Polestar Automotive Holding UK PLC
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.03B | $2.37B | $2.44B | $1.34B | $610.2M |
| Cost of Revenue | $2.91B | $2.78B | $2.34B | $1.33B | $553.7M |
| Gross Profit | $-876.2M | $-410.1M | $101.1M | $11.1M | $56.5M |
| Gross Margin | -43.1% | -17.3% | 4.1% | 0.8% | 9.3% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — |
| Operating Income | $-1.81B | $-1.47B | $-1.29B | $-960.6M | $-471.3M |
| Operating Margin | -89.1% | -62.1% | -52.7% | -71.5% | -77.2% |
| Interest Expense | — | — | — | — | — |
| Pretax Income | $-2.06B | $-1.19B | $-449.3M | $-972.9M | $-471.3M |
| Income Tax Expense | $-9.2M | $-9.5M | $29.8M | $-3.1M | $13.5M |
| Net Income | $-2.05B | $-1.18B | $-479.0M | $-969.8M | $-484.9M |
| Net Margin | -100.8% | -49.9% | -19.6% | -72.2% | -79.5% |
| EPS (Basic) | $-0.97 | $-0.56 | $-0.24 | $-0.51 | $-0.29 |
| EPS (Diluted) | $-0.97 | $-0.56 | $-0.24 | $-0.51 | $-0.29 |
| Shares Outstanding (Basic) | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — |