share_log

8-K: CANOO INC. ANNOUNCES THIRD QUARTER 2024 RESULTS

8-K: CANOO INC. ANNOUNCES THIRD QUARTER 2024 RESULTS

8-K:CANOO INC.公布 2024 年第三季度业绩
美股SEC公告 ·  2024/11/14 05:58

Moomoo AI 已提取核心信息

Canoo Inc. reported Q3 2024 revenue of $0.9 million and year-to-date revenue of $1.50 million. The company's quarterly Adjusted EBITDA was $(37.7) million, showing a 2% improvement versus Q3 2023. Cash outflow decreased to $31.3 million in Q3, a 20.7% reduction from Q2 2024 and 58.6% from Q3 2023.The company is consolidating operations from California to Texas and Oklahoma, expecting annual savings of $12-14 million. Key developments include achieving final activation of Oklahoma City facility Foreign Trade Zone, launching UK commercial operations, and commencing first pilot with a major UK fleet operator.As of September 30, 2024, Canoo had cash and restricted cash of $16 million. The company reported GAAP net income of $3 million for Q3, including a $62 million gain on warrant and derivative liability fair value changes. For Q4 2024, Canoo projects cash outflow of $30-40 million and Adjusted EBITDA of $(30-35) million.
Canoo Inc. reported Q3 2024 revenue of $0.9 million and year-to-date revenue of $1.50 million. The company's quarterly Adjusted EBITDA was $(37.7) million, showing a 2% improvement versus Q3 2023. Cash outflow decreased to $31.3 million in Q3, a 20.7% reduction from Q2 2024 and 58.6% from Q3 2023.The company is consolidating operations from California to Texas and Oklahoma, expecting annual savings of $12-14 million. Key developments include achieving final activation of Oklahoma City facility Foreign Trade Zone, launching UK commercial operations, and commencing first pilot with a major UK fleet operator.As of September 30, 2024, Canoo had cash and restricted cash of $16 million. The company reported GAAP net income of $3 million for Q3, including a $62 million gain on warrant and derivative liability fair value changes. For Q4 2024, Canoo projects cash outflow of $30-40 million and Adjusted EBITDA of $(30-35) million.
Canoo Inc. 报告了 2024 年第三季度的营业收入为 90 万美元,年初至今的营业收入为 150 万美元。公司的季度调整后息税折旧摊销前利润(EBITDA)为(37.7)百万美元,较 2023 年第三季度提高了 2%。第三季度现金流出减少至 3130 万美元,比 2024 年第二季度减少了 20.7%,比 2023 年第三季度减少了 58.6%。公司正在将运营从加利福尼亚州整合到德克萨斯州和俄克拉荷马州,预计年节省为 1200-1400 万美元。主要发展包括实现了俄克拉荷马城设施外贸区的最终启用,启动了英国商业运营,并与一家主要的英国车队运营商开始了首个试点项目。截至 2024 年 ...展开全部
Canoo Inc. 报告了 2024 年第三季度的营业收入为 90 万美元,年初至今的营业收入为 150 万美元。公司的季度调整后息税折旧摊销前利润(EBITDA)为(37.7)百万美元,较 2023 年第三季度提高了 2%。第三季度现金流出减少至 3130 万美元,比 2024 年第二季度减少了 20.7%,比 2023 年第三季度减少了 58.6%。公司正在将运营从加利福尼亚州整合到德克萨斯州和俄克拉荷马州,预计年节省为 1200-1400 万美元。主要发展包括实现了俄克拉荷马城设施外贸区的最终启用,启动了英国商业运营,并与一家主要的英国车队运营商开始了首个试点项目。截至 2024 年 9 月 30 日,Canoo 公司的现金及限制现金为 1600 万美元。公司报告了 2024 年第三季度的 GAAP 净利润为 300 万美元,包含 6200 万美元的认股权证和衍生负债公允价值变动收益。对于 2024 年第四季度,Canoo 预计现金流出为 3000-4000 万美元,调整后的 EBITDA 为(30-35)百万美元。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息