This company has been acquired
RMO Stock Overview
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for vehicle electrification in North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Romeo Power, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.35 |
| 52 Week High | US$5.55 |
| 52 Week Low | US$0.32 |
| Beta | 1.48 |
| 1 Month Change | -39.13% |
| 3 Month Change | -39.66% |
| 1 Year Change | -92.66% |
| 3 Year Change | -96.45% |
| 5 Year Change | n/a |
| Change since IPO | -96.41% |
Recent News & Updates
Recent updates
Romeo Power: Merger With Nikola Is A Must
Aug 09Where Art Thou Cash, Romeo?
Mar 01Romeo Power: Battery Technology Junior May Have Got Strategy Wrong
Sep 17Romeo Power's (NYSE:RMO) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 24
Romeo Power appoints Kerry Shiba as CFO, Yun Han as CAO
Jun 16Romeo Power: Attractive Entry Point For Choice Pick In EV Battery Space
Apr 26Shareholder Returns
| RMO | US Electrical | US Market | |
|---|---|---|---|
| 7D | -7.3% | -0.7% | 0.6% |
| 1Y | -92.7% | 24.0% | 23.8% |
Return vs Industry: RMO underperformed the US Electrical industry which returned -29% over the past year.
Return vs Market: RMO underperformed the US Market which returned -25.7% over the past year.
Price Volatility
| RMO volatility | |
|---|---|
| RMO Average Weekly Movement | 15.0% |
| Electrical Industry Average Movement | 11.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RMO's share price has been volatile over the past 3 months.
Volatility Over Time: RMO's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 294 | Susan Brennan | romeopower.com |
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for vehicle electrification in North America. The company designs and manufactures battery modules, battery packs, and battery management system technologies; and provides non-recurring engineering services, such as design, prototype, and testing services. It serves commercial electric vehicle manufacturers, electric powertrain converters, electric watercraft manufacturers, fleet operators, and automobile, and recreational vehicle manufacturers.
Romeo Power, Inc. Fundamentals Summary
| RMO fundamental statistics | |
|---|---|
| Market cap | US$65.07m |
| Earnings (TTM) | -US$176.99m |
| Revenue (TTM) | US$32.12m |
2.0x
P/S Ratio-0.4x
P/E RatioIs RMO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMO income statement (TTM) | |
|---|---|
| Revenue | US$32.12m |
| Cost of Revenue | US$76.33m |
| Gross Profit | -US$44.21m |
| Other Expenses | US$132.78m |
| Earnings | -US$176.99m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.95 |
| Gross Margin | -137.61% |
| Net Profit Margin | -550.95% |
| Debt/Equity Ratio | 0% |
How did RMO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/16 13:54 |
| End of Day Share Price | 2022/10/14 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Romeo Power, Inc. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gregory Lewis | BTIG |
| Adam Jonas | Morgan Stanley |
| Gabriel Daoud | TD Cowen |