SVRN revenueFY2024$25.70M
- FY YoY
- +35.6%
SVRN revenue was $25.70M for fiscal 2024 (ended Dec 31, 2024), up 35.6% from fiscal 2023.
SVRN Inc. (SVRN) financials
For fiscal 2024 (ended Dec 31, 2024), SVRN Inc. reported $25.70M of revenue and -$17.86M of net income.
- Revenue, FY2024
- $25.70M
- Revenue growth, YoY
- +35.6%
- Net income, FY2024
- -$17.86M
- Net margin
- -69.5%
- Free cash flow, FY2024
- -$22.44M
- EPS, diluted, FY2024
- -$2.64
- Cash
- $7.16M
- P/S
- 1.04
- Market cap
- $26.7M
FY2022FY2024
FY2019FY2024
FY2019FY2024
SVRN revenue and earnings growth
SVRN net incomeFY2024-$17.86M
SVRN net income was -$17.86M for fiscal 2024 (ended Dec 31, 2024), compared with -$1.98M in fiscal 2023.
SVRN EPSFY2024-$2.64
SVRN diluted EPS was -$2.64 for fiscal 2024 (ended Dec 31, 2024).
SVRN free cash flowFY2024-$22.44M
SVRN free cash flow was -$22.44M for fiscal 2024 (ended Dec 31, 2024), compared with -$3.55M in fiscal 2023.
Income statement
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|
| Revenue | $25.70M | $18.96M | $19.09M | - | - |
| Selling, general and admin | $6.21M | $5.28M | $3.08M | - | - |
| Operating income | -$18.05M | -$7.72M | -$326.0K | - | - |
| Interest expense | $109.0K | $909.0K | $0 | - | - |
| Net income | -$17.86M | -$1.98M | -$326.0K | -$3.80M | -$1.86M |
| EPS, basic | -$2.64 | -$2.02 | -$17.18 | - | - |
| EPS, diluted | -$2.64 | -$3.83 | -$17.18 | - | - |
| Diluted shares | 7.5M | 3.4M | 155,655 | - | - |
Balance sheet
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|
| Cash and equivalents | $7.16M | $14.84M | $8.45M | $39.6K | $1.9K |
| Receivables | $40.0K | $2.96M | $4.25M | - | - |
| Inventory | $1.60M | $287.0K | $334.0K | - | - |
| Current assets | $14.11M | $20.04M | $14.17M | - | - |
| Total assets | $89.46M | $94.84M | $79.02M | - | - |
| Current liabilities | $5.09M | $2.29M | $2.46M | - | - |
| Shareholders' equity | $84.37M | $92.56M | $76.56M | - | - |
Cash flow
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|
| Operating cash flow | -$3.53M | $815.0K | $1.51M | -$2.72M | $1.44M |
| Capital expenditures | $18.91M | $4.37M | $5.09M | $1.47M | $0 |
| Free cash flow | -$22.44M | -$3.55M | -$3.58M | -$4.20M | $1.44M |
| Investing cash flow | -$2.52M | -$6.01M | -$5.09M | -$1.47M | $0 |
| Financing cash flow | -$1.64M | $11.58M | $10.36M | $4.24M | -$1.50M |
| Dividends paid | - | - | $3.10M | - | - |
| Depreciation and amortization | $7.20M | $7.67M | $4.90M | $2.15M | $2.48M |
Key ratios
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|
| Revenue growth, YoY | 35.6% | -0.7% | - | - | - |
| Operating margin | -70.2% | -40.7% | -1.7% | - | - |
| Net margin | -69.5% | -10.4% | -1.7% | - | - |
| Free cash flow margin | -87.3% | -18.7% | -18.8% | - | - |
| Return on equity | -21.2% | -2.1% | -0.4% | - | - |
| Return on assets | -20.0% | -2.1% | -0.4% | - | - |
| Current ratio | 2.77 | 8.77 | 5.76 | - | - |
Source: XBRL data SVRN Inc. files with the SEC, latest filing dated Apr 15, 2025 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-20, first reported Apr 15, 2024.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
SVRN peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SVRN | $25.70M | +35.6% | -$17.86M | -69.5% | $26.7M |
| GD | $56.52B | +9.7% | $4.66B | 8.2% | $95.67B |
| RCL | $19.13B | +9.7% | $4.55B | 23.8% | $87.50B |
| CCL | $27.59B | +5.2% | $3.14B | 11.4% | $39.77B |
| VIK | $6.50B | +21.9% | $1.15B | 17.7% | $39.00B |
| BIP | $23.10B | +9.8% | $2.53B | 11.0% | $18.06B |
| HII | $13.53B | +12.6% | $733.00M | 5.4% | $11.38B |
| FRO | $1.97B | -8.8% | $379.08M | 19.2% | $10.11B |
| NCLH | $10.16B | +4.9% | $832.94M | 8.2% | $8.23B |
SVRN FAQ
8 questionsWhat is SVRN revenue?
SVRN Inc. (SVRN) reported $25.70M of revenue for fiscal 2024 (ended Dec 31, 2024). That is up 35.6% from the year before.Is SVRN profitable?
No. SVRN Inc. reported a net loss of $17.86M for fiscal 2024 (ended Dec 31, 2024).How much cash and debt does SVRN have?
SVRN Inc. reported $7.16M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is SVRN revenue growing?
SVRN Inc.'s revenue changed +35.6% in fiscal 2024, to $25.70M.What is SVRN free cash flow?
SVRN Inc. generated -$22.44M of free cash flow for fiscal 2024 (ended Dec 31, 2024), which is operating cash flow of -$3.53M less capital expenditures.What is SVRN earnings per share?
Diluted earnings per share were -$2.64 for fiscal 2024 (ended Dec 31, 2024), from SEC filings, restated for any stock split those filings show.When did SVRN last report financial results?
The latest statements here come from SVRN Inc.'s 20-F filed on Apr 15, 2025, covering the period ended Dec 31, 2024.Where does this SVRN financial data come from?
Quantisnow builds these statements from the structured XBRL data SVRN Inc. files with the SEC. It is provided for information only and is not investment advice.