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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 234M | 17.2% |
| Gross Profit | -209M | 1.8% |
| Cost of Revenue | 443M | 7.4% |
| Operating expense | 525M | 6.1% |
| Net Income | -397M | 60% |
| EBITDA | -732M | 4.9% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 9.65B | 13.6% |
| Total Liabilities | 4.48B | 5.7% |
| Total Equity | 3.87B | 44.3% |
| Shares Outstanding | 3.03B | 29.7% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | -533M | 15.2% |
| Cash from investing | -1.58B | 658.4% |
| Cash from financing | 1.83B | 154.6% |
EPS
Financial Highlights for Lucid Motors in Q4 '24
Lucid Motors reported a revenue of 234M, which is a 17.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at -209M, marking a 1.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 443M, a 7.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 525M, showing a -6.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -397M, showing a 60% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -732M, showing a 4.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Lucid Motors with growth in revenue, gross profit, and net income.
