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SS Innovations Delays Annual Report Filing

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SS Innovations Delays Annual Report Filing

SS Innovations International ( (SSII) ) has released a notification of late filing.

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SS Innovations International, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for this delay is the need to reaudit and restate its financial statements for the previous year and several quarters, which has required significant time and effort. The company expects to file the delayed report within the fifteen-day extension period allowed by Rule 12b-25. Preliminary financial results indicate a net loss of approximately $21.3 million on total revenue of $22.1 million for 2024, compared to a net loss of $20.9 million on revenue of $5.9 million in 2023. These figures are subject to change upon final filing. SS Innovations International is actively working to ensure compliance, with the notification signed by Anup Sethi, the company’s Chief Financial Officer.

More about SS Innovations International

YTD Price Performance: 18.59%

Average Trading Volume: 1,906

Technical Sentiment Signal: Sell

Current Market Cap: $1.74B

See more data about SSII stock on TipRanks’ Stock Analysis page.

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