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Arcimoto Inc   (FUV)
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Arcimoto Inc

FUV's Financial Statements and Analysis



Arcimoto Inc increased third quarter of 2023 net loss per share of $-1.58 compare to net loss per share of $-0.38 recorded in the same quarter a year ago and improved compare to net loss per share of $-1.71 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -1.58 $  1 Mill
$-1.20     $-1M     -45.15 %



Arcimoto Inc 's Revenue fell by -45.15 % in third quarter of 2023 (Sep 30 2023) year on year, to $1 million and declined by -36.93 % sequentially.


Arcimoto Inc is Expected to report next financial results on April 13, 2024.

More on FUV's Income Statement



Arcimoto Inc 's in thethird quarter of 2023 recorded net loss of $-14.043 million, an improvement compare to net loss of $-16.964 million in III. Quarter a year ago.

Sequentially net loss advanced

More on FUV's Growth

Arcimoto Inc Inventories
Inventories declined by -11.42 % to $10.89 million from III. Quarter a year ago, sequentially inventories fell by -1.54 %. In Sep 30 2023 company's net cash and cash equivalents decreased by $-1 million

More on FUV's Cash flow Statement


Arcimoto Inc does not pay out common stock dividend.

In trailing twelve-month period Arcimoto Inc payed $ -2.45 cash per share, on a free-cash flow basis .

Book value fell by -69.73 % sequentially to $0.80 per share, -38.85% of net loss per share in trailing twelve-month period were subtructed from shareholder value.


Company issued 1.22 million shares or 15.79 % in Sep 30 2023.


More on FUV's Dividends

 Market Capitalization (Millions) 5
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 13
 Revenue (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) -50
 Cash Flow (TTM) (Millions $) -17
 Capital Exp. (TTM) (Millions $) -8
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Arcimoto Inc does not pay out common stock dividend.

In trailing twelve-month period Arcimoto Inc had negative $ -2.45 cash flow per share, on a free-cash flow basis .

Book value fell by -69.73 % sequentially to $0.80 per share, -38.85% of net loss per share in trailing twelve-month period were subtructed from shareholder value.


Company issued 1.22 million shares or 15.79 % in Sep 30 2023.


More on FUV's Balance Sheets

 Market Capitalization (Millions) 5
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 13
 Revenue (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) -50
 Cash Flow (TTM) (Millions $) -17
 Capital Exp. (TTM) (Millions $) -8
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Arcimoto Inc Earnings

Headline 1: FUV Hit Hard by Diminishing Returns, Escalating Further in Q2 of 2023

In the financial second quarter of 2023, Arcimoto Inc, a company in the Auto and Truck Parts industry, reported a significant increase in their loss per share. The loss per share rose to $-1.71 compared to $-0.44 a year ago, indicating a worrying trend. Moreover, this represents a surge in losses from the previous reporting season, where the loss per share was $-1.06. This is a clear indication that the company's financial performance is deteriorating.
Although the company did experience a respectable rise in revenue of 17.408% to $1.76 million in the same reporting season a year ago, it is important to note that this growth rate is lower than their industry counterparts. In fact, most corporations in th...

FUV Experiences Surging Revenues by 108.16% YoY Amid Quadrupled Losses in Q1 2023

Investors in Arcimoto Inc, the electric vehicle manufacturer, may have been pleased to see a marked revenue improvement of 108.16% year on year to $1.35 million in the fiscal three months closing Mar 31 2023. However, a closer look at the numbers reveals concerning trends for the company's financial health.
Firstly, while revenue may have improved, the company's deficit per share actually increased from $-0.39 per share in the previous reporting season to $-1.06. This suggests that while the company may be generating more revenue, it is doing so at a much higher cost. Furthermore, the fact that this deficit is growing should be alarming to investors, indicating that the company's operating costs are cont...


Date modified: 2024-02-12T17:07:05+00:00





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