Xos Inc - Understand $xos stock

$XOS Market Cap: $38.1 Million

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Financial Snapshot

Revenue

$63.77M

TTM

Gross Margin

13.34%

TTM

Net Earnings

-$48.60M

TTM

Current Assets

$100.1M

Q2 2024

Current Liabilities

$20.05M

Q2 2024

Current Ratio

499.36%

Q2 2024

Total Assets

$123.4M

Q2 2024

Total Liabilities

$64.21M

Q2 2024

Book Value

$59.22M

Q2 2024

Cash

$19.70M

Q2 2024

P/E

-0.7839

Sep 13, 2024 EST

Free Cash Flow

-$50.02M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$44.52M	$36.38M	$5.048M	$2.641M	$1.147M	$308.0K
YoY Change	22.4%	620.6%	91.14%	130.25%	272.4%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$44.52M	$36.38M	$5.048M	$2.641M	$1.147M	$308.0K
Cost Of Revenue	$45.81M	$66.41M	$7.410M	$2.341M	$806.0K	$92.00K
Gross Profit	-$1.290M	-$30.03M	-$2.362M	$300.0K	$341.0K	$216.0K
Gross Profit Margin	-2.9%	-82.55%	-46.79%	11.36%	29.73%	70.13%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$42.71M	$50.64M	$30.72M	$5.157M	$4.114M	$2.148M
YoY Change	-15.66%	64.87%	495.62%	25.35%	91.53%
% of Gross Profit				1719.0%	1206.45%	994.44%
Research & Development	$19.59M	$30.68M	$20.08M	$7.015M	$362.0K	$1.544M
YoY Change	-36.15%	52.81%	186.2%	1837.85%	-76.55%
% of Gross Profit				2338.33%	106.16%	714.81%
Depreciation & Amortization	$3.314M	$2.100M	$736.0K	$296.0K	$239.0K	$121.0K
YoY Change	57.81%	185.33%	148.65%	23.85%	97.52%
% of Gross Profit				98.67%	70.09%	56.02%
Operating Expenses	$63.68M	$81.32M	$50.79M	$12.17M	$4.715M	$3.813M
YoY Change	-21.7%	60.1%	317.29%	158.15%	23.66%
Operating Profit	-$64.97M	-$111.3M	-$53.16M	-$11.87M	-$4.374M	-$3.597M
YoY Change	-41.66%	109.48%	347.73%	171.42%	21.6%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	-$11.75M	$14.18M	$18.54M	-$4.795M	-$559.0K	-$351.0K
YoY Change	-182.82%	-23.48%	-486.57%	757.78%	59.26%
% of Operating Profit
Other Income/Expense, Net	$1.690M	-$4.835M	$38.00K	-$3.285M
YoY Change	-134.95%	-12823.68%	-101.16%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$75.82M	-$73.32M	$23.40M	-$16.67M	-$4.933M	-$3.948M
YoY Change	3.42%	-413.28%	-240.42%	237.87%	24.95%
Income Tax	$21.00K	$8.000K	$2.000K	$0.00
% Of Pretax Income			0.01%
Net Earnings	-$75.84M	-$73.33M	$23.40M	-$16.67M	-$4.933M	-$3.948M
YoY Change	3.43%	-413.34%	-240.4%	237.87%	24.95%
Net Earnings / Revenue	-170.35%	-201.58%	463.57%	-631.09%	-430.08%	-1281.82%
Basic Earnings Per Share	-$13.11	-$0.44	$0.22	-$0.23
Diluted Earnings Per Share	-$13.11	-$0.44	$0.22	-$0.23	-$30.42K	-$24.34K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$11.64M	$86.28M	$113.6M	$10.36M	$19.00K	$860.0K
YoY Change	-86.51%	-24.06%	996.83%	54421.05%	-97.79%
Cash & Equivalents	$11.64M	$35.63M	$16.14M	$10.36M	$19.00K	$860.0K
Short-Term Investments	$0.00	$50.65M	$97.48M
Other Short-Term Assets	$6.259M	$11.14M	$18.10M	$56.00K	$16.00K	$0.00
YoY Change	-43.84%	-38.43%	32223.21%	250.0%
Inventory	$37.84M	$57.54M	$30.88M	$1.867M	$1.569M	$317.0K
Prepaid Expenses
Receivables	$15.95M	$8.238M	$3.353M	$408.0K	$179.0K	$0.00
