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Arcimoto Inc (FUV)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K
Total revenues   [+]4.42.21.00.10.10.0
            Revenue growth  101.5%120.3%939.9%-25.2%  
Cost of goods sold  17.18.32.90.10.10.0
Gross profit  -12.8-6.1-1.90.00.00.0
            Gross margin  -291.0%-279.1%-194.7%-34.2%38.2% 
Selling, general and administrative   [+]19.98.36.57.21.90.9
Research and development    6.03.81.51.0
EBITDA   [+]-30.4-13.5-13.7-10.6-3.3-1.9
            EBITDA margin  -692.2%-619.1%-1391.4%-11123.9%-2577.9% 
Depreciation and amortization  2.30.90.70.50.00.0
EBIT   [+]-32.7-14.4-14.5-11.0-3.3-1.9
            EBIT margin  -745.8%-661.9%-1463.3%-11602.4%-2593.7% 
Non-recurring items   [+]18.93.0    
Interest expense, net   [+]-0.2-0.70.90.10.00.0
Other income (expense), net   [+]3.9-1.40.00.10.00.0
Pre-tax income  -47.6-18.1-15.3-11.1-3.3-1.9
Income taxes  2.90.00.00.00.00.0
            Tax rate   0.0%0.0%0.0%0.0%0.0%
Net income  -50.5-18.1-15.3-11.1-3.3-1.9
            Net margin  -1151.3%-832.6%-1553.0%-11633.1%-2610.2% 
   
Basic EPS   [+]($1.38)($0.63)($0.85)($0.70)($0.24)($0.19)
Diluted EPS   [+]($1.38)($0.63)($0.85)($0.70)($0.24)($0.19)
   
Shares outstanding (basic)   [+]36.728.618.115.813.610.0
Shares outstanding (diluted)   [+]36.728.618.115.813.610.0
   
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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