Lucid Group Inc (LCID)

Consumer Cyclical | Auto Manufacturers
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 235,048,000 234,473,000 200,038,000 200,581,000
Cost of Revenue 463,560,000 443,248,000 412,544,000 470,355,000
Gross Profit -228,512,000 -208,775,000 -212,506,000 -269,774,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 212,175,000 243,890,000 233,585,000 210,245,000
Operating Expenses 463,421,000 524,175,000 558,032,000 517,643,000
Operating Income -691,933,000 -732,950,000 -770,538,000 -787,417,000
Interest Expense 11,883,000 10,271,000 8,478,000 6,673,000
Income Before Tax -367,534,000 -396,629,000 -991,988,000 -643,455,000
Income Tax Expense -1,363,000 589,000 487,000 -65,000
Net Income -366,171,000 -397,218,000 -992,475,000 -643,390,000
Per Share
EPS -0.24 -0.22 -0.41 -0.34
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 807,832,000 595,271,000 608,181,000 27,111,000 3,976,000
Cost of Revenue 1,730,943,000 1,936,066,000 1,646,086,000 154,897,000 3,070,000
Gross Profit -923,111,000 -1,340,795,000 -1,037,905,000 -127,786,000 906,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 900,952,000 797,235,000 734,574,000 652,475,000 89,023,000
Operating Expenses 2,097,709,000 1,758,793,000 1,556,086,000 1,402,660,000 600,133,000
Operating Income -3,020,820,000 -3,099,588,000 -2,593,991,000 -1,530,446,000 -599,227,000
Interest Expense 32,923,000 24,915,000 30,596,000 1,374,000 64,000
Income Before Tax -2,712,743,000 -2,827,394,000 -1,304,081,000 -2,579,712,000 -719,568,000
Income Tax Expense 1,199,000 1,026,000 379,000 49,000 -188,000
Net Income -2,713,942,000 -2,828,420,000 -1,304,460,000 -2,579,761,000 -719,380,000
Per Share
EPS -1.25 -1.36 -0.78 -3.48 -0.44
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 1,606,865,000 1,369,947,000 1,735,765,000 6,262,905,000
Short Term Investments 2,484,103,000 2,489,798,000 2,177,231,000 0
Net Receivables 112,025,000 51,822,000 19,542,000 3,148,000
Inventory 407,774,000 696,236,000 834,401,000 127,250,000
Total Current Assets 4,873,936,000 4,757,155,000 4,912,028,000 6,506,977,000
Property Plant Equipment 3,474,498,000 3,032,375,000 2,381,936,000 1,344,127,000
Goodwill and Intangibles 0 0 0 0
Total Assets 9,647,931,000 8,512,718,000 7,879,238,000 7,881,713,000
Liabilities
Account Payables 133,832,000 108,724,000 229,084,000 41,342,000
Short Term Debt 126,417,000 109,166,000 10,586,000 30,520,000
Total Current Liabilities 1,165,291,000 1,008,410,000 937,559,000 396,101,000
Long Term Debt 2,308,082,000 2,318,735,000 2,073,176,000 2,178,197,000
Total Liabilities 4,475,277,000 3,661,026,000 3,529,537,000 3,972,358,000
Shareholders Equity
Retained Earnings -12,912,694,000 -10,198,752,000 -7,370,332,000 -6,065,872,000
Total Shareholders Equity 3,872,812,000 4,851,692,000 4,349,701,000 3,909,355,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 1,606,865,000 1,369,947,000 1,735,765,000 6,262,905,000 614,412,000
Short Term Investments 2,484,103,000 2,489,798,000 2,177,231,000 0 505,000
Net Receivables 112,025,000 51,822,000 19,542,000 3,148,000 260,000
Inventory 407,774,000 696,236,000 834,401,000 127,250,000 1,043,000
Total Current Assets 4,873,936,000 4,757,155,000 4,912,028,000 6,506,977,000 662,556,000
