Luminar Technologies, Inc. (LAZR) Income Statement Analysis

See more : Athabasca Oil Corporation (ATH.TO) Income Statement Analysis – Financial Results

Complete financial analysis of Luminar Technologies, Inc. (LAZR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Luminar Technologies, Inc., a leading company in the Auto – Parts industry within the Consumer Cyclical sector.

You may be interested

Chrysos Corporation Limited (C79.AX) Income Statement Analysis – Financial Results
Hemogenyx Pharmaceuticals Plc (HEMO.L) Income Statement Analysis – Financial Results
The Clorox Company (0I0J.L) Income Statement Analysis – Financial Results
Chien Wei Precise Technology Co., Ltd. (8092.TWO) Income Statement Analysis – Financial Results
Pengana International Equities Limited (PIA.AX) Income Statement Analysis – Financial Results

Luminar Technologies, Inc. (LAZR)

Industry: Auto - Parts

Sector: Consumer Cyclical

Website: https://www.luminartech.com

About Luminar Technologies, Inc.

Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Components. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The Component segment develops ultra-sensitive pixel-based sensors. This segment also designs, tests, and provides consulting services for non-standard integrated circuits for use in automobile and aeronautics sector, as well as government spending in military and defense activities. The company was founded in 2012 and is headquartered in Orlando, Florida.

Metric	2023	2022	2021	2020	2019	2018
Revenue	69.78M	40.70M	31.94M	13.95M	12.60M	11.69M
Cost of Revenue	142.47M	100.98M	46.09M	24.95M	16.66M	10.94M
Gross Profit	-72.69M	-60.29M	-14.15M	-11.00M	-4.05M	753.00K
Gross Profit Ratio	-104.17%	-148.13%	-44.29%	-78.85%	-32.16%	6.44%
Research & Development	262.22M	185.28M	88.86M	38.65M	36.97M	40.09M
General & Administrative	159.82M	158.16M	93.69M	29.28M	16.86M	21.87M
Selling & Marketing	53.10M	38.67M	17.86M	7.95M	4.73M	3.03M
SG&A	212.91M	196.83M	111.54M	37.22M	21.59M	20.55K
Other Expenses	15.49M	0.00	0.00	0.00	0.00	-1.43K
Operating Expenses	490.62M	382.12M	200.40M	75.87M	58.56M	21.98K
Cost & Expenses	633.09M	483.10M	246.50M	100.83M	75.22M	21.99K
Interest Income	13.11M	5.02M	3.46M	0.00	731.00K	2.64M
Interest Expense	11.05M	11.10M	2.03M	2.89M	2.24M	0.00
Depreciation & Amortization	33.61M	11.80M	7.87M	2.52M	2.32M	1.49M
EBITDA	-530.40M	-425.58M	-239.85M	-364.90M	-94.86M	-21.99K
EBITDA Ratio	-760.11%	-1,045.69%	-647.80%	-606.65%	-472.69%	-0.19%
Operating Income	-563.31M	-442.40M	-214.55M	-86.88M	-62.62M	-21.98K
Operating Income Ratio	-807.27%	-1,087.04%	-671.65%	-622.72%	-496.87%	-0.19%
Total Other Income/Expenses	-6.27M	-2.87M	-24.70M	-275.42M	-32.10M	0.00
Income Before Tax	-569.57M	-445.27M	-239.25M	-362.30M	-94.72M	-21.99K
Income Before Tax Ratio	-816.25%	-1,094.08%	-748.96%	-2,596.93%	-751.61%	-0.19%
Income Tax Expense	1.70M	672.00K	-1.26M	2.89M	2.24M	-1.49M
Net Income	-571.27M	-445.94M	-237.99M	-365.18M	-96.96M	-21.99K
Net Income Ratio	-818.68%	-1,095.73%	-745.01%	-2,617.61%	-769.38%	-0.19%
EPS	-1.47	-1.25	-0.69	-2.52	-0.30	0.00
EPS Diluted	-1.47	-1.25	-0.69	-2.52	-0.30	0.00
Weighted Avg Shares Out	389.37M	356.27M	344.91M	145.10M	323.94M	50.00M
Weighted Avg Shares Out (Dil)	389.37M	356.27M	346.30M	145.10M	323.94M	50.00M

Wall Street Analysts See Luminar Technologies (LAZR) as a Buy: Should You Invest?

August 27, 2024zacks.com

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do...

Luminar Technologies (LAZR) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

August 22, 2024zacks.com

Luminar Technologies (LAZR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near...

Luminar Technologies (LAZR) Moves to Buy: Rationale Behind the Upgrade

August 12, 2024zacks.com

Luminar Technologies (LAZR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Electric Vehicle and Autonomy Stocks Collapsed This Week

August 9, 2024fool.com

Blink Charging continues to lose incredible amounts of money and growth has slowed to a crawl. Solid Power revenue grew slightly but management expects slower growth in the second half of the year.

Luminar: Darkest Before The Dawn

August 9, 2024seekingalpha.com

Luminar Technologies, Inc. continues to face delays in revenue growth due to production issues with Volvo, falling short of quarterly revenue targets. Despite struggles, the Luminar Semiconductor unit shows promise with over 100 customers and $100+ million in external lifetime...