See more : Anglo American Platinum Limited (ANGPY) 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 reports decline in 2023 revenue as EV maker grapples with slowing demand
Swedish EV-maker Polestar said on Friday, after months of delays in turning in its financial reports, that its 2023 revenue fell about 3% and its losses widened as it grappled with slowing demand for its higher-priced models.
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24/7 Insights The Polestar Automotive Holding (NASDAQ: PSNY) chairperson has stepped down.
Polestar Announces New Board Chair and Strengthens Board of Directors
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces that Håkan Samuelsson intends to retire as Board Chair. The Board of Directors has appointed Winfried Vahland Board Chair, effective following the Company's Annual General Meeting of Shareholders. Carla De Geyseleer, Audit Committee Chair,...
Source: https://incomestatements.info
Category: Stock Reports