See more : The Liberty SiriusXM Group (LSXMA) Income Statement Analysis – Financial Results
Complete financial analysis of Lordstown Motors Corp. (RIDEQ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lordstown Motors Corp., a leading company in the Auto – Manufacturers industry within the Consumer Cyclical sector.
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Lordstown Motors Corp. (RIDEQ)
About Lordstown Motors Corp.
Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers in the United States. Lordstown Motors Corp. was incorporated in 2018 and is based in Lordstown, Ohio. On June 27, 2023, Lordstown Motors Corp., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 2.34M | 194.00K | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 91.55M | 30.02M | 11.11M | 0.00 | 0.00 |
| Gross Profit | -89.21M | -29.83M | -11.11M | 0.00 | 0.00 |
| Gross Profit Ratio | -3,812.39% | -15,375.77% | 0.00% | 0.00% | 0.00% |
| Research & Development | 33.34M | 107.82M | 284.02M | 73.69M | 5.87M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 28.79M | 4.53M |
| SG&A | 42.61M | 138.27M | 105.36M | 28.79M | 4.53M |
| Other Expenses | 0.00 | 788.00K | -10.08M | -20.87M | 0.00 |
| Operating Expenses | 75.96M | 246.09M | 389.38M | 102.48M | 10.39M |
| Cost & Expenses | 167.51M | 276.11M | 400.49M | 102.48M | 10.39M |
| Interest Income | 0.00 | 3.21M | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 703.00K | 0.00 |
| Depreciation & Amortization | 54.41M | 8.48M | 11.11M | -198.00K | 15.59M |
| EBITDA | -110.76M | -267.44M | -399.26M | -123.35M | 5.20M |
| EBITDA Ratio | -4,733.29% | -137,855.15% | 0.00% | 0.00% | 0.00% |
| Operating Income | -165.17M | -275.92M | -400.49M | -102.48M | -10.39M |
| Operating Income Ratio | -7,058.38% | -142,224.23% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -177.90M | -6.49M | -9.88M | -21.57M | 0.00 |
| Income Before Tax | -343.07M | -282.40M | -410.37M | -124.05M | -10.39M |
| Income Before Tax Ratio | -14,660.94% | -145,569.07% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 198.00K | -15.59M |
| Net Income | -343.07M | -282.40M | -410.37M | -124.05M | -10.39M |
| Net Income Ratio | -14,660.94% | -145,569.07% | 0.00% | 0.00% | 0.00% |
| EPS | -21.67 | -20.30 | -34.06 | -19.24 | -2.28 |
| EPS Diluted | -21.67 | -20.30 | -34.06 | -19.24 | -2.28 |
| Weighted Avg Shares Out | 15.95M | 13.91M | 12.05M | 6.45M | 4.55M |
| Weighted Avg Shares Out (Dil) | 15.95M | 13.91M | 12.05M | 6.45M | 4.55M |
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RIDE Investors Have Opportunity to Lead Lordstown Motors Corp. Securities Fraud Lawsuit
LOS ANGELES , Sept. 21, 2023 /PRNewswire/ -- The Law Offices of Frank R.
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Lordstown Motors Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 1, 1800 - (OTC Other: RIDEQ)
NEW YORK , Sept. 19, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lordstown Motors Corp..
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Lordstown Motors Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 25, 2023 - (OTC Other: RIDEQ)
NEW YORK , Sept. 12, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lordstown Motors Corp..
SHAREHOLDER ALERT: Potential Recovery for Lordstown Motors Corp. (RIDEQ) Investors Affected by Stock Drop – Levi & Korsinsky Pursuing Class Action Lawsuit
NEW YORK, NY / ACCESSWIRE / September 11, 2023 / If you suffered a loss on your Lordstown Motors Corp. (OTCMKT:RIDEQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
SHAREHOLDER ALERT: Potential Recovery for Lordstown Motors Corp. (RIDEQ) Investors Affected by Stock Drop – Levi & Korsinsky Pursuing Class Action Lawsuit
NEW YORK, NY / ACCESSWIRE / September 11, 2023 / If you suffered a loss on your Lordstown Motors Corp. (OTC PINK:RIDEQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below...
SHAREHOLDER ALERT: Potential Recovery for Lordstown Motors Corp. (RIDEQ) Investors Affected by Stock Drop – Levi & Korsinsky Pursuing Class Action Lawsuit
NEW YORK, NY / ACCESSWIRE / September 10, 2023 / If you suffered a loss on your Lordstown Motors Corp. (OTCMKT:RIDEQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
RIDE Investors Have Opportunity to Lead Lordstown Motors Corp. Securities Fraud Lawsuit
LOS ANGELES , Sept. 7, 2023 /PRNewswire/ -- The Law Offices of Frank R.
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Lordstown Motors Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 25, 2023 - (OTC Other: RIDEQ)
NEW YORK , Sept. 6, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lordstown Motors Corp..
Source: https://incomestatements.info
Category: Stock Reports