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RZLV

REZOLVE AI PLC

RZLV

REZOLVE AI PLC NASDAQ
$3.06 2.85% (+0.09)

Market Cap $795.08 M
52w High $8.45
52w Low $1.07
Dividend Yield 0%
P/E -3.65
Volume 5.36M
Outstanding Shares 259.40M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $6.317M $38.465M $-57.853M -915.83% $-0.24 $-30.874M
Q4-2024 $67.194K $64.247M $-79.902M -118.912K% $-0.38 $-64.161M
Q2-2024 $26.7K $4.851M $-381K -1.427K% $-0.007 $-4.772M
Q4-2023 $0 $637.839K $-340K 0% $-0.042 $136.113K
Q2-2023 $0 $818.698K $-27.143K 0% $-0.002 $1.13M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $9.857M $80.102M $94.392M $-14.29M
Q4-2024 $9.451M $19.788M $57.785M $-37.997M
Q2-2024 $60.298K $3.96M $66.91M $-62.949M
Q2-2023 $40.464K $37.235M $7.875M $29.359M
Q2-2022 $439.863K $150.712M $3.463M $147.249M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-28.926M $-9.905M $45.735K $10.009M $0 $-9.95M
Q4-2024 $-79.902M $-8.372M $-1.082M $14.156M $0 $-8.373M
Q2-2024 $-1.423M $-259K $-148.857K $313.134K $-94.48K $-259K
Q4-2023 $-720.628K $-230.678K $-425.402K $644.322K $0 $-230.68K
Q2-2023 $-17.276M $-8.818M $-112.664K $9.172M $121.091K $-8.826M

Five-Year Company Overview

Income Statement

Income Statement Rezolve AI’s income statement shows a business that is still in the “building” phase rather than the “earning” phase. Over the last several years, the company effectively reported no revenue, while continuing to record operating losses. That means expenses for staff, technology, and overhead are going out the door without any material offsetting sales yet. Losses have been persistent and appear to be widening recently, suggesting the company is leaning into growth and development before commercialization. The very large swing in earnings per share is driven more by changes in share count and capital structure than by any real change in the underlying business performance.


Balance Sheet

Balance Sheet The balance sheet is very thin and fragile. Total assets are tiny, cash is very limited, and reported debt is higher than the asset base. Equity has been negative in recent years, which means the company is balance‑sheet insolvent on these figures and is effectively funded by creditors and external financing rather than by internally generated capital. There are no sizable tangible assets to fall back on. This profile is typical of an early‑stage, high‑risk tech company, but it also means financial flexibility is constrained and the company is sensitive to any disruption in access to new funding. Also, the narrative about large financing commitments does not line up neatly with these small reported balances, which may indicate timing issues, partial data, or pro‑forma figures not yet reflected in historical statements.


Cash Flow

Cash Flow Cash flow mirrors the income statement: money is being spent, not generated. Operating cash flow has been consistently negative, reflecting ongoing spending on salaries, development, and operations without corresponding cash inflows from customers. Free cash flow is also negative, and there is essentially no reported spending on physical assets, so the burn is mainly operating rather than capital intensive. The absolute level of cash burn shown here is modest, but given the very low cash balance, the company remains heavily dependent on fresh external funding to keep operating and to scale its platform.


Competitive Edge

Competitive Edge On paper, Rezolve AI is aiming for a strong niche: an AI platform built specifically for retail and e‑commerce, rather than a general‑purpose model. The proprietary “brainpowa” engine, its focus on reducing cart abandonment and improving online conversion, and integrations through Microsoft Azure and Google Cloud give it real strategic talking points. Its emphasis on retail‑specific accuracy and multi‑language support could create stickiness with merchants if the technology consistently outperforms generic tools. However, the competitive environment is intense: major cloud providers and large retailers are also building their own AI commerce solutions. Rezolve’s challenge is to turn partnerships, pilots, and marketing momentum into broad, paying, long‑term deployments before larger, better‑funded players close the gap or absorb the opportunity. Network effects and data advantages are still largely potential rather than fully proven at scale.


Innovation and R&D

Innovation and R&D Innovation is where Rezolve AI clearly shines conceptually. The company has built a specialized commerce LLM, wrapped it in a “Brain Suite” of products (Commerce, Checkout, Assistant), and is pushing the idea of “agentic commerce,” where AI agents can browse, negotiate, and buy on behalf of users. It has also bolted on payment and data capabilities through acquisitions like Smartpay and Subsquid, and is experimenting with crypto‑based payment rails aimed at lowering merchant fees. This is an ambitious and forward‑looking roadmap that could be very powerful if widely adopted. At the same time, it carries typical early‑stage risks: technical execution, integration of acquired pieces, regulatory and compliance hurdles (especially around payments and crypto), and the need to constantly invest in R&D just to keep pace with rapid advances in AI. The innovation story is strong, but commercial proof and operational robustness will matter far more over the next few years.


Summary

Rezolve AI is currently a story‑driven, early‑stage technology company: it has an ambitious vision and interesting AI products aimed at reshaping online retail, but its financials still look like those of a pre‑revenue startup. There is no meaningful recorded revenue yet, losses are recurring, and the balance sheet is weak with negative equity and minimal cash, implying heavy reliance on external financing. On the positive side, the company has carved out a clear niche in retail‑focused AI, built proprietary technology, formed brand‑name cloud partnerships, and articulated a bold plan around agentic commerce and next‑generation payment rails. The main questions going forward are whether it can convert this vision, customer interest, and partnership channel into stable, recurring revenue, and whether it can strengthen its financial position fast enough to support ongoing innovation. The opportunity is significant but paired with high execution and financing risk, typical of speculative, development‑stage tech businesses.