REE Automotive Ltd. (REE) — Financial statements
Income statement, balance sheet, and cash flow for REE Automotive Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 0.18↓88.6% | 2 | 0.00↓100.0% | 0.01↓98.5% | 0.39 | |
| Cost of Revenue | 4↓59.4% | 9↑1558.3% | 0.55↓45.0% | 1.00↑53.8% | 0.65 | |
| Gross Profit | -3↑53.1% | -7↓1264.4% | -0.55↑44.7% | -0.99↓281.9% | -0.26 | |
| Operating Expenses | ||||||
| R&D Expenses | 49↓40.2% | 83↑5.7% | 78↓69.0% | 252↑753.1% | 30 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 26↓12.1% | 30↓39.5% | 49↓81.2% | 262↑585.2% | 38 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 76↓32.7% | 112↓11.8% | 127↓75.2% | 515↑658.4% | 68 | |
| Total Costs & Expenses | 79↓34.7% | 122↓5.1% | 128↓75.2% | 516↑652.7% | 68 | |
| Operating Results | ||||||
| Operating Income | -79↑34.0% | -120↑6.3% | -128↑75.2% | -515↓657.0% | -68 | |
| Depreciation & Amortization | 3↓45.1% | 6↑18.2% | 5↑914.3% | 0.48↑191.6% | 0.17 | |
| EBITDA | -106↑7.5% | -114↓13.2% | -101↑80.0% | -504↓641.3% | -68 | |
| EBIT | -109↑9.3% | -120↓13.5% | -106↑79.0% | -504↓640.2% | -68 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2↓55.2% | 4↓90.2% | 45↑10443.7% | 0.42↑2.7% | 0.41 | |
| Interest Income | 3↓34.0% | 4↑56.3% | 3↑558.4% | 0.42↑3.4% | 0.41 | |
| Interest Expense | 0.92 | 0.00↑100.0% | -42 | 0.00↑100.0% | -0.00 | |
| Non-Operating Income | 30 | 0.00↑100.0% | -22↓94.8% | -11 | 0.00 | |
| Other Income / Expenses | -31↓806.8% | 4↓80.6% | 22↑94.8% | 11↑2873.2% | 0.39 | |
| Income Before Tax | -110↑5.1% | -116↓9.4% | -106↑79.0% | -504↓644.4% | -68 | |
| Income Tax Expense | 2↑251.7% | -1↓177.8% | 2↑36.5% | 1 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -112↑2.1% | -114↓6.3% | -107↑78.7% | -505↓646.3% | -68 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -112↑2.1% | -114↓6.3% | -107↑78.7% | -505↓650.5% | -67 | |
| Bottom-Line Net Income | -112↑2.1% | -114↓6.3% | -107↑78.7% | -505↓646.3% | -68 | |
| EPS (Basic) | -7.01↑38.1% | -11.32↓3.1% | -10.98↑82.9% | -64.34↓628.7% | -8.83 | |
| EPS (Diluted) | -7.01↑38.1% | -11.32↓3.1% | -10.98↑82.9% | -64.34↓628.7% | -8.83 | |
| Weighted Average Shares | 16↑57.9% | 10↑3.1% | 10↑24.6% | 8↑2.5% | 8 | |
| Weighted Average Diluted Shares | 16↑57.9% | 10↑3.1% | 10↑24.6% | 8↑2.5% | 8 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.