Phoenix Motor Inc. financial data

Symbol
PEV on Nasdaq
Industry
Truck & Bus Bodies
Location
401 South Doubleday Avenue, Ontario, California
State of incorporation
Delaware
Latest financial report
Q4 2023 - Apr 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 78.6 %
Quick Ratio 33.2 %
Debt-to-equity 245 %
Return On Equity -442 % -391%
Return On Assets -128 %
Operating Margin -657 % -116%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.7M shares +63.7%
Common Stock, Shares, Outstanding 21.9M shares +8.01%
Entity Public Float 15.8M USD +58.3%
Common Stock, Value, Issued 9K USD +12.5%
Weighted Average Number of Shares Outstanding, Basic 21.2M shares +7.81%
Weighted Average Number of Shares Outstanding, Diluted 21.2M shares +7.81%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 111K USD -33.9%
Revenue from Contract with Customer, Excluding Assessed Tax 3.12M USD -27.9%
Cost of Revenue 3.4M USD -3.19%
Operating Income (Loss) -20.5M USD -55.9%
Nonoperating Income (Expense) -117K USD -126%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -20.6M USD -62.4%
Income Tax Expense (Benefit) 22K USD +144%
Net Income (Loss) Attributable to Parent -20.6M USD -62.5%
Earnings Per Share, Basic -0.97 USD/shares -49.2%
Earnings Per Share, Diluted -0.97 USD/shares -49.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 31K USD -77.7%
Accounts Receivable, after Allowance for Credit Loss, Current 451K USD -70.1%
Inventory, Net 1.8M USD -60.6%
Other Assets, Current 38K USD +35.7%
Assets, Current 6.02M USD -22.1%
Property, Plant and Equipment, Net 1.12M USD -55.1%
Operating Lease, Right-of-Use Asset 3.23M USD
Intangible Assets, Net (Excluding Goodwill) 1.24M USD -33.3%
Goodwill 4.27M USD 0%
Assets 11.6M USD -43.1%
Accounts Payable, Current 3.53M USD +160%
Accrued Liabilities, Current 926K USD +42.5%
Contract with Customer, Liability, Current 167K USD -86.4%
Liabilities, Current 10.9M USD +127%
Contract with Customer, Liability, Noncurrent 2.21M USD
Operating Lease, Liability, Noncurrent 2.7M USD -16.4%
Liabilities 16.5M USD +102%
Retained Earnings (Accumulated Deficit) -49.2M USD -72.3%
Stockholders' Equity Attributable to Parent -4.84M USD -139%
Liabilities and Equity 11.6M USD -43.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.65M USD +75.4%
Net Cash Provided by (Used in) Financing Activities 6.64M USD -51.1%
Net Cash Provided by (Used in) Investing Activities -93K USD +90.8%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 21.9M shares +8.01%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.89M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.28M USD +744%
Interest Paid, Excluding Capitalized Interest, Operating Activities 153K USD +2450%
Deferred Tax Assets, Valuation Allowance 16.4M USD +67.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 4M USD +1.4%
Depreciation 578K USD -40%
Payments to Acquire Property, Plant, and Equipment 93K USD -92.8%
Lessee, Operating Lease, Liability, to be Paid 4.49M USD -0.88%
Property, Plant and Equipment, Gross 3.8M USD -31.1%
Operating Lease, Liability, Current 1.3M USD +81.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.15M USD +17%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.54M USD +63%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +16.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 490K USD -16.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.19M USD +16.5%
Deferred Tax Assets, Operating Loss Carryforwards 11.3M USD +34.3%
Current Income Tax Expense (Benefit) 22K USD +144%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 615K USD -42.2%
Additional Paid in Capital 44.4M USD +8.63%
Current State and Local Tax Expense (Benefit) 22K USD +144%
Operating Leases, Future Minimum Payments, Due in Two Years 1.11M USD
Amortization of Intangible Assets 613K USD -0.97%
Depreciation, Depletion and Amortization 355K USD -16.9%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 1.07M USD
Share-based Payment Arrangement, Expense 38K USD -96.4%
Operating Leases, Future Minimum Payments, Due in Three Years 1.15M USD
Operating Leases, Future Minimum Payments Due 5.38M USD