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AMST logoAmesite Inc.(AMST)Earnings, Financials & Key Ratios

AMST•NASDAQ
$0.91
$4M mkt cap·Price updated May 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryVertical industry SaaS applications
AboutAmesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan.Show more
  • Revenue$110K-33.8%
  • EBITDA-$3M+21.7%
  • Net Income-$4M+17.9%
  • EPS (Diluted)-1.03+40.5%
  • Gross Margin-292.73%-33.2%
  • EBITDA Margin-2869.67%-18.4%
  • Operating Margin-3262.4%-18.9%
  • Net Margin-3274.6%-24.1%
  • ROE-137.68%-34.5%
  • ROIC-636.1%-8.2%
Technical→

AMST Key Insights

Amesite Inc. (AMST) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 13.1%
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 4 (bottom 4%)
  • ✗Shares diluted 38.7% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

AMST Price & Volume

Amesite Inc. (AMST) stock price & volume — 10-year historical chart

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AMST Growth Metrics

Amesite Inc. (AMST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years13.08%
3 Years-45.88%
TTM235.36%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM36.11%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM57.95%

Return on Capital

10 Years-98.49%
5 Years-100.49%
3 Years-101.03%
Last Year-137.17%

AMST Peer Comparison

Amesite Inc. (AMST) competitors in Vertical industry SaaS applications — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
COUR logoCOURCoursera, Inc.Direct Competitor1.06B6.27-20.239.04%-8.23%-10.06%0.01
UDMY logoUDMYUdemy, Inc.Direct Competitor734.06M5.03195.720.42%0.48%1.74%0.05
PRDO logoPRDOPerdoceo Education CorporationDirect Competitor2.16B34.4414.2324.2%19.91%17.21%0.11
STRA logoSTRAStrategic Education, Inc.Product Competitor1.8B79.0914.593.96%10.21%7.85%0.07
LRN logoLRNStride, Inc.Product Competitor3.9B91.6915.4117.9%12.15%19.89%0.37
LAUR logoLAURLaureate Education, Inc.Product Competitor4.59B32.1717.028.64%16.08%25.36%0.71
APEI logoAPEIAmerican Public Education, Inc.Product Competitor991.67M54.7140.233.89%2.15%10.92%0.23
GHC logoGHCGraham Holdings CompanyProduct Competitor4.9B1127.5316.962.52%7.94%6.39%0.36

Compare AMST vs Peers

Amesite Inc. (AMST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs COUR

Most directly comparable listed peer for AMST.

Scale Benchmark

vs GOOG

Larger-name benchmark to compare AMST against a more recognizable public peer.

