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SES AI Corporation Class A (SES)
NYSE:SES
RESEARCH TOOLSreports
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.05Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -21.43%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive transition for SES AI as it moves from a pre-revenue to a revenue-generating entity. The company achieved significant milestones, including first-time revenue generation and high gross margins, alongside strategic expansions into new markets such as drones and BESS. However, high operating expenses and cash usage remain challenges, and the dependence on contract manufacturing could pose supply chain risks. Overall, the positive developments outweigh the concerns.Company Guidance
In the SES AI fourth quarter 2024 earnings call, the company provided guidance on its strategic shift towards becoming a revenue-generating business with diverse income streams. SES AI reported its first-ever revenue of $2 million for the quarter, driven by contracts with automotive OEMs for AI-enhanced lithium-metal and lithium-ion batteries, achieving a 63% gross margin. Looking ahead, SES AI anticipates 2025 revenue to range between $15 million and $25 million, emphasizing growth in sectors such as Electric Vehicles (EVs), drones, robotics, and Battery Energy Storage Systems (BESS), with a significant contract in place for up to 100-megawatt hours of BESS solutions. The company forecasts total cash usage of $70 million to $80 million for operations and capital expenditures in 2025, while maintaining strong liquidity of $262.5 million to support its strategic initiatives and expansion into new markets.First Revenue Generation
SES AI reported revenue for the first time in the fourth quarter of 2024, marking a significant milestone in its transition from a pre-revenue company to a revenue-generating business.
High Gross Margin
The company achieved a 63% gross margin in the fourth quarter, indicating strong value proposition and efficiency in its new business model.
Significant Contracts in EV and BESS Sectors
SES AI signed contracts totaling up to $10 million for AI-enhanced batteries with two automotive OEM partners and an MOU with AISPEX worth up to $45 million for Battery Energy Storage Systems (BESS).
Expansion into New Markets
The company is expanding into drones, robotics, and Battery Energy Storage Systems, leveraging its AI technology to enhance battery performance and safety.
Strong Liquidity Position
SES AI ended the quarter with a liquidity position of $262.5 million, ensuring its ability to fund ongoing and future projects.
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SES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $0.84 | $0.80 | -4.76% |
| Oct 31, 2024 | $0.47 | $0.45 | -4.26% |
| Jul 29, 2024 | $1.30 | $1.18 | -9.23% |
| May 02, 2024 | $1.48 | $1.40 | -5.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SES AI Corporation Class A (SES) report earnings?
SES AI Corporation Class A (SES) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is SES AI Corporation Class A (SES) earnings time?
SES AI Corporation Class A (SES) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SES EPS forecast?
SES EPS forecast for the fiscal quarter 2025 (Q1) is -0.06.
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