Mon, Jun 23, 8:12 PM (20 days ago)
### Summary of C3.ai, Inc. (AI) Financial Performance **Financial Performance:** - **Revenue:** $389.1 million for the fiscal year ended April 30, 2025, representing a 25.3% increase compared to the prior fiscal year. - **Subscription Revenue:** $327.6 million for the fiscal year ended April 30, 2025, representing an 18% increase compared to the prior fiscal year. - **Professional Services Revenue:** $61.4 million for the fiscal year ended April 30, 2025, representing an 89% increase compared to the prior fiscal year. - **Gross Profit:** $235.863 million for the fiscal year ended April 30, 2025, representing a 32% increase compared to the prior fiscal year. - **Gross Margin:** 61% for the fiscal year ended April 30, 2025, compared to 57% for the prior fiscal year. - **Operating Expenses:** $560.287 million for the fiscal year ended April 30, 2025, representing a 13% increase compared to the prior fiscal year. - **Net Loss:** $288.702 million for the fiscal year ended April 30, 2025, compared to $279.696 million for the prior fiscal year. - **Net Loss per Share:** $2.24 for the fiscal year ended April 30, 2025, compared to $2.34 for the prior fiscal year. **Strategic Overview:** - **Go-to-Market Strategy:** Focused on large organizations recognized as leaders in their respective industries or public sectors, aiming to solve complicated business problems by digitally transforming their operations. - **C3 Generative AI:** Investing heavily in generative AI to position as leaders in the Enterprise AI space, offering innovative generative AI solutions that improve operational efficiency for various verticals. - **Technology Innovation:** Continuing to invest in research and development to extend C3 AI Software, expand within existing accounts, and gain new customers. - **Brand Awareness:** Investing in brand awareness, market education, strategic paid media, and thought leadership, particularly as it relates to generative AI. - **Grow Go-to-Market and Partnership Ecosystem:** Expanding the ecosystem of strategic partners and the number of industry verticals they serve. **Future Outlook:** - **Customer Acquisition, Retention, and Expansion:** Focused on growing the customer base, retaining existing customers, and expanding customers’ usage of C3 AI Software. - **Technology Innovation:** Continuing to invest in research and development to drive core technology innovation and bring new products to market. - **Brand Awareness:** Continuing to invest in brand awareness, market education, strategic paid media, and thought leadership. - **Grow Go-to-Market and Partnership Ecosystem:** Expanding the ecosystem of strategic partners and the number of industry verticals they serve. **Risk Factors:** - **Customer Acquisition, Retention, and Expansion:** The ability to attract new customers and expand the business with existing customers is critical to long-term success. - **Technology Innovation:** Investing in research and development to drive core technology innovation and bring new products to market. - **Brand Awareness:** Investing in brand awareness, market education, strategic paid media, and thought leadership. - **Grow Go-to-Market and Partnership Ecosystem:** Expanding the ecosystem of strategic partners and the number of industry verticals they serve. **Financial Condition:** - **Liquidity and Capital Resources:** As of April 30, 2025, the company had $164.4 million in cash and cash equivalents and $578.3 million in marketable securities, which are available for use in current operations. - **Contractual Obligations and Commitments:** The company's contractual obligations and commitments primarily consist of operating lease commitments for facilities and non-cancellable purchase commitments related to third-party cloud hosting and associated services, and professional services. **Market Position Changes:** - **Subscription Revenue:** Accounted for 84% of total revenue for the fiscal year ended April 30, 2025, compared to 90% for the prior fiscal year. - **Professional Services Revenue:** Accounted for 16% of total revenue for the fiscal year ended April 30, 2025, compared to 10% for the prior fiscal year. **Amendment Information:** - **Changes:** The summary provides an overview of the financial performance, strategic overview, future outlook, risk factors, financial condition, and market position changes of C3.ai, Inc. for the fiscal year ended April 30, 2025. - **Reasons:** The summary is based on the provided text and aims to highlight the key financial and strategic information. - **Impact:** The summary provides a concise overview of the company's financial performance and strategic initiatives, which can be useful for portfolio managers, traders, and finance professionals.