Xos
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. Xos's past years’ income statements indicate that its last revenue has increased compared to the previous period by 22% to $44,523,000. Profit margin reached -170%. Total operating expenses were $63,675,000.
Profit Margin
| 2019 | 1.14M | -4.93M | -430.08% |
|---|---|---|---|
| 2020 | 2.64M | -18.17M | -688.26% |
| 2021 | 5.04M | 23.40M | 463.57% |
| 2022 | 36.37M | -73.32M | -201.58% |
| 2023 | 44.52M | -75.84M | -170.35% |
XOSWW Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 44.52M | 36.37M | 5.04M | 2.64M | 1.14M |
Cost of revenue | 45.81M | 66.40M | 7.41M | 2.34M | 806K |
Gross profit | -1.29M | -30.02M | -2.36M | 300K | 341K |
Operating exp. | |||||
Research and development | 19.58M | 30.67M | 20.07M | 7.01M | 362K |
Selling and marketing | 6.38M | 9.54M | 3.51M | 1.54M | 207K |
Total operating expenses | 63.67M | 81.31M | 50.79M | 12.17M | 4.71M |
Operating income | -64.96M | -111.34M | -53.15M | -11.87M | -4.37M |
Other income (expenses), net | -10.85M | 38.03M | 76.55M | -4.79M | -559K |
Income before tax | -75.82M | -73.31M | 23.40M | -16.66M | -4.93M |
Income tax expense | 21K | 8K | 2K | 1.51M | 0 |
Net income | -75.84M | -73.32M | 23.40M | -18.17M | -4.93M |
Earnings per share | |||||
Basic EPS | -13.11 | -13.32 | 6.65 | -7.57 | -4.17 |
Diluted EPS | -13.11 | -12.62 | 6.6 | -7.57 | -4.17 |
| Data source | Data source | Data source | Data source |