Phoenix Motor Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | — | $31.2M | $111.0K | $168.0K | $3.0M |
| Cost of Revenue | — | $24.1M | $3.4M | $3.5M | $3.5M |
| Gross Profit | — | $7.1M | $-276.0K | $820.0K | $-563.0K |
| Gross Margin | — | 22.6% | -248.6% | 488.1% | -18.9% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | — | $33.8M | $14.9M | $14.0M | $13.8M |
| Operating Income | — | $-31.0M | $-20.5M | $-13.2M | $-14.3M |
| Operating Margin | — | -99.4% | -18,473.9% | -7,827.4% | -480.8% |
| Interest Expense | — | $130.0K | $147.0K | — | — |
| Pretax Income | — | $11.4M | $-20.6M | $-12.7M | $-14.6M |
| Income Tax Expense | — | $3.5M | $22.0K | $9.0K | $11.0K |
| Net Income | — | $7.9M | $-20.6M | $-12.7M | $-14.6M |
| Net Margin | — | 25.5% | -18,599.1% | -7,562.5% | -490.9% |
| EPS (Basic) | — | $0.22 | $-0.97 | $-0.65 | $-0.84 |
| EPS (Diluted) | — | $0.21 | $-0.97 | $-0.65 | $-0.84 |
| Shares Outstanding (Basic) | 49.3M | 35.5M | 21.2M | 19.7M | 17.5M |
| Shares Outstanding (Diluted) | 49.3M | 36.6M | 21.2M | 19.7M | 17.5M |
| Dividends Per Share | — | — | — | — | — |