Property Plant Equipment 3,474,498,000 3,032,375,000 2,381,936,000 1,344,127,000 713,274,000
Goodwill and Intangibles 0 0 0 0 0
Total Assets 9,647,931,000 8,512,718,000 7,879,238,000 7,881,713,000 1,402,681,000
Liabilities
Account Payables 133,832,000 108,724,000 229,084,000 41,342,000 17,333,000
Short Term Debt 126,417,000 109,166,000 10,586,000 30,520,000 980,000
Total Current Liabilities 1,165,291,000 1,008,410,000 937,559,000 396,101,000 185,283,000
Long Term Debt 2,308,082,000 2,318,735,000 2,073,176,000 2,178,197,000 0
Total Liabilities 4,475,277,000 3,661,026,000 3,529,537,000 3,972,358,000 227,382,000
Shareholders Equity
Retained Earnings -12,912,694,000 -10,198,752,000 -7,370,332,000 -6,065,872,000 -1,356,893,000
Total Shareholders Equity 3,872,812,000 4,851,692,000 4,349,701,000 3,909,355,000 1,175,299,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income -2,713,942,000 -2,828,420,000 -1,304,460,000 -2,579,761,000
Depreciation & Amortization 295,337,000 259,732,000 186,583,000 62,907,000
Stock Based Compensation 285,872,000 257,283,000 423,500,000 516,757,000
Change in Working Capital -324,035,000 -959,772,000 -892,131,000 -182,528,000
Operating Cash Flow -2,019,674,000 -2,489,753,000 -2,226,258,000 -1,058,133,000
Investing Activities
Capital Expenditure -883,841,000 -910,644,000 -1,074,852,000 -421,220,000
Investments -883,841,000 -910,644,000 -1,074,852,000 -421,220,000
Investing Cash Flow -1,294,454,000 -946,975,000 -3,681,677,000 -420,693,000
Financing Activities
Debt Repayment 50,822,000 -57,486,000 -40,530,000 -30,975,000
Common Stock Issued/Repurchased 1,744,017,000 3,013,429,000 1,290,528,000 -42,779,000
Dividends Paid 0 0 0 0
Financing Cash Flow 3,555,917,000 3,070,915,000 1,347,235,000 7,136,428,000
Summary
Free Cash Flow -2,903,515,000 -3,400,397,000 -3,301,110,000 -1,479,353,000
Net Change in Cash 235,545,000 -365,813,000 -4,560,700,000 5,657,602,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income -2,713,942,000 -2,828,420,000 -1,304,460,000 -2,579,761,000 -719,380,000
Depreciation & Amortization 295,337,000 259,732,000 186,583,000 62,907,000 10,217,000
Stock Based Compensation 285,872,000 257,283,000 423,500,000 516,757,000 4,614,000
Change in Working Capital -324,035,000 -959,772,000 -892,131,000 -182,528,000 14,627,000
Operating Cash Flow -2,019,674,000 -2,489,753,000 -2,226,258,000 -1,058,133,000 -570,196,000
Investing Activities
Capital Expenditure -883,841,000 -910,644,000 -1,074,852,000 -421,220,000 -459,582,000
Investments -883,841,000 -910,644,000 -1,074,852,000 -421,220,000 -459,582,000
Investing Cash Flow -1,294,454,000 -946,975,000 -3,681,677,000 -420,693,000 -459,582,000
Financing Activities
Debt Repayment 50,822,000 -57,486,000 -40,530,000 -30,975,000 -364,000
Common Stock Issued/Repurchased 1,744,017,000 3,013,429,000 1,290,528,000 -42,779,000 -12,101,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow 3,555,917,000 3,070,915,000 1,347,235,000 7,136,428,000 1,290,545,000
Summary
Free Cash Flow -2,903,515,000 -3,400,397,000 -3,301,110,000 -1,479,353,000 -1,029,778,000
Net Change in Cash 235,545,000 -365,813,000 -4,560,700,000 5,657,602,000 260,767,000