CXApp Inc. CXAI
CXApp Inc. ("CXApp" or the "Company") is a leading provider of AI-powered employee experience solutions, delivering enterprise-grade software that enhances workplace engagement, productivity, and operational efficiency. Our cloud-based, mobile-first platform integrates artificial intelligence, automation, and real-time analytics to streamline workplace interactions across people, spaces, and technology. By leveraging advanced mapping, location intelligence, and digital workplace tools, CXApp enables organizations to optimize hybrid work environments and foster meaningful employee experiences.
As businesses continue adapting to the evolving nature of work, CXApp is positioned as a strategic enabler of digital transformation, helping enterprises navigate the complexities of workspace utilization, employee engagement, and intelligent automation. Our commitment to innovation and customer success has allowed us to establish a strong presence in key industries, including technology, financial services, healthcare, and corporate real estate.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.6M | $7.1M | — | — | — | — |
| Cost of revenue | $578.0K | $1.3M | — | — | — | — |
| Gross profit | $4.0M | $5.9M | $5.6M | — | — | — |
| R&D | $6.6M | $6.4M | — | — | — | — |
| SG&A | $8.0M | $7.2M | — | — | — | — |
| Total operating expenses | $21.6M | $19.6M | — | — | — | — |
| Operating income | -$17.6M | -$13.7M | — | -$3.0M | -$1.5M | — |
| Interest expense | $2.0K | $1.1M | — | $421.5K | $68.3K | — |
| Pre-tax income | -$13.5M | -$20.0M | — | $8.4M | $9.2M | — |
| Income tax | $46.0K | $635.0K | — | $49.2K | — | — |
| Net income | -$13.47B | -$19.41B | — | $8.3M | $9.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $11.1M | $4.9M | $6.3M | $224.5K | $406.1K | $1.0M |
| Receivables | $789.0K | $1.7M | — | — | — | — |
| Total current assets | $12.8M | $7.1M | $9.0M | $8.8M | $532.8K | $1.5M |
| Property, plant and equipment | $39.0K | $64.0K | — | — | — | — |
| Goodwill | $6.6M | $8.7M | — | — | — | — |
| Other intangibles | $12.7M | $15.4M | $18.1M | — | — | — |
| Total assets | $32.4M | $31.8M | $36.6M | $33.4M | $279.4M | $280.2M |
| Accounts payable | $766.0K | $509.0K | — | — | — | — |
| Total current liabilities | $5.8M | $11.6M | $10.3M | $8.6M | $767.3K | $212.3K |
| Total liabilities | $18.4M | $16.2M | $11.2M | $9.8M | $21.7M | $31.8M |
| Retained earnings | -$90.7M | -$77.2M | — | -$3.7M | -$21.1M | -$30.3M |
| Total equity | $14.0M | $15.6M | $25.4M | $23.6M | -$21.1M | -$30.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$10.4M | -$7.3M | — | -$761.1K | -$595.3K | — |
| Depreciation and amortisation | $45.0K | $79.0K | — | — | — | — |
| Capital expenditure | $23.0K | $30.0K | — | — | — | — |
| Investing cash flow | -$23.0K | -$30.0K | — | $275.3M | — | — |
| Financing cash flow | $16.6M | $6.0M | — | -$274.8M | -$17.6K | — |
| Buybacks | — | — | — | $275.1M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001829126-26-004743.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $7.1M | $4.6M |
| Gross profit | — | — | — | $5.6M | $5.9M | $4.0M |
| Net income | — | $9.2M | $8.3M | — | -$19.41B | -$13.47B |
Recent filings and events
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed Item 2.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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