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BNZIW

Banzai International, Inc.

BNZIW

Banzai International, Inc. • NASDAQ
$0.02 ▲ 1.17% (+0.00)
Market Cap $10.45 M
52w High $0.02
52w Low $0.02
Dividend Yield 0%
P/E 0
Volume 1.26K
Outstanding Shares 581.91M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.845M ▼ $6.461B ▲ $-5.888B ▼ -206.981K% ▼ $-1.64 ▲ $-4.929B ▼
Q2-2025 $3.262M ▼ $7.413M ▼ $-7.794M ▼ -238.907% ▼ $-40.8 ▼ $-7.182M ▼
Q1-2025 $3.379M ▲ $7.433M ▲ $-3.643M ▲ -107.81% ▲ $-1.52 ▼ $-2.959M ▲
Q4-2024 $1.3M ▲ $4.848M ▲ $-7.854M ▲ -604.154% ▲ $18.55 ▲ $-7.166M ▲
Q3-2024 $1.081M $3.514M $-15.414M -1.426K% $-48.73 $-14.318M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $851.356M ▲ $32.987B ▲ $27.546B ▲ $5.44B ▲
Q2-2025 $2.254M ▲ $34.676M ▲ $31.517M ▲ $3.158M ▲
Q1-2025 $780.764K ▼ $33.68M ▲ $30.735M ▲ $2.945M ▲
Q4-2024 $1.087M ▼ $25.674M ▲ $28.438M ▼ $-2.764M ▲
Q3-2024 $4.264M $7.312M $30.158M $-22.846M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-5.888M ▲ $-4.394M ▼ $0 $3.062M ▼ $-1.403M ▼ $-4.394M ▼
Q2-2025 $-7.794M ▼ $-4.047M ▲ $0 ▲ $5.52M ▼ $1.473M ▲ $-4.047M ▲
Q1-2025 $-3.643M ▲ $-4.976M ▼ $-2.677M ▼ $7.346M ▲ $-306.733K ▲ $-4.976M ▼
Q4-2024 $-7.854M ▲ $-4.212M ▼ $82.219K ▲ $954.11K ▼ $-3.176M ▼ $-4.212M ▼
Q3-2024 $-15.414M $-1.55M $0 $5.342M $3.792M $-1.55M

Five-Year Company Overview

Income Statement

Income Statement The company looks very early-stage from an operating standpoint. Reported revenue is essentially negligible over the last several years, while operating losses and net losses have been steady. That means the business is still in “building mode,” spending more on development, marketing, and overhead than it is bringing in from customers. Earnings per share figures swing sharply year to year, which usually reflects changes in share count and SPAC structure more than real business performance. Overall, this is a story of an emerging platform that has not yet translated its product strategy into meaningful, recurring revenue or profits.

Balance Sheet

Balance Sheet The balance sheet appears very thin, with a small asset base, almost no reported cash, and a modest but meaningful level of debt relative to its size. Equity has even dipped negative in some recent years, which signals accumulated losses and limited capitalization. In simple terms, there is not much financial cushion here: the company does not have a large pool of resources to absorb setbacks, and it likely depends on external funding or new capital raises to support its growth and acquisition plans.

Cash Flow

Cash Flow Cash flows mirror the income statement: operating cash flow is slightly negative, and free cash flow is also negative but small in absolute terms. Capital spending is minimal, which fits a software-heavy, asset-light model. However, with little internal cash generation and essentially no cash buffer shown, the company’s growth and acquisition strategy likely depends on raising money rather than funding itself from operations. The key risk is whether it can bridge the gap between today’s losses and a future point where the platform becomes self-funding.

Competitive Edge

Competitive Edge Strategically, Banzai is trying to carve out a niche in marketing technology by offering an integrated, AI-driven toolkit for webinars, outreach, newsletters, websites, and video. The vision is to solve the common marketer pain point of juggling many disconnected tools, and instead become a one-stop engagement platform with strong analytics and automation. The “land and expand” approach—starting with one easy-to-adopt product and layering in others—can create stickier customer relationships if execution is strong. At the same time, the company operates in a very crowded space with large, well-funded marketing cloud and point-solution competitors. Its moat is still emerging and depends heavily on how well it integrates products, differentiates its AI capabilities, and proves value to mid-market and enterprise customers.

Innovation and R&D

Innovation and R&D Innovation is the clear strength of the story. The company is leaning hard into AI to automate key marketing tasks: webinar moderation, outbound calling, newsletter creation, website building, and video content production. It is also using acquisitions to quickly broaden its product set, aiming to connect these tools into a coherent, data-rich platform. This creates upside potential if customers value the time savings and improved results enough to standardize on Banzai’s ecosystem. The flip side is that this strategy is complex and capital intensive—integrating multiple acquired products, keeping AI capabilities competitive, and continuously enhancing the platform all require sustained investment and strong product management.

Summary

Overall, BNZIW reflects an early-stage, high-innovation software platform with limited current scale and meaningful financial fragility. The company’s core bet is that an integrated, AI-powered marketing suite will stand out in a fragmented MarTech landscape and enable a long-term “ecosystem” around its tools. So far, the financials show tiny revenue and ongoing losses, with a very small balance sheet and reliance on external funding rather than internal cash generation. Future outcomes will largely hinge on execution: winning and retaining larger customers, successfully integrating acquired technologies, sharpening the platform’s differentiation, and moving toward a more sustainable profit and cash-flow profile. Uncertainty is high, but so is the strategic ambition.