Financial Snapshot

Revenue
$1.768M
TTM
Gross Margin
-269.12%
TTM
Net Earnings
-$110.8M
TTM
Current Assets
$87.18M
Q1 2024
Current Liabilities
$33.84M
Q1 2024
Current Ratio
257.65%
Q1 2024
Total Assets
$130.2M
Q1 2024
Total Liabilities
$59.90M
Q1 2024
Book Value
$70.34M
Q1 2024
Cash
$53.61M
Q1 2024
P/E
-0.3643
Sep 13, 2024 EST
Free Cash Flow
-$87.41M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $1.608M $0.00 $6.000K $388.0K $681.0K
YoY Change -100.0% -98.45% -43.02%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $1.608M $0.00 $6.000K $388.0K $681.0K
Cost Of Revenue $3.270M $547.0K $995.0K $647.0K $490.0K
Gross Profit -$1.662M -$547.0K -$989.0K -$259.0K $191.0K
Gross Profit Margin -103.36% -16483.33% -66.75% 28.05%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $35.57M $49.20M $262.1M $38.25M $7.178M
YoY Change -27.71% -81.23% 585.18% 432.88%
% of Gross Profit 3758.12%
Research & Development $82.66M $78.23M $252.4M $29.59M $7.038M
YoY Change 5.67% -69.01% 753.1% 320.42%
% of Gross Profit 3684.82%
Depreciation & Amortization $2.255M $1.683M $484.0K $166.0K $82.00K
YoY Change 33.99% 247.73% 191.57% 102.44%
% of Gross Profit 42.93%
Operating Expenses $118.2M $127.4M $514.5M $67.84M $14.22M
YoY Change -7.22% -75.23% 658.42% 377.2%
Operating Profit -$119.9M -$128.0M -$515.5M -$68.10M -$14.03M
YoY Change -6.31% -75.17% 656.99% 385.55%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $3.803M $4.371M $426.0K $382.0K $1.830M
YoY Change -12.99% 926.06% 11.52% -79.13%
% of Operating Profit
Other Income/Expense, Net $521.0K $4.371M $11.02M $3.000K
YoY Change -88.08% -60.34% 367266.67%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$115.6M -$105.7M -$504.0M -$67.71M -$12.20M
YoY Change 9.36% -79.04% 644.39% 455.25%
Income Tax -$1.360M $1.748M $1.281M $0.00 $0.00
% Of Pretax Income
Net Earnings -$114.2M -$107.4M -$505.3M -$67.71M -$12.20M
YoY Change 6.32% -78.74% 646.28% 455.25%
Net Earnings / Revenue -7102.49% -8422166.67% -17451.8% -1790.75%
Basic Earnings Per Share
Diluted Earnings Per Share -$11.32 -$0.37 -$1.591M -$216.1K -$38.92K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $85.63M $153.6M $275.8M $46.37M $27.62M
YoY Change -44.26% -44.29% 494.67% 67.91%
Cash & Equivalents $41.23M $56.76M $275.8M $44.71M $27.62M
Short-Term Investments $44.40M $96.86M $0.00 $1.667M $0.00
Other Short-Term Assets $4.550M $7.472M $6.186M $1.160M $263.0K
YoY Change -39.11% 20.79% 433.28% 341.06%
Inventory $463.0K $0.00 $271.0K $378.0K
Prepaid Expenses
Receivables $455.0K $0.00 $55.00K $35.00K
Other Receivables $2.409M $6.114M $68.00K $121.0K
Total Short-Term Assets $93.50M $165.7M $288.1M $47.93M $28.42M
YoY Change -43.56% -42.49% 501.05% 68.67%
Property, Plant & Equipment $38.52M $43.00M $2.675M $755.0K $283.0K
YoY Change -10.43% 1507.48% 254.3% 166.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.008M $3.001M $1.005M $328.0K $0.00
YoY Change 0.23% 198.61% 206.4%
Total Long-Term Assets $44.40M $49.34M $4.864M $1.083M $283.0K
YoY Change -10.02% 914.35% 349.12% 282.69%
Total Assets $137.9M $215.0M $292.9M $49.01M $28.70M
YoY Change
Accounts Payable $3.703M $6.172M $4.538M $970.0K $541.0K
YoY Change -40.0% 36.01% 367.84% 79.3%
Accrued Expenses $8.692M $8.731M
YoY Change -0.45%
Deferred Revenue
YoY Change
Short-Term Debt $15.02M $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.18M $20.04M $20.56M $3.230M $1.087M
YoY Change 75.56% -2.52% 536.41% 197.15%
Long-Term Debt $4.806M $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $19.84M $19.57M $21.98M $0.00 $0.00
YoY Change 1.4% -10.97%
Total Long-Term Liabilities $24.65M $19.57M $21.98M $0.00 $0.00
YoY Change 25.96% -10.97%
Total Liabilities $59.83M $39.60M $42.53M $3.230M $1.087M
YoY Change 51.06% -6.89% 1216.81% 197.15%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 10.09M shares 293.5M shares 235.6M shares 155.9M shares
Diluted Shares Outstanding 10.09M shares 293.5M shares 235.6M shares 155.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $40.348 Million

About REE Automotive Ltd

REE Automotive Ltd. operates as an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. The company specializes in the field of automotive technology and the production of EV platforms based on REE - REEcorner technology. They are located between the reason and the wheel and use x-by-wire to control full drive-by-wire, brake-by-wire and steer-by-wire.

Industry: Motor Vehicles & Passenger Car Bodies Peers: American Axle & Manufacturing Holdings Inc Solid Power Inc Holley Inc Modine Manufacturing Co Motorcar Parts of America Inc Patrick Industries Inc Spruce Power Holding Corp Stoneridge Inc Standard Motor Products Inc