SOLO - Electrameccanica Vehicles Corp.
NASDAQ
->
Consumer Cyclical
->
Auto Manufacturers
Burnaby,
Canada
Type: Equity
SOLO price evolution
SOLO
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $65.45 | $73.47 | $89.33 | $111.21 |
| Short term investments | ||||
| Net receivables | $0.14 | $0.3 | $0.41 | $0.28 |
| Inventory | $2.37 | $2.81 | $2.79 | $4.29 |
| Total current assets | $70.85 | $80.04 | $97.22 | $130.96 |
| Long term investments | ||||
| Property, plant & equipment | $18.43 | $21.92 | $22.07 | $24.95 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $94.11 | $106.99 | $125.27 | $162.24 |
| Current liabilities | ||||
| Accounts payable | $4.24 | $1.78 | $0.95 | $11.68 |
| Deferred revenue | ||||
| Short long term debt | $1.03 | $1.21 | $1.16 | $1.29 |
| Total current liabilities | $5.3 | $5.07 | $5.2 | $28.91 |
| Long term debt | $15.49 | $15.86 | $16.13 | $17.22 |
| Total noncurrent liabilities | ||||
| Total debt | ||||
| Total liabilities | $21.05 | $21.12 | $21.4 | $46.31 |
| Shareholders' equity | ||||
| Retained earnings | -$330.39 | -$316.78 | -$297.98 | -$285.12 |
| Other shareholder equity | $4.58 | $4.59 | $4.58 | $4.6 |
| Total shareholder equity | $73.06 | $85.87 | $103.87 | $115.93 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $65.45 | $134.26 | $221.93 | $129.45 |
| Short term investments | ||||
| Net receivables | $0.14 | $0.27 | $0.37 | $0.21 |
| Inventory | $2.37 | $4.23 | $3.58 | $0.61 |
| Total current assets | $70.85 | $150.15 | $240.31 | $135.31 |
| Long term investments | ||||
| Property, plant & equipment | $18.43 | $25.48 | $10.12 | $9.29 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $94.11 | $181.25 | $252.85 | $145.75 |
| Current liabilities | ||||
| Accounts payable | $4.24 | $3.79 | $1.25 | $1 |
| Deferred revenue | ||||
| Short long term debt | $1.03 | $0.81 | $1.14 | $0.86 |
| Total current liabilities | $5.3 | $36.2 | $7.85 | $4.56 |
| Long term debt | $15.49 | $17.53 | $1.49 | $0.5 |
| Total noncurrent liabilities | ||||
| Total debt | ||||
| Total liabilities | $21.05 | $53.92 | $9.71 | $23.08 |
| Shareholders' equity | ||||
| Retained earnings | -$330.39 | -$272.81 | -$151.65 | -$110.33 |
| Other shareholder equity | $4.58 | $4.57 | $22.51 | $20.9 |
| Total shareholder equity | $73.06 | $127.33 | $243.14 | $122.68 |
| (in millions $) | 31 Jan 2024 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $0.1 | $0.5 | ||
| Cost of revenue | $1.31 | |||
| Gross Profit | -$0.22 | -$1.2 | $0.1 | |
| Operating activities | ||||
| Research & development | $3.65 | $2.58 | ||
| Selling, general & administrative | $8.68 | $11.22 | ||
| Total operating expenses | $10.67 | $13.63 | $14.21 | |
| Operating income | -$13.53 | -$13.71 | ||
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | $0 | |||
| Interest expense | $1.02 | |||
| Net income | ||||
| Net income | -$13.61 | -$12.87 | -$12.31 | |
| Income (for common shares) | -$12.87 | -$12.31 | ||
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $0.61 | $6.81 | $2.1 | $0.57 |
| Cost of revenue | $7.55 | $33.07 | $4.33 | $0.7 |
| Gross Profit | -$6.94 | -$26.26 | -$2.23 | -$0.13 |
| Operating activities | ||||
| Research & development | $9.15 | $22.03 | $17.09 | $7.85 |
| Selling, general & administrative | $35.41 | $54.42 | $37.22 | $17.62 |
| Total operating expenses | $52.12 | $109.52 | $62.73 | $27.45 |
| Operating income | -$51.51 | -$102.71 | -$60.63 | -$26.89 |
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | $0 | $0.02 | -$0.03 | |
| Interest expense | ||||
| Net income | ||||
| Net income | -$57.58 | -$123.7 | -$41.33 | -$63.05 |
| Income (for common shares) | -$57.58 | -$123.7 | -$41.33 | -$63.05 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$13.61 | -$18.8 | -$12.87 | -$12.31 |
| Operating activities | ||||
| Depreciation | $0.52 | -$0.16 | $1.13 | $0.93 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$10.53 | -$21.8 | -$21.2 | |
| Investing activities | ||||
| Capital expenditures | $0.18 | -$0.02 | -$0.23 | -$0.67 |
| Investments | ||||
| Total cash flows from investing | -$6.02 | $0.06 | -$0.67 | |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | -$0.08 | -$0.02 | ||
| Effect of exchange rate | $0.06 | -$0.02 | -$0.09 | |
| Change in cash and equivalents | -$16.47 | -$21.87 | -$21.85 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$57.58 | -$123.7 | -$41.33 | -$63.05 |
| Operating activities | ||||
| Depreciation | $2.07 | $5.82 | $4.25 | $1.6 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$61.67 | -$84.41 | -$60.42 | -$22.49 |
| Investing activities | ||||
| Capital expenditures | -$0.74 | -$3.4 | -$4.64 | -$1.4 |
| Investments | ||||
| Total cash flows from investing | -$6.45 | -$3.4 | -$4.79 | -$1.4 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.09 | $0.38 | $158.19 | $139.23 |
| Net borrowings | -$0.77 | -$0.49 | ||
| Total cash flows from financing | -$0.09 | $0.38 | $157.68 | $138.93 |
| Effect of exchange rate | -$0.12 | $5.85 | ||
| Change in cash and equivalents | -$87.45 | $92.48 | $120.89 | |
News
Fundamentals
| Market cap | $25.31M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 119.29M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.37 |
| Book/Share | 0.57 |
| Cash/Share | 0.55 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 0.29 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 13.36 |
| Quick ratio | 12.91 |