Private company

Presto Automation Inc.

Presto Automation Inc. is an American prepackaged software services company based in San Carlos.1

Last updated Oct 20, 2026.

Overview

$26.1MRevenue, fiscal 20232
-$34.5MNet income, fiscal 20232
  • IndustryServices-Prepackaged Software1
  • HeadquartersGreenwich, Connecticut1
  • Incorporated inDE3
  • Business address1 East Putnam Avenue, Floor 4, Greenwich, Ct 068303
  • Filer category, Emerging growth company3
  • Legal formCorporation

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

2.0%Gross margin2
-215.8%Operating margin2
-131.9%Net margin2
-13.9%Revenue growth, 20232
-$44.8MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue43¢$25.6M
  • Research and development36¢$21.3M
  • Interest21¢$12.8M
  • Income tax0¢$9.0K

Out of $26.1M in revenue.2 The company lost money this year.

Financial statements

Revenue2$26.1M in 2023−14% since 2022
0$10.0M$20.0M$30.0M$40.0M2022: $30.4M$30.4M20222023: $26.1M$26.1M2023−14%
Gross profit2$521.0K in 2023−18% since 2022
0$200.0K$400.0K$600.0K$800.0K2022: $633.0K$633.0K20222023: $521.0K$521.0K2023−18%
Operating income42-$56.4M in 2023+309692% since 2020
-$60.0M-$40.0M-$20.0M02020: -$18.2K-$18.2K20202021: -$990.9K-$990.9K2021+5342%2022: -$33.2M-$33.2M2022+3252%2023: -$56.4M-$56.4M2023+70%
Net income42-$34.5M in 2023+2430% since 2020
-$60.0M-$40.0M-$20.0M0$20.0M2020: -$1.4M-$1.4M20202021: $3.8M$3.8M20212022: -$56.3M-$56.3M20222023: -$34.5M-$34.5M2023−39%
Fiscal year20192020202120222023
Revenue$30.4M2$26.1M2
Cost of revenue$29.7M2$25.6M2
Gross profit$633.0K2$521.0K2
Research and development$16.8M2$21.3M2
Operating expenses$33.8M2$56.9M2
Operating income-$18.2K4-$990.9K4-$33.2M2-$56.4M2
Interest$5.4M2$12.8M2
Income before tax-$56.5M2-$34.5M2
Income tax-$230.0K2$9.0K2
Net income-$1.4M4$3.8M4-$56.3M2-$34.5M2
Earnings per share-$2.072-$0.742
Earnings per share (diluted)-$2.072-$0.742
Shares (weighted, basic)27.3M shares246.5M shares2
Shares (weighted, diluted)27.3M shares246.5M shares2

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Corporate structure

Presto Automation Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Presto Automation Inc.

  • Brown Stone Capital Ltd Filed SC 13G on Presto Automation Inc., latest Apr 4, 2024
  • Abri Capital Ltd. Filed SC 13G on Presto Automation Inc., latest Mar 27, 2024
  • Cleveland Avenue Food & Beverage Fund II, LP Filed SC 13D/A on Presto Automation Inc., latest Dec 20, 2023 (3 filings since Oct 27, 2023)
  • MMCAP International Inc. SPC Filed SC 13G/A on Presto Automation Inc., latest Feb 14, 2023 (2 filings since Feb 4, 2022)
  • Polar Asset Management Partners Inc. Filed SC 13G/A on Presto Automation Inc., latest Feb 13, 2023 (2 filings since Feb 11, 2022)
  • ROMULUS CAPITAL I LP Filed SC 13D/A on Presto Automation Inc., latest Nov 28, 2022 (2 filings since Oct 3, 2022)
  • I2BF Global Investments LTD Filed SC 13D on Presto Automation Inc., latest Oct 17, 2022
  • Rajat Suri Filed SC 13D on Presto Automation Inc., latest Oct 3, 2022
  • GLAZER CAPITAL, LLC Filed SC 13G/A on Presto Automation Inc., latest Feb 14, 2022
  • Barclays Filed SC 13G on Presto Automation Inc., latest Feb 11, 2022
  • BOOTHBAY FUND MANAGEMENT, LLC Filed SC 13G/A on Presto Automation Inc., latest Feb 10, 2022
  • Weiss Asset Management LP Filed SC 13G/A on Presto Automation Inc., latest Jan 28, 2022
  • Presto Automation Inc. Greenwich, Connecticut

