Hyzon Motors Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	10.73	0.3	3.73	-0.08	-
Revenue Growth (YoY)	1262.77%	-92.08%	-	-	-
Cost of Revenue	35.65	15.66	23.32	15.63	-
Gross Profit	-24.93	-15.36	-19.59	-15.71	-
Selling, General & Admin	71.69	95.96	105.67	67.85	13.95
Research & Development	38.56	42.63	39.13	15.46	1.58
Operating Expenses	110.24	138.59	144.81	83.31	15.52
Operating Income	-135.17	-153.95	-164.4	-99.03	-15.52
Interest Expense	-1.9	-	-	-5.24	-0.04
Interest & Investment Income	-	2.1	0.4	-	-
Currency Exchange Gain (Loss)	-0.17	-1.4	-0.55	-1.41	-0.12
Other Non Operating Income (Expenses)	0.07	0.96	14.11	4.17	-
EBT Excluding Unusual Items	-137.18	-152.29	-150.44	-101.51	-15.68
Merger & Restructuring Charges	-7.65	-7.77	-8.4	-	-
Gain (Loss) on Sale of Investments	-16.51	-7.36	12.02	-	-
Asset Writedown	-1.3	-1.3	-	-	-
Legal Settlements	-25	-25	-	-	-
Other Unusual Items	6.99	9.2	92.83	84.61	-
Pretax Income	-176.36	-184.52	-53.99	-16.89	-15.68
Income Tax Expense	-0.49	-0.49	0.53	-	-
Earnings From Continuing Operations	-175.87	-184.03	-54.51	-16.89	-15.68
Minority Interest in Earnings	0.04	-0.02	22.33	4.75	0.11
Net Income	-175.83	-184.04	-32.19	-12.14	-15.57
Net Income to Common	-175.83	-184.04	-32.19	-12.14	-15.57
Shares Outstanding (Basic)	5	5	5	4	3
Shares Outstanding (Diluted)	5	5	5	4	3
Shares Change (YoY)	3.96%	-1.32%	21.65%	33.57%	-
EPS (Basic)	-34.44	-37.59	-6.49	-2.98	-5.10
EPS (Diluted)	-34.44	-37.59	-6.50	-3.00	-5.10
Free Cash Flow	-116.26	-143.46	-163.23	-110.04	-1.76
Free Cash Flow Per Share	-22.77	-29.30	-32.90	-26.98	-0.58
Operating Margin	-1260.33%	-52187.80%	-4412.21%	-	-
Profit Margin	-1639.40%	-62387.12%	-863.82%	-	-
Free Cash Flow Margin	-1084.00%	-48628.81%	-4380.84%	-	-
EBITDA	-131.52	-149.98	-160.7	-97.89	-15.51
D&A For EBITDA	3.65	3.98	3.7	1.14	0.01
EBIT	-135.17	-153.95	-164.4	-99.03	-15.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q