Lightning eMotors Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020	2019
Revenue	24.41	20.99	9.09	3.16
Revenue Growth (YoY)	16.30%	130.99%	187.23%	-
Cost of Revenue	36.25	26.29	11.09	4.23
Gross Profit	-11.84	-5.3	-2	-1.07
Selling, General & Admin	51.64	42.85	10.45	7.12
Research & Development	9.61	3.09	1.31	0.98
Other Operating Expenses	0	0	0.08	-0.24
Operating Expenses	61.26	45.94	11.84	7.86
Operating Income	-73.09	-51.24	-13.84	-8.93
Interest Expense / Income	14.96	13.37	2.98	0.58
Other Expense / Income	-103.22	36.16	20.84	0.19
Pretax Income	15.17	-100.77	-37.65	-9.69
Net Income	15.17	-100.77	-37.65	-9.69
Preferred Dividends	0	0	0	2.62
Net Income Common	15.17	-100.77	-37.65	-12.31
Shares Outstanding (Basic)	4	3	2	0
Shares Outstanding (Diluted)	4	3	2	0
Shares Change	42.06%	100.23%	824.74%	-
EPS (Basic)	4.00	-33.40	-25.00	-75.60
EPS (Diluted)	3.20	-33.40	-25.00	-75.60
Free Cash Flow	-112.44	-69	-18.24	-
Free Cash Flow Per Share	-29.16	-22.90	-12.12	-
Gross Margin	-48.49%	-25.25%	-22.00%	-33.79%
Operating Margin	-299.41%	-244.10%	-152.23%	-282.08%
Profit Margin	62.14%	-480.04%	-414.32%	-389.06%
Free Cash Flow Margin	-460.58%	-328.68%	-200.69%	-
EBITDA	33.11	-85.54	-33.05	-
EBITDA Margin	135.62%	-407.47%	-363.71%	-
Depreciation & Amortization	2.98	1.87	1.62	-
EBIT	30.13	-87.4	-34.67	-9.12
EBIT Margin	123.41%	-416.36%	-381.49%	-288.08%

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).