Spectral AI, Inc.

MDAI

MDAISpectral AI, Inc. US flag

NASDAQ

1.64

USD

+0.05

- -

52.19MMarket Cap

Profitability (USD)

Profitability Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-22.62	- -	- -	- -
Return on Assets (%)	- -	-15.63	-141.83	-133.04	-45.2
Return on Capital (%)	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -
Gross Margin (%)	46.28	42.72	43.64	44.87	45.42
EBITDA Margin (%)	-27.42	-8.2	-67.91	-20.26	-40.55
Operating Margin (%)	-27.42	-10.43	-71.91	-22.25	-43.78
Incremental Operating Margin (%)	- -	- -	- -	- -	- -
Pretax Margin (%)	-26.81	-11.06	-115.44	-50.86	-38.47
Profit Margin (%)	-26.17	-11.48	-115.5	-51.24	-38.53
Net Income to Common Margin (%)	-34.43	-11.48	-115.5	-51.24	-38.53
Effective Tax Rate (%)	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	23.99	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-22.62	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1	1	1	5	10
ST Debt	1	1	1	3	4
LT Debt	- -	- -	- -	2	7
Total Debt/EBITDA	-0.14	-0.58	-0.11	-0.78	-1.27
Net Debt/EBITDA	3.72	6.73	0.36	0.4	0.88
Total Debt/EBIT	-0.14	-0.45	-0.1	-0.71	-1.17
Net Debt/EBIT	3.72	5.29	0.34	0.36	0.81
EBITDA to Interest Expense	- -	- -	- -	-2.02	-3.33
EBITDA-CapEx/Interest Expense	- -	- -	- -	-2.02	-3.33
EBIT to Interest Expense	- -	- -	- -	-2.22	-3.6
Interest Expense	- -	- -	- -	3	2
Common Equity/Total Assets	74.18	64.09	-15.98	-59.95	-26.76
Long-Term Debt/Equity (%)	- -	2.88	- -	- -	- -
Long-Term Debt/Capital (%)	- -	2.62	- -	-66.46	148.98
Long-Term Debt/Total Assets (%)	- -	1.85	- -	14.07	30.39
Total Debt/Equity (%)	4.24	10.01	-75.42	-64.68	-176.25
Total Debt/Capital (%)	4.07	9.1	-306.9	-183.13	231.14
Total Debt/Total Assets (%)	3.14	6.42	12.06	38.78	47.16
Net Debt to Equity	-112.98	-116.7	254.77	32.69	122.26
Net Debt/Capital (%)	870.48	1,432.86	83.57	30.71	63.5
EBITDA	-4	-2	-12	-6	-8
EBITDA-CapEx	-4	-2	-12	-6	-8
Operating Income (Loss)	-4	-3	-13	-7	-9

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	3.37	2.22	0.39	0.29	0.75
Current Ratio	3.86	2.77	0.8	0.57	0.94
Quick Ratio	3.68	2.68	0.58	0.43	0.81
CFO/Avg Current Liab	- -	-0.21	-1.41	-0.61	-0.52
Common Equity/Total Assets	74.18	64.09	-15.98	-59.95	-26.76
Long-Term Debt/Equity (%)	- -	2.88	- -	- -	- -
Long-Term Debt/Capital (%)	- -	2.62	- -	-66.46	148.98
Long-Term Debt/Total Assets (%)	- -	1.85	- -	14.07	30.39
Total Debt/Equity (%)	4.24	10.01	-75.42	-64.68	-176.25
Total Debt/Capital (%)	4.07	9.1	-306.9	-183.13	231.14
Total Debt/Total Assets (%)	3.14	6.42	12.06	38.78	47.16
CFO/Total Liabilities	-60.97	-17.29	-106.77	-47.55	-36.56
CFO/CapEx	-416.86	- -	- -	- -	- -
Altman's Z-Score	19.58	14.87	-4.95	-3.7	-3.16

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	13.61	7.78	12.2	10.42
Days Sales Outstanding	- -	26.83	46.9	29.93	35.03
Inventory Turnover	- -	- -	88.49	49.79	16.98
Days Inventory Outstanding	- -	- -	4.12	7.33	21.49
Accounts Payable Turnover	- -	6.96	3.82	4.91	3.16
Accounts Payable Turnover Days	- -	52.41	95.44	74.3	115.43
Cash Conversion Cycle	- -	-25.58	-44.42	-37.04	-58.91
Inventory to Cash Days	- -	26.83	42.77	22.6	13.54
Inventories	- -	- -	- -	- -	1
Raw Materials	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	1

