HomeREE • NASDAQ
Follow
REE Automotive Ltd
Previous close
$5.84
Day range
$5.63 - $6.00
Year range
$2.30 - $13.78
Market cap
79.36M USD
Avg Volume
39.09K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2023info | Y/Y change |
---|---|---|
Revenue | 210.00K | — |
Operating expense | 24.38M | -28.46% |
Net income | -24.14M | 27.83% |
Net profit margin | -11.50K | — |
Earnings per share | -1.99 | 26.30% |
EBITDA | -25.10M | 24.20% |
Effective tax rate | -0.05% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 86.12M | -53.49% |
Total assets | 147.90M | -38.82% |
Total liabilities | 37.99M | -15.29% |
Total equity | 109.91M | — |
Shares outstanding | 10.12M | — |
Price to book | 0.54 | — |
Return on assets | -40.81% | — |
Return on capital | -45.83% | — |
Cash Flow
Net change in cash
(USD) | Sep 2023info | Y/Y change |
---|---|---|
Net income | -24.14M | 27.83% |
Cash from operations | -19.73M | -20.98% |
Cash from investing | 16.39M | 222.02% |
Cash from financing | 612.00K | 158.23% |
Net change in cash | -2.73M | 90.74% |
Free cash flow | -11.36M | -5.47% |
About
REE Automotive, Ltd. is a commercial electric vehicle developer and manufacturer. The company's electric vehicle platform features independent interchangeable corner modules, dubbed REECorners. The corner modules are positioned directly adjacent to each wheel, and they encapsulate all of the vehicle's drive systems such as the motor, inverter, steering, brakes, and suspension. They are controlled electronically, by-wire, allowing for a completely flat platform chassis onto which custom chassis bodies can be attached.
The company operates a research and development center for its corner modules and its vehicle software in Israel, and an engineering and manufacturing center in the United Kingdom. Vehicle assembly, sales, and customer service operations are based in the United States. Wikipedia
CEO
Founded
Jan 16, 2011
Website
Employees
291