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REE Automotive Ltd. Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
Revenues0.00.00.40.7
            Revenue growth-100.0%-98.5%-43.0% 
Cost of goods sold0.51.00.60.5
Gross profit-0.5-1.0-0.30.2
            Gross margin -16483.3%-66.8%28.0%
Selling, general and administrative49.2262.138.37.2
Research and development78.2252.429.67.0
EBIT-137.5-515.5-68.1-14.0
            EBIT margin -8591600.0%-17551.0%-2059.5%
Pre-tax income-105.7-504.0-67.7-12.2
Income taxes1.71.30.00.0
            Tax rate  0.0%0.0%
Net income-107.4-505.3-67.7-12.2
            Net margin -8422166.7%-17451.8%-1790.7%
 
Diluted EPS($0.37)($2.14)($0.43)($0.10)
Shares outstanding (diluted)293.5235.6155.9126.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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