Phoenix Motor Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Revenue	3.12	4.33	2.98
Revenue Growth (YoY)	-27.90%	45.45%	-
Cost of Revenue	3.4	3.51	3.54
Gross Profit	-0.28	0.82	-0.56
Selling, General & Admin	14.9	13.97	13.75
Other Operating Expenses	5.33	0	0
Operating Expenses	20.23	13.97	13.75
Operating Income	-20.51	-13.15	-14.31
Interest Expense / Income	0.61	0.01	0
Other Expense / Income	-0.49	-0.46	0.29
Pretax Income	-20.62	-12.7	-14.6
Income Tax	0.02	0.01	0.01
Net Income	-20.65	-12.71	-14.61
Shares Outstanding (Basic)	21	20	18
Shares Outstanding (Diluted)	21	20	18
Shares Change	7.80%	12.37%	-
EPS (Basic)	-0.97	-0.65	-0.84
EPS (Diluted)	-0.97	-0.65	-0.84
Free Cash Flow	-3.75	-15.88	-13.58
Free Cash Flow Per Share	-0.18	-0.81	-0.78
Gross Margin	-8.84%	18.94%	-18.91%
Operating Margin	-656.82%	-303.70%	-480.79%
Profit Margin	-661.27%	-293.42%	-490.90%
Free Cash Flow Margin	-119.96%	-366.67%	-456.06%
EBITDA	-18.01	-10.34	-12.91
EBITDA Margin	-576.87%	-238.87%	-433.73%
Depreciation & Amortization	2.01	2.35	1.69
EBIT	-20.02	-12.69	-14.6
EBIT Margin	-641.16%	-293.05%	-490.43%

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).