

Operating expense total

36.7m39.8m

EBIT

(34.1m)(32.6m)

EBIT margin, %

(1321%)(478%)

Interest income

30.0k60.0k

Pre tax profit

(34.8m)(33.0m)

Income tax expense

(4.4m)(6.1m)

Net Income

(30.4m)(26.9m)

BenevolentAI Balance Sheet

Annual

GBPFY, 2017FY, 2018

Cash

19.6m32.5m

Prepaid Expenses

337.0k1.1m

Current Assets

27.0m46.6m

PP&E

393.0k4.5m

Total Assets

32.4m89.9m

Accounts Payable

1.4m2.2m

Current Liabilities

6.5m8.0m

Non-Current Liabilities

1.9m1.8m

Total Liabilities

8.4m9.8m

Common Stock

175.0k181.0k

Additional Paid-in Capital

85.0m

Retained Earnings

(57.1m)(80.7m)

Total Equity

54.6m80.1m

Financial Leverage

0.6 x1.1 x

BenevolentAI Cash Flow

Annual

GBPFY, 2017FY, 2018

Net Income

(30.4m)(26.9m)

Depreciation and Amortization

3.3m748.0k

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)

BenevolentAI Ratios

GBPY, 2018

Revenue/Employee

58.8k

Financial Leverage

1.1 x

BenevolentAI Operating Metrics

May, 2020

Trademarks Pending

2

BenevolentAI Human Capital

Job Roles

FY, 2018FY, 2017
Research and Development83.6 %83.3 %
Administration16.4 %16.7 %

BenevolentAI Employee Rating

3.815 votes
Culture & Values
3.7
Work/Life Balance
3.9
Senior Management
2.7
Salary & Benefits
3.3
Career Opportunities
3.1
Source