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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 First Quarter 2022
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (“Lightning eMotors”, “Lightning”, or the “Company”), a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the first quarter ending March 31, 2022. “Our sales...
Lightning eMotors to Report First Quarter 2022 Earnings on May 13
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 2022 results before the market opens on Friday,...
Lightning eMotors, Inc. (ZEV) CEO Timothy Reeser on Q4 2021 Results - Earnings Call Transcript
Lightning eMotors, Inc. (ZEV) CEO Timothy Reeser on Q4 2021 Results - Earnings Call Transcript
Lightning eMotors Stock Slides On Q4 Revenue Miss, Q1 Outlook Trailing Expectation
Lightning eMotors Inc (NYSE: ZEV) reported fourth-quarter revenue growth of 13% year-over-year to $4.2 million, missing the consensus of $5.25 million. EPS improved to $0.28 from $(0.42) in 4Q20, beating the consensus of $(0.19).
Lightning eMotors Reports Financial Results for Fourth Quarter and Full Year 2021
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors, Inc. (“Lightning eMotors”, “Lightning”, or the “Company”), a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the fourth quarter and full year ending December 31,...
Lightning eMotors to Present at the BofA Securities STAARS Summit 2022
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, announced today that CEO Tim Reeser will be presenting at the BofA STAARS Summit 2022. What: BofA STAARS...
Lightning eMotors to Report Fourth Quarter 2021 Earnings on March 28
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 fourth quarter 2021 results after market close on Monday, March...
Benchmark Cuts Lightning Emotors Price Target By 36%
Lightning Emotors Inc (NYSE: ZEV) price target has been lowered to $9 (an upside of 91.7%) from $14 by Benchmark. Analyst Michael Ward reduced the price target to echo new revenue assumptions as chip shortages have extended into 2022.
Why Lightning eMotors Stock Soared Today
Vehicle fleet electrification company Lightning eMotors is doing a deal with auto giant General Motors.
ZEV Stock Alert: 8 Things to Know About the GM Deal Lifting Lightning eMotors Today
Lightning eMotors is in the green today after announcing a collaboration with General Motors. So, what does this mean for ZEV 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.