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Presto Automation Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$6.4M2 Jun 30, 2023$6.7M2 Jun 30, 2022−4.9%
Accumulated depreciation$5.5M2 Jun 30, 2023$4.8M2 Jun 30, 2022+15.4%
Property and equipment, net$909.0K2 Jun 30, 2023$2.0M2 Jun 30, 2022−54.0%
Operating-lease assets (leased space)$500.0K2 Jun 30, 2023$02 Jun 30, 2022

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$15.1M2 Jun 30, 2023$3.0M2 Jun 30, 2022+401.9%
Long-term investments$2.0M2 Jun 30, 2023

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.2M2 Jun 30, 2023$1.2M2 Jun 30, 20220%
Intangible assets, net (excluding goodwill)$10.5M2 Jun 30, 2023$4.2M2 Jun 30, 2022+149.1%
Finite-lived intangibles, gross$11.2M2 Jun 30, 2023$4.6M2 Jun 30, 2022+144.3%
Accumulated amortization$677.0K2 Jun 30, 2023$360.0K2 Jun 30, 2022+88.1%
Finite-lived intangibles, net$10.5M2 Jun 30, 2023$4.2M2 Jun 30, 2022+149.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$629.0K2 Jun 30, 2023$869.0K2 Jun 30, 2022−27.6%
Finished goods$629.0K2 Jun 30, 2023$869.0K2 Jun 30, 2022−27.6%

Leadership

Who has led Presto Automation Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Rajat Suri2022
  2. Xavier Casanova2023
  3. Guillaume Lefevre2024

President

  1. Dan Mosher2023

Chief financial officer

  1. Matthew Macdonald2020–2021
  2. Nathan Cook2023
  3. Stanley Mbugua2024

Chief operating officer

  1. Brock Strasbourger2020
  2. Xavier Casanova2023
  3. Katherine Hoffman-Flynt2023–2024
2025
Board members and other officers (20)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerSusan Shinoff named Jun 6, 202337
  • DirectorEdward Scheetz named Jun 6, 202337

Former names

  • Ventoux CCM Acquisition Corp.Aug 27, 2020 to Sep 21, 20223

Timeline

  1. Sep 16, 20248-K Other events38
  2. Aug 12, 20248-K Unregistered sale of shares; Executive or director change; Other events39
  3. Aug 7, 20248-K Listing notice or transfer; Other events40
  4. Jul 25, 20248-K Entered a material agreement; Other events41
  5. Jul 22, 20248-K Entered a material agreement; Shareholder vote; Other events42
  6. Jul 3, 20248-K Listing notice or transfer43
  7. Jun 7, 20248-K Other events44
  8. May 28, 20248-K Entered a material agreement45
  9. May 22, 20248-K Entered a material agreement; Unregistered sale of shares; Other events46
  10. May 21, 20248-K Results of operations47
  11. May 16, 20248-K Entered a material agreement48
  12. Mar 21, 20248-K Entered a material agreement; Other events49
  13. Feb 22, 2024New chief executive Guillaume Lefevre becomes CEO9
  14. Oct 24, 2023New chief executive Xavier Casanova becomes CEO10
  15. Sep 23, 2022New chief executive Rajat Suri becomes CEO11

Calendar

When it reported results

  1. May 21, 2024Reported quarterly or annual results47
  2. Nov 20, 2023Reported quarterly or annual results50
  3. Oct 11, 2023Reported quarterly or annual results51
  4. May 18, 2023Reported quarterly or annual results52
  5. Feb 14, 2023Reported quarterly or annual results53
  6. Nov 21, 2022Reported quarterly or annual results54
  7. Nov 15, 2022Reported quarterly or annual results55

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

291 filings to the SEC since October 2021: 4 annual reports, 10 quarterly reports, 61 major events, 74 insider forms, 17 large holders, 1 private raises, 124 other. The latest 20:

  1. Sep 19, 202415-12G CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION EDGAR
  2. Sep 17, 2024EFFECT EDGAR
  3. Sep 17, 2024EFFECT EDGAR
  4. Sep 17, 2024EFFECT EDGAR
  5. Sep 17, 2024EFFECT EDGAR
  6. Sep 16, 20248-K CURRENT REPORT EDGAR
  7. Sep 9, 2024POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 EDGAR
  8. Sep 9, 2024POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 EDGAR
  9. Sep 9, 2024POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 EDGAR
  10. Sep 9, 2024POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 EDGAR
  11. Sep 9, 2024S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
  12. Sep 9, 2024S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
  13. Sep 9, 2024S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
  14. Aug 12, 2024FWP FREE WRITING PROSPECTUS EDGAR
  15. Aug 12, 20248-K CURRENT REPORT EDGAR
  16. Aug 7, 2024424B5 PROSPECTUS SUPPLEMENT EDGAR
  17. Aug 7, 2024424B5 PROSPECTUS SUPPLEMENT EDGAR
  18. Aug 7, 20248-K CURRENT REPORT EDGAR
  19. Jul 29, 2024FWP FREE WRITING PROSPECTUS EDGAR
  20. Jul 25, 20248-K EDGAR

