Canoo Inc
NASDAQ:GOEV

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Canoo Inc
NASDAQ:GOEV
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Price: 0.155 USD 28.63%
Market Cap: 2.2m USD

Gross Margin
Canoo Inc

9.5%
Current
11%
Average
17.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
9.5%
=
Gross Profit
177k
/
Revenue
1.9m

Gross Margin Across Competitors

Canoo Inc
Glance View

Market Cap
2.2m USD
Industry
Automobiles

Canoo, Inc. manufactures electric vehicles. The company is headquartered in Torrance, California and currently employs 805 full-time employees. The company went IPO on 2019-03-05. The firm is engaged in designing and developing electric vehicles (EVs). The firm has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a range of vehicle applications for consumers and businesses. Its Multi-Purpose Platform is a self-contained, fully functional rolling chassis that directly houses all of the critical components for operation of an EV. These include its in-house designed performance electric drivetrain, true steer-by-wire system, low-profile suspension systems, battery systems, advanced vehicle control electronics and software, and other critical components, which all have been optimized for functional integration and versatility. Its EVs include Lifestyle Vehicle; Multi-Purpose Delivery Vehicles- MPDV1, MPDV2, and Canoo Pickup.

GOEV Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
9.5%
=
Gross Profit
177k
/
Revenue
1.9m
What is the Gross Margin of Canoo Inc?

Based on Canoo Inc's most recent financial statements, the company has Gross Margin of 9.5%.

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