Financial Snapshot

Revenue
$730.5M
TTM
Gross Margin
-134.0%
TTM
Net Earnings
-$2.970B
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
370.57%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.744B
Q3 2024
Cash
Q3 2024
P/E
-2.129
Nov 29, 2024 EST
Free Cash Flow
-$2.826B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $595.3M $608.2M $27.11M $3.976M $4.590M
YoY Change -2.12% 2143.3% 581.87% -13.38%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $595.3M $608.2M $27.11M $3.976M $4.590M
Cost Of Revenue $1.936B $1.646B $154.9M $3.070M $3.926M
Gross Profit -$1.341B -$1.038B -$127.8M $906.0K $664.0K
Gross Profit Margin -225.24% -170.66% -471.34% 22.79% 14.47%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $797.2M $734.6M $652.5M $89.02M $38.38M
YoY Change 8.53% 12.58% 632.93% 131.98%
% of Gross Profit 9825.94% 5779.37%
Research & Development $937.0M $821.5M $750.2M $511.1M $220.2M
YoY Change 14.06% 9.51% 46.78% 132.09%
% of Gross Profit 56413.91% 33166.11%
Depreciation & Amortization $233.5M $186.6M $62.91M $10.20M $3.800M
YoY Change 25.16% 196.6% 516.74% 168.42%
% of Gross Profit 1125.83% 572.29%
Operating Expenses $1.734B $1.556B $1.403B $600.1M $258.6M
YoY Change 11.45% 10.94% 133.72% 132.07%
Operating Profit -$3.100B -$2.594B -$1.530B -$599.2M -$257.9M
YoY Change 19.49% 69.49% 155.4% 132.32%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $24.92M $30.60M $1.374M $64.00K $8.547M
YoY Change -18.57% 2126.78% 2046.88% -99.25%
% of Operating Profit
Other Income/Expense, Net $272.2M $1.290B -$1.049B -$120.3M -$19.40M
YoY Change -78.9% -222.93% 771.91% 520.31%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$2.827B -$1.304B -$2.580B -$719.6M -$277.3M
YoY Change 116.81% -49.45% 258.51% 159.46%
Income Tax $1.026M $379.0K $49.00K -$188.0K $23.00K
% Of Pretax Income
Net Earnings -$2.828B -$1.304B -$2.580B -$719.4M -$277.4M
YoY Change 116.83% -49.43% 258.61% 159.37%
Net Earnings / Revenue -475.15% -214.49% -9515.55% -18093.06% -6042.64%
Basic Earnings Per Share -$1.36 -$0.78 -$6.41 -$28.42 -$13.08
Diluted Earnings Per Share -$1.36 -$1.51 -$6.41 -$28.42 -$13.08

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $3.860B $3.913B $6.263B $614.9M $352.2M
YoY Change -1.36% -37.52% 918.5% 74.6%
Cash & Equivalents $1.370B $1.736B $6.263B $614.4M $351.7M
Short-Term Investments $2.490B $2.177B $0.00 $505.0K $505.0K
Other Short-Term Assets $149.4M $145.1M $113.7M $46.34M $69.96M
YoY Change 2.94% 27.64% 145.33% -33.76%
Inventory $696.2M $834.4M $127.3M $1.043M $684.0K
Prepaid Expenses
Receivables $51.82M $19.54M $3.148M $260.0K $408.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $4.757B $4.912B $6.507B $662.6M $423.2M
YoY Change -3.15% -24.51% 882.1% 56.55%
Property, Plant & Equipment $3.032B $2.382B $1.344B $713.3M $142.8M
YoY Change 27.31% 77.21% 88.44% 399.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $461.0M $530.0M
YoY Change -13.01%
Other Assets $262.2M $55.30M $30.61M $26.85M $13.55M
YoY Change 374.07% 80.67% 14.0% 98.12%
Total Long-Term Assets $3.756B $2.967B $1.375B $740.1M $156.4M
YoY Change 26.57% 115.84% 85.74% 373.33%
Total Assets $8.513B $7.879B $7.882B $1.403B $579.6M
YoY Change
Accounts Payable $108.7M $229.1M $41.34M $17.33M $12.66M
YoY Change -52.54% 454.12% 138.52% 36.95%
Accrued Expenses $92.49M $63.32M $43.42M $162.3M $49.03M
YoY Change 46.07% 45.84% -73.24% 230.99%
Deferred Revenue
YoY Change
Short-Term Debt $72.53M $9.595M $15.28M $980.0K $0.00
YoY Change 655.95% -37.21% 1459.29%
Long-Term Debt Due $8.202M $10.59M $4.183M
YoY Change -22.52% 153.07%
Total Short-Term Liabilities $1.008B $937.6M $396.1M $185.3M $96.70M
YoY Change 7.56% 136.7% 113.78% 91.6%
Long-Term Debt $2.075B $2.073B $1.993B $1.996M $244.0K
YoY Change 0.07% 4.03% 99743.39% 718.03%
Other Long-Term Liabilities $578.0M $518.8M $1.583B $40.10M $29.73M
YoY Change 11.41% -67.23% 3848.29% 34.91%
Total Long-Term Liabilities $2.653B $2.592B $3.576B $42.10M $29.97M
YoY Change 2.34% -27.52% 8394.87% 40.47%
Total Liabilities $3.661B $3.530B $3.972B $227.4M $126.7M
YoY Change 3.73% -11.15% 1647.0% 79.5%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 2.082B shares 1.678B shares 740.4M shares 24.83M shares 20.60M shares
Diluted Shares Outstanding 2.082B shares 1.693B shares 740.4M shares 24.83M shares 20.60M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $6.3245 Billion

About Lucid Group, Inc.

Lucid Group, Inc. manufactures electric vehicles. The company is headquartered in Newark California, California and currently employs 6,500 full-time employees. The company went IPO on 2020-07-29. The firm is focused on designing, developing, manufacturing electric vehicles (EV), EV powertrains and battery systems in-house using its own equipment and factories. The company offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. The company also boasts a product roadmap of future vehicle programs and technologies. The company focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. The Lucid Air is manufactured at its greenfield EV manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1 (AMP-1). The company owns and operates a vehicle service network comprised of service centers in metropolitan areas and a fleet of mobile service vehicles.

Industry: Motor Vehicles & Passenger Car Bodies Peers: Workhorse Group Inc. Canoo Inc. Fisker Inc./DE FORD MOTOR CO General Motors Co Rivian Automotive, Inc. / DE Tesla, Inc. THOR INDUSTRIES INC WINNEBAGO INDUSTRIES INC