See more : Southern Company (SOT.DE) Income Statement Analysis – Financial Results
Complete financial analysis of Electrameccanica Vehicles Corp. (SOLO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Electrameccanica Vehicles Corp., a leading company in the Auto – Manufacturers industry within the Consumer Cyclical sector.
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Electrameccanica Vehicles Corp. (SOLO)
About Electrameccanica Vehicles Corp.
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 608.43K | 6.81M | 2.10M | 568.52K | 446.07K | 451.68K | 68.26K | 0.00 | 0.00 |
| Cost of Revenue | 1.55M | 33.07M | 4.33M | 699.46K | 371.68K | 334.23K | 39.98K | 0.00 | 0.00 |
| Gross Profit | -941.19K | -26.26M | -2.23M | -130.93K | 74.39K | 117.46K | 28.28K | 0.00 | 0.00 |
| Gross Profit Ratio | -154.69% | -385.40% | -106.34% | -23.03% | 16.68% | 26.00% | 41.42% | 0.00% | 0.00% |
| Research & Development | 9.15M | 22.03M | 17.09M | 7.85M | 5.47M | 3.23M | 2.77M | 1.53M | 253.21K |
| General & Administrative | 32.45M | 39.76M | 26.81M | 15.09M | 8.69M | 5.71M | 2.72M | 3.26M | 253.25K |
| Selling & Marketing | 2.96M | 14.66M | 10.41M | 2.53M | 1.00M | 805.91K | 394.76K | 115.27K | 10.24K |
| SG&A | 35.41M | 54.42M | 37.22M | 17.62M | 9.70M | 6.52M | 3.11M | 3.38M | 263.49K |
| Other Expenses | -2.13M | -15.74M | 4.09M | 1.53M | 613.43K | 161.90K | 77.61K | 12.42K | 327.17 |
| Operating Expenses | 44.57M | 76.45M | 58.40M | 27.00M | 15.78M | 9.91M | 5.96M | 4.92M | 517.03K |
| Cost & Expenses | 46.12M | 109.52M | 62.73M | 27.70M | 16.15M | 10.25M | 6.00M | 4.92M | 517.03K |
| Interest Income | 4.91M | 2.30M | 270.42K | 169.71K | 57.20K | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 28.49M | 0.00 | 0.00 | 0.00 | 0.00 | 43.49K | 14.26K | 47.85 |
| Depreciation & Amortization | 3.45M | 20.94M | -14.61M | 1.60M | 722.06K | 161.90K | 77.61K | 12.42K | 327.17 |
| EBITDA | -27.21M | -89.36M | -75.41M | 10.84M | -14.98M | -9.63M | -6.02M | -4.91M | -516.70K |
| EBITDA Ratio | -4,472.79% | -1,311.67% | -3,589.47% | 1,907.10% | -3,358.85% | -2,132.99% | -8,815.02% | 0.00% | 0.00% |
| Operating Income | -55.00M | -110.30M | -60.80M | 9.24M | -15.70M | -9.80M | -5.93M | -6.61M | -517.03K |
| Operating Income Ratio | -9,039.77% | -1,619.07% | -2,893.97% | 1,625.03% | -3,520.72% | -2,168.84% | -8,691.90% | 0.00% | 0.00% |
| Total Other Income/Expenses | -12.07M | -13.38M | 16.96M | -35.87M | -3.30M | 3.85M | -1.17M | -2.98K | -946.14 |
| Income Before Tax | -57.58M | -123.67M | -41.33M | -63.08M | -17.74M | -5.83M | -7.11M | -4.94M | -517.98K |
| Income Before Tax Ratio | -9,463.91% | -1,815.43% | -1,967.18% | -11,095.36% | -3,976.07% | -1,291.62% | -10,411.40% | 0.00% | 0.00% |
| Income Tax Expense | 1.00K | 23.55K | 850.00 | -32.55K | -60.26K | -968.67 | 43.49K | 14.26K | 47.85 |
| Net Income | -57.58M | -123.70M | -41.33M | -63.05M | -17.68M | -5.83M | -7.11M | -4.94M | -517.98K |
| Net Income Ratio | -9,464.08% | -1,815.77% | -1,967.22% | -11,089.64% | -3,962.56% | -1,291.41% | -10,411.40% | 0.00% | 0.00% |
| EPS | -0.48 | -1.04 | -0.37 | -1.08 | -0.49 | -0.22 | -0.32 | -0.23 | -0.02 |
| EPS Diluted | -0.48 | -1.04 | -0.37 | -1.08 | -0.49 | -0.22 | -0.32 | -0.23 | -0.02 |
| Weighted Avg Shares Out | 119.29M | 118.74M | 111.72M | 58.35M | 36.00M | 26.58M | 21.82M | 21.36M | 21.36M |
| Weighted Avg Shares Out (Dil) | 119.29M | 118.74M | 111.72M | 58.35M | 36.00M | 26.58M | 21.82M | 21.36M | 21.36M |
ElectraMeccanica and Tevva Announce Proposed Merger Agreement Intended to Create a Market Leader in Zero-Emission Commercial Vehicles - Focusing First in the United Kingdom, then in Europe and the United States
MESA, Ariz. & LONDON--(BUSINESS WIRE)--ElectraMeccanica, (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, and Tevva, a pioneer in electric medium- and heavy-duty commercial vehicles (“Tevva”), today announced that they have entered into a definitive arrangement agreement, pursuant to...
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ElectraMeccanica Vehicles Corp. (SOLO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.17 per share a year ago.
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MESA, Ariz.--(BUSINESS WIRE)--On August 4, 2023, ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, is pleased to report the filing of the Company's quarterly report on Form...
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