Phoenix Motor
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Phoenix Motor's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 28% to $3,122,000. Profit margin reached -661%. Total operating expenses were $20,230,000.

Profit Margin

Phoenix Motor Inc. (NASDAQ:PEV): Profit margin
2019 3.99M -5.97M -149.7%
2020 4.50M -4.66M -103.46%
2021 2.97M -14.61M -490.9%
2022 4.33M -12.70M -293.42%
2023 3.12M -20.64M -661.27%

PEV Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
3.12M4.33M2.97M4.50M3.99M
Cost of revenue
3.39M3.51M3.54M4.93M4.28M
Gross profit
-276K820K-563K-421K-298K
Operating exp.
Research and development
00000
Selling and marketing
00000
Total operating expenses
20.23M13.97M13.75M4.83M5.38M
Operating income
-20.50M-13.15M-14.31M-5.25M-5.67M
Other income (expenses), net
-117K454K-290K591K-292K
Income before tax
-20.62M-12.69M-14.60M-4.66M-5.97M
Income tax expense
22K9K11K2K2K
Net income
-20.64M-12.70M-14.61M-4.66M-5.97M
Earnings per share
Basic EPS
-0.97-0.65-0.75-0.270
Diluted EPS
-0.97-0.65-0.75-0.270
Data sourceData source