REE Automotive Past Earnings Performance
Past criteria checks 0/6
REE Automotive's earnings have been declining at an average annual rate of -15.2%, while the Auto Components industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 21.9% per year.
Key information
-15.2%
Earnings growth rate
-4.8%
EPS growth rate
| Auto Components Industry Growth | 10.5% |
| Revenue growth rate | 21.9% |
| Return on equity | -146.3% |
| Net Margin | -7,102.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Companies Like REE Automotive (NASDAQ:REE) Could Be Quite Risky
Nov 06
Companies Like REE Automotive (NASDAQ:REE) Could Be Quite Risky
Jul 24We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate
Feb 09We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate
Oct 17REE Automotive Non-GAAP EPS of -$0.07 beats by $0.04; reaffirms FY22 guidance
Aug 16Will REE Automotive (NASDAQ:REE) Spend Its Cash Wisely?
Jul 19REE Automotive: Building A Platform To Ride Growing Demand For Commercial EVs
Jun 30We're Interested To See How REE Automotive (NASDAQ:REE) Uses Its Cash Hoard To Grow
Dec 21Revenue & Expenses BreakdownBeta
How REE Automotive makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2 | -114 | 36 | 83 |
| 30 Sep 23 | 1 | -106 | 37 | 72 |
| 30 Jun 23 | 1 | -116 | 42 | 78 |
| 31 Mar 23 | 0 | -115 | 45 | 76 |
| 31 Dec 22 | 0 | -107 | 49 | 78 |
| 30 Sep 22 | 0 | -127 | 55 | 83 |
| 30 Jun 22 | 0 | -508 | 262 | 275 |
| 31 Mar 22 | 0 | -516 | 272 | 268 |
| 31 Dec 21 | 0 | -505 | 262 | 252 |
| 30 Sep 21 | 0 | -469 | 252 | 234 |
| 30 Jun 21 | 0 | -73 | 47 | 26 |
| 31 Mar 21 | 0 | -76 | 41 | 35 |
| 31 Dec 20 | 0 | -68 | 38 | 30 |
| 30 Sep 20 | 0 | -61 | 35 | 28 |
| 31 Dec 19 | 1 | -12 | 7 | 7 |
| 31 Dec 18 | 0 | -20 | 3 | 2 |
Quality Earnings: REE is currently unprofitable.
Growing Profit Margin: REE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: REE is unprofitable, and losses have increased over the past 5 years at a rate of 15.2% per year.
Accelerating Growth: Unable to compare REE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: REE is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (6.5%).
Return on Equity
High ROE: REE has a negative Return on Equity (-146.28%), as it is currently unprofitable.