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Cyngn Inc. (CYN) 10-Year Financial Performance & Capital Metrics

CYN • • Industrial / General
TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms
AboutCyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.Show more
  • Revenue $368K -75.3%
  • EBITDA -$22M +1.1%
  • Net Income -$29M -28.2%
  • EPS (Diluted) -22.13 +57.3%
  • Gross Margin -45.52% -353.9%
  • EBITDA Margin -6019.12% -299.9%
  • Operating Margin -6200.96% -295.6%
  • Net Margin -7946.01% -418.8%
  • ROE -263.19% -100.5%
  • ROIC -
  • Debt/Equity 0.03 -70.9%
  • Interest Coverage -20.43
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 24.2%
  • ✓Trading at only 0.3x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 5 (bottom 5%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

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

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y24.21%
3Y-
TTM347.74%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-48.47%

EPS CAGR

10Y-
5Y-
3Y-
TTM49.89%

ROCE

10Y Avg-92.81%
5Y Avg-97.52%
3Y Avg-112.8%
Latest-121.56%

Peer Comparison

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MANHManhattan Associates, Inc.10.58B175.5750.0212.23%20.25%69.86%2.71%0.16

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+124.5K00262K1.49M368.14K
Revenue Growth %--1%--4.68%-0.75%
Cost of Goods Sold+0159.04K85.86K791.69K1.22M535.71K
COGS % of Revenue---3.02%0.82%1.46%
Gross Profit+124.5K-159.04K-85.86K-529.69K267K-167.57K
Gross Margin %1%---2.02%0.18%-0.46%
Gross Profit Growth %--2.28%0.46%-5.17%1.5%-1.63%
Operating Expenses+9.69M8.21M9.31M18.87M23.61M22.66M
OpEx % of Revenue77.83%--72.03%15.85%61.55%
Selling, General & Admin3.98M3.09M4.41M9.39M10.89M11.4M
SG&A % of Revenue31.99%--35.84%7.31%30.97%
Research & Development5.71M5.12M4.99M9.48M12.72M11.26M
R&D % of Revenue45.84%--36.19%8.54%30.59%
Other Operating Expenses00-85.86K000
Operating Income+-9.57M-8.37M-9.4M-19.4M-23.35M-22.83M
Operating Margin %-76.83%---74.05%-15.68%-62.01%
Operating Income Growth %-0.12%-0.12%-1.06%-0.2%0.02%
EBITDA+-9.41M-8.21M-9.31M-18.8M-22.41M-22.16M
EBITDA Margin %-75.55%---71.74%-15.05%-60.19%
EBITDA Growth %-0.13%-0.13%-1.02%-0.19%0.01%
D&A (Non-Cash Add-back)159.28K159.04K85.86K604.87K931.28K669.41K
EBIT-9.34M-8.34M-7.79M-19.24M-23.35M-22.83M
Net Interest Income+230.52K39.84K044.1K137.89K-1.12M
Interest Income230.52K39.84K9.58K44.1K137.89K0
Interest Expense009.58K001.12M
Other Income/Expense230.52K34.82K1.6M164.22K534.71K-6.42M
Pretax Income+-9.34M-8.34M-7.8M-19.24M-22.81M-29.25M
Pretax Margin %-74.98%---73.42%-15.32%-79.46%
Income Tax+000000
Effective Tax Rate %1%1%1%1%1%1%
Net Income+-9.34M-8.34M-7.8M-19.24M-22.81M-29.25M
Net Margin %-74.98%---73.42%-15.32%-79.46%
Net Income Growth %-0.11%0.06%-1.47%-0.19%-0.28%
Net Income (Continuing)-9.34M-8.34M-7.8M-19.24M-22.81M-29.25M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-901.95-798.35-120.96-55.04-51.86-22.13
EPS Growth %-0.11%0.85%0.54%0.06%0.57%
EPS (Basic)-901.95-798.43-120.96-55.04-51.86-22.13
Diluted Shares Outstanding10.35K10.45K64.48K349.48K439.87K1.32M
Basic Shares Outstanding10.35K10.44K64.48K349.48K439.87K1.32M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+13.76M6.51M22.52M23.78M9.47M25.58M
Cash & Short-Term Investments13.28M6.06M21.95M22.6M8.15M23.62M
Cash Only13.28M6.06M21.95M10.54M3.59M23.62M
Short-Term Investments00012.06M4.56M0
Accounts Receivable000210.94K775.22K1.35M
Days Sales Outstanding---293.87189.991.34K
Inventory00066.78K0150.24K
Days Inventory Outstanding---30.79-102.37
Other Current Assets400K400K50K50K00
Total Non-Current Assets+327.23K168.19K133.7K1.73M3.56M4.51M
Property, Plant & Equipment289.38K133.81K102.79K1.26M2.48M2.62M
Fixed Asset Turnover0.43x--0.21x0.60x0.14x
Goodwill000000
Intangible Assets37.85K34.38K30.92K473.08K1.08M1.9M
