Fusemachines Inc.

FUSE

FUSEFusemachines Inc. US flag

NASDAQ Global Market

0.60

USD

+0.01

- -

17.37MMarket Cap

Profitability (USD)

Profitability Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -
Return on Assets (%)	- -	-201.7	-345.8	-14.19
Return on Capital (%)	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -
Gross Margin (%)	69.2	56.99	54.87	55.83
EBITDA Margin (%)	-7.68	-67.65	-89.72	-73.59
Operating Margin (%)	-10.12	-71.05	-93	-77.18
Incremental Operating Margin (%)	- -	- -	- -	- -
Pretax Margin (%)	-10.59	-90.76	-174.23	-11.99
Profit Margin (%)	-10.92	-90.91	-174.59	-12.03
Net Income to Common Margin (%)	-10.92	-90.91	-174.59	-12.03
Effective Tax Rate (%)	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	5	7	18	1
ST Debt	- -	- -	10	1
LT Debt	4	7	8	1
Total Debt/EBITDA	-9.1	-1.45	-2.23	-0.26
Net Debt/EBITDA	-5.34	-1.18	-2.04	0.63
Total Debt/EBIT	-6.9	-1.38	-2.15	-0.25
Net Debt/EBIT	-4.05	-1.13	-1.97	0.6
EBITDA to Interest Expense	-3.34	-11.16	-33.78	-21.18
EBITDA-CapEx/Interest Expense	-4.52	-11.51	-33.85	-21.38
EBIT to Interest Expense	-4.41	-11.72	-35.02	-22.22
Interest Expense	- -	- -	- -	- -
Common Equity/Total Assets	-349.17	-487.67	-579.85	-193.42
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	473.73	-591.05	-113.67	-5.73
Long-Term Debt/Total Assets (%)	130.57	209.14	137.02	9.97
Total Debt/Equity (%)	-123.85	-86	-72.48	-10.14
Total Debt/Capital (%)	519.24	-614.51	-263.41	-11.28
Total Debt/Total Assets (%)	143.12	217.44	317.54	19.61
Net Debt to Equity	-72.69	-70.27	-66.51	24.55
Net Debt/Capital (%)	12,813.64	-410.06	-224.89	20.67
EBITDA	-1	-5	-8	-6
EBITDA-CapEx	-1	-5	-8	-6
Operating Income (Loss)	-1	-5	-8	-6

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.46	0.08	0.02	0.21
Current Ratio	1	0.52	0.2	0.31
Quick Ratio	0.99	0.45	0.11	0.28
CFO/Avg Current Liab	- -	-0.92	-0.19	-0.27
Common Equity/Total Assets	-349.17	-487.67	-579.85	-193.42
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	473.73	-591.05	-113.67	-5.73
Long-Term Debt/Total Assets (%)	130.57	209.14	137.02	9.97
Total Debt/Equity (%)	-123.85	-86	-72.48	-10.14
Total Debt/Capital (%)	519.24	-614.51	-263.41	-11.28
Total Debt/Total Assets (%)	143.12	217.44	317.54	19.61
CFO/Total Liabilities	-8.14	-20.94	-7.37	-25
CFO/CapEx	-3.17	-15.46	-146.73	-104.32
Altman's Z-Score	18.54	2.81	-9.83	-9.3

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	7.28	7.01	5.73
Days Sales Outstanding	- -	50.15	52.09	63.66
Inventory Turnover	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -
Accounts Payable Turnover	- -	3.7	1.03	0.59
Accounts Payable Turnover Days	- -	98.64	353.57	618.64
Cash Conversion Cycle	- -	-48.49	-301.48	-554.97
Inventory to Cash Days	- -	50.15	52.09	63.66
Inventories	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	268	289	305	48
- Cash & Cash Equivalents	1	- -	- -	4
+ Preferred Equity and Hybrid Capital	8	8	8	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -
+ Total Debt	5	7	18	1
Enterprise Value	280	303	330	45
Total Capital	1	-1	-7	-13
Total Debt/Capital (%)	519.24	-614.51	-263.41	-11.28
Total Debt / EV	0.02	0.02	0.05	0.03
EV/Sales	40.71	40.8	37.42	5.83
EV/EBITDA	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -
Diluted Market Cap	268	289	305	19
Diluted Enterprise Value	280	303	330	16
EV per Share	10.56	11.45	12.44	1.56
TTM Sales	7	7	9	8
TTM EBITDA	-1	-5	-8	-6
TTM Operating Income	-1	-5	-8	-6
TTM Cash Flow to Firm	- -	-2	-2	-5
TTM Free Cash Flow to Firm	- -	-2	-2	-5

