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Lucid Group Inc   (LCID)
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Lucid Group Inc

LCID's Financial Statements and Analysis



Lucid Group Inc increased forth quarter of 2023 net loss per share of $-0.23 compare to net loss per share of $-0.12 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.28 realized in previous quarter.


forth quarter of 2023
Earnings Per Share Revenues
$ -0.23 $  157 Mill
$-0.11     $-296M     -65.3 %



Lucid Group Inc 's Revenue fell by -65.3 % in forth quarter of 2023 (Dec 31 2023) year on year, to $157 million and advanced by 14.03 % sequentially.


Lucid Group Inc is

More on LCID's Income Statement



Lucid Group Inc 's in theforth quarter of 2023 recorded net loss of $-653.766 million, an increase from net loss of $-478.346 million in IV. Quarter a year ago.

Sequentially net loss advanced

More on LCID's Growth

Lucid Group Inc Inventories
Inventories declined by -16.56 % to $696.24 million from IV. Quarter a year ago, sequentially inventories fell by -12.86 %. LCID's Cash flow In the forth quarter of 2023 company's net cash flow was $206 million, capital expenditures grew by -289.888-5.95%, to $-273 millions compare to same quarter a year ago

More on LCID's Cash flow Statement


Lucid Group Inc does not pay out common stock dividend.

In trailing twelve-month period Lucid Group Inc payed $ -1.20 cash per share, on a free-cash flow basis .

Book value fell by -1.42 % sequentially to $2.33 per share, -2.51% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 2.33 per share from $ 2.37.

Company repurchased 204.73 million shares or 8.96 % in Dec 31 2023.


More on LCID's Dividends

 Market Capitalization (Millions) 5,740
 Shares Outstanding (Millions) 2,080
 Total Debt (Millions $) 1,997
 Revenue (TTM) (Millions $) 595
 Net Income (TTM) (Millions $) -2,828
 Cash Flow (TTM) (Millions $) -366
 Capital Exp. (TTM) (Millions $) -911
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Lucid Group Inc does not pay out common stock dividend.

In trailing twelve-month period Lucid Group Inc had negative $ -1.20 cash flow per share, on a free-cash flow basis .

Book value fell by -1.42 % sequentially to $2.33 per share, -2.51% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 2.33 per share from $ 2.37.

Company repurchased 204.73 million shares or 8.96 % in Dec 31 2023.


More on LCID's Balance Sheets

 Market Capitalization (Millions) 5,740
 Shares Outstanding (Millions) 2,080
 Total Debt (Millions $) 1,997
 Revenue (TTM) (Millions $) 595
 Net Income (TTM) (Millions $) -2,828
 Cash Flow (TTM) (Millions $) -366
 Capital Exp. (TTM) (Millions $) -911
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Lucid Group Inc Earnings

Challenges ahead for Lucid Group Inc as financial performance worsens in latest report

Lucid Group Inc (LCID) recently disclosed their October to December 31, 2023 financial span, which showcased some disastrous results for the company. Revenue plummeted by a staggering 65.304% to $157.15 million, and the net loss per share widened to $-0.23, from the same period a year ago. Comparatively, the rest of the EV, Auto and Truck Manufacturers industry showed revenue growth during the same period.
In the previous financial reporting period, LCID reported a net loss per share of $-0.28, but revenue saw a modest increase of 14.031% from $137.81 million. However, the current financial span marked a significant drop in revenue and an exacerbation of losses for the company. The net loss for this peri...

Lucid Group Inc Successfully Turns Deficit Around, Achieving Redemption During Fiscal Year Ending September 30, 2023

Lucid Group Inc Reports Improved Financial Performance for Fiscal Year Ending September 30, 2023
Lucid Group Inc, the electric vehicle manufacturer, has reported its financial results for the fiscal year ending September 30, 2023. Despite a decrease in revenue and a net deficit, the company has shown positive signs of improvement in various key metrics.
Earnings per Share Analysis:
For the fiscal year ending September 30, 2023, Lucid Group Inc recorded a decrease in loss per share compared to the previous year. The loss per share decreased from $-0.40 to $-0.28, indicating a positive trend in profitability. Additionally, compared to the previous quarter, Lucid Group Inc experienced a significant ...

Lucid Group Inc Surpasses Expectations with 161% Revenue Growth, Outshining Competitors in Auto Industry

Lucid Group Inc. (LCID) has recently announced some impressive growth figures that have certainly caught the attention of investors in the stock market. In the second quarter of 2023, LCID saw a remarkable revenue improvement of 161.593% year on year, soaring to a staggering $150.87 million. This substantial increase in revenue highlights the company's successful efforts in expanding its business operations.
Comparing LCID to its contemporaries in the Auto and Truck Manufacturers sector, it becomes evident that LCID has grown at a significantly higher rate. In the same quarter, while most companies in the industry reported a 22.02% growth in business compared to the previous year, LCID enjoyed a much mor...

Lucid Group Inc Surges with Remarkable 455.943% Revenue Growth, But Is It Sustainable?

Investors in Lucid Group Inc may have been buoyed by the recent announcement of a significant 455.943% year-on-year r...


Date modified: 2024-02-28T14:52:08+00:00





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