Peer Set

Compare Top 5

vs COUR, UDMY, PRDO, STRA

AMST Income Statement

Amesite Inc. (AMST) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemJun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Sales/Revenue014.92K59.75K674.58K697K845.01K166.88K110.46K288.8K
Revenue Growth %--300.46%1029.02%3.32%21.24%-80.25%-33.81%235.36%
Cost of Goods Sold141.46K000875.6K682.49K533.67K433.8K330.77K
COGS % of Revenue----125.62%80.77%319.79%392.73%-
Gross Profit
-141.46K▲ 0%
0▲ 100.0%
59.75K▲ 0%
674.58K▲ 1029.0%
-178.6K▼ 126.5%
162.52K▲ 191.0%
-366.79K▼ 325.7%
-323.34K▲ 11.8%
-41.98K▲ 0%
Gross Margin %--100%100%-25.62%19.23%-219.79%-292.73%-14.54%
Gross Profit Growth %-100%-1029.02%-126.48%191%-325.68%11.84%-
Operating Expenses838.74K3.83M3.28M8.65M8.88M4.39M4.21M3.28M2.91M
OpEx % of Revenue-25638.75%5486.22%1282.07%1273.73%519.17%2524.47%2969.67%-
Selling, General & Admin838.74K3.67M2.8M6.37M6.66M3.52M3.65M3M2.62M
SG&A % of Revenue-24623.75%4679.51%944.59%956.04%416.64%2185.3%2713.74%-
Research & Development0151.44K482K2.28M2.21M866.41K566.01K282.7K363.35K
R&D % of Revenue-1014.99%806.71%337.48%317.69%102.53%339.17%255.93%-
Other Operating Expenses00000000-67.74K
Operating Income
-980.2K▲ 0%
-3.97M▼ 305.0%
-3.22M▲ 18.9%
-7.97M▼ 147.8%
-9.06M▼ 13.6%
-4.22M▲ 53.4%
-4.58M▼ 8.4%
-3.6M▲ 21.3%
-2.95M▲ 0%
Operating Margin %--26610.27%-5386.22%-1182.07%-1299.36%-499.94%-2744.26%-3262.4%-1022.45%
Operating Income Growth %--305.04%18.94%-147.78%-13.58%53.35%-8.41%21.31%-
EBITDA-977.47K-3.81M-3.18M-7.22M-8.18M-3.54M-4.05M-3.17M-2.62M
EBITDA Margin %--25538.75%-5318.84%-1070.67%-1173.73%-419.17%-2424.47%-2869.67%-907.91%
EBITDA Growth %--289.82%16.6%-127.27%-13.27%56.7%-14.23%21.66%38.44%
D&A (Non-Cash Add-back)2.73K159.87K40.26K751.5K875.6K682.49K533.67K433.8K330.77K
EBIT-980.2K-3.94M-4.08M-7.97M-9.05M-4.15M-4.4M-3.62M-2.96M
Net Interest Income031.32K-87.92K-3.61M-3.4K72.82K176.47K77.4K81.43K
Interest Income031.32K17.16K1.59K9.23K72.82K176.47K77.4K81.43K
Interest Expense00105.08K3.61M12.63K0000
Other Income/Expense031.32K-952.09K-3.61M-3.4K71.2K176.47K-13.47K-9.44K
Pretax Income
-980.2K▲ 0%
-3.94M▼ 301.8%
-4.17M▼ 5.9%
-11.59M▼ 177.8%
-9.06M▲ 21.8%
-4.15M▲ 54.2%
-4.4M▼ 6.0%
-3.62M▲ 17.9%
-2.96M▲ 0%
Pretax Margin %--26400.34%-6979.7%-1717.56%-1299.85%-491.51%-2638.52%-3274.6%-1025.72%
Income Tax000000000
Effective Tax Rate %0%0%0%0%0%0%0%0%0%
Net Income
-980.2K▲ 0%
-3.94M▼ 301.8%
-4.17M▼ 5.9%
-11.59M▼ 177.8%
-9.06M▲ 21.8%
-4.15M▲ 54.2%
-4.4M▼ 6.0%
-3.62M▲ 17.9%
-2.96M▲ 0%
Net Margin %--26400.34%-6979.7%-1717.56%-1299.85%-491.51%-2638.52%-3274.6%-1025.72%
Net Income Growth %--301.85%-5.87%-177.83%21.8%54.16%-6.02%17.85%36.11%
Net Income (Continuing)-980.2K-3.94M-4.17M-11.59M-9.06M-4.15M-4.4M-3.62M-2.96M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-0.90▲ 0%
-3.14▼ 248.9%
-3.16▼ 0.6%
-8.87▼ 180.7%
-4.68▲ 47.2%
-1.68▲ 64.1%
-1.73▼ 3.0%
-1.03▲ 40.5%
-0.65▲ 0%
EPS Growth %--248.89%-0.64%-180.7%47.24%64.1%-2.98%40.46%57.95%
EPS (Basic)-0.90-3.14-3.16-8.87-4.68-1.68-1.73-1.03-
Diluted Shares Outstanding1.09M1.25M1.35M1.71M1.94M2.47M2.54M3.53M4.57M
Basic Shares Outstanding1.09M1.25M1.35M1.71M1.94M2.47M2.54M3.53M4.57M
Dividend Payout Ratio---------