Multiples (USD)

Valuation Multiples API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-665.49	-124.72	-139.42	-3.47
EV/EBIT	- -	- -	- -	- -
Enterprise Value	280	303	330	45
Low Price	9.69	10.14	10.89	1.45
EV/Sales	40.71	40.8	37.42	5.83
EV/EBITDA	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -
Price/Earnings Average	-348.79	-41.22	-19.28	-124.84
Price/Earnings High	-370.52	-46.09	-21.4	-310.49
Price/Earnings Low	-341.94	-39.74	-18.76	-18.01
Price/Book Value	-22.89	-17.67	-9.47	-3.28
Price/Book Value Average	-22.35	-17.07	-9.22	-19.96
Price/Book Value High	-23.75	-19.08	-10.23	-49.63
Price/Book Value Low	-21.91	-16.45	-8.97	-2.88
Price/Tangible Book Value	-22.83	-17.55	-9.42	-3.23
Price/Tangible Book Value Average	-22.3	-16.95	-9.17	-19.68
Price/Tangible Book Value High	-23.69	-18.95	-10.17	-48.94
Price/Tangible Book Value Low	-21.86	-16.34	-8.92	-2.84
Price/Sales	39	38.8	34.59	2.47
Price/Sales Average	38.09	37.47	33.66	15.02
Price/Sales High	40.46	41.9	37.36	37.35
Price/Sales Low	37.34	36.13	32.75	2.17
Price/Cash Flow	-455.33	-116.65	-138.47	-3.44
Price/Cash Flow Average	-444.72	-112.66	-134.74	-20.95
Price/Cash Flow High	-472.43	-125.97	-149.54	-52.11
Price/Cash Flow Low	-435.98	-108.62	-131.12	-3.02
Price/Free Cash Flow Average	-649.97	-120.45	-135.67	-21.16
Price/Free Cash Flow High	-690.47	-134.68	-150.57	-52.62
Price/Free Cash Flow Low	-637.21	-116.13	-132.02	-3.05
EV/Sales Average	39.8	39.47	36.49	37.35
EV/Sales High	42.17	43.9	40.19	93.43
EV/Sales Low	39.05	38.13	35.59	5.08
EV/EBITDA Average	-518.33	-58.35	-40.68	-50.76
EV/EBITDA High	-549.24	-64.89	-44.8	-126.95
EV/EBITDA Low	-508.59	-56.36	-39.67	-6.91
EV/EBIT Average	-393.22	-55.55	-39.24	-48.39
EV/EBIT High	-416.67	-61.78	-43.22	-121.05
EV/EBIT Low	-385.83	-53.66	-38.27	-6.59
Last Price	10.12	10.89	11.5	1.65
High Price	10.5	11.76	12.42	25
Enterprise Value Average	274	294	322	288
Enterprise Value High	290	327	354	721
Enterprise Value Low	269	284	314	39

Profitability (USD)