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	154	158	40	64	44
- Cash & Cash Equivalents	16	14	5	5	15
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
+ Total Debt	1	1	1	5	10
Enterprise Value	138	145	37	63	38
Total Capital	14	13	- -	-3	4
Total Debt/Capital (%)	4.07	9.1	-306.9	-183.13	231.14
Total Debt / EV	- -	0.01	0.04	0.07	0.26
EV/Sales	9.08	5.73	2.03	2.15	1.95
EV/EBITDA	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -
Diluted Market Cap	154	158	35	51	38
Diluted Enterprise Value	138	145	31	50	32
EV per Share	8.82	9.27	2.25	2.81	1.25
TTM Sales	15	25	18	30	20
TTM EBITDA	-4	-2	-12	-6	-8
TTM Operating Income	-4	-3	-13	-7	-9
TTM Cash Flow to Firm	-3	-1	-13	-6	-8
TTM Free Cash Flow to Firm	-3	-1	-13	-6	-8

Multiples (USD)

Valuation Multiples API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-52.87	-136.36	-2.62	-5.52	-3.8
EV/EBIT	- -	- -	- -	- -	- -
Enterprise Value	138	145	37	63	38
Low Price	9.62	9.71	2.2	0.82	1.04
EV/Sales	9.08	5.73	2.03	2.15	1.95
EV/EBITDA	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -
Price/Earnings Average	-29.09	-53.09	-5.53	-2.12	-6.63
Price/Earnings High	-29.87	-58.18	-13.17	-4.4	-11.24
Price/Earnings Low	-28.76	-52.31	-1.49	-0.97	-3.64
Price/Book Value	11.19	13.21	-23.46	-8.82	-7.61
Price/Book Value Average	11.1	12.89	-78.02	-5.57	-10.14
Price/Book Value High	11.4	14.12	-185.93	-11.59	-17.2
Price/Book Value Low	10.97	12.7	-20.98	-2.57	-5.57
Price/Tangible Book Value	11.19	13.21	-23.46	-8.82	-7.61
Price/Tangible Book Value Average	11.1	12.89	-78.02	-5.57	-10.14
Price/Tangible Book Value High	11.4	14.12	-185.93	-11.59	-17.2
Price/Tangible Book Value Low	10.97	12.7	-20.98	-2.57	-5.57
Price/Sales	10.1	6.25	1.92	1.72	1.92
Price/Sales Average	10.02	6.09	6.38	1.08	2.55
Price/Sales High	10.28	6.68	15.21	2.26	4.33
Price/Sales Low	9.9	6	1.72	0.5	1.4
Price/Cash Flow	-52.74	-136.36	-2.62	-5.52	-3.8
Price/Cash Flow Average	-52.32	-133.04	-8.71	-3.49	-5.06
Price/Cash Flow High	-53.71	-145.81	-20.75	-7.25	-8.58
Price/Cash Flow Low	-51.72	-131.1	-2.34	-1.61	-2.78
Price/Free Cash Flow Average	-52.44	-133.04	-8.71	-3.49	-5.06
Price/Free Cash Flow High	-53.84	-145.81	-20.75	-7.25	-8.58
Price/Free Cash Flow Low	-51.85	-131.1	-2.34	-1.61	-2.78
EV/Sales Average	9	5.58	7.19	1.35	2.69
EV/Sales High	9.26	6.17	17.4	2.83	4.74
EV/Sales Low	8.88	5.49	1.79	0.61	1.35
EV/EBITDA Average	-32.82	-68.12	-10.59	-6.67	-6.63
EV/EBITDA High	-33.79	-75.26	-25.63	-13.95	-11.7
EV/EBITDA Low	-32.4	-67.03	-2.64	-3.03	-3.34
EV/EBIT Average	-32.81	-53.5	-10	-6.07	-6.14
EV/EBIT High	-33.79	-59.11	-24.2	-12.7	-10.83
EV/EBIT Low	-32.4	-52.65	-2.49	-2.76	-3.09
Last Price	9.81	10.1	2.46	2.83	1.42
High Price	9.99	10.8	19.5	3.72	3.21
Enterprise Value Average	137	142	130	40	53
Enterprise Value High	141	156	314	84	93
Enterprise Value Low	135	139	32	18	27

Profitability (USD)

