Lilium N.V.

OTCPK:LILM.F 주식 리포트

시가총액: US$6.4m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Lilium 향후 성장

Future 기준 점검 0/6

현재 Lilium 의 성장과 수익을 예측할 만큼 분석가의 범위가 충분하지 않습니다.

핵심 정보

n/a

이익 성장률

n/a

EPS 성장률

Aerospace & Defense 이익 성장18.9%
매출 성장률n/a
향후 자기자본이익률n/a
애널리스트 커버리지

None

마지막 업데이트n/a

최근 향후 성장 업데이트

Recent updates

Seeking Alpha • May 16

Lilium: Not So Dead After All

Summary Lilium has secured additional funding and deals, making it a viable player in the flying taxi space. The company has a long list of orders and a pipeline of 780 units, with plans to enter full production in 2026. Lilium forecasts strong global demand for eVTOLs and an after-service market of $5 billion by 2035, but its current capital position is a concern. Read the full article on Seeking Alpha
분석 기사 • Jul 21

Here's Why We're A Bit Worried About Lilium's (NASDAQ:LILM) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
분석 기사 • Mar 31

We're A Little Worried About Lilium's (NASDAQ:LILM) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Seeking Alpha • Oct 18

Lilium: Call Option On Flying Taxis

Summary Lilium has fallen below $2 after a promising SPAC transaction at $10 last year. The eVTOL manufacturer continues to add to the pre-order backlog and develop their UAM network plans. The stock only has a $500 million market cap, but the company has elevated risk due to limited cash.
분석 기사 • Oct 15

Companies Like Lilium (NASDAQ:LILM) Could Be Quite Risky

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Seeking Alpha • Sep 29

GlobeAir to purchase 12 Lilium Jets

Lilium (NASDAQ:LILM) has signed an agreement with European private jet operator, GlobeAir. Under the deal, GlobeAir plans to purchase 12 Lilium Jets to provide premium and business eVTOL flights to its customer base in the French Riviera and Italy. The sustainable Lilium Jet will complement GlobeAir's current offerings in the French Riviera and Italy with a first and last mile service. LILM shares were down ~3% premarket
Seeking Alpha • Aug 05

