Xos, Inc. (XOS)

Xos, Inc. Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	52.99	44.52	36.38	5.05	2.64	1.15
Revenue Growth (YoY)	55.65%	22.40%	620.60%	91.14%	130.25%	272.40%
Cost of Revenue	50.61	45.81	66.41	7.41	2.34	0.81
Gross Profit	2.38	-1.29	-30.03	-2.36	0.3	0.34
Selling, General & Admin	40.64	44.09	50.64	30.72	5.16	4.11
Research & Development	16.91	19.59	30.68	20.08	7.02	0.36
Other Operating Expenses	0	0	0	0	0	0.24
Operating Expenses	57.55	63.68	81.32	50.79	12.17	4.72
Operating Income	-55.18	-64.97	-111.35	-53.16	-11.87	-4.37
Interest Expense / Income	0	0	0	0	0	0.56
Other Expense / Income	7.31	10.86	-38.03	-76.56	4.8	-
Pretax Income	-62.49	-75.82	-73.32	23.4	-16.67	-4.93
Income Tax	0.02	0.02	0.01	0	0	0
Net Income	-62.52	-75.84	-73.33	23.4	-16.67	-4.93
Shares Outstanding (Basic)	6	6	6	4	2	-
Shares Outstanding (Diluted)	6	6	6	4	2	-
Shares Change	8.53%	-0.43%	61.76%	49.65%	-	-
EPS (Basic)	-10.71	-13.11	-13.31	6.60	-6.90	-
EPS (Diluted)	-10.71	-13.11	-13.32	6.60	-6.90	-
Free Cash Flow	-39.71	-40.67	-142.07	-93.81	-12.75	-2.53
Free Cash Flow Per Share	-6.50	-7.03	-25.79	-26.66	-5.31	-
Gross Margin	4.48%	-2.90%	-82.55%	-46.79%	11.36%	29.73%
Operating Margin	-104.13%	-145.91%	-306.10%	-1052.99%	-449.53%	-381.34%
Profit Margin	-117.98%	-170.35%	-201.58%	463.57%	-631.09%	-430.08%
Free Cash Flow Margin	-74.94%	-91.35%	-390.57%	-1858.36%	-482.58%	-220.40%
Effective Tax Rate	-	-	-	0.01%	-	-
EBITDA	-57.68	-70.94	-69.69	24.14	-16.37	-4.14
EBITDA Margin	-108.85%	-159.34%	-191.57%	478.19%	-619.88%	-360.51%
Depreciation & Amortization	4.81	4.88	3.63	0.74	0.3	0.24
EBIT	-62.49	-75.82	-73.32	23.4	-16.67	-4.37
EBIT Margin	-117.93%	-170.30%	-201.55%	463.61%	-631.09%	-381.34%

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).