Einride AB Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	35.09	18.42
Revenue Growth (YoY)	90.51%	-
Cost of Revenue	48	42.17
Gross Profit	-12.91	-23.75
Selling, General & Admin	32.26	51.04
Research & Development	31.54	39.92
Other Operating Expenses	-0.63	12.35
Operating Expenses	63.17	103.32
Operating Income	-76.08	-127.07
Interest Expense	-19.41	-5.13
Interest & Investment Income	1.97	3.11
Earnings From Equity Investments	0.03	0.01
Currency Exchange Gain (Loss)	3.46	0.96
Other Non Operating Income (Expenses)	4.48	0.52
EBT Excluding Unusual Items	-85.56	-127.6
Asset Writedown	-	-5.92
Legal Settlements	-1.39	-2.62
Pretax Income	-86.95	-136.14
Income Tax Expense	0.48	0.23
Net Income	-87.43	-136.37
Net Income to Common	-87.43	-136.37
Shares Outstanding (Basic)	13	12
Shares Outstanding (Diluted)	13	12
Shares Change (YoY)	3.60%	-
EPS (Basic)	-6.77	-10.94
EPS (Diluted)	-6.77	-10.94
Free Cash Flow	-50.14	-150.09
Free Cash Flow Per Share	-3.88	-12.05
Gross Margin	-36.79%	-128.95%
Operating Margin	-216.81%	-689.83%
Profit Margin	-249.14%	-740.30%
Free Cash Flow Margin	-142.88%	-814.78%
EBITDA	-64.33	-117.59
EBITDA Margin	-183.32%	-
D&A For EBITDA	11.75	9.48
EBIT	-76.08	-127.07
EBIT Margin	-216.81%	-
Advertising Expenses	0.78	2