AMST Balance Sheet

Amesite Inc. (AMST) balance sheet — assets, liabilities & shareholders' equity

Line itemJun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Total Current Assets4.33M1.11M4.38M11.06M7.73M5.48M2.6M2.43M1.33M
Cash & Short-Term Investments4.27M1.01M4.09M10.71M7.16M5.36M2.07M2.33M1.17M
Cash Only4.27M1.01M4.09M10.71M7.16M5.36M2.07M2.33M1.17M
Short-Term Investments000000000
Accounts Receivable5K061.12K51.12K14.54K15K30.06K6.34K7.2K
Days Sales Outstanding--373.3827.667.626.4865.7520.958.95
Inventory000000000
Days Inventory Outstanding---------
Other Current Assets0000560.08K106.68K503.49K00
Total Non-Current Assets199.71K1.06M1.32M1.41M1.15M867.41K709.61K663.24K666.26K
Property, Plant & Equipment95.71K89.66K45.31K100.59K87.19K88.97K64.78K39.44K26.76K
Fixed Asset Turnover-0.17x1.32x6.71x7.99x9.50x2.58x2.80x7.96x
Goodwill000000000
Intangible Assets99K974.56K1.28M1.31M1.07M778.45K644.83K523.8K539.5K
Long-Term Investments5K000000100K300K
Other Non-Current Assets5K0-1.32M0-1.15M-867.41K000
Total Assets
4.53M▲ 0%
2.18M▼ 52.0%
5.7M▲ 162.2%
12.48M▲ 118.7%
8.88M▼ 28.8%
6.35M▼ 28.5%
3.31M▼ 47.8%
3.1M▼ 6.5%
2M▲ 0%
Asset Turnover-0.01x0.01x0.05x0.08x0.13x0.05x0.04x0.10x
Asset Growth %--51.99%162.17%118.71%-28.8%-28.52%-47.81%-6.55%-33.46%
Total Current Liabilities253.25K331.03K2.7M741.74K748.11K265.33K798.47K358.6K489.79K
Accounts Payable0207.54K112.05K139.75K122.28K70.07K48.91K25.41K24.89K
Days Payables Outstanding----50.9837.4733.4521.3827.75
Short-Term Debt1.06K02.03M000000
Deferred Revenue (Current)-6.33K0380K333.2K342.67K53.96K036.74K81.36K
Other Current Liabilities199.25K74.85K124.64K68.88K109.09K76.8K655.27K296.44K0
Current Ratio17.11x3.36x1.62x14.92x10.33x20.66x3.26x6.79x6.79x
Quick Ratio17.11x3.36x1.62x14.92x10.33x20.66x3.26x6.79x6.79x
Cash Conversion Cycle---------18.8
Total Non-Current Liabilities0000464.96K0000
Long-Term Debt000000000
Capital Lease Obligations000000000
Deferred Tax Liabilities000000000
Other Non-Current Liabilities000000000
Total Liabilities253.25K331.03K2.7M741.74K748.11K265.33K798.47K358.6K489.79K
Total Debt1.06K02.03M000000
Net Debt-4.27M-1.01M-2.07M-10.71M-7.16M-5.36M-2.07M-2.33M-1.17M
Debt / Equity0.00x-0.68x-----0.00x
Debt / EBITDA---------0.00x
Net Debt / EBITDA--------0.44x
Interest Coverage---30.63x-2.21x-716.78x----
Total Equity
4.28M▲ 0%
1.84M▼ 56.9%
3M▲ 62.6%
11.74M▲ 291.2%
8.14M▼ 30.7%
6.08M▼ 25.2%
2.52M▼ 58.7%
2.74M▲ 8.9%
1.51M▲ 0%
Equity Growth %--56.89%62.6%291.18%-30.67%-25.21%-58.65%8.86%19.69%
Book Value per Share3.921.472.226.854.202.460.990.780.33
Total Shareholders' Equity4.28M1.84M3M11.74M8.14M6.08M2.52M2.74M1.51M
Common Stock1.27K01.58K2.07K2.56K255255458458
Retained Earnings-521.57K-4.46M-8.63M-20.22M-29.28M-33.43M-37.83M-41.45M-42.83M
Treasury Stock000000000
Accumulated OCI000000000
Minority Interest000000000

