See more : Indo Global Exchange(s) PTE, Ltd. (IGEX) Income Statement Analysis – Financial Results
Complete financial analysis of Polestar Automotive Holding UK PLC (PSNY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Polestar Automotive Holding UK PLC, a leading company in the Auto – Manufacturers industry within the Consumer Cyclical sector.
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Polestar Automotive Holding UK PLC (PSNY)
About Polestar Automotive Holding UK PLC
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 2.38B | 2.46B | 1.34B | 610.25M | 92.42M |
| Cost of Revenue | 2.79B | 2.34B | 1.34B | 553.72M | 39.79M |
| Gross Profit | -413.08M | 119.44M | 860.00K | 56.52M | 52.63M |
| Gross Profit Ratio | -17.37% | 4.85% | 0.06% | 9.26% | 56.94% |
| Research & Development | 158.41M | 170.99M | 232.92M | 183.85M | 34.39M |
| General & Administrative | 0.00 | 864.60M | 714.72M | 314.93M | 210.57M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 949.68M | 864.60M | 714.72M | 314.93M | 210.57M |
| Other Expenses | -41.20M | -2.18M | -1.25M | 712.00K | -425.00K |
| Operating Expenses | 1.07B | 1.03B | 946.40M | 499.49M | 244.53M |
| Cost & Expenses | 3.86B | 3.38B | 2.28B | 1.05B | 284.32M |
| Interest Income | 32.28M | 8.55M | 1.40M | 3.20M | 13.29M |
| Interest Expense | 206.48M | 108.44M | 45.24M | 26.50M | 18.94M |
| Depreciation & Amortization | 115.01M | 158.39M | 239.16M | 216.08M | 32.55M |
| EBITDA | -809.90M | -213.10M | -722.71M | -226.89M | -148.32M |
| EBITDA Ratio | -34.05% | -29.26% | -52.72% | -36.66% | -160.50% |
| Operating Income | -1.48B | -913.96M | -945.54M | -442.97M | -191.91M |
| Operating Income Ratio | -62.22% | -37.12% | -70.71% | -72.59% | -207.66% |
| Total Other Income/Expenses | 278.00M | 836.10M | -61.58M | -30.84M | -4.97M |
| Income Before Tax | -1.20B | -449.01M | -1.01B | -471.32M | -195.96M |
| Income Before Tax Ratio | -50.53% | -18.24% | -75.32% | -77.24% | -212.04% |
| Income Tax Expense | -7.14M | 16.78M | 336.00K | 13.54M | 2.02M |
| Net Income | -1.19B | -465.79M | -1.01B | -484.86M | -197.98M |
| Net Income Ratio | -50.23% | -18.92% | -75.34% | -79.45% | -214.22% |
| EPS | -0.57 | -0.23 | -0.48 | -0.23 | -0.09 |
| EPS Diluted | -0.57 | -0.22 | -0.48 | -0.23 | -0.09 |
| Weighted Avg Shares Out | 2.10B | 2.03B | 2.12B | 1.68B | 2.12B |
| Weighted Avg Shares Out (Dil) | 2.11B | 2.11B | 2.12B | 1.68B | 2.12B |
Polestar Delivers First Customer Polestar 4 SUV Coupes in Europe
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar announces the first European deliveries of the SUV Coupe Polestar 4.
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Polestar has begun building its new electric SUV in a Volvo factory in South Carolina. The move allows it to avoid tariffs on China-made EVs in the U.S. and Europe.
Why Polestar Stock Was Zooming Higher This Week
The ambitious automaker is launching production of its latest model in the U.S. The Polestar 3 should start rolling out of its South Carolina factory soon.
Polestar Files Annual Report
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) has filed its Annual Report on Form 20-F for the fiscal year ended 31 December 2023 with the U.S. Securities and Exchange Commission. As a result, the Company has regained reporting compliance, meeting the requirements...
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Polestar Automotive has struggled since going public in 2022, with low vehicle deliveries and high cash burn. Recent financials for Q1 show decreased revenues, negative gross margins, and operating losses, despite some improvement in cash burn. The company's balance sheet...
PSNY Stock Alert: Polestar Receives Nasdaq Non-Compliance Notice
Polestar (NASDAQ: PSNY ), an electric vehicle (EV) company backed by China's Geely (OTCMKTS: GELYY ), but based in Sweden, got a non-compliance notice from Nasdaq for failing to maintain a price of $1 per share. Polestar has until Jan....
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