Rezolve AI Limited (RZLV) financial statements
Rezolve AI Limited reported revenue of $47M in fiscal 2025, up 1696.2% a year over 2 years.
Net income was -$101M and the operating margin -185.6%, against -17929.1% in 2023.
Free cash flow was -$63M.
The diluted share count rose 77% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Rezolve AI Limited's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $145,051 | $2M | $47M |
| Research and development | — | $1M | $11M |
| Selling, general and admin | $25M | $139M | $102M |
| Operating income | -$26M | -$139M | -$87M |
| Interest expense | $5M | $11M | $3M |
| Pre-tax income | -$31M | -$173M | -$119M |
| Income tax | $63,408 | $243,735 | -$18M |
| Net income | -$31M | -$173M | -$101M |
| EPS (diluted) | -$0.20 | -$1.06 | -$0.38 |
| Diluted shares | 151M | 164M | 268M |
| Operating margin | -17929.1% | -6879.4% | -185.6% |
| Net margin | -21189.9% | -8614.1% | -216.7% |
Balance sheet
Fiscal years, from Rezolve AI Limited's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $9M | $10M | $111M |
| Receivables | $12,534 | $703,706 | $39M |
| Total current assets | $321,988 | $14M | $175M |
| Property, plant and equipment | $79,593 | $22,319 | $510,745 |
| Goodwill | — | — | $168M |
| Total assets | $3M | $21M | $612M |
| Total current liabilities | $57M | $62M | $262M |
| Long-term debt | — | — | $50M |
| Total liabilities | $57M | $62M | $365M |
| Shareholders' equity | -$58M | -$41M | $247M |
| Net debt | $38M | $28M | -$61M |
Cash flow
Fiscal years, from Rezolve AI Limited's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$13M | -$22M | -$63M |
| Capital spending | $14,376 | $8,258 | $90,217 |
| Free cash flow | -$13M | -$22M | -$63M |
| Stock-based compensation | $3M | $63M | $6M |
| Net borrowing | $3M | — | -$6M |
| Free cash flow margin | -8973.6% | -1112.0% | -135.1% |
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Open RZLV in InvestinglyQuestions
What was Rezolve AI Limited's revenue in 2025?
$47M in fiscal 2025, from its 10-K filing.
How much free cash flow does Rezolve AI Limited generate?
-$63M in fiscal 2025 (operating cash flow minus capital spending).
From Rezolve AI Limited's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.