Long-Term Investments000000
Other Non-Current Assets000000
Total Assets+14.09M6.67M22.65M25.51M13.03M30.1M
Asset Turnover0.01x--0.01x0.11x0.01x
Asset Growth %--0.53%2.39%0.13%-0.49%1.31%
Total Current Liabilities+286.22K380.42K407.43K1.39M2.08M3.49M
Accounts Payable116.35K73.02K112.27K155.94K196.96K297.78K
Days Payables Outstanding-167.57477.371.958.82202.89
Short-Term Debt55.77K00000
Deferred Revenue (Current)0000101.5K769.18K
Other Current Liabilities0011.68K000
Current Ratio48.09x17.10x55.28x17.14x4.55x7.33x
Quick Ratio48.09x17.10x55.28x17.09x4.55x7.29x
Cash Conversion Cycle---252.76-1.24K
Total Non-Current Liabilities+0695.08K00317.34K15.01M
Long-Term Debt0695.08K0000
Capital Lease Obligations0000317.34K0
Deferred Tax Liabilities000000
Other Non-Current Liabilities0000015.01M
Total Liabilities286.22K1.08M407.43K1.39M2.4M18.5M
Total Debt+55.77K695.08K0376.62K1M317.34K
Net Debt-13.22M-5.36M-21.95M-10.16M-2.59M-23.3M
Debt / Equity0.00x0.12x-0.02x0.09x0.03x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage---981.22x---20.43x
Total Equity+13.8M5.6M22.25M24.12M10.64M11.59M
Equity Growth %--0.59%2.97%0.08%-0.56%0.09%
Book Value per Share1333.74535.92345.0469.0124.188.77
Total Shareholders' Equity13.8M5.6M22.25M24.12M10.64M11.59M
Common Stock101026533702
Retained Earnings-100.36M-108.69M-116.49M-135.73M-160.02M-189.27M
Treasury Stock000000
Accumulated OCI000000
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-9.37M-7.92M-8.64M-16.3M-19.48M-9.49M
Operating CF Margin %-75.28%---62.21%-13.08%-25.79%
Operating CF Growth %-0.15%-0.09%-0.89%-0.2%0.51%
Net Income-9.34M-8.34M-7.8M-19.24M-22.81M-29.25M
Depreciation & Amortization159.28K159.04K85.86K604.87K961.28K669.41K
Stock-Based Compensation213.19K131.73K1.14M2.87M3.21M2.45M
Deferred Taxes-413.15K-493.15K-31.36K000
Other Non-Cash Items413.15K493.15K-1.6M-90.22K-443.39K6.54M
Working Capital Changes-409.25K127.97K-433.7K-445.07K-392.37K10.1M
Change in Receivables166K00000
Change in Inventory47.4K00000
Change in Payables-47.4K-43.34K39.26K43.67K41.02K100.81K
Cash from Investing+00-20.02K-13.35M6.36M2.94M
Capital Expenditures00-62.2K-1.38M-1.05M-1.05M
CapEx % of Revenue---5.25%0.7%2.86%
Acquisitions------
Investments------
Other Investing000-456.82K-537.81K-688.29K
Cash from Financing+2.82K695.7K24.2M18.24M6.12M26.58M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid0000-16.18K-597
Share Repurchases------
Other Financing2.27K014.22K116.83K8.53K0
Net Change in Cash------
Free Cash Flow+-9.37M-7.92M-8.7M-17.67M-21.24M-10.54M
FCF Margin %-75.28%---67.46%-14.26%-28.64%
FCF Growth %-0.15%-0.1%-1.03%-0.2%0.5%
FCF per Share-905.50-758.26-135.00-50.57-48.29-7.98
FCF Conversion (FCF/Net Income)1.00x0.95x1.11x0.85x0.85x0.32x
Interest Paid000000
Taxes Paid010.81K16.72K10.13K00

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-67.63%-85.96%-56.02%-82.98%-131.28%-263.19%
Return on Invested Capital (ROIC)--1539.21%-2619.85%-204.08%-159.17%-
Gross Margin100%---202.17%17.93%-45.52%
Net Margin-7498.07%---7342.18%-1531.66%-7946.01%
Debt / Equity0.00x0.12x-0.02x0.09x0.03x
Interest Coverage---981.22x---20.43x
FCF Conversion1.00x0.95x1.11x0.85x0.85x0.32x
Revenue Growth--100%--468.44%-75.28%

Frequently Asked Questions

Growth & Financials

Cyngn Inc. (CYN) reported $0.5M in revenue for fiscal year 2024. This represents a 267% increase from $0.1M in 2019.

Cyngn Inc. (CYN) saw revenue decline by 75.3% over the past year.

Cyngn Inc. (CYN) reported a net loss of $33.5M for fiscal year 2024.

Dividend & Returns

Cyngn Inc. (CYN) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

Cyngn Inc. (CYN) has a return on equity (ROE) of -263.2%. Negative ROE indicates the company is unprofitable.

Cyngn Inc. (CYN) had negative free cash flow of $12.4M in fiscal year 2024, likely due to heavy capital investments.

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