REE Automotive Ltd.
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. Profit margin reached -7102%. Total operating expenses were $112,429,000.
Profit Margin
| 2019 | 681K | -10.36M | -1522.03% |
|---|---|---|---|
| 2020 | 388K | -67.32M | -17352.58% |
| 2021 | 6K | -505.33M | -8422166.67% |
| 2022 | 0 | -107.42M | |
| 2023 | 1.60M | -114.20M | -7102.49% |
REEAW Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 1.60M | 0 | 6K | 388K | 681K |
Cost of revenue | 9.07M | 547K | 995K | 647K | 490K |
Gross profit | -7.46M | -547K | -989K | -259K | 191K |
Operating exp. | |||||
Research and development | 82.66M | 78.22M | 252.42M | 29.58M | 7.03M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 112.42M | 127.42M | 514.50M | 67.83M | 14.21M |
Operating income | -119.89M | -127.97M | -515.49M | -68.09M | -14.02M |
Other income (expenses), net | 4.32M | 22.3M | 11.44M | 385K | 1.83M |
Income before tax | -115.56M | -105.67M | -504.04M | -67.71M | -12.19M |
Income tax expense | -1.36M | 1.74M | 1.28M | -385K | -1.83M |
Net income | -114.20M | -107.42M | -505.33M | -67.32M | -10.36M |
Earnings per share | |||||
Basic EPS | -11.32 | -10.98 | -64.34 | -80.29 | -1.35 |
Diluted EPS | -11.32 | -10.98 | -64.34 | -80.29 | -1.35 |
| Data source | Data source | Data source |