REZOLVE AI PLC (RZLV) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · Technology / Software · as of Jul 1, 2026
REZOLVE AI PLC (RZLV)
A forensic read on REZOLVE AI PLC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Distress
Financial health
-3.1
Altman Z-score
Watch
Earnings quality
5
Forensic signals
-41.1%
ROE
$1.3B
Market cap
REZOLVE AI PLC earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is -3.1, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by accruals ratio.
What the filings flag
+219.9%Accruals ratio.Net operating assets grew +219.9% relative to their average in FY2025 — the accrual component of earnings. Accruals are building sharply — a large slice of profit sits in operating assets, not cash; Richardson/Sloan link high accruals to weaker future returns as they reverse. The build is led by receivables (up +5467% on the year). The cash-flow cross-check agrees: reported earnings ran behind operating cash by -28% of net operating assets.
306d DSOReceivables vs revenue.Days sales outstanding moved from 128 to 306 days FY2024→FY2025 (receivables +5467% vs revenue +2224%). Receivables are outrunning sales — a flag for aggressive revenue recognition or slipping collections.
-20%Return on invested capital.Return on invested capital is -20% and steady — well below its ~10% cost of capital, so reinvested dollars may be destroying value, not building it.
+38.6%/yrShare-count dilution.Diluted share count changed +77% over the last 2 years to FY2025 (+38.6%/yr). The count is GROWING — existing holders are being diluted. That's ~38.6% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2023 has been diluted ~77%.
14% of revStock-based comp load.Stock-based compensation ran 14% of revenue in FY2025 — about $0.02 per diluted share. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
Key fundamentals
Net Margin-216.7%
Debt / Equity0.62x
Free Cash Flow$-63.2M
Latest Revenue$46.8M
Return on Equity-41.1%
Revenue Growth YoY+2224.2%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on REZOLVE AI PLC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about RZLV's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown