Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Spectral AI, Inc. (MDAI) had Return on Tangible Equity of -178.17% for the most recently reported fiscal quarter, ending 2025-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2025-03-31

Income Statement Financials
Revenue	$6.71M
Net Income	$2.90M
Cost of Goods Sold	$3.54M
Gross Profit	$3.17M
Operating Expenses	$7.60M
Operating Income	$-0.90M
Non-Operating Income/Expense	$3.86M
Pre-Tax Income	$2.97M
Normalized Pre-Tax Income	$2.97M
Income after Taxes	$2.90M
Income from Continuous Operations	$2.90M
Consolidated Net Income/Loss	$2.90M
Normalized Income after Taxes	$2.90M
EBIT	$-0.90M
EBITDA	$-0.75M
Weighted-Average Shares Outstanding (Basic)	22.99M
Weighted-Average Shares Outstanding (Diluted)	24.03M
Earnings per Share (EPS) (Basic)	$0.13
Earnings per Share (EPS) (Diluted)	$0.13
Balance Sheet Financials
Current Assets	$18.73M
Property, Plant, and Equipment	$0.16M
Long-Term Assets	$1.99M
Total Assets	$20.72M
Current Liabilities	$13.31M
Long-Term Debt	$7.51M
Long-Term Liabilities	$9.04M
Total Liabilities	$22.35M
Common Equity	$-1.63M
Tangible Shareholders Equity	$-1.63M
Shareholders Equity	$-1.63M
Common Shares Outstanding	25.59M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-1.50M
Cash Flow from Investing Activities	--
Cash Flow from Financial Activities	$10.39M
Beginning Cash	$5.16M
End Cash	$14.06M
Increase/Decrease in Cash	$8.90M
Stock-Based Compensation	$0.20M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.41
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	1.28
Debt to Equity Ratio	-4.77
Gross Margin	47.23%
Operating Margin	-13.36%
EBIT Margin	-13.36%
EBITDA Margin	--
Pre-Tax Profit Margin	44.25%
Profit Margin	43.19%
Free Cash Flow	$-1.50M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.32
Inventory Turnover	8.10
Receiveable Turnover	3.19
Days Sales in Receivables	28.22
Return on Equity	-178.17%
Return on Tangible Equity	-178.17%
Return on Assets	13.98%
Return on Investments	49.22%
Book Value Per Share	$-0.06
Free Cash Flow per Share	$-0.06
Operating Cash Flow per Share	$-0.06

Data from Zacks Investment Research, Inc.