REE Automotive Ltd. (REE)

REE Automotive Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	36.27	41.23	56.76	275.77	44.71	27.62
Short-Term Investments	24.23	44.4	96.86	-	1.67	-
Cash & Short-Term Investments	60.5	85.63	153.62	275.77	46.37	27.62
Cash Growth	-42.35%	-44.26%	-44.29%	494.67%	67.91%	103.98%
Accounts Receivable	-	0.46	-	-	0.06	0.04
Other Receivables	6.77	1.65	2.74	1.28	0.21	0.19
Receivables	6.77	2.11	2.74	1.28	0.26	0.23
Inventory	2.05	0.46	-	-	0.27	0.38
Prepaid Expenses	2.55	3.18	5.01	5.15	0.22	0.1
Restricted Cash	-	-	0.16	0.14	0.8	0.09
Other Current Assets	3.12	2.12	4.15	5.73	-	-
Total Current Assets	74.98	93.5	165.68	288.07	47.93	28.42
Property, Plant & Equipment	37.23	38.52	43	2.68	0.76	0.28
Long-Term Deferred Charges	-	-	-	-	0.33	-
Other Long-Term Assets	4.71	5.88	6.34	2.19	-	-
Total Assets	116.92	137.9	215.01	292.94	49.01	28.7
Accounts Payable	4.21	3.7	6.17	4.54	0.97	0.54
Accrued Expenses	7.24	6.59	8.61	9.51	1.86	0.46
Short-Term Debt	15.02	15.02	-	-	-	-
Current Portion of Leases	3.64	2.41	2.75	-	-	-
Current Unearned Revenue	-	-	-	-	-	0.01
Other Current Liabilities	3.89	7.46	2.51	6.51	0.4	0.08
Total Current Liabilities	34	35.18	20.04	20.56	3.23	1.09
Long-Term Debt	4.02	4.81	-	-	-	-
Long-Term Leases	14.07	16.44	18.62	-	-	-
Long-Term Unearned Revenue	-	-	0.94	0.94	-	-
Other Long-Term Liabilities	1.52	3.4	-	21.03	-	-
Total Liabilities	54.04	59.83	39.6	42.53	3.23	1.09
Common Stock	-	-	-	-	-	0.01
Additional Paid-In Capital	934.99	914.21	897.34	864.91	154.96	69.06
Retained Earnings	-872.11	-836.14	-721.93	-614.51	-109.18	-41.47
Shareholders' Equity	62.88	78.08	175.41	250.4	45.78	27.61
Total Liabilities & Equity	116.92	137.9	215.01	292.94	49.01	28.7
Total Debt	36.74	38.68	21.37	-	-	-
Net Cash (Debt)	23.76	46.95	132.25	275.77	46.37	27.62
Net Cash Growth	-71.94%	-64.50%	-52.04%	494.67%	67.91%	103.98%
Net Cash Per Share	2.15	4.65	13.52	35.11	8.92	6.55
Filing Date Shares Outstanding	11.13	10.83	8.16	7.89	181.02	135.24
Total Common Shares Outstanding	11.13	8.45	8.14	7.81	176.07	135.24
Working Capital	40.99	58.33	145.64	267.52	44.7	27.33
Book Value Per Share	5.65	9.24	21.56	32.07	0.26	0.20
Tangible Book Value	62.88	78.08	175.41	250.4	45.78	27.61
Tangible Book Value Per Share	5.65	9.24	21.56	32.07	0.26	0.20
Machinery	-	19.27	5.8	2.55	0.91	0.44
Construction In Progress	-	0.22	11.94	0.2	-	-
Leasehold Improvements	-	1.31	0.76	0.49	0.17	0.1

Source: S&P Capital IQ. Standard template. Financial Sources.