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$71.70M	$163.2M	$166.0M	$12.69M	$1.783M	$1.177M
YoY Change	-56.07%	-1.66%	1207.79%	611.72%	51.49%
Property, Plant & Equipment	$19.65M	$25.14M	$7.426M	$1.084M	$973.0K	$897.0K
YoY Change	-21.82%	238.49%	585.06%	11.41%	8.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$0.00	$54.82M
YoY Change		-100.0%
Other Assets	$2.338M	$1.599M	$506.0K
YoY Change	46.22%	216.01%
Total Long-Term Assets	$21.99M	$26.74M	$62.75M	$1.084M	$973.0K	$897.0K
YoY Change	-17.75%	-57.39%	5688.56%	11.41%	8.47%
Total Assets	$93.68M	$189.9M	$228.7M	$13.77M	$2.756M	$2.074M
YoY Change
Accounts Payable	$2.756M	$2.896M	$10.12M	$1.168M	$1.478M	$719.0K
YoY Change	-4.83%	-71.39%	766.61%	-20.97%	105.56%
Accrued Expenses	$9.099M	$9.312M	$3.997M	$2.921M	$1.238M	$465.0K
YoY Change	-2.29%	132.97%	36.84%	135.95%	166.24%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.005M	$26.85M	$482.0K	$18.50M	$1.081M	$70.00K
YoY Change	-92.53%	5470.33%	-97.39%	1611.56%	1444.29%
Total Short-Term Liabilities	$19.57M	$45.77M	$15.98M	$32.94M	$6.010M	$1.352M
YoY Change	-57.23%	186.34%	-51.48%	448.14%	344.53%
Long-Term Debt	$21.39M	$30.87M	$1.594M	$166.0K	$6.590M	$6.185M
YoY Change	-30.7%	1836.64%	860.24%	-97.48%	6.55%
Other Long-Term Liabilities	$7.523M	$1.225M	$36.74M	$0.00	$690.0K	$427.0K
YoY Change	514.12%	-96.67%		-100.0%	61.59%
Total Long-Term Liabilities	$28.92M	$32.10M	$38.33M	$166.0K	$7.280M	$6.612M
YoY Change	-9.91%	-16.27%	22990.36%	-97.72%	10.1%
Total Liabilities	$48.49M	$77.86M	$54.31M	$33.11M	$13.29M	$7.964M
YoY Change	-37.72%	43.36%	64.04%	149.13%	66.88%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	5.787M shares	165.3M shares	105.6M shares	72.03M shares
Diluted Shares Outstanding	5.787M shares	174.4M shares	107.8M shares	72.03M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $38.098 Million

About Xos Inc

Xos, Inc. is an electric mobility company engaged in manufacturing electric trucks. The company is headquartered in Los Angeles, California and currently employs 161 full-time employees. The company went IPO on 2020-07-10. The firm is an electric truck manufacturer and fleet electrification services provider for battery-electric fleets. The company designs and manufactures Class 5-8 battery-electric commercial vehicles that travel on last-mile, back-to-base routes of up to 200 miles per day. The company also offers charging infrastructure products and services through Xos Energy Solutions to support electric vehicle fleets. The Company’s proprietary fleet management software, Xosphere, integrates vehicle operation and vehicle charging to provide commercial fleet operators vehicle ownership experience than traditional internal combustion engine counterparts. The company has developed the X-Platform (its proprietary, purpose-built vehicle chassis platform) and the X-Pack (its proprietary battery system) specifically for the medium- and heavy-duty commercial vehicle segment with a focus on last-mile commercial fleet operations. Its MD X-Platform include Commercial Stepvans and Armored Trucks.

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