RezolveAi (RZLV, Financial) has been added to both the Russell 2000 and Russell 3000 Indices. This inclusion will take effect after the market closes on June 27, 2025, as part of FTSE Russell's annual reconstitution process. Being part of these indices marks a significant milestone for RezolveAi, potentially broadening its exposure to investors and enhancing its market profile.
RZLV Key Business Developments
Release Date: April 28, 2025
- Revenue: $188,000 for the full year 2024.
- Net Loss: GAAP net loss of $172.6 million for 2024.
- Adjusted EBITDA Loss: Approximately $43.8 million for 2024.
- Operating Cash Flow: Negative $21.6 million for 2024.
- Capital Expenditures (CapEx): $3.5 million for 2024.
- Convertible Debt Conversion: $53.8 million converted into equity by year-end 2024.
- Remaining Debt: $30 million in bank loans and $6 million in convertible debt as of Q1 2025.
- Cash Position: $18.9 million as of the end of Q1 2025.
- Monthly Cash Burn Rate: Approximately $2.2 million.
- Annual Recurring Revenue (ARR) Target: $100 million by the end of 2025.
- Break-even ARR: $90 million.
- Gross Merchandise Value (GMV): Over $50 billion transacted through the platform in early 2025.
- Transactions: Over 13.5 million transactions year-to-date through April 19, 2025.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Rezolve AI PLC (RZLV, Financial) successfully transitioned to a publicly traded company, providing access to capital markets for scaling and growth.
- The company secured strategic partnerships with Microsoft and Google, enhancing its market presence and validating its technology solutions.
- Rezolve AI PLC (RZLV) announced a significant multi-year deal with Liverpool, Mexico's premier department store chain, valued at nearly $10 million annually.
- The company reported strong early momentum in customer adoption and sales pipeline growth, driven by strategic partnerships and acquisitions.
- Rezolve AI PLC (RZLV) has a strong liquidity position with approximately $18.9 million in cash and access to an equity line of credit, supporting growth and strategic initiatives.
Negative Points
- Rezolve AI PLC (RZLV) reported a GAAP net loss of $172.6 million for 2024, including significant non-cash expenses related to the DSPA transaction.
- The company experienced a negative operating cash flow of $21.6 million for the full year 2024.
- Rezolve AI PLC (RZLV) faces challenges in achieving profitability, with a break-even target at $90 million ARR, which is dependent on sales mix and contract specifics.
- The company's revenue for 2024 was relatively low at $188,000, primarily from ancillary business activities.
- Rezolve AI PLC (RZLV) has a monthly cash burn rate of approximately $2.2 million, driven by employee-related costs and professional service fees.