Profitability Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -
Return on Assets (%)	- -	-201.7	-345.8	-14.19
Return on Capital (%)	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -
Gross Margin (%)	69.2	56.99	54.87	55.83
EBITDA Margin (%)	-7.68	-67.65	-89.72	-73.59
Operating Margin (%)	-10.12	-71.05	-93	-77.18
Incremental Operating Margin (%)	- -	- -	- -	- -
Pretax Margin (%)	-10.59	-90.76	-174.23	-11.99
Profit Margin (%)	-10.92	-90.91	-174.59	-12.03
Net Income to Common Margin (%)	-10.92	-90.91	-174.59	-12.03
Effective Tax Rate (%)	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	5	7	18	1
ST Debt	- -	- -	10	1
LT Debt	4	7	8	1
Total Debt/EBITDA	-9.1	-1.45	-2.23	-0.26
Net Debt/EBITDA	-5.34	-1.18	-2.04	0.63
Total Debt/EBIT	-6.9	-1.38	-2.15	-0.25
Net Debt/EBIT	-4.05	-1.13	-1.97	0.6
EBITDA to Interest Expense	-3.34	-11.16	-33.78	-21.18
EBITDA-CapEx/Interest Expense	-4.52	-11.51	-33.85	-21.38
EBIT to Interest Expense	-4.41	-11.72	-35.02	-22.22
Interest Expense	- -	- -	- -	- -
Common Equity/Total Assets	-349.17	-487.67	-579.85	-193.42
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	473.73	-591.05	-113.67	-5.73
Long-Term Debt/Total Assets (%)	130.57	209.14	137.02	9.97
Total Debt/Equity (%)	-123.85	-86	-72.48	-10.14
Total Debt/Capital (%)	519.24	-614.51	-263.41	-11.28
Total Debt/Total Assets (%)	143.12	217.44	317.54	19.61
Net Debt to Equity	-72.69	-70.27	-66.51	24.55
Net Debt/Capital (%)	12,813.64	-410.06	-224.89	20.67
EBITDA	-1	-5	-8	-6
EBITDA-CapEx	-1	-5	-8	-6
Operating Income (Loss)	-1	-5	-8	-6

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.46	0.08	0.02	0.21
Current Ratio	1	0.52	0.2	0.31
Quick Ratio	0.99	0.45	0.11	0.28
CFO/Avg Current Liab	- -	-0.92	-0.19	-0.27
Common Equity/Total Assets	-349.17	-487.67	-579.85	-193.42
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	473.73	-591.05	-113.67	-5.73
Long-Term Debt/Total Assets (%)	130.57	209.14	137.02	9.97
Total Debt/Equity (%)	-123.85	-86	-72.48	-10.14
Total Debt/Capital (%)	519.24	-614.51	-263.41	-11.28
Total Debt/Total Assets (%)	143.12	217.44	317.54	19.61
CFO/Total Liabilities	-8.14	-20.94	-7.37	-25
CFO/CapEx	-3.17	-15.46	-146.73	-104.32
Altman's Z-Score	18.54	2.81	-9.83	-9.3

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	7.28	7.01	5.73
Days Sales Outstanding	- -	50.15	52.09	63.66
Inventory Turnover	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -
Accounts Payable Turnover	- -	3.7	1.03	0.59
Accounts Payable Turnover Days	- -	98.64	353.57	618.64
Cash Conversion Cycle	- -	-48.49	-301.48	-554.97
Inventory to Cash Days	- -	50.15	52.09	63.66
Inventories	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	268	289	305	48
- Cash & Cash Equivalents	1	- -	- -	4
+ Preferred Equity and Hybrid Capital	8	8	8	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -
+ Total Debt	5	7	18	1
Enterprise Value	280	303	330	45
Total Capital	1	-1	-7	-13
Total Debt/Capital (%)	519.24	-614.51	-263.41	-11.28
Total Debt / EV	0.02	0.02	0.05	0.03
EV/Sales	40.71	40.8	37.42	5.83
EV/EBITDA	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -
Diluted Market Cap	268	289	305	19
Diluted Enterprise Value	280	303	330	16
EV per Share	10.56	11.45	12.44	1.56
TTM Sales	7	7	9	8
TTM EBITDA	-1	-5	-8	-6
TTM Operating Income	-1	-5	-8	-6
TTM Cash Flow to Firm	- -	-2	-2	-5
TTM Free Cash Flow to Firm	- -	-2	-2	-5

Multiples (USD)