Lilium's Less-Obvious Advantages

Lilium is better funded than they look on paper. A lean and simple design offers Lilium a sneaky manufacturing advantage. Lilium's business model reduces risk through diversity. There is a lot of upside potential that Lilium could be exposed to. I've been obsessively studying Lilium (LILM) for the last few weeks. In this article, I'll be outlining several observations about the upside potential for Lilium that I think are under-discussed or not immediately obvious. These observations, in combination with what I believe to be strong potential that is more obvious, make me think that Lilium is undervalued at its current market cap, especially when compared to those of Lilium's peers. Ferrovial Affect Ferrovial committed $200 million to build out a vertiport network in Florida in partnership with Lilium. Lilium will repay Ferrovial through landing fees. For Lilium to have that amount of money committed to an important piece of their strategy, the infrastructure needed to start a short-haul and regional flight service in the US, means Lilium doesn't need to commit capital raised on the open market (in the past or the future) for that particular initiative, and they don't have to wait until they are profitable to start the B2C arm of their business. In other words: I believe the capital that Lilium has raised is undercounting an important pocket of infrastructure funding. The fact that Ferrovial is taking on the construction of the project is icing on the cake and brings the timeline of a Florida vertiport network launch forward in time. The AAM Infrastructure Index, a website that "...assesses AAM infrastructure companies readiness towards the deployment of multiple vertiport networks all over the world in commercial operation, based on a proprietary tailor-made-for-the-infrastructure-market algorithm that uses publicly available information as well as expert knowledge" currently only lists five companies in the Advanced Air Mobility race. Ferrovial takes the first spot. Notice, too, how much less funding the other companies on this list have committed to their infrastructure projects. The second-ranked company on this list doesn't have a public funding number shown but appears to be planning just three vertiports across Italy and France in 2024. For reference, Ferrovial is partnering to develop more than ten vertiports in Florida in partnership with Lilium. The Advantage Of Simplicity Lilium's jet is simple. That simplicity offers many advantages, but I am especially interested in the implications for manufacturing. I believe a simple design offers Lilium valuable manufacturing speed. My sense is that investors are over-valuing the impact of getting to market first and undervaluing the impact of getting the most aircraft into the skies. Joby Aviation (JOBY) is trying to bring an aircraft to market that appears to me to have a more complicated aircraft design than the Lilium jet, and yet their market cap is about four times higher than Lilium's. Lilium recently announced that they have reduced the number of engines and batteries in their seven-seater jet. From their Q1 shareholder letter: "With a 10% increase in engine diameter, we were able to reduce the number of engines from 36 to 30, with nine now on each of the main wings, six on each of the forward canard wings. As noted in our last shareholder letter, this modification will simplify the design and reduce weight and cost, while providing even greater flight stability..." Lilium managed to simplify further an already simple jet design. At a time when inflation is a worldwide problem and supply chains are suffering serious bottlenecks, having a simple design to manufacture could prove to be a crucial advantage that Lilium has over its competition. Diversity Of Potential Income Streams Lilium has forged memorandums of understanding with several companies who expressed interest in collectively buying hundreds of Lilium's jets and, in some cases, helping Lilium to establish flight networks in different countries. A large (and growing) number of interested parties are located around the world. Their interest, in my opinion, represents a vote of confidence for the company and reduces the risk of depending on a smaller number of near-term customers. Lilium is also pursuing a business model that could generate a diverse set of revenue streams by 1) selling jets directly to airlines or small private operators, 2) starting their own flight service, and 3) providing software and parts support following jet sales to other companies. Lilium is pursuing dual certification with EASA and the FAA, which offers the potential advantage of unlocking at launch a large area of the world in which to conduct business. This global diversity offers yet another layer of risk reduction that other eVTOL companies can't quite claim yet: Lilium isn't beholden to just one market and whatever economic conditions are attached to that market. Lilium's cabin is designed to be flexible, offering a premium cabin configuration, a regional shuttle configuration, and a cargo configuration. Each jet will have the ability to serve a diverse market. Consider the advantage this would have offered a company when the pandemic forced people to stay home. People avoided flying and turned to online shopping, which meant there was suddenly more demand for cargo flights and less demand for passenger flights (source, pg 12). Autonomous Flight Transition In response to a question about autonomy during a meeting with the TBARTA board of directors, Lilium's Tassilo Wanner explained that the Lilium jet would be piloted at first but that the jets could eventually be controlled from the ground where one pilot would oversee several concurrent flights. As soon as Lilium is able to take the pilot out of the cockpit, they will simultaneously bring pilot costs down and expand revenue and margin potential. Lilium projects a pilot in one jet will cost 30 cents per air mile. Adding some level of autonomy to the aircraft and putting even just two flights under the purview of one pilot brings the pilot cost down substantially. At the same time, taking a pilot out of a jet opens up an extra seat. This increases the average passengers-per-trip figure, which can drive down costs for consumers or pad margin for Lilium. It's worth noting that the pilot is projected to represent one of the largest costs to operate a Lilium jet at launch. If Lilium can bring the number of flights under the control of one pilot up to five, they will have reduced the pilot cost per mile for each flight all the way down to just 6 cents. The 24 cents per mile in savings can also go to padding margins or cutting the cost of the service for customers. This is just the intermediate stage between launching with a piloted jet and moving to a fully autonomous aircraft, which would offer further cost savings. And this is to say nothing of the value of not needing to find as many pilots to ensure Lilium's service can continue to deliver passengers to where they want and need to go. Intelligent Charging Energy costs are projected to account for about 6% of a Lilium jet's operational costs. Because Lilium will be recharging their jets' batteries regularly there is potential for optimization. According to PSEG Long Island, "...energy production costs can range as much as 70% at different times of the day (peak, off-peak and super off-peak hours)..." With the significant capacity of their batteries, Lilium's jets are each effectively large energy storage devices. Optimizing when the jets' batteries are charged is, I imagine, a relatively simple opportunity to lower costs. If we imagine, as an exercise, that Lilium could cut 70% off of their operating energy costs, I suspect they would reduce their cost-per-air-mile projection by around four cents. That might not sound like a lot, but Lilium's number-crunching suggests a four-cent reduction in operating cost-per-air-mile would translate to more than a full percentage point improvement on margin. Dual Certification Is Less Risky Given that Lilium has ambitions to operate around the world, it strikes me as especially smart to pursue dual certification with EASA and the FAA. Even though it is a bit harder up front for Lilium to navigate the certification process with two different agencies, they gain from double counting much of their testing, and they avoid the risk that standards will change between certification campaigns. While Lilium's competitors might beat Lilium to one market, Lilium is positioned to be the first eVTOL to notch certification with the two largest aviation certification regulators. Despite a significant head start in development Joby won't likely be the first to achieve this feat, and yet investors still value Joby at four times that of Lilium. Archer Aviation's (ACHR) market cap is north of a billion dollars, despite a certification approach that, like Joby, is limited to the FAA. Even a company like Eve Holding (EVEX), targeting 2026 for their aircraft to be certified through ANAC, is valued at a billion dollars more than Lilium. Their company is backed by Embraer and has secured a large number of non-firm orders, but their aircraft concept has an unknown range and cruise speed and is projected to only carry four passengers at launch. That assumes the concept is even viable to be certified and mass-produced. Low Infrastructure Cost And Environmental Implications The fast turn-around time and exceptionally low cost to build a vertiport network, compared to roads and railroads, make Lilium's transportation pitches to regulatory authorities easy to greenlight. This effect is amplified when considering the considerable CO2 emissions reductions Lilium jets offer. During a presentation to the TBARTA board of directors, members from Lilium's team laid out the advantages that a Lilium jet and vertiport network could offer Florida. I was encouraged by how receptive the entire panel was to Lilium's proposal. TBARTA Vice-Chair, Kathryn Starkey, said during the question and answer section of the presentation, "I would say that we don't want to take a long time with this if we want to be one of the leaders and innovators in the country on this exciting mode of transport. I do think we need to act quickly." In other words, there is early evidence that some of the friction that accompanies regulation might be mitigated by the compelling and varied value propositions that Lilium offers. Serious Battery Improvement Upside
Seeking Alpha • Jul 19

