Presto Automation Inc. financial data

Symbol
PRST, PRSTW on OTC
Industry
Services-Prepackaged Software
Location
1 East Putnam Avenue, Floor 4, Greenwich, CT
State of incorporation
DE
Fiscal year end
June 30
Former names
Ventoux CCM Acquisition Corp. (to 9/21/2022)
Latest financial report
10-Q - Q1 2024 - May 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 28.8 % -55.9%
Quick Ratio 0.62 % -33.2%
Debt-to-equity -173 % +28.4%
Return On Equity 149 %
Return On Assets -204 % -5771%
Operating Margin -336 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 106M shares
Common Stock, Shares, Outstanding 104M shares +101%
Entity Public Float 46.2M USD
Common Stock, Value, Issued 5K USD +1060%
Weighted Average Number of Shares Outstanding, Basic 83.7M shares +62.8%
Weighted Average Number of Shares Outstanding, Diluted 83.7M shares +62.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.78M USD +7.61%
Revenue from Contract with Customer, Excluding Assessed Tax 18.6M USD -32.6%
Cost of Revenue 19.7M USD -35.4%
Research and Development Expense 18.8M USD -14.9%
Selling and Marketing Expense 7.98M USD -7.27%
General and Administrative Expense 34.7M USD +67.9%
Operating Income (Loss) -62.6M USD -44.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -67.3M USD -3481%
Income Tax Expense (Benefit) 45K USD +1400%
Net Income (Loss) Attributable to Parent -67.3M USD -3503%
Earnings Per Share, Basic -1.83 USD/shares -439%
Earnings Per Share, Diluted -1.52 USD/shares -791%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.24M USD -84.3%
Cash, Cash Equivalents, and Short-term Investments 59.2M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.25M USD -43.5%
Inventory, Net 181K USD -54.2%
Assets, Current 8.16M USD -76.8%
Other Long-term Investments 766K USD
Property, Plant and Equipment, Net 577K USD -52.5%
Operating Lease, Right-of-Use Asset 200K USD -66.7%
Intangible Assets, Net (Excluding Goodwill) 8.13M USD -3.68%
Goodwill 1.16M USD 0%
Other Assets, Noncurrent 291K USD -49.7%
Assets 20.4M USD -58%
Accounts Payable, Current 4.11M USD +25.7%
Employee-related Liabilities, Current 198K USD
Accrued Liabilities, Current 4.17M USD +0.36%
Contract with Customer, Liability, Current 960K USD -38.1%
Liabilities, Current 71.5M USD +7.3%
Long-term Debt and Lease Obligation 407K USD
Contract with Customer, Liability, Noncurrent 15K USD -94.3%
Operating Lease, Liability, Noncurrent 17K USD -94.7%
Other Liabilities, Noncurrent 8K USD -98.1%
Liabilities 78.6M USD +11%
Retained Earnings (Accumulated Deficit) -266M USD -33.9%
Stockholders' Equity Attributable to Parent -58.2M USD -162%
Liabilities and Equity 20.4M USD -58%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -10.5M USD +5.66%
Net Cash Provided by (Used in) Financing Activities -52K USD -100%
Net Cash Provided by (Used in) Investing Activities -1.28M USD +6.77%
Common Stock, Shares Authorized 180M shares 0%
Common Stock, Shares, Issued 107M shares +106%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 56.2M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.24M USD -84.3%
Deferred Tax Assets, Valuation Allowance 56.5M USD +45.8%
Deferred Tax Assets, Gross 57.7M USD +45%
Operating Lease, Liability 491K USD
Depreciation 1M USD -75%
Payments to Acquire Property, Plant, and Equipment 56K USD +19.1%
Lessee, Operating Lease, Liability, to be Paid 547K USD -11.5%
Property, Plant and Equipment, Gross 5.86M USD -8.22%
Operating Lease, Liability, Current 230K USD -32.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 143K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 404K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 56K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 273K USD
Deferred Tax Assets, Operating Loss Carryforwards 43M USD +38.6%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 0 USD -100%
Preferred Stock, Shares Authorized 1.5M shares 0%
Unrecognized Tax Benefits 5.46M USD +11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 218K USD
Operating Lease, Payments 95K USD
Additional Paid in Capital 209M USD +18.2%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 218K USD
Amortization of Intangible Assets 1.7M USD +400%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 273K USD
Deferred Tax Assets, Net of Valuation Allowance 1.18M USD +16.8%
Share-based Payment Arrangement, Expense 8.04M USD -54.3%
Operating Leases, Future Minimum Payments, Due in Three Years 127K USD
Operating Leases, Future Minimum Payments Due 618K USD
Interest Expense 13.8M USD +20.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%