Lotus Technology Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Revenue	679.01	9.56	3.69
Revenue Growth (YoY)	7004.82%	159.21%	-
Cost of Revenue	576.83	7.25	3.13
Gross Profit	102.18	2.31	0.56
Selling, General & Admin	473.47	299.7	92.83
Research & Development	368.73	445.84	511.36
Other Operating Expenses	-4.08	-55.82	-490.69
Operating Expenses	838.12	689.72	113.5
Operating Income	-735.94	-687.41	-112.94
Interest Expense / Income	10.2	8.54	3.62
Other Expense / Income	-5.25	27.67	-7.88
Pretax Income	-740.89	-723.63	-108.68
Income Tax	1.11	0.29	1.85
Net Income	-742	-723.92	-110.53
Preferred Dividends	15.12	0.91	0
Net Income Common	-757.12	-724.83	-110.53
Shares Outstanding (Basic)	475	476	334
Shares Outstanding (Diluted)	475	476	334
Shares Change	-0.25%	42.40%	-
EPS (Basic)	-1.60	-1.52	-0.33
EPS (Diluted)	-1.60	-1.52	-0.33
Free Cash Flow	-595.53	-483.69	-161.08
Free Cash Flow Per Share	-1.25	-1.02	-0.48
Gross Margin	15.05%	24.14%	15.11%
Operating Margin	-108.38%	-7192.77%	-3063.25%
Profit Margin	-111.50%	-7584.29%	-2997.86%
Free Cash Flow Margin	-87.71%	-5061.14%	-4368.89%
EBITDA	-655.68	-686.88	-97.37
EBITDA Margin	-96.56%	-7187.23%	-2640.87%
Depreciation & Amortization	75.01	28.2	7.69
EBIT	-730.69	-715.09	-105.06
EBIT Margin	-107.61%	-7482.34%	-2849.55%

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).