Lilium Is Worth The Lottery Ticket

Lilium is in a good position to capitalize on several competitive moats if they make it to market. Morgan Stanley is projecting a massive total addressable market in the eVTOL space. Lilium's jet boasts superior specifications. Lilium (LILM) doesn’t have a finished conforming prototype of its eVTOL jet, doesn’t have FAA or EASA certification yet, and it doesn’t have a proven business model that has demonstrated value in the real world. Further, it is burning cash reserves fast and may need to dilute shares or take on debt to raise money before it is generating a profit. Heck, even the Seeking Alpha quant score rates Lilium a “strong sell”. Still, I see this company as well worth taking a flier on at its current market cap of around $724 million given: 1) the projected eVTOL total addressable market in the coming decades, 2) my belief about how much market share Lilium will be able to control in that space, 3) the quality of the product it is bringing to market, and 4) the company’s many competitive moats. If you want an overview of the company, its website does a good job of explaining what Lilium is all about. I will be focusing this article on some of the most interesting and financially-relevant observations that I’ve made over the last week or so of studying this company. In the next five sections, I’ll be discussing what I see as potential competitive moats. Networking Effect From Ride Shares On the subject of ride cost, Lilium’s Public Affairs and B2G Partnerships Manager at the time, Marie Masson, said in a meeting with the Tampa Bay Area Regional Transit Authority on July 17, 2020 (15:58): . . . there are three main factors which are going to allow us to decrease this price point very significantly within just a few years. The first one being, of course, network effects as soon as we have more landing pads and more jets flying around in the region where we would start. It is clear that Lilium wants to keep costs low, and understands that large-scale adoption of its service in and of itself can support this goal. Using a network to drive down costs creates a natural barrier between Lilium and competitors that might try to erode the market share that Lilium could secure in the future. In case you are wondering why I think Lilium will capture this advantage and competitors won’t, you need to understand my view on the company's manufacturing capabilities. Compared to Joby Aviation (JOBY), which I view as the most serious competition, Lilium seems much further ahead in its manufacturing plans. In an interview with Bloomberg in June 2022, Joby’s CEO said (1:38): We’ve just completed our pilot production facility. This gives us the ability to produce tens of aircraft per year. We have a close partnership with Toyota and we are working with them on the plans for our phase one production facility, which will be able to produce hundreds of aircraft per year. Compare that to what Lilium’s head of manufacturing said in a video posted more than a year ago, in March of 2021: Three years before entering into service, we hired all the key leaders we need to have.” Later in the video he said, “We will commission our first manufacturing setup for assembly and testing four hundred aircraft per year.” And then, “Already [in] 2025/2026 we plan to install a thousands-aircraft-a-year factory . . .” Lilium seems to be way ahead in what is probably the most challenging part of the whole equation: manufacturing its aircraft at scale. Even if Joby gets certification before Lilium, I still think it is behind in production. I see Lilium taking the networking effects prize. At the moment, Joby is valued at more than four times Lilium’s current market cap. Bringing An eVTOL To Market Is Capital-Intensive Most of the companies trying to bring an eVTOL aircraft to market probably won’t be successful. I must admit that even Lilium, the company that I believe has by far the best product in the works, might not make it to market. Such a large capital need, especially if there are companies that are already operating in the eVTOL space, could significantly deter competitors from trying to bring a new aircraft to market. Here is Lilium founder, Daniel Wiegand, talking about some of the surprises he has encountered as he builds his company (6:00): There’s good stuff, which we didn’t anticipate, like the regulation coming quickly, like the sector and the whole supply chain and industry coming together, willing to make it work. And there’s been other things that were difficult, like the realization that a project like this is a billion, and not maybe a hundred million.
분석 기사 • Jul 01