Profitability Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-22.62	- -	- -	- -
Return on Assets (%)	- -	-15.63	-141.83	-133.04	-45.2
Return on Capital (%)	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -
Gross Margin (%)	46.28	42.72	43.64	44.87	45.42
EBITDA Margin (%)	-27.42	-8.2	-67.91	-20.26	-40.55
Operating Margin (%)	-27.42	-10.43	-71.91	-22.25	-43.78
Incremental Operating Margin (%)	- -	- -	- -	- -	- -
Pretax Margin (%)	-26.81	-11.06	-115.44	-50.86	-38.47
Profit Margin (%)	-26.17	-11.48	-115.5	-51.24	-38.53
Net Income to Common Margin (%)	-34.43	-11.48	-115.5	-51.24	-38.53
Effective Tax Rate (%)	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	23.99	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-22.62	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1	1	1	5	10
ST Debt	1	1	1	3	4
LT Debt	- -	- -	- -	2	7
Total Debt/EBITDA	-0.14	-0.58	-0.11	-0.78	-1.27
Net Debt/EBITDA	3.72	6.73	0.36	0.4	0.88
Total Debt/EBIT	-0.14	-0.45	-0.1	-0.71	-1.17
Net Debt/EBIT	3.72	5.29	0.34	0.36	0.81
EBITDA to Interest Expense	- -	- -	- -	-2.02	-3.33
EBITDA-CapEx/Interest Expense	- -	- -	- -	-2.02	-3.33
EBIT to Interest Expense	- -	- -	- -	-2.22	-3.6
Interest Expense	- -	- -	- -	3	2
Common Equity/Total Assets	74.18	64.09	-15.98	-59.95	-26.76
Long-Term Debt/Equity (%)	- -	2.88	- -	- -	- -
Long-Term Debt/Capital (%)	- -	2.62	- -	-66.46	148.98
Long-Term Debt/Total Assets (%)	- -	1.85	- -	14.07	30.39
Total Debt/Equity (%)	4.24	10.01	-75.42	-64.68	-176.25
Total Debt/Capital (%)	4.07	9.1	-306.9	-183.13	231.14
Total Debt/Total Assets (%)	3.14	6.42	12.06	38.78	47.16
Net Debt to Equity	-112.98	-116.7	254.77	32.69	122.26
Net Debt/Capital (%)	870.48	1,432.86	83.57	30.71	63.5
EBITDA	-4	-2	-12	-6	-8
EBITDA-CapEx	-4	-2	-12	-6	-8
Operating Income (Loss)	-4	-3	-13	-7	-9

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	3.37	2.22	0.39	0.29	0.75
Current Ratio	3.86	2.77	0.8	0.57	0.94
Quick Ratio	3.68	2.68	0.58	0.43	0.81
CFO/Avg Current Liab	- -	-0.21	-1.41	-0.61	-0.52
Common Equity/Total Assets	74.18	64.09	-15.98	-59.95	-26.76
Long-Term Debt/Equity (%)	- -	2.88	- -	- -	- -
Long-Term Debt/Capital (%)	- -	2.62	- -	-66.46	148.98
Long-Term Debt/Total Assets (%)	- -	1.85	- -	14.07	30.39
Total Debt/Equity (%)	4.24	10.01	-75.42	-64.68	-176.25
Total Debt/Capital (%)	4.07	9.1	-306.9	-183.13	231.14
Total Debt/Total Assets (%)	3.14	6.42	12.06	38.78	47.16
CFO/Total Liabilities	-60.97	-17.29	-106.77	-47.55	-36.56
CFO/CapEx	-416.86	- -	- -	- -	- -
Altman's Z-Score	19.58	14.87	-4.95	-3.7	-3.16

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	13.61	7.78	12.2	10.42
Days Sales Outstanding	- -	26.83	46.9	29.93	35.03
Inventory Turnover	- -	- -	88.49	49.79	16.98
Days Inventory Outstanding	- -	- -	4.12	7.33	21.49
Accounts Payable Turnover	- -	6.96	3.82	4.91	3.16
Accounts Payable Turnover Days	- -	52.41	95.44	74.3	115.43
Cash Conversion Cycle	- -	-25.58	-44.42	-37.04	-58.91
Inventory to Cash Days	- -	26.83	42.77	22.6	13.54
Inventories	- -	- -	- -	- -	1
Raw Materials	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	1

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	154	158	40	64	44
- Cash & Cash Equivalents	16	14	5	5	15
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
+ Total Debt	1	1	1	5	10
Enterprise Value	138	145	37	63	38
Total Capital	14	13	- -	-3	4
Total Debt/Capital (%)	4.07	9.1	-306.9	-183.13	231.14
Total Debt / EV	- -	0.01	0.04	0.07	0.26
EV/Sales	9.08	5.73	2.03	2.15	1.95
EV/EBITDA	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -
Diluted Market Cap	154	158	35	51	38
Diluted Enterprise Value	138	145	31	50	32
EV per Share	8.82	9.27	2.25	2.81	1.25
TTM Sales	15	25	18	30	20
TTM EBITDA	-4	-2	-12	-6	-8
TTM Operating Income	-4	-3	-13	-7	-9
TTM Cash Flow to Firm	-3	-1	-13	-6	-8
TTM Free Cash Flow to Firm	-3	-1	-13	-6	-8

