SS Innovations International, Inc.

SS Innovations International, Inc. (SSII) reported a net loss of $12.1 million for fiscal year 2025, driven by an operating loss of $8.2 million and a significant income tax expense of $4.0 million. Total revenue was $42.5 million, generating a gross profit of $19.5 million (gross margin of 45.9%). However, high operating expenses of $27.7 million, including substantial stock compensation expense of $8.1 million and selling, general and administrative expense of $14.8 million, resulted in negative operating performance. The company's cash position improved by $4.0 million to $7.1 million, primarily due to $26.2 million in net cash provided by financing activities, including $28.0 million from convertible notes issued to the principal shareholder. Total comprehensive loss was $13.4 million, reflecting both the net loss and other comprehensive losses. The balance sheet shows total assets of $74.2 million with stockholders' equity of $38.2 million, though accumulated deficit stands at $55.8 million.

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