We Think Lilium (NASDAQ:LILM) Needs To Drive Business Growth Carefully

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha • Jun 29

Astronics selected for Lilium Jet’s Electrical Power Distribution System

Astronics Corporation (NASDAQ:ATRO) has been selected by Lilium N.V.(NASDAQ:LILM) to design, develop, and build the Lilium Jet’s electrical power distribution system. It will collaborate with Lilium on critical subsystem of Lilium Jet’s Energy Management System. Astronics will be responsible for the secondary power distribution units (SPDUs) and charging power distribution units (CPDUs). Lilium Jets will each be equipped with two SPDUs and one CPDU. The supplier pact comes in wake of over a year of collaborative work between the two companies and marks a further key milestone in the industrialization of the Lilium Jet. Shares of LILM are up 1.5% premarket.
Seeking Alpha • Mar 21

Lilium, This Is Perhaps One That Won't Fly

There's a basic economic truism, optimise for your scarce resource. Lilium has done the opposite. It's not going to work, is it?
Seeking Alpha • Dec 13

Lilium: Don't Ignore These Risks

Lilium is planning to launch its eVTOL jet network in 2025, operating in a massive disruptive industry with substantial potential. Solid unit economics aid significant revenue growth targets via commercial network and geographic expansion. Lilium will need cash to execute its plan of commercialization, with some possible large-sized dilution, amid some other major risks including interest rate risk and safety.
Seeking Alpha • Sep 18

Lilium: Future Of Regional Transportation

Lilium and Qell Acquisition completed the SPAC business combination last week. The SPAC was hit with 65% of SPAC shareholders redeeming shares, but the transaction still raised $584 million due to a large PIPE at $10. The stock is compelling below the $10 PIPE price for shareholders willing to ride the high volatility in the eVTOL space.

이 섹션에서는 일반적으로 전문 애널리스트들의 컨센서스 추정치를 기반으로 매출 및 이익 성장 전망을 제시하여 투자자들이 회사의 수익 창출 능력을 이해하도록 돕습니다. 그러나 Lilium는 과거 데이터가 충분하지 않고 애널리스트 예측도 없어, 과거 데이터를 단순히 외삽하거나 애널리스트 전망을 사용하여 향후 이익을 신뢰할 수 있게 계산할 수 없습니다.

Simply Wall St가 다루는 기업 중 97%는 과거 재무 데이터를 보유하고 있기 때문에, 이는 상당히 드문 상황입니다.

이익 및 매출 성장 예측

OTCPK:LILM.F - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
6/30/2024N/A-91-341-289N/A
3/31/2024N/A-240-301-260N/A
12/31/2023N/A-389-261-232N/A
9/30/2023N/A-452-256-234N/A
6/30/2023N/A-515-252-237N/A
3/31/2023N/A-384-259-247N/A
12/31/2022N/A-253-267-258N/A
9/30/2022N/A-339-272-260N/A
6/30/2022N/A-424-278-263N/A
3/31/20220-418-256-239N/A
12/31/20210-411-234-215N/A
9/30/20210-333-184-169N/A
6/30/20210-255-134-122N/A
3/31/20210-222-111-100N/A
12/31/20200-188-87-78N/A

애널리스트 향후 성장 전망

수입 대 저축률: LILM.F 의 예상 수익 증가율이 절약률(3.3%)보다 높은지 판단하기에는 데이터가 부족합니다.

수익 vs 시장: LILM.F 의 수익이 US 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

고성장 수익: LILM.F 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

수익 대 시장: LILM.F 의 수익이 US 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

고성장 매출: LILM.F 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: LILM.F의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2025/11/18 22:22
종가2025/11/18 00:00
수익2024/06/30
연간 수익2023/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Lilium N.V.는 9명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
David ZazulaBarclays
Tristan SansonBNP Paribas
Austin MoellerCanaccord Genuity