Fusemachines Inc.
FUSEInsider Trading
View AllFusemachines Inc. develops and implements artificial intelligence as a service and machine learning software platforms. Their product suite features Fuse Anna, an AI assistant providing daily reminders for follow-ups, and Fuse Prospector, an AI-driven sales platform. The company also offers managed outbound services and delivers AI-as-a-service for crucial functions such as large-scale data processing, data governance, and cloud-based analytical solutions. Furthermore, Fusemachines is committed to education through its AI fellowship program, which provides mentorship and resources to selected scholars from underrepresented communities to develop advanced AI and ML skills, alongside the Fusemachines Academy, a learning platform for skill building and improvement. They serve a wide range of clients, including government entities, financial organizations, and e-commerce businesses. While based in New York, New York, the company also operates offices in Kathmandu, Nepal; Toronto, Canada; Kochi, India; and Santo Domingo, Cuba.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Revenue | $545.90M | $7.44M | $6.88M | N/A |
| Cost of Revenue | $136.65M | $3.20M | $2.12M | N/A |
| Gross Profit | $409.26M | $4.24M | $4.76M | N/A |
| Gross Margin | 74.97% | 56.99% | 69.20% | 0.00% |
| Operating Expenses | $411.52M | $9.52M | $5.46M | $49.15K |
| Operating Income | $-2.26M | $-5.29M | $-696.00K | $-49.15K |
| Operating Margin | -0.41% | -71.05% | -10.12% | 0.00% |
| Net Income | $-15.38M | $-6.76M | $-751.00K | $-49.15K |
| Net Margin | -2.82% | -90.91% | -10.92% | 0.00% |
| EPS (Basic) | $-0.58 | $-0.26 | $-0.03 | $-0.00 |
| EBITDA | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A |