Phoenix Motor Inc. financial data

Symbol
PEV on Nasdaq
Location
401 South Doubleday Avenue, Ontario, CA
State of incorporation
DE
Latest financial report
10-Q - Q2 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 226 % +40.1%
Quick Ratio 172 % +113%
Debt-to-equity 280 % +332%
Return On Equity -18.8 % +84.6%
Return On Assets -4.95 % +93.3%
Operating Margin -144 % +51.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 37.2M shares +74.6%
Common Stock, Shares, Outstanding 35.4M shares +66.3%
Entity Public Float 15.8M USD +58.3%
Common Stock, Value, Issued 14K USD +75%
Weighted Average Number of Shares Outstanding, Basic 34.8M shares +63.8%
Weighted Average Number of Shares Outstanding, Diluted 34.8M shares +63.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 21.6M USD +324%
Cost of Revenue 17.7M USD +284%
Operating Income (Loss) -31.2M USD -106%
Nonoperating Income (Expense) 28.3M USD +3831%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.88M USD +80%
Income Tax Expense (Benefit) -5.68M USD -25895%
Net Income (Loss) Attributable to Parent -2.15M USD +85.1%
Earnings Per Share, Basic -0.26 USD/shares +62.3%
Earnings Per Share, Diluted -0.31 USD/shares +55.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.4M USD +267%
Accounts Receivable, after Allowance for Credit Loss, Current 3.66M USD +106%
Inventory, Net 47.8M USD +2084%
Other Assets, Current 51K USD -31.1%
Assets, Current 60.5M USD +960%
Property, Plant and Equipment, Net 4.64M USD +67%
Operating Lease, Right-of-Use Asset 2.19M USD -36%
Intangible Assets, Net (Excluding Goodwill) 1.24M USD -33.3%
Goodwill 4.27M USD 0%
Assets 67.5M USD +275%
Accounts Payable, Current 2.95M USD +45.2%
Accrued Liabilities, Current 1.09M USD +68.2%
Contract with Customer, Liability, Current 2.65M USD +60.6%
Liabilities, Current 19.7M USD +220%
Contract with Customer, Liability, Noncurrent 2.04M USD
Deferred Income Tax Liabilities, Net 9.42M USD
Operating Lease, Liability, Noncurrent 3.37M USD +19.9%
Liabilities 45.6M USD +343%
Retained Earnings (Accumulated Deficit) -36.7M USD -6.23%
Stockholders' Equity Attributable to Parent 21.9M USD +184%
Liabilities and Equity 67.5M USD +275%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.9M USD -259%
Net Cash Provided by (Used in) Financing Activities 13.5M USD +1075%
Net Cash Provided by (Used in) Investing Activities -10.1M USD -14144%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 35.4M shares +66.3%
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 -487K USD -8017%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.4M USD +122%
Deferred Tax Assets, Valuation Allowance 16.4M USD +67.2%
Operating Lease, Liability 4M USD +1.4%
Payments to Acquire Property, Plant, and Equipment 113K USD +59.2%
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 2.42M USD +218%
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%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 615K USD -42.2%
Additional Paid in Capital 58.5M USD +38.6%
Operating Leases, Future Minimum Payments, Due in Two Years 1.11M USD
Depreciation, Depletion and Amortization 416K USD +17.2%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 1.07M USD
Share-based Payment Arrangement, Expense 50K USD -54.1%
Operating Leases, Future Minimum Payments, Due in Three Years 1.15M USD
Operating Leases, Future Minimum Payments Due 5.38M USD