The 291 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

31 open-market trades by officers, directors and large owners since October 2021: 2 buys and 29 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 11, 2024Mbugua StanleyCAO and Interim CFOSale1,318$0.12$158Form 4
May 23, 2024Hoffman-Flynt KatherineChief Operating OfficerSale59,661$0.18$10.7KForm 4
May 23, 2024Mbugua StanleyCAO and Interim CFOSale36,559$0.18$6.6KForm 4
May 23, 2024Healey William RobertCHIEF TECHNOLOGY OFFICERSale20,553$0.18$3.7KForm 4
Dec 8, 2023Kravcik Keith EDirectorSale22,687$0.62$14.1KForm 4
Dec 7, 2023Kravcik Keith EDirectorSale15,800$0.66$10.4KForm 4
Nov 24, 2023Mosher DanPRESIDENTSale23,334$0.57$13.3KForm 4
Oct 16, 2023Cleveland Avenue Food & Beverage Fund II, LP10% ownerBuy1,500,000$2.00$3.0MForm 4
Sep 25, 2023Mosher DanPRESIDENTSale7,117$2.82$20.1KForm 4
Jul 31, 2023Casanova XavierCHIEF EXECUTIVE OFFICERSale17,825$3.86$68.8KForm 4
Jul 19, 2023Casanova XavierCHIEF EXECUTIVE OFFICERSale14,853$3.56$52.9KForm 4
Jul 11, 2023Suri Rajat10% ownerSale30,000$3.21$96.3KForm 4
Jul 10, 2023Suri Rajat10% ownerSale50,000$3.57$178.5KForm 4
Jul 7, 2023Suri Rajat10% ownerSale60,000$4.86$291.6KForm 4
Jul 6, 2023Suri Rajat10% ownerSale80,000$5.21$416.8KForm 4
Jul 5, 2023Suri Rajat10% ownerSale70,000$5.47$383.1KForm 4
Jul 3, 2023Suri Rajat10% ownerSale40,000$5.21$208.4KForm 4
Jun 30, 2023Suri Rajat10% ownerSale70,000$5.08$355.5KForm 4
Jun 29, 2023Suri Rajat10% ownerSale50,000$4.93$246.4KForm 4
Jun 26, 2023Suri Rajat10% ownerSale25,000$4.77$119.2KForm 4

All 31 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. May 22, 2023Raised $9.5 million in a private offering of equity Form D: 28 investors so far Form D

SEC filer profile

How Presto Automation Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPresto Automation Inc.1
  • CIK0001822145
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsJune 301
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address1 East Putnam Avenue, Floor 4, Greenwich, CT 068301
  • Phone64646590001
  • Shares outstanding105,882,010 as of May 20, 20246
  • Public float$46.2M as of Dec 31, 20228
  • On EDGAR sinceAug 27, 20201
  • Filings359 in all: 8-K (63), 4 (56), 3 (34), CORRESP (17), 425 (15), 424B3 (14), SC 13G (14), UPLOAD (14)1
    All 47 form types

    424B5 (12), 10-Q (11), EFFECT (11), 144 (8), SC 13G/A (8), NT 10-Q (7), S-1/A (5), DEF 14A (4), POS AM (4), S-1 (4), S-4/A (4), SC 13D (4), 10-K (3), 10-K/A (3), 3/A (3), 4/A (3), DEFA14A (3), PRE 14A (3), S-8 (3), S-8 POS (3), SC 13D/A (3), 25-NSE (2), 8-K/A (2), DRSLTR (2), FWP (2), S-3 (2), 10-Q/A (1), 15-12G (1), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), D (1), DRS (1), DRS/A (1), NT 10-K (1), PRER14A (1), S-3/A (1), S-4 (1)

  • Latest filingsAnnual report (10-K) Oct 11, 2023
    Quarterly report (10-Q) May 21, 2024
    Proxy statement (DEF 14A) Jun 20, 2024
    Latest 8-K (8-K) Sep 16, 2024

Sources

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