SAIHEAT Limited most recently reported annual revenue of $5.0M, a net loss of $6.0M. Revenue grew at an average annual rate of 20.1% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
SAIHEAT Limited: Revenue rose from $2.0M in 2020 to $5.0M in 2025, a change of +150.0% over 5 years; net profit was positive in 0 of 7 reported years; operating margin moved from 14.4% to -116.5%, a shift of -130.9 percentage points; the most recent year shows a net loss of $6.0M.
Income Statement — 7 Years (USD millions)
Metric
2019
2020
2021
2022
2023
2024
2025
Revenue
—
$2.0M
$17.0M
$11.0M
$7.0M
$6.0M
$5.0M
Operating Expenses
—
$2.0M
$33.0M
$18.0M
$14.0M
$13.0M
$10.0M
Operating Profit
—
$0
$-16.0M
$-7.0M
$-7.0M
$-8.0M
$-5.0M
Operating Margin
0.0%
14.4%
-96.6%
-70.2%
-108.8%
-142.7%
-116.5%
Other Income
—
$0
$0
$-1.0M
$1.0M
$2.0M
$-1.0M
Interest
$0
$0
$0
$0
$0
$0
$0
Depreciation
—
$0
$0
$2.0M
$2.0M
$2.0M
$2.0M
Profit Before Tax
—
$0
$-17.0M
$-9.0M
$-6.0M
$-6.0M
$-6.0M
Tax
—
$11.6M
$-140,000
$0
$0
$0
$0
Net Profit
—
$0
$-17.0M
$-9.0M
$-6.0M
$-6.0M
$-6.0M
EPS
$0.00
$1.01
$-19.37
$-6.72
$-3.79
$-3.46
$-3.51
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 7 Quarters (USD millions)
Metric
Jun '21
Dec '21
Jun '22
Dec '22
Dec '24
Jun '25
Dec '25
Revenue
$0
$0
$11.0M
$0
$2.0M
$4.0M
$1.0M
Operating Expenses
$0
$1.0M
$14.0M
$4.0M
$7.0M
$7.0M
$3.0M
Operating Profit
$0
$-1.0M
$-3.0M
$-4.0M
$-5.0M
$-3.0M
$-2.0M
Operating Margin
0.0%
0.0%
-29.3%
3786.6%
-216.4%
-87.8%
-276.1%
Interest
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$0
$-1.0M
$-4.0M
$-5.0M
$-4.0M
$-3.0M
$-4.0M
Tax
$0
$0
$0
$0
$0
$0
$0
Net Profit
$0
$-1.0M
$-4.0M
$-5.0M
$-4.0M
$-3.0M
$-4.0M
EPS
$0.00
$-3.46
$-2.78
$-3.94
$-2.25
$-1.57
$-1.95
Over the 7 years reported for SAIHEAT Limited, cash stood at $0 in the latest year, shareholders' equity was $0, current assets covered current liabilities 2.20 times.
Balance Sheet — 7 Years (USD millions)
Metric
2019
2020
2021
2022
2023
2024
2025
Total Assets
$0
$4.0M
$12.0M
$21.0M
$18.0M
$19.0M
$13.0M
Current Assets
$0
$3.0M
$7.0M
$19.0M
$12.0M
$11.0M
$11.0M
Cash
$0
$1.0M
$4.0M
$11.0M
$3.0M
$1.0M
$0
Inventory
$0
$1.0M
$0
$0
$0
$1.0M
$0
Receivables
$0
$1.0M
$2.0M
$2.0M
$1.0M
$1.0M
$1.0M
Fixed Assets
$0
$0
$4.0M
$2.0M
$6.0M
$5.0M
$1.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
Investments
$0
$0
$0
$0
$0
$0
$0
Other Assets
$0
$0
$0
$0
$0
$0
$0
Total Liabilities
$0
$4.0M
$14.0M
$1.0M
$1.0M
$4.0M
$5.0M
Current Liabilities
$0
$0
$1.0M
$1.0M
$1.0M
$4.0M
$5.0M
Borrowings
$0
$0
$0
$0
$1.0M
$3.0M
$4.0M
Other Liabilities
$0
$4.0M
$14.0M
$0
$0
$1.0M
$1.0M
Equity
$0
$0
$0
$0
$0
$0
$0
Reserves
$0
$0
$-2.0M
$20.0M
$17.0M
$14.0M
$7.0M
For SAIHEAT Limited, operating cash flow was positive in 0 of 7 reported years; free cash flow in the latest year was negative at $8.0M; free cash flow was positive in 0 of 7 years.
SAIHEAT Limited (SAIH) reported annual revenue of $5.0M in its most recent fiscal year.
What is SAIHEAT Limited's net profit?
SAIHEAT Limited (SAIH) reported a net loss of $6.0M in its most recent fiscal year.
What is SAIH EV/EBITDA?
SAIHEAT Limited's enterprise value to EBITDA (EV/EBITDA) ratio is -9.37. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.