The Lion Electric Company

LEV · NYSE
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12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue$253,496$139,914$57,710$23,423
% Growth81.2%142.4%146.4%
Cost of Goods Sold$259,020$152,862$57,665$20,277
Gross Profit-$5,524-$12,947$45$3,145
% Margin-2.2%-9.3%0.1%13.4%
R&D Expenses$5,121$1,549$295$165
G&A Expenses$51,479$44,843$78,423$59,942
SG&A Expenses$71,130$67,817$106,143$75,663
Sales & Mktg Exp.$19,650$22,974$27,720$15,721
Other Operating Expenses$32,304$0$0$0
Operating Expenses$108,554$67,817$106,143$75,663
Operating Income-$114,079-$80,764-$106,097-$72,518
% Margin-45%-57.7%-183.8%-309.6%
Other Income/Exp. Net$10,312$98,540$62,772-$24,834
Pre-Tax Income-$103,766$17,776-$43,325-$97,352
Tax Expense$0$0$0$0
Net Income-$103,766$116,316-$49,873-$101,206
% Margin-40.9%83.1%-86.4%-432.1%
EPS-0.460.6-0.31-0.92
% Growth-176.7%293.5%66.3%
EPS Diluted-0.460.58-0.31-0.92
Weighted Avg Shares Out224,311193,114162,245110,551
Weighted Avg Shares Out Dil224,311200,592162,245110,551
Supplemental Information
Interest Income$763$0$0$109
Interest Expense$18,655$3,137$8,332$3,855
Depreciation & Amortization$26,075$11,492$5,544$2,696
EBITDA-$62,789$29,916-$31,234-$90,801
% Margin-24.8%21.4%-54.1%-387.7%