Electrameccanica Vehicles Corp. financial data

Industry
Motor Vehicles & Passenger Car Bodies
Location
8127 E. Ray Road, Mesa, AZ
State of incorporation
British Columbia, Canada
Fiscal year end
December 31
Latest financial report
10-K - Q4 2023 - Mar 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 852 %
Quick Ratio 27.6 %
Debt-to-equity 29 %
Return On Equity -60.8 % +6.6%
Return On Assets -47.1 % +17.9%
Operating Margin -2.06K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 119M shares +0.17%
Common Stock, Shares, Outstanding 119M shares +0%
Entity Public Float 70.1M USD -53.9%
Common Stock, Value, Issued 399M USD +0.84%
Weighted Average Number of Shares Outstanding, Basic 119M shares +0.46%
Weighted Average Number of Shares Outstanding, Diluted 119M shares +0.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.84M USD -93.3%
Cost of Revenue 1.31M USD -61.9%
Research and Development Expense 9.15M USD -58.4%
Selling and Marketing Expense 2.96M USD -79.8%
General and Administrative Expense 32.5M USD -18.4%
Operating Income (Loss) -55M USD +50.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -57.6M USD +53.4%
Income Tax Expense (Benefit) 1K USD +18.1%
Net Income (Loss) Attributable to Parent -57.6M USD +53.5%
Earnings Per Share, Basic -0.48 USD/shares +53.8%
Earnings Per Share, Diluted -0.48 USD/shares +53.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 65.5M USD -51.2%
Inventory, Net 2.37M USD -44%
Assets, Current 70.9M USD -52.8%
Property, Plant and Equipment, Net 11.1M USD -32.6%
Operating Lease, Right-of-Use Asset 7.34M USD -18.8%
Other Assets, Noncurrent 3.71M USD -27.1%
Assets 94.1M USD -48.1%
Accrued Liabilities, Current 2.58M USD -61.1%
Liabilities, Current 5.3M USD -85.3%
Deferred Income Tax Liabilities, Net 1.25M USD -38.4%
Operating Lease, Liability, Noncurrent 15.5M USD -11.6%
Liabilities 21M USD -61%
Accumulated Other Comprehensive Income (Loss), Net of Tax 4.58M USD +0.32%
Retained Earnings (Accumulated Deficit) -330M USD -21.1%
Stockholders' Equity Attributable to Parent 73.1M USD -42.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 73.1M USD -42.6%
Liabilities and Equity 94.1M USD -48.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -21.2M USD +19.9%
Net Cash Provided by (Used in) Financing Activities -16.1K USD -106%
Net Cash Provided by (Used in) Investing Activities -671K USD +37.2%
Common Stock, Shares, Issued 119M shares +0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 66.6M USD -50.6%
Deferred Tax Assets, Valuation Allowance 86.1M USD +27.3%
Deferred Tax Assets, Gross 87.3M USD +25.4%
Operating Lease, Liability 16.5M USD -9.91%
Depreciation 2.07M USD -58%
Payments to Acquire Property, Plant, and Equipment 671K USD -37.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -57.6M USD +53.4%
Lessee, Operating Lease, Liability, to be Paid 26.1M USD -13%
Property, Plant and Equipment, Gross 14.5M USD -25.1%
Operating Lease, Liability, Current 1.03M USD +26.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.76M USD -8.01%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.7M USD +1.23%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.62M USD -17.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.85M USD -2.94%
Deferred Tax Assets, Operating Loss Carryforwards 66.6M USD +33.6%
Preferred Stock, Shares Issued 0 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.6M USD -13.3%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 927K USD -20.9%
Deferred Tax Assets, Net of Valuation Allowance 1.25M USD -38.4%
Share-based Payment Arrangement, Expense 3.57M USD -28.4%
Interest Expense 455K USD +2656%