Lightning eMotors
Income Statement

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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. Lightning eMotors's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $24,413,000. The net income raised on $15,170,000 and profit margin reached 62%. Total operating expenses were $61,256,000.

Profit Margin

Lightning eMotors, Inc. (NYSE:ZEV-WT): Profit margin
2019 3.16M -10.50M -332.02%
2020 9.08M -37.65M -414.32%
2021 20.99M -109.93M -523.69%
2022 24.41M 15.17M 62.14%

ZEV-WT Income Statement (2019 – 2022)

2022 2021 2020 2019
Revenue
Revenue
24.41M20.99M9.08M3.16M
Cost of revenue
36.25M26.29M11.08M4.23M
Gross profit
-11.83M-5.30M-1.99M-1.06M
Operating exp.
Research and development
9.61M3.08M1.30M975K
Selling and marketing
0000
Total operating expenses
61.25M45.94M11.76M8.09M
Operating income
7.78M-51.24M-13.75M-9.16M
Other income (expenses), net
7.39M-49.52M-23.89M-525K
Income before tax
15.17M-100.76M-37.65M-9.69M
Income tax expense
149.16M2.90M815K
Net income
15.17M-109.93M-37.65M-10.50M
Earnings per share
Basic EPS
4-36.49-25.02-2.87
Diluted EPS
3.2-36.49-25.02-2.87
Data sourceData source