CXApp Inc (NAS:CXAIW)
$ 0.062 (0%) Market Cap: 0 Enterprise Value: 0 PE Ratio: 9,999.00 PB Ratio: 0 GF Score: 24/100

Q4 2024 CXApp Inc Earnings Call Transcript

Mar 31, 2025 / 08:00 PM GMT

Key Points

Positve
  • KINS Technology Group Inc (KINZU) achieved double-digit ARR growth, supported by six major logo renewals in Q4, indicating strong customer satisfaction and product value.
  • Subscription revenue accounted for 87% of total revenue, up from 78% in 2023, driving a gross margin increase to 82% from 78% last year.
  • The company completed the product transformation to a single code base, resulting in a profitable CXI Sky 1.0 application business.
  • KINS Technology Group Inc (KINZU) has a strong global presence, with deployments in 200+ cities across 50+ countries, enhancing its market reach.
  • The company has secured substantial intellectual property with 30 patents, 17 of which are already granted, establishing it as a technological front runner.
Negative
  • Revenue for Q4 was slightly down compared to Q4 of 2023, indicating potential challenges in maintaining consistent revenue growth.
  • The company reported a loss from operations of 3.18 million in Q4, essentially flat versus the same quarter last year, despite higher GNA costs.
  • There is a significant focus on investing in AI capabilities, which may lead to increased costs and financial pressure in the short term.
  • KINS Technology Group Inc (KINZU) faces competition from large companies in the space, which could impact its market position.
  • The company is not providing specific guidance on future financial performance, which may create uncertainty for investors.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CXAI.OQ - CXApp Inc
Q4 2024 CXApp Inc Earnings Call
Mar 31, 2025 / 08:00PM GMT

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Presentation
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Unidentified_1 [1]
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Greetings. Welcome to the CXAI 4th quarter and annual 2024 earnings call. At this time, all participants are in a listen-only mode. If anyone should require operator assistance during the conference, please press 0 on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, Khuram Shaikh, Chairman and CEO. You may begin.

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Unidentified_2 [2]
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Thank you, operator.

I'm joined by our CFO Joy Benugo on this call as well, and we are both excited to share with you our earnings for the full year 2024.

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