Gogoro Inc. (GGR)

Gogoro Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	304.55	310.64	349.85	382.83	366.01	364.13
Revenue Growth (YoY)	-10.49%	-11.21%	-8.62%	4.59%	0.52%	-17.10%
Cost of Revenue	297.99	302.71	298.91	325.11	304.92	284.68
Gross Profit	6.56	7.93	50.94	57.71	61.09	79.44
Selling, General & Admin	70.02	75.93	95.42	131.25	87.81	87.23
Research & Development	31.56	34.94	40.87	45.99	30.6	28.71
Other Operating Expenses	2.24	2.5	-	-	-	-
Operating Expenses	103.82	113.37	136.28	177.24	118.41	115.94
Operating Income	-97.25	-105.44	-85.34	-119.53	-57.32	-36.5
Interest Expense	-14.36	-14.14	-11.93	-11.77	-11.09	-9.75
Interest & Investment Income	3.08	3.08	2.85	2.87	0.57	0.78
Earnings From Equity Investments	-4.82	-4.09	-1.22	-	-	-
Currency Exchange Gain (Loss)	0.96	0.96	-0.35	-1.72	-0.64	-1.16
Other Non Operating Income (Expenses)	-2.88	9.79	10.91	39.54	1.11	-3.61
EBT Excluding Unusual Items	-115.28	-109.84	-85.08	-90.6	-67.36	-50.25
Merger & Restructuring Charges	-	-	-	-178.8	-	-
Gain (Loss) on Sale of Assets	-2.65	-2.65	-1.64	-	-	-0.09
Asset Writedown	-33.53	-33.53	-1.39	-	-	-
Other Unusual Items	23.27	23.27	12.07	170.5	-	-
Pretax Income	-128.19	-122.75	-76.04	-98.91	-67.36	-50.34
Income Tax Expense	-	-	-	0	-	-1.06
Net Income	-128.19	-122.75	-76.04	-98.91	-67.36	-49.28
Net Income to Common	-128.19	-122.75	-76.04	-98.91	-67.36	-49.28
Shares Outstanding (Basic)	278	265	235	222	193	193
Shares Outstanding (Diluted)	278	265	235	222	193	193
Shares Change (YoY)	17.90%	12.85%	5.77%	14.83%	-	-
EPS (Basic)	-0.46	-0.46	-0.32	-0.45	-0.35	-0.25
EPS (Diluted)	-0.46	-0.46	-0.32	-0.45	-0.35	-0.25
Free Cash Flow	-107.77	-114.57	-58.72	-187.89	-46.95	-143.51
Free Cash Flow Per Share	-0.39	-0.43	-0.25	-0.85	-0.24	-0.74
Gross Margin	2.15%	2.55%	14.56%	15.08%	16.69%	21.82%
Operating Margin	-31.93%	-33.94%	-24.39%	-31.22%	-15.66%	-10.02%
Profit Margin	-42.09%	-39.52%	-21.73%	-25.84%	-18.40%	-13.53%
Free Cash Flow Margin	-35.39%	-36.88%	-16.79%	-49.08%	-12.83%	-39.41%
EBITDA	-16.79	-22.58	0.02	-37.55	25.21	31
EBITDA Margin	-5.51%	-7.27%	0.01%	-9.81%	6.89%	8.51%
D&A For EBITDA	80.47	82.86	85.36	81.97	82.53	67.5
EBIT	-97.25	-105.44	-85.34	-119.53	-57.32	-36.5
EBIT Margin	-31.93%	-33.94%	-24.39%	-31.22%	-15.66%	-10.02%

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q