AERWINS Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020
Revenue	5.21	7.83	9.92
Revenue Growth (YoY)	-33.49%	-21.10%	-
Cost of Revenue	5.07	6.43	6.8
Gross Profit	0.14	1.4	3.13
Selling, General & Admin	7.3	6.1	7.03
Research & Development	8.93	9.34	7.51
Operating Expenses	16.23	15.44	14.54
Operating Income	-16.09	-14.04	-11.41
Interest Expense / Income	0.03	0.04	0.02
Other Expense / Income	-1.64	0.45	1.09
Pretax Income	-14.48	-14.53	-12.52
Income Tax	0	0	0.02
Net Income	-14.48	-14.53	-12.55
Shares Outstanding (Basic)	0	0	0
Shares Outstanding (Diluted)	0	0	0
Shares Change	8.56%	3.28%	-
EPS (Basic)	-51.00	-55.00	-49.00
EPS (Diluted)	-51.00	-55.00	-49.00
Free Cash Flow	-17.82	-10.74	-7.7
Free Cash Flow Per Share	-62.37	-40.78	-30.20
Gross Margin	2.63%	17.83%	31.51%
Operating Margin	-309.02%	-179.29%	-115.01%
Profit Margin	-278.06%	-185.53%	-126.43%
Free Cash Flow Margin	-342.12%	-137.21%	-77.58%
EBITDA	-13.78	-13.74	-11.61
EBITDA Margin	-264.59%	-175.44%	-117.02%
Depreciation & Amortization	0.67	0.75	0.89
EBIT	-14.45	-14.49	-12.5
EBIT Margin	-277.55%	-185.06%	-125.99%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).