Canoo Inc - Class A logo

GOEV

Canoo Inc - Class A

$3.78

Earnings Summary

Revenue
$0Mn
Net Profits
$-125.37Mn
Net Profit Margins
-Inf%

Highlights

Revenue:

Canoo Inc - Class A’s revenue jumped NaN% since last year same period to $0Mn in the Q1 2022. On a quarterly growth basis, Canoo Inc - Class A has generated NaN% jump in its revenue since last 3-months.

Net Profits:

Canoo Inc - Class A’s net profit fell -723.32% since last year same period to $-125.37Mn in the Q1 2022. On a quarterly growth basis, Canoo Inc - Class A has generated 9.23% jump in its net profits since last 3-months.

Net Profit Margins:

Canoo Inc - Class A’s net profit margin jumped NaN% since last year same period to -Inf% in the Q1 2022. On a quarterly growth basis, Canoo Inc - Class A has generated NaN% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Canoo Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.53
EPS Estimate Current Year
-0.53

Highlights

EPS Estimate Current Quarter:

Canoo Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.53 - a -6% fall from last quarter’s estimates.

EPS Estimate Current Year:

Canoo Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.53.

Key Ratios

Key ratios of the Canoo Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.54
Return on Assets (ROA)
-0.63
Return on Equity (ROE)
-1.43
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Canoo Inc - Class A’s earning per share (EPS) fell -671.43% since last year same period to -0.54 in the Q1 2022. This indicates that the Canoo Inc - Class A has generated -671.43% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Canoo Inc - Class A’s return on assets (ROA) stands at -0.63.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Canoo Inc - Class A’s return on equity (ROE) stands at -1.43.

Dividend Per Share (DPS):

Canoo Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.5
-0.54
-8%

Company Information

Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first. Distinguished by its experienced team – totaling over 350 employees from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses.

Organisation
Canoo Inc - Class A
Employees
370