secwatch.observer — SEC 8-K summary
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Issuer:     iLearningEngines, Inc. (—)
CIK:        0001835972
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001213900-24-044406
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

iLearningEngines Q1 revenue up 33% to $125M, ARR up 34% to $479M
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- Revenue $125M (+33% YoY); Annual Recurring Revenue $479M (+34% YoY).
- GAAP net loss $25.9M includes $30.6M in one-time items (warrant liability, convertible notes, debt extinguishment).
- Adjusted EBITDA $9M; margin expanded ~480 basis points YoY.
- Net Dollar Retention 132% vs 125% a year ago.
- Shares outstanding ~134.9M after Arrowroot business combination close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835972/000121390024044406/0001213900-24-044406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835972/000121390024044406/ea0206170-8k_ilearning.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-044406

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer