Fisker Inc (FSRN)

OTCMKTS: FSRN · Delayed Price · USD
0.0500
-0.0060 (-10.71%)
Apr 30, 2024, 3:59 PM EDT - Market closed
Market Cap 17.16M
Revenue (ttm) 73.13M
Net Income (ttm) -468.49M
Shares Out 343.10M
EPS (ttm) -1.45
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 29,151,423
Open 0.0545
Previous Close 0.0560
Day's Range 0.0495 - 0.5360
52-Week Range 0.0163 - 0.5360
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About FSRN

Fisker Inc. develops, manufactures, markets, leases, or sells electric vehicles. It operates through three segments: The White Space, The Value Segment, and The Conservative Premium segments. The company is also involved in asset-light automotive business. In addition, it offers fisker flexible platform agnostic design, a process that develops and designs electric vehicles in specific segment size. The company was incorporated in 2016 and is headquartered in Manhattan Beach, California. [Read more]

Founded 2016
Employees 1,560
Stock Exchange OTCMKTS
Ticker Symbol FSRN
Full Company Profile

Financial Performance

In 2022, Fisker's revenue was $342,000, an increase of 222.64% compared to the previous year's $106,000. Losses were -$547.50 million, 16.2% more than in 2021.

Financial numbers in USD Financial Statements

News

Read the email Fisker sent to staff warning of layoffs if the company can't correct course

Fisker warned staff it might lay them off in two months if efforts to course correct fail. The company said its exploring restructuring alternatives and potential sale discussions.

20 hours ago - Business Insider

Fisker warns staff they could get laid off in 2 months

Fisker warned staff of potential layoffs in the next two months, according to 3 employees and an email viewed by BI. The company is exploring options, including prospective buyers and restructuring.

1 day ago - Business Insider

Fisker starts new round of layoffs to ‘preserve cash'

EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email vi...

1 day ago - TechCrunch

Fisker tells employees that 4 automakers are in talks to buy the struggling startup

Fisker is in talks with four automakers for possible acquisition, according to CEO Henrik Fisker. Fisker's CEO held an all-hands with staff on Thursday.

5 days ago - Business Insider

Fisker plans more layoffs as cash dwindles and bankruptcy looms

Fisker says it's planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection wi...

7 days ago - TechCrunch

Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations

Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regu...

7 days ago - Reuters

Fisker Signs New Dealer Partner in Miami and Adds New Dealer Partners in Europe

LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced that the company has signed Fis...

16 days ago - Business Wire

Fisker Withdraws Financial Gudiance. It's Not a Shock.

The EV start-up abandons its financial guidance for 2024, and the company says it's continuing to look at strategic alternatives.

27 days ago - Barrons

Fisker withdraws financial guidance as talks to save itself continue

Fisker Inc. said late Wednesday it was withdrawing its financial guidance for 2024 as the embattled EV maker continues to seek alternatives to keep itself afloat.

27 days ago - Market Watch

Fisker Withdraws Guidance Amid Strategic Options Evaluation

Fisker also disclosed that board member William McDermott had resigned, and appointed John Dubel as his replacement.

27 days ago - WSJ

EV startup Fisker withdraws 2024 financial forecasts, continues to evaluate options

EV startup Fisker said on Wednesday it is withdrawing all financial forecasts for 2024 and is continuing to evaluate strategic options.

27 days ago - Reuters

Fisker Faces Third Safety Probe Into Ocean SUVs—Here's What Regulators Are Investigating

The National Highway Traffic Safety Administration opened another investigation into Fisker's 2023 Ocean SUV—the third probe into safety flaws for the model as the electric vehicle manufacturer faces ...

27 days ago - Forbes

Fisker woes thicken as NHTSA launches a preliminary probe

Woes continue for Fisker Inc as the NHTSA launched a preliminary probe into the struggling electric vehicles company. Why is Fisker under investigation?

27 days ago - Invezz

US opens investigation into Fisker's Ocean vehicles

The U.S. auto regulator has opened a preliminary evaluation of Fisker's 2023 Ocean vehicles after complaints alleging failure to open the door, the National Highway Traffic Safety Administration said ...

4 weeks ago - Reuters

Fisker Ocean reservation cancellations top 40,000 as the EV company tries to fight off bankruptcy, leaked data shows

Fisker has faced a wave of reservation cancellations, according to internal data viewed by BI. Reservation cancellations for the Fisker Ocean recently topped 40,000.

4 weeks ago - Business Insider

Fisker reportedly temporarily misplaced millions of dollars in payments for its EVs

Fisker reportedly temporarily misplaced millions of dollars worth of customer payments. The issue made it difficult for Fisker to accurately report its revenue, TechCrunch reported.

4 weeks ago - Business Insider

Troubled EV maker Fisker to cut some car prices by more than 30% to boost demand

Any remaining investors in Fisker Inc.'s stock got a slight reprieve Thursday from the troubled electric-vehicle maker's selloff, after the company announced large price cuts in an attempt to boost de...

4 weeks ago - Market Watch

EV maker slashes prices as it tries to avoid bankruptcy

Fisker, whose deal with a large unnamed automaker fell through, is slashing the price of its electric SUVs in the United States as it fights to avoid bankruptcy.

4 weeks ago - Fox Business

Troubled Fisker Slashes Some EV Prices By at Least 30% in Push To Draw Demand

Fisker, which has been delisted from the New York Stock Exchange (NYSE), is slashing the suggested prices for some of its 2023 models as the struggling electric-vehicle (EV) maker rushes to raise cash...

4 weeks ago - Investopedia

Tesla Stock Gains. BYD, Fisker, CATL, and Other Electric Vehicle News.

Tesla's partnership with CATL is welcome as it copes with intensifying competition among EV makers, which has led to price cuts and lower profitability.

Other symbols: BYDDFBYDDYTSLA
4 weeks ago - Barrons

Fisker slashes prices on 2023 EV models to boost demand

Struggling electric-vehicle maker Fisker FSRN, -22.64% is cutting the suggested prices for some of its 2023 model-year vehicles, a bid to drum up demand for its cars as the startup struggles for cash.

4 weeks ago - Market Watch

Fisker Slashes Prices on 2023 EV Models in Affordability Bid

Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash.

4 weeks ago - WSJ

Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles

LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced reductions in Manufacturer's Su...

4 weeks ago - Business Wire

EV startup Fisker slashes prices of Ocean SUV amid debt troubles

Electric-vehicle startup Fisker said on Wednesday it was cutting the prices of its electric Ocean SUV, signaling an attempt by the cash-strapped firm to drum up demand and ease concerns regarding its ...

4 weeks ago - Reuters

Fisker lost track of millions of dollars in customer payments for months

Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete, TechCrunch has ...

4 weeks ago - TechCrunch