Electrameccanica Vehicles Corp. (SOLO) Financials

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$0.21

north_east NA Past Year
Day's range
$0.21
Day's range
$0.22

SOLO Income statement / Annual

Last year (2022), Electrameccanica Vehicles Corp.'s total revenue was $608,429.00, a decrease of 91.07% from the previous year. In 2022, Electrameccanica Vehicles Corp.'s net income was -$57.58 M. See Electrameccanica Vehicles Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $608,429.00 $6.81 M $2.10 M $568,521.00 $446,068.71 $451,680.68 $68,258.38 $0.00 $0.00
Cost of Revenue $1.55 M $33.07 M $4.33 M $699,455.00 $371,680.11 $334,225.64 $39,983.09 $0.00 $0.00
Gross Profit -$941,192.00 -$26.26 M -$2.23 M -$130,934.00 $74,388.60 $117,455.04 $28,275.29 $0.00 $0.00
Gross Profit Ratio -1.55 -3.85 -1.06 -0.23 0.17 0.26 0.41 0 0
Research and Development Expenses $9.15 M $22.03 M $17.09 M $7.85 M $5.47 M $3.23 M $2.77 M $1.53 M $253,211.05
General & Administrative Expenses $32.45 M $39.76 M $26.81 M $15.09 M $8.69 M $5.71 M $2.72 M $3.26 M $253,250.75
Selling & Marketing Expenses $2.96 M $14.66 M $10.41 M $2.53 M $1.00 M $805,912.06 $394,761.23 $115,267.06 $10,241.62
Selling, General & Administrative Expenses $35.41 M $54.42 M $37.22 M $17.62 M $9.70 M $6.52 M $3.11 M $3.38 M $263,492.37
Other Expenses -$2.13 M -$15.74 M $4.09 M $1.53 M $613,432.35 $161,903.43 $77,612.19 $12,418.62 $327.17
Operating Expenses $44.57 M $76.45 M $58.40 M $27.00 M $15.78 M $9.91 M $5.96 M $4.92 M $517,031.11
Cost And Expenses $46.12 M $109.52 M $62.73 M $27.70 M $16.15 M $10.25 M $6.00 M $4.92 M $517,031.11
Interest Income $4.91 M $2.30 M $270,419.00 $169,707.00 $57,195.36 $0.00 $0.00 $0.00 $0.00
Interest Expense $0.00 $28.49 M $0.00 $0.00 $0.00 $0.00 $43,492.04 $14,257.49 $47.85
Depreciation & Amortization $3.45 M $20.94 M -$14.61 M $1.60 M $722,057.95 $161,903.43 $77,612.19 $12,418.62 $327.17
EBITDA -$27.21 M -$89.36 M -$75.41 M $10.84 M -$14.98 M -$9.63 M -$6.02 M -$4.91 M -$516,704.23
EBITDA Ratio -44.73 -13.12 -35.89 19.07 -33.59 -21.33 -88.15 0 0
Operating Income Ratio -90.4 -16.19 -28.94 16.25 -35.21 -21.69 -86.92 0 0
Total Other Income/Expenses Net -$12.07 M -$13.38 M $16.96 M -$35.87 M -$3.30 M $3.85 M -$1.17 M -$2,981.10 -$946.14
Income Before Tax -$57.58 M -$123.67 M -$41.33 M -$63.08 M -$17.74 M -$5.83 M -$7.11 M -$4.94 M -$517,977.54
Income Before Tax Ratio -94.64 -18.15 -19.67 -110.95 -39.76 -12.92 -104.11 0 0
Income Tax Expense $1,000.00 $23,554.00 $850.00 -$32,552.00 -$60,255.68 -$968.67 $43,492.04 $14,257.49 $47.85
Net Income -$57.58 M -$123.70 M -$41.33 M -$63.05 M -$17.68 M -$5.83 M -$7.11 M -$4.94 M -$517,977.54
Net Income Ratio -94.64 -18.16 -19.67 -110.9 -39.63 -12.91 -104.11 0 0
EPS -0.48 -1.04 -0.37 -1.08 -0.48819 -0.22161 -0.32236 -0.2293 -0.02425248
EPS Diluted -0.48 -1.04 -0.37 -1.08 -0.48819 -0.22161 -0.32236 -0.2293 -0.02425248
Weighted Average Shares Out $119.29 M $118.74 M $111.72 M $58.35 M $36.00 M $26.58 M $21.82 M $21.36 M $21.36 M
Weighted Average Shares Out Diluted $119.29 M $118.74 M $111.72 M $58.35 M $36.00 M $26.58 M $21.82 M $21.36 M $21.36 M
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