See more : The National Company for Glass Industries (2150.SR) Income Statement Analysis – Financial Results
Complete financial analysis of Lightning eMotors, Inc. (ZEV) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lightning eMotors, Inc., a leading company in the Agricultural – Machinery industry within the Industrials sector.
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Lightning eMotors, Inc. (ZEV)
About Lightning eMotors, Inc.
Lightning eMotors, Inc. designs, manufactures, and sells zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the United States. It offers zero-emission class 3 to 7 battery electric and fuel cell electric vehicles. The company's vehicles comprise cargo and passenger vehicles, school buses, ambulances, shuttle buses, work trucks, city buses, and motorcoaches. It also offers charging systems and charging infrastructure solutions for commercial medium duty vans and motorcoach fleets. The company was founded in 2008 and is headquartered in Loveland, Colorado.
| Metric | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Revenue | 24.41M | 20.99M | 9.09M | 3.16M |
| Cost of Revenue | 36.25M | 26.29M | 11.09M | 4.23M |
| Gross Profit | -11.84M | -5.30M | -2.00M | -1.07M |
| Gross Profit Ratio | -48.49% | -25.25% | -22.00% | -33.79% |
| Research & Development | 9.61M | 3.09M | 1.31M | 975.00K |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 51.64M | 42.85M | 10.45M | 7.12M |
| Other Expenses | 80.87M | -4.20M | -76.00K | 240.00K |
| Operating Expenses | 61.26M | 45.94M | 11.76M | 8.10M |
| Cost & Expenses | 97.51M | 72.23M | 22.85M | 12.33M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 14.96M | 13.37M | 2.98M | 575.00K |
| Depreciation & Amortization | 1.82M | -3.33M | 286.00K | 163.00K |
| EBITDA | 9.60M | -54.57M | -13.47M | -9.00M |
| EBITDA Ratio | 39.32% | -259.95% | -148.25% | -284.51% |
| Operating Income | 7.78M | -51.24M | -13.76M | -9.17M |
| Operating Income Ratio | 31.87% | -244.10% | -151.40% | -289.66% |
| Total Other Income/Expenses | 88.26M | -49.53M | -23.89M | -525.00K |
| Income Before Tax | 15.17M | -100.77M | -37.65M | -9.69M |
| Income Before Tax Ratio | 62.14% | -480.04% | -414.32% | -306.26% |
| Income Tax Expense | 14.96 | 9.17M | 2.91M | 815.00K |
| Net Income | 15.17M | -109.93M | -40.56M | -10.51M |
| Net Income Ratio | 62.14% | -523.69% | -446.30% | -332.02% |
| EPS | 4.00 | -36.49 | -11.08 | -2.87 |
| EPS Diluted | 3.20 | -36.49 | -11.08 | -2.87 |
| Weighted Avg Shares Out | 4.28M | 3.01M | 3.66M | 3.66M |
| Weighted Avg Shares Out (Dil) | 4.28M | 3.01M | 3.66M | 3.66M |
Lightning eMotors Reports Financial Results for Second Quarter 2023
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the second quarter ended June 30, 2023. “The second quarter represented the second highest quarterly revenue...
Lightning eMotors to Report Second Quarter 2023 Earnings on August 14
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company will release its second quarter 2023 results after the market closes Monday, August...
Lightning eMotors Announces Production of 46 Units in the Second Quarter of 2023
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company produced 46 units, consisting of vehicles, powertrains, and Lightning Mobile DC Fast Chargers,...
Hyundai Motor Joins Forces with Culture Convenience Club to Provide Personalized Zero-Emission Vehicle Lifestyle
The partnership to propose new lifestyle that combines zero-emission-vehicle (ZEV) mobility and cultural content in Japan by collaborating on new concept mobility service, data-driven marketing and global experience platform development Based on their shared people-centric vision, Hyundai Motor and CCC...
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Lightning eMotors stock rallies toward 1st gain in 6 days after deal to supply 6 electric shuttle buses to Vanderbilt University
Shares of Lightning eMotors Inc. ZEV, -13.32% rallied 5.1% in premarket trading Thursday, putting them on track to snap a five-day losing streak, after the electric vehicle maker said it will supply six electric shuttle buses to Vanderbilt University. The...
Lightning eMotors to Report First Quarter 2023 Financial Results on May 17
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company will release its first quarter 2023 results before the market opens on Wednesday,...
Dear ZEV Stock Fans, Mark Your Calendars for April 28
Lightning Emotors (NYSE: ZEV ) stock fans will want to keep an eye on the company's shares when April 28 rolls around. That's when the company expects shares of ZEV stock to start trading on a split-adjusted basis.
Lightning eMotors (ZEV) Q4 2022 Earnings Call Transcript
Lightning eMotors Inc. (NYSE:ZEV ) Q4 2022 Earnings Conference Call March 13, 2023 8:30 AM ET Company Participants Timothy Reeser - Chief Executive Officer Kash Sethi - Chief Revenue Officer David Agatston - Senior Vice President, Chief Financial Officer Brian...
Lightning eMotors, Inc. (ZEV) Reports Q4 Loss, Tops Revenue Estimates
Lightning eMotors, Inc. (ZEV) delivered earnings and revenue surprises of -14.81% and 9.72%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
Category: Stock Reports
What were Lightning eMotors’ record revenue figures?
In the year 2022, Lightning eMotors had annual revenue of $24.41M with 16.30% growth.
How did Lightning eMotors’ revenue grow in 2023?
Unit sales were 110, compared to 93 in the year-ago quarter. Third quarter revenue was $12.4 million, compared to $11.1 million for the prior year quarter. Excluding customer refunds related to the Romeo battery recall, adjusted revenue was $12.7 million.