/
Company Overview Cyngn Inc. is an autonomous vehicle ( AV ) technology company that is focused on addressing industrial uses for autonomous vehicles. We believe that technological innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today.
The business is unprofitable at the operating level (-11731.08% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 40.5% YoY. Margins deteriorated 5530.1pp alongside, both lines moving the wrong way.
Negative free cash flow of -$25M. The business is consuming cash, not generating it. Operating margin contracted 5530.1pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$276K
▼ -40.5% YoY
Net Income (TTM)
-$26M
▲ +29.6% YoY
Op. Margin
-9918.70%
▼ -5530.1pp YoY
ROIC
-42.93%
▲ +213.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$27M
▼ -22.5% YoY
Op. Cash Flow (TTM)
-$25M
▼ -22.8% YoY
Net Debt
-$37M
Net Cash Position
Cash & Equiv.
$44M
3Y CAGR: -5.8%
Continue Research