PHOENIX MOTOR INC. (PEVM)

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CIK 0001879848 · OTC · Truck & Bus Bodies

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

In fiscal 2024, PHOENIX MOTOR INC. reported revenue of $31.15M, up 897.9% from the prior year. The company was profitable, with a net margin of 25.5% and a gross margin of 22.6%. It held $57.58M in total assets against $47.26M in total liabilities.

Key ratios (FY2024)

22.6%
Gross margin
-99.4%
Operating margin
25.5%
Net margin
76.9%
Return on equity
+897.9%
Revenue growth (YoY)
Metric (FY)20242023202220212020
Revenue$31.15M$3.12M$4.33M$2.98M
Cost of Revenue$24.10M$3.40M$3.51M$3.54M
Gross Profit$7.05M-$276.0K$820.0K-$563.0K
Operating Income-$30.97M-$20.51M-$13.15M-$14.31M
Net Income$7.93M-$20.64M-$12.71M-$14.61M
EPS (Diluted)$0.21$-0.97$-0.65$-0.84
Total Assets$57.58M$11.64M$20.44M$15.44M
Total Liabilities$47.26M$16.48M$8.16M$5.21M
Shareholders' Equity$10.32M-$4.84M$12.28M$10.23M$24.79M
Cash & Equivalents$764.0K$31.0K$139.0K$2.68M
Operating Cash Flow-$1.95M-$3.65M-$14.87M-$12.94M
Capital Expenditures$113.0K$93.0K$1.28M$638.0K
Shares Outstanding42.67M21.90M20.28M17.50M