AIXINasdaqServices-Prepackaged SoftwareUS GAAP · USD

Xiao-I Corp

Xiao-I Corp is a China-based cognitive intelligence software company focused on artificial intelligence solutions for enterprise and public-sector use. Its offerings center on natural language processing, voice and image recognition, machine learning, and affective computing, delivered through proprietary AI technologies from its Shanghai base and marketed through a U.S.-listed foreign issuer structure.

Liikevaihto12,3milj. USD
+17 054,9 %v/v
Liikevoitto (EBIT)−96,6milj. USD
−650,5 %v/v
EBIT-marginaali−783,6%
+17 127,4 %-yks.v/v
Nettotulos−101milj. USD
−597,8 %v/v
Vapaa kassavirta−3,7milj. USD
+75,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−100−50050milj. USD2020: 14 milj. USD2020: EBIT −7,9 milj. USD20202021: 33 milj. USD2021: EBIT 5,0 milj. USD20212022: 48 milj. USD2022: EBIT −3,1 milj. USD20222023: 0,19 milj. USD2023: EBIT −22 milj. USD20232024: 0,07 milj. USD2024: EBIT −13 milj. USD20242025: 12 milj. USD2025: EBIT −97 milj. USD202512−97
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Natural Language Processing30 %

Software and services that interpret, understand, and generate human language for enterprise use.

Voice Recognition20 %

Speech understanding and voice interaction solutions used in digital assistants and service workflows.

Image Recognition15 %

Computer vision tools for identifying and classifying visual information in business applications.

Machine Learning Solutions20 %

AI models and applications that support prediction, automation, and decision support.

Affective Computing15 %

Human-state and emotion-related AI tools used in advanced cognitive intelligence applications.

Asiakkaat

Xiao-I sells AI solutions to organizations that want to automate language-heavy or interaction-heavy workflows, particularly in China. Its customers are likely to include enterprises, institutions, and other organizations that deploy cognitive intelligence in customer service, operations, and digital transformation projects.

Enterprise customers

Buy AI software and services to automate workflows, improve interaction quality, and support digital transformation.

Public-sector and institutional users

Use cognitive intelligence tools for recognition, search, service automation, and operational efficiency.

Technology integrators and solution partners

Embed Xiao-I's AI capabilities into broader platforms or industry-specific solutions.

China-based end-market users

Buy local-language AI products designed for Mandarin and China-specific enterprise use cases.

Strategia

Xiao-I's strategy is centered on commercializing proprietary cognitive intelligence technologies across enterprise AI use cases. The company appears focused on broadening application coverage across language, speech, vision, and affective computing while maintaining a China-centered market position.

Broaden enterprise AI deploymentKeskipitkä aikaväli

Diversifying use cases can improve adoption across customer workflows and reduce dependence on a single application area.

Commercialize proprietary technologyKeskipitkä aikaväli

Owning core AI technologies helps differentiate the company and supports product reuse across customers.

Deepen China market penetrationLyhyt aikaväli

China is the company’s primary operating and commercial base, so local market relevance is central to growth.

Maantiede

The company is headquartered in Shanghai, China, and its business is centered on the Chinese market, where its AI products are designed for local-language and local-use-case deployment. It is also a U.S.-listed foreign private issuer, which gives it access to U.S. capital markets even though its operating footprint is anchored in China.

Riskit

Xiao-I faces execution risk typical of enterprise AI vendors, including customer adoption, product commercialization, and competition from larger AI and software platforms. It also has company-specific exposure to China concentration, foreign issuer governance, and uncertainty around ongoing legal matters disclosed in recent filings.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →China market concentration1AI commercialization and adoption2Competitive pressure3Legal and contingent claims4Foreign issuer and U.S. listing complexity5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. China market concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    The company is headquartered and principally operating in China, making it reliant on one major market.

    Kohdistuu: Regulatory and demand concentration

  2. AI commercialization and adoptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The business depends on converting proprietary technology into customer deployments and repeat purchases.

    Kohdistuu: Enterprise software demand

  3. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Korkea

    AI and software markets attract large global and domestic competitors with stronger scale and distribution.

    Kohdistuu: Pricing and customer acquisition

  4. Legal and contingent claimsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Recent filings reference unresolved proceedings and uncertainty over outcomes or compensation.

    Kohdistuu: Litigation and contingent assets

  5. Foreign issuer and U.S. listing complexityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    A U.S.-listed China-based structure can create disclosure, audit, and market-access scrutiny.

    Kohdistuu: Reporting and governance

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

AI software deals may combine licenses, customization, and services that must be allocated and recognized correctly.

Vaikutus: Can shift reported revenue timing across periods

Contingent claims and litigation

Recent filings mention ongoing proceedings and possible compensation, which require judgment on recognition and disclosure.

Vaikutus: Can affect other income, assets, or contingent liability disclosures

Auditor transition

A change in registered public accounting firm increases investor focus on consistency, controls, and audit quality.

Vaikutus: Can influence confidence in reported results and internal control assessment

Development costs and intangibles

Software and AI businesses often incur significant development spending that may be expensed or capitalized depending on policy.

Vaikutus: Affects operating expenses, assets, and future amortization

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026