AMST Cash Flow Statement

Amesite Inc. (AMST) cash flow — operating, investing & free cash flow history

Line itemJun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Cash from Operations-134.35K-2.23M-2.81M-5.33M-6.72M-3.25M-2.81M-2.46M-2.46M
Operating CF Margin %--14978.5%-4703.18%-790.82%-963.51%-384.51%-1686.1%-2222.77%-
Operating CF Growth %--1563.45%-25.74%-89.84%-25.89%51.62%13.4%12.74%58.23%
Net Income-980.2K-3.94M-4.17M-11.59M-9.06M-4.15M-4.4M-3.62M-2.96M
Depreciation & Amortization2.73K159.84K522.26K751.5K875.6K682.48K533.67K433.8K330.77K
Stock-Based Compensation361.6K607.12K555.05K876.29K1.44M179.53K834.47K226.05K264.12K
Deferred Taxes000000000
Other Non-Cash Items675K897.57K94.31K4.62M148.95K71.94K0-13.15K-668.15K
Working Capital Changes173.59K39.61K188.59K454-122.37K-29.83K221.27K515.13K882.08K
Change in Receivables05K-61.12K10K36.58K-455-15.06K23.72K-7.2K
Change in Inventory0-168.63K0000000
Change in Payables0202.28K-95.49K-46.8K77.92K-52.21K-21.16K-23.49K-119.89K
Cash from Investing-183.42K-1.03M-795.75K-842.33K-711.62K-396.03K-375.87K-378.3K-296.9K
Capital Expenditures-183.42K-1.03M-10.76K-73.43K-16.57K-27.12K-1.17K0-86.1K
CapEx % of Revenue-6899.18%18.01%10.88%2.38%3.21%0.7%--
Acquisitions000000000
Investments---------
Other Investing-198K-997.53K-784.99K-768.9K-695.05K-368.91K-374.7K-378.3K-210.8K
Cash from Financing4.59M-1.06K6.69M12.8M3.87M1.85M03.1M3.1M
Debt Issued (Net)001.92M000000
Equity Issued (Net)1000K01000K1000K1000K1000K01000K1000K
Dividends Paid000000000
Share Repurchases0-1.06K0000000
Other Financing-60.8K-1.06K0000000
Net Change in Cash
4.27M▲ 0%
-3.27M▼ 176.4%
3.08M▲ 194.5%
6.62M▲ 114.6%
-3.56M▼ 153.7%
-1.79M▲ 49.6%
-3.19M▼ 77.7%
262.4K▲ 108.2%
645.66K▲ 0%
Free Cash Flow
-317.76K▲ 0%
-3.26M▼ 927.2%
-3.61M▼ 10.5%
-6.18M▼ 71.3%
-7.43M▼ 20.2%
-3.65M▲ 50.9%
-3.19M▲ 12.5%
-2.46M▲ 23.0%
-2.24M▲ 0%
FCF Margin %--21877.67%-6035%-915.68%-1065.61%-431.38%-1911.33%-2222.77%-775.46%
FCF Growth %--927.22%-10.47%-71.31%-20.24%50.92%12.5%23.02%20.92%
FCF per Share-0.29-2.60-2.67-3.60-3.83-1.48-1.25-0.70-0.70
FCF Conversion (FCF/Net Income)0.14x0.57x0.67x0.46x0.74x0.78x0.64x0.68x0.76x
Interest Paid000000000
Taxes Paid000000000

AMST Key Ratios

Amesite Inc. (AMST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025TTM
Return on Equity (ROE)-128.64%-172.15%-157.26%-91.19%-58.41%-102.4%-137.68%-196.41%
Return on Invested Capital (ROIC)-707.16%-273.09%-612.25%-678.43%-371.84%-587.91%-636.1%-636.1%
Gross Margin-100%100%-25.62%19.23%-219.79%-292.73%-14.54%
Net Margin-26400.34%-6979.7%-1717.56%-1299.85%-491.51%-2638.52%-3274.6%-1025.72%
Debt / Equity-0.68x-----0.00x
Interest Coverage--30.63x-2.21x-716.78x----
FCF Conversion0.57x0.67x0.46x0.74x0.78x0.64x0.68x0.76x
Revenue Growth-300.46%1029.02%3.32%21.24%-80.25%-33.81%235.36%

AMST Frequently Asked Questions

Amesite Inc. (AMST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Amesite Inc. (AMST) reported $0.3M in revenue for fiscal year 2025.

Amesite Inc. (AMST) saw revenue decline by 33.8% over the past year.

Amesite Inc. (AMST) reported a net loss of $3.0M for fiscal year 2025.

Dividend & Returns

Amesite Inc. (AMST) has a return on equity (ROE) of -137.7%. Negative ROE indicates the company is unprofitable.

Amesite Inc. (AMST) had negative free cash flow of $2.2M in fiscal year 2025, likely due to heavy capital investments.

Explore More AMST

Amesite Inc. (AMST) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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