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Income Statement
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Hyzon Motors Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q10-Q10-Q10-Q8-K10-Q10-Q
Revenues    8.08.18.15.20.10.0
            Revenue growth    8918.0%     
Cost of goods sold    30.422.521.120.40.20.0
Gross profit    -22.4-14.3-13.0-15.3-0.10.0
            Gross margin    -279.4%-176.8%-161.4%-294.6%-129.2% 
Selling, general and administrative   [+]  92.098.584.367.757.114.9
Research and development    34.228.921.915.68.14.2
EBITDA   [+]  -146.2-139.5-117.4 -64.2-18.6
            EBITDA margin    -1821.3%-1720.4%-1455.7%-1883.4%-72183.9% 
Depreciation and amortization    2.42.31.8 1.00.5
EBIT   [+]  -148.6-141.8-119.2-98.5-65.3-19.1
            EBIT margin    -1851.3%-1748.5%-1478.2%-1903.5%-73352.5% 
Interest expense, net   [+]  -0.40.20.65.25.25.0
Other income (expense), net   [+]  111.2174.4103.887.164.7-16.2
Pre-tax income    -37.132.4-16.1-16.7-5.9-40.3
Income taxes    0.50.50.50.00.00.0
            Tax rate    -1.4%1.6% 0.0%0.0%0.0%
Minority interest    -20.2-10.1-7.2-5.1-1.3-0.5
Net income    -21.238.2-13.2-15.4-4.6-39.7
            Net margin    -264.5%470.8%-164.1%-297.3%-5131.8% 
   
Basic EPS   [+]  ($0.09)$0.16($0.06)($0.08)($0.03)($0.33)
Diluted EPS   [+]  ($0.08)$0.15($0.06)($0.07)($0.03)($0.32)
   
Shares outstanding (basic)   [+]  248.0244.5224.0203.6142.9121.5
Shares outstanding (diluted)   [+]  250.5250.1227.1206.7150.2125.7
   
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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