Multiples (USD)

Valuation Multiples API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-52.87	-136.36	-2.62	-5.52	-3.8
EV/EBIT	- -	- -	- -	- -	- -
Enterprise Value	138	145	37	63	38
Low Price	9.62	9.71	2.2	0.82	1.04
EV/Sales	9.08	5.73	2.03	2.15	1.95
EV/EBITDA	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -
Price/Earnings Average	-29.09	-53.09	-5.53	-2.12	-6.63
Price/Earnings High	-29.87	-58.18	-13.17	-4.4	-11.24
Price/Earnings Low	-28.76	-52.31	-1.49	-0.97	-3.64
Price/Book Value	11.19	13.21	-23.46	-8.82	-7.61
Price/Book Value Average	11.1	12.89	-78.02	-5.57	-10.14
Price/Book Value High	11.4	14.12	-185.93	-11.59	-17.2
Price/Book Value Low	10.97	12.7	-20.98	-2.57	-5.57
Price/Tangible Book Value	11.19	13.21	-23.46	-8.82	-7.61
Price/Tangible Book Value Average	11.1	12.89	-78.02	-5.57	-10.14
Price/Tangible Book Value High	11.4	14.12	-185.93	-11.59	-17.2
Price/Tangible Book Value Low	10.97	12.7	-20.98	-2.57	-5.57
Price/Sales	10.1	6.25	1.92	1.72	1.92
Price/Sales Average	10.02	6.09	6.38	1.08	2.55
Price/Sales High	10.28	6.68	15.21	2.26	4.33
Price/Sales Low	9.9	6	1.72	0.5	1.4
Price/Cash Flow	-52.74	-136.36	-2.62	-5.52	-3.8
Price/Cash Flow Average	-52.32	-133.04	-8.71	-3.49	-5.06
Price/Cash Flow High	-53.71	-145.81	-20.75	-7.25	-8.58
Price/Cash Flow Low	-51.72	-131.1	-2.34	-1.61	-2.78
Price/Free Cash Flow Average	-52.44	-133.04	-8.71	-3.49	-5.06
Price/Free Cash Flow High	-53.84	-145.81	-20.75	-7.25	-8.58
Price/Free Cash Flow Low	-51.85	-131.1	-2.34	-1.61	-2.78
EV/Sales Average	9	5.58	7.19	1.35	2.69
EV/Sales High	9.26	6.17	17.4	2.83	4.74
EV/Sales Low	8.88	5.49	1.79	0.61	1.35
EV/EBITDA Average	-32.82	-68.12	-10.59	-6.67	-6.63
EV/EBITDA High	-33.79	-75.26	-25.63	-13.95	-11.7
EV/EBITDA Low	-32.4	-67.03	-2.64	-3.03	-3.34
EV/EBIT Average	-32.81	-53.5	-10	-6.07	-6.14
EV/EBIT High	-33.79	-59.11	-24.2	-12.7	-10.83
EV/EBIT Low	-32.4	-52.65	-2.49	-2.76	-3.09
Last Price	9.81	10.1	2.46	2.83	1.42
High Price	9.99	10.8	19.5	3.72	3.21
Enterprise Value Average	137	142	130	40	53
Enterprise Value High	141	156	314	84	93
Enterprise Value Low	135	139	32	18	27

Shares Outstanding	16	16	16	23	31
Diluted Weighted Avg Shares	16	16	14	18	27
Basic Weighted Avg Shares	16	16	14	18	27
Revenue per Share	0.97	1.62	1.28	1.65	0.74
EBITDA per Share	-0.27	-0.13	-0.87	-0.33	-0.3
Operating Income per Share	-0.27	-0.17	-0.92	-0.37	-0.32
Basic EPS, GAAP	-0.33	-0.19	-1.48	-0.85	-0.29
Basic EPS from Cont Ops	-0.25	-0.19	-1.48	-0.85	-0.29
Diluted EPS, GAAP	-0.33	-0.19	-1.48	-0.85	-0.29
Diluted EPS from Cont Ops	-0.25	-0.19	-1.48	-0.85	-0.29
Dividend per Share	- -	- -	- -	- -	- -
Cash Flow per Share	-0.19	-0.07	-0.94	-0.51	-0.37
Free Cash Flow per Basic Share	-0.19	-0.07	-0.94	-0.51	-0.37
Cash & Equivalents per Share	1.03	0.9	0.29	0.23	0.5
Book Value per Share	0.88	0.76	-0.1	-0.32	-0.19
Tangible Book Value per Share	0.88	0.76	-0.1	-0.32	-0.19

Spectral AI, Inc.

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Profitability (USD)

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Per Share Data Items (USD)