Electrameccanica Vehicles 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. Electrameccanica Vehicles Corp.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 224% to $6,812,446. Profit margin reached -1816%. Total operating expenses were $76,450,437.

Profit Margin

Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Profit margin
2015 0 -517.97K
2016 0 -4.93M
2018 451.68K -5.83M -1291.41%
2019 593.92K -23.53M -3962.56%
2021 2.10M -41.32M -1967.22%
2022 6.81M -123.69M -1815.77%

SOLO Income Statement (2014 – 2021)

2021 2020 2018 2017 2015 2014
Revenue
Revenue
6.81M2.10M593.92K451.68K00
Cost of revenue
33.06M4.33M494.87K334.22K00
Gross profit
-26.25M-2.23M99.04K117.45K00
Operating exp.
Research and development
22.03M17.09M7.28M3.23M1.52M253.21K
Selling and marketing
14.66M10.41M1.33M805.91K115.26K10.24K
Total operating expenses
76.45M58.40M21.00M9.91M4.92M517.03K
Operating income
-110.29M-60.79M-20.91M-9.79M-6.61M-517.03K
Other income (expenses), net
-13.37M16.95M-2.70M3.85M-2.98K-946
Income before tax
-123.67M-41.32M-23.61M-5.83M-4.93M-517.97K
Income tax expense
23.55K850-80.22K-96814.25K47
Net income
-123.69M-41.32M-23.53M-5.83M-4.93M-517.97K
Earnings per share
Basic EPS
-1.04-0.37-0.65-0.22-0.22-0.02
Diluted EPS
-1.04-0.37-0.65-0.22-0.22-0.02
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