Valuation Multiples API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-665.49	-124.72	-139.42	-3.47
EV/EBIT	- -	- -	- -	- -
Enterprise Value	280	303	330	45
Low Price	9.69	10.14	10.89	1.45
EV/Sales	40.71	40.8	37.42	5.83
EV/EBITDA	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -
Price/Earnings Average	-348.79	-41.22	-19.28	-124.84
Price/Earnings High	-370.52	-46.09	-21.4	-310.49
Price/Earnings Low	-341.94	-39.74	-18.76	-18.01
Price/Book Value	-22.89	-17.67	-9.47	-3.28
Price/Book Value Average	-22.35	-17.07	-9.22	-19.96
Price/Book Value High	-23.75	-19.08	-10.23	-49.63
Price/Book Value Low	-21.91	-16.45	-8.97	-2.88
Price/Tangible Book Value	-22.83	-17.55	-9.42	-3.23
Price/Tangible Book Value Average	-22.3	-16.95	-9.17	-19.68
Price/Tangible Book Value High	-23.69	-18.95	-10.17	-48.94
Price/Tangible Book Value Low	-21.86	-16.34	-8.92	-2.84
Price/Sales	39	38.8	34.59	2.47
Price/Sales Average	38.09	37.47	33.66	15.02
Price/Sales High	40.46	41.9	37.36	37.35
Price/Sales Low	37.34	36.13	32.75	2.17
Price/Cash Flow	-455.33	-116.65	-138.47	-3.44
Price/Cash Flow Average	-444.72	-112.66	-134.74	-20.95
Price/Cash Flow High	-472.43	-125.97	-149.54	-52.11
Price/Cash Flow Low	-435.98	-108.62	-131.12	-3.02
Price/Free Cash Flow Average	-649.97	-120.45	-135.67	-21.16
Price/Free Cash Flow High	-690.47	-134.68	-150.57	-52.62
Price/Free Cash Flow Low	-637.21	-116.13	-132.02	-3.05
EV/Sales Average	39.8	39.47	36.49	37.35
EV/Sales High	42.17	43.9	40.19	93.43
EV/Sales Low	39.05	38.13	35.59	5.08
EV/EBITDA Average	-518.33	-58.35	-40.68	-50.76
EV/EBITDA High	-549.24	-64.89	-44.8	-126.95
EV/EBITDA Low	-508.59	-56.36	-39.67	-6.91
EV/EBIT Average	-393.22	-55.55	-39.24	-48.39
EV/EBIT High	-416.67	-61.78	-43.22	-121.05
EV/EBIT Low	-385.83	-53.66	-38.27	-6.59
Last Price	10.12	10.89	11.5	1.65
High Price	10.5	11.76	12.42	25
Enterprise Value Average	274	294	322	288
Enterprise Value High	290	327	354	721
Enterprise Value Low	269	284	314	39

Shares Outstanding	27	27	27	29
Diluted Weighted Avg Shares	27	27	27	12
Basic Weighted Avg Shares	27	27	27	12
Revenue per Share	0.26	0.28	0.33	0.67
EBITDA per Share	-0.02	-0.19	-0.3	-0.49
Operating Income per Share	-0.03	-0.2	-0.31	-0.52
Basic EPS, GAAP	-0.03	-0.26	-0.58	-0.08
Basic EPS from Cont Ops	-0.03	-0.26	-0.58	-0.08
Diluted EPS, GAAP	-0.03	-0.26	-0.58	-0.08
Diluted EPS from Cont Ops	-0.03	-0.26	-0.58	-0.08
Dividend per Share	- -	- -	- -	- -
Cash Flow per Share	-0.02	-0.09	-0.08	-0.48
Free Cash Flow per Basic Share	-0.03	-0.1	-0.08	-0.48
Cash & Equivalents per Share	0.03	0.01	0.02	0.15
Book Value per Share	-0.44	-0.62	-1.21	-0.5
Tangible Book Value per Share	-0.44	-0.62	-1.22	-0.51

Fusemachines Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)