Lordstown Motors Corp.
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 -14661%. Total operating expenses were $75,956,000.
Profit Margin
| 2020 | 0 | -124.05M | |
|---|---|---|---|
| 2023 | 2.34M | -343.06M | -14660.94% |
RIDE Income Statement (2020 – 2023)
| 2023 | 2020 | |
|---|---|---|
Revenue | ||
Revenue | 2.34M | 0 |
Cost of revenue | 91.55M | 0 |
Gross profit | -89.21M | 0 |
Operating exp. | ||
Research and development | 33.34M | 73.69M |
Selling and marketing | 0 | 28.78M |
Total operating expenses | 75.95M | 102.48M |
Operating income | -165.16M | -102.48M |
Other income (expenses), net | -177.9M | -21.56M |
Income before tax | -343.06M | -124.05M |
Income tax expense | 0 | 198K |
Net income | -343.06M | -124.05M |
Earnings per share | ||
Basic EPS | -21.67 | -19.24 |
Diluted EPS | -21.67 | -19.24 |