Company logo

GOEV - Canoo Inc.

NASDAQ -> Consumer Cyclical -> Auto Manufacturers
Torrance, United States
Type: Equity

GOEV price evolution
GOEV
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Jan 2023
Current assets
Cash $12.11 $8.78 $10.44 $40.02
Short term investments $2.21
Net receivables
Inventory $5.68 $5.31 $5.11 $2.95
Total current assets $32.79 $25.5 $27 $52.32
Long term investments $10.6 $10.6 $10.6 $10.6
Property, plant & equipment $405.62 $400.56 $367.69 $350.73
Goodwill & intangible assets
Total noncurrent assets $501.56 $496.59 $461.12 $444.15
Total investments $12.8 $10.6 $10.6 $10.6
Total assets $534.35 $522.1 $488.12 $496.47
Current liabilities
Accounts payable $78.05 $84.42 $88.83 $103.19
Deferred revenue
Short long term debt $45.65 $32.61 $34.83
Total current liabilities $187.64 $202.36 $174.78 $218.28
Long term debt $105.23 $61.27 $38.08 $38.61
Total noncurrent liabilities $181.06 $86.99 $61.58 $41.62
Total debt $150.88 $93.89 $38.08 $73.44
Total liabilities $368.69 $289.35 $236.36 $259.9
Shareholders' equity
Retained earnings -$1453.4 -$1341.42 -$1270.56 -$1179.82
Other shareholder equity
Total shareholder equity $165.65 $232.75 $251.75 $236.57
(in millions $) 31 Jan 2023 31 Dec 2021 31 Dec 2020 31 Dec 2019
Current assets
Cash $40.02 $227.49 $702.42 $1.12
Short term investments
Net receivables
Inventory $2.95
Total current assets $52.32 $291.31 $708.88 $1.17
Long term investments $10.6 $307.34
Property, plant & equipment $350.73 $216.54 $43.34 $26.01
Goodwill & intangible assets
Total noncurrent assets $444.15 $231.77 $44.59 $307.34
Total investments $10.6 $307.34
Total assets $496.47 $523.07 $753.47 $308.51
Current liabilities
Accounts payable $103.19 $52.27 $17.24 $0.05
Deferred revenue
Short long term debt $34.83
Total current liabilities $218.28 $136.19 $27.87 $2.28
Long term debt $38.61 $13.83 $20.2 $86.05
Total noncurrent liabilities $41.62 $42.88 $153.75 $10.18
Total debt $73.44 $13.83 $20.2 $100.13
Total liabilities $259.9 $179.07 $181.62 $12.46
Shareholders' equity
Retained earnings -$1179.82 -$692.13 -$348.49 $1.16
Other shareholder equity
Total shareholder equity $236.57 $344 $571.86 $5
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Revenue
Total revenue $0.52
Cost of revenue $0.9
Gross Profit -$0.38
Operating activities
Research & development $21.96 $38.58 $47.1 $44.21
Selling, general & administrative $24.93 $30.42 $29.85 $36.43
Total operating expenses $48.38 $73.56 $81.53 $83.17
Operating income -$48.77 -$73.56 -$81.53 -$83.17
Income from continuing operations
EBIT -$107.78 -$68.61 -$90.44 -$80.17
Income tax expense
Interest expense $4.2 $2.26 $0.3 $0.06
Net income
Net income -$111.97 -$70.87 -$90.73 -$80.23
Income (for common shares) -$111.97 -$70.87 -$90.73 -$80.23
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Revenue
Total revenue $2.55
Cost of revenue $0.67
Gross Profit $1.88
Operating activities
Research & development $299.22 $246.25 $142.86
Selling, general & administrative $196.03 $194.74 $51.61 $3.25
Total operating expenses $506.8 $449.9 $201.6 $3.25
Operating income -$506.8 -$449.9 -$199.72 -$3.25
Income from continuing operations
EBIT -$485.44 -$346.87 -$79.34 $2.27
Income tax expense $0 $1.11
Interest expense $2.25 -$0.1 $10.48 $9.52
Net income
Net income -$487.69 -$346.77 -$89.82 $1.16
Income (for common shares) -$487.69 -$346.77 -$89.82 $1.16
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Net income -$111.97 -$70.87 -$90.73 -$80.23
Operating activities
Depreciation $2.34 $5.4 $5.4 $3.37
Business acquisitions & disposals
Stock-based compensation $6.91 $6.71 $9.84 $18.59
Total cash flows from operations -$61.89 -$62.33 -$67.22 -$70.61
Investing activities
Capital expenditures -$11.47 -$15.47 -$18.43 -$8.45
Investments
Total cash flows from investing -$11.47 -$15.47 -$18.43 -$8.45
Financing activities
Dividends paid
Sale and purchase of stock $3.23 $31.37 $51.35 $59.69
Net borrowings $73.43 $44.91 $5 $52
Total cash flows from financing $76.69 $76.14 $56.08 $109.16
Effect of exchange rate
Change in cash and equivalents $3.33 -$1.66 -$29.57 $30.09
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net income -$487.69 -$346.77 -$89.82 $1.16
Operating activities
Depreciation $13.91 $9.97 $7.76
Business acquisitions & disposals $30.44 -$26.13
Stock-based compensation $79.57 $108.36 $84.28
Total cash flows from operations -$400.48 -$300.82 -$107.05 -$2.13
Investing activities
Capital expenditures -$97.27 -$136.59 -$7.56
Investments -$301.81
Total cash flows from investing -$66.83 -$162.73 -$7.56 -$301.81
Financing activities
Dividends paid
Sale and purchase of stock $144.68 -$0.02 $606.24 $300.15
Net borrowings $141.1 -$6.94 $97.02 -$0.09
Total cash flows from financing $290.43 -$11.39 $787.53 $305.07
Effect of exchange rate
Change in cash and equivalents -$176.88 -$474.93 $672.91 $1.12
Fundamentals
Market cap $2.12B
Enterprise value $2.25B
Shares outstanding 650.95M
Revenue $519.00K
EBITDA -$330.48M
EBIT -$346.99M
Net Income -$353.81M
Revenue Q/Q InfinityT%
Revenue Y/Y N/A
P/E ratio -5.98
EV/Sales 4.34K
EV/EBITDA -6.82
EV/EBIT -6.50
P/S ratio 4.08K
P/B ratio 12.77
Book/Share 0.25
Cash/Share 0.02
EPS -$0.54
ROA -69.34%
ROE -159.60%
Debt/Equity 1.10
Net debt/EBITDA -1.08
Current ratio 0.17
Quick ratio 0.14