NWTN Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	12	37.33	-	-	-
Revenue Growth (YoY)	-67.87%	-	-	-	-
Cost of Revenue	9.33	49.01	-	-	-
Gross Profit	2.67	-11.68	-	-	-
Selling, General & Admin	93.57	175.88	25.15	10.04	9.04
Research & Development	4.48	24.43	15.9	0.73	1.86
Operating Expenses	98.04	200.31	41.05	10.77	10.9
Operating Income	-95.38	-211.99	-41.05	-10.77	-10.9
Interest Expense	-2.76	-4.53	-0.08	-1.98	-1.33
Interest & Investment Income	0.07	1.28	0.04	-	-
Other Non Operating Income (Expenses)	-36.18	-25.39	-2.69	-0.32	-0.41
EBT Excluding Unusual Items	-134.24	-240.63	-43.77	-13.07	-12.65
Gain (Loss) on Sale of Investments	-15.92	-	-2.97	-	-
Gain (Loss) on Sale of Assets	-	0.09	-	-	-
Asset Writedown	-	-3.18	-	-	-
Legal Settlements	-22.14	-22.97	-1.5	-	-
Other Unusual Items	-0.54	-	-	-	-
Pretax Income	-172.85	-266.7	-48.24	-13.07	-12.65
Income Tax Expense	-0.12	-	-	-	-
Earnings From Continuing Operations	-172.73	-266.7	-48.24	-13.07	-12.65
Minority Interest in Earnings	0.19	1.4	0.54	0.68	0.74
Net Income	-172.54	-265.29	-47.71	-12.39	-11.91
Net Income to Common	-172.54	-265.29	-47.71	-12.39	-11.91
Shares Outstanding (Basic)	292	287	246	240	240
Shares Outstanding (Diluted)	292	287	246	240	240
Shares Change (YoY)	1.88%	16.64%	2.44%	-	-
EPS (Basic)	-0.59	-0.92	-0.19	-0.05	-0.05
EPS (Diluted)	-0.59	-0.92	-0.19	-0.05	-0.05
Free Cash Flow	33.42	-143.56	-179.22	-6.11	-0.66
Free Cash Flow Per Share	0.11	-0.50	-0.73	-0.03	-0.00
Gross Margin	22.24%	-31.29%	-	-	-
Operating Margin	-795.13%	-567.85%	-	-	-
Profit Margin	-1438.39%	-710.62%	-	-	-
Free Cash Flow Margin	278.59%	-384.53%	-	-	-
EBITDA	-94.6	-211.19	-41	-10.75	-10.86
D&A For EBITDA	0.78	0.8	0.05	0.02	0.04
EBIT	-95.38	-211.99	-41.05	-10.77	-10.9
Advertising Expenses	0.8	5.7	0.9	-	-

Updated Jan 5, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q