Fisker Inc (FSRN)
| Market Cap | 16.78M |
| Revenue (ttm) | 73.13M |
| Net Income (ttm) | -468.49M |
| Shares Out | 343.10M |
| EPS (ttm) | -1.45 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 21,888,026 |
| Open | 0.0501 |
| Previous Close | 0.0500 |
| Day's Range | 0.0451 - 0.0536 |
| 52-Week Range | 0.0163 - 0.0950 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FSRN
Fisker Inc. develops, manufactures, markets, leases, or sells electric vehicles. It operates through three segments: The White Space, The Value Segment, and The Conservative Premium segments. The company is also involved in asset-light automotive business. In addition, it offers fisker flexible platform agnostic design, a process that develops and designs electric vehicles in specific segment size. The company was incorporated in 2016 and is headquartered in Manhattan Beach, California. [Read more]
Financial Performance
In 2022, Fisker's revenue was $342,000, an increase of 222.64% compared to the previous year's $106,000. Losses were -$547.50 million, 16.2% more than in 2021.
Financial numbers in USD Financial StatementsNews
Fisker's woes are another reason to consider leasing an EV over buying
Fisker customers are worried about how a potential bankruptcy could impact service needs. Some Fisker owners probably wish they had leased over buying.
Fisker employees are fixing some customers' cars with parts from the company's vehicle 'graveyard,' sources say
Fisker employees are using parts from pre-production vehicles and inventory to fix some customers' cars, eight sources said. The practice has been ongoing since Fisker began deliveries in June 2023, s...
Read the email Fisker sent to staff warning of layoffs if the company can't correct course
Fisker warned staff it might lay them off in two months if efforts to course correct fail. The company said its exploring restructuring alternatives and potential sale discussions.
Fisker warns staff they could get laid off in 2 months
Fisker warned staff of potential layoffs in the next two months, according to 3 employees and an email viewed by BI. The company is exploring options, including prospective buyers and restructuring.
Fisker starts new round of layoffs to ‘preserve cash'
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email vi...
Fisker tells employees that 4 automakers are in talks to buy the struggling startup
Fisker is in talks with four automakers for possible acquisition, according to CEO Henrik Fisker. Fisker's CEO held an all-hands with staff on Thursday.
Fisker plans more layoffs as cash dwindles and bankruptcy looms
Fisker says it's planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection wi...
Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regu...
Fisker Signs New Dealer Partner in Miami and Adds New Dealer Partners in Europe
LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced that the company has signed Fis...
Fisker Withdraws Financial Gudiance. It's Not a Shock.
The EV start-up abandons its financial guidance for 2024, and the company says it's continuing to look at strategic alternatives.
Fisker withdraws financial guidance as talks to save itself continue
Fisker Inc. said late Wednesday it was withdrawing its financial guidance for 2024 as the embattled EV maker continues to seek alternatives to keep itself afloat.
Fisker Withdraws Guidance Amid Strategic Options Evaluation
Fisker also disclosed that board member William McDermott had resigned, and appointed John Dubel as his replacement.
EV startup Fisker withdraws 2024 financial forecasts, continues to evaluate options
EV startup Fisker said on Wednesday it is withdrawing all financial forecasts for 2024 and is continuing to evaluate strategic options.
Fisker Faces Third Safety Probe Into Ocean SUVs—Here's What Regulators Are Investigating
The National Highway Traffic Safety Administration opened another investigation into Fisker's 2023 Ocean SUV—the third probe into safety flaws for the model as the electric vehicle manufacturer faces ...
Fisker woes thicken as NHTSA launches a preliminary probe
Woes continue for Fisker Inc as the NHTSA launched a preliminary probe into the struggling electric vehicles company. Why is Fisker under investigation?
US opens investigation into Fisker's Ocean vehicles
The U.S. auto regulator has opened a preliminary evaluation of Fisker's 2023 Ocean vehicles after complaints alleging failure to open the door, the National Highway Traffic Safety Administration said ...
Fisker Ocean reservation cancellations top 40,000 as the EV company tries to fight off bankruptcy, leaked data shows
Fisker has faced a wave of reservation cancellations, according to internal data viewed by BI. Reservation cancellations for the Fisker Ocean recently topped 40,000.
Fisker reportedly temporarily misplaced millions of dollars in payments for its EVs
Fisker reportedly temporarily misplaced millions of dollars worth of customer payments. The issue made it difficult for Fisker to accurately report its revenue, TechCrunch reported.
Troubled EV maker Fisker to cut some car prices by more than 30% to boost demand
Any remaining investors in Fisker Inc.'s stock got a slight reprieve Thursday from the troubled electric-vehicle maker's selloff, after the company announced large price cuts in an attempt to boost de...
EV maker slashes prices as it tries to avoid bankruptcy
Fisker, whose deal with a large unnamed automaker fell through, is slashing the price of its electric SUVs in the United States as it fights to avoid bankruptcy.
Troubled Fisker Slashes Some EV Prices By at Least 30% in Push To Draw Demand
Fisker, which has been delisted from the New York Stock Exchange (NYSE), is slashing the suggested prices for some of its 2023 models as the struggling electric-vehicle (EV) maker rushes to raise cash...
Tesla Stock Gains. BYD, Fisker, CATL, and Other Electric Vehicle News.
Tesla's partnership with CATL is welcome as it copes with intensifying competition among EV makers, which has led to price cuts and lower profitability.
Fisker slashes prices on 2023 EV models to boost demand
Struggling electric-vehicle maker Fisker FSRN, -22.64% is cutting the suggested prices for some of its 2023 model-year vehicles, a bid to drum up demand for its cars as the startup struggles for cash.
Fisker Slashes Prices on 2023 EV Models in Affordability Bid
Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash.
Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles
LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced reductions in Manufacturer's Su...