Xos Inc
NASDAQ:XOS
Income Statement
Earnings Waterfall
Xos Inc
Revenue
|
44.5m
USD
|
Cost of Revenue
|
-45.8m
USD
|
Gross Profit
|
-1.3m
USD
|
Operating Expenses
|
-63.7m
USD
|
Operating Income
|
-65m
USD
|
Other Expenses
|
-10.9m
USD
|
Net Income
|
-75.8m
USD
|
Income Statement
Xos Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
3
N/A
|
3
+23%
|
3
+6%
|
3
-22%
|
5
+88%
|
11
+124%
|
20
+81%
|
31
+52%
|
36
+17%
|
34
-6%
|
29
-15%
|
35
+20%
|
45
+28%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(2)
|
(3)
|
(3)
|
(2)
|
(7)
|
(20)
|
(34)
|
(56)
|
(66)
|
(59)
|
(52)
|
(45)
|
(46)
|
|
Gross Profit |
0
N/A
|
1
+77%
|
0
-38%
|
0
-6%
|
(2)
N/A
|
(8)
-259%
|
(14)
-63%
|
(24)
-78%
|
(30)
-23%
|
(25)
+17%
|
(23)
+6%
|
(11)
+55%
|
(1)
+88%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(12)
|
(17)
|
(22)
|
(33)
|
(51)
|
(65)
|
(80)
|
(86)
|
(81)
|
(80)
|
(74)
|
(68)
|
(64)
|
|
Selling, General & Administrative |
(7)
|
(10)
|
(15)
|
(23)
|
(31)
|
(41)
|
(49)
|
(50)
|
(50)
|
(51)
|
(48)
|
(46)
|
(43)
|
|
Research & Development |
(5)
|
(7)
|
(7)
|
(9)
|
(20)
|
(25)
|
(31)
|
(36)
|
(31)
|
(28)
|
(26)
|
(22)
|
(20)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(1)
|
|
Operating Income |
(12)
N/A
|
(16)
-38%
|
(22)
-31%
|
(33)
-52%
|
(53)
-62%
|
(74)
-39%
|
(94)
-27%
|
(111)
-18%
|
(111)
0%
|
(105)
+6%
|
(98)
+7%
|
(79)
+19%
|
(65)
+18%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(5)
|
2
|
1
|
3
|
19
|
12
|
17
|
21
|
14
|
11
|
4
|
(3)
|
(12)
|
|
Non-Reccuring Items |
0
|
(14)
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
|
Total Other Income |
0
|
(1)
|
(0)
|
48
|
72
|
75
|
90
|
47
|
24
|
21
|
7
|
2
|
2
|
|
Pre-Tax Income |
(17)
N/A
|
(29)
-76%
|
(35)
-18%
|
4
N/A
|
23
+439%
|
13
-43%
|
13
-4%
|
(42)
N/A
|
(73)
-74%
|
(74)
0%
|
(88)
-19%
|
(82)
+7%
|
(76)
+7%
|
|
Net Income | ||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(17)
|
(29)
|
(35)
|
4
|
23
|
13
|
13
|
(42)
|
(73)
|
(74)
|
(88)
|
(82)
|
(76)
|
|
Net Income (Common) |
(17)
N/A
|
(29)
-76%
|
(35)
-18%
|
4
N/A
|
23
+439%
|
13
-43%
|
13
-4%
|
(42)
N/A
|
(73)
-74%
|
(74)
0%
|
(88)
-19%
|
(82)
+7%
|
(76)
+7%
|
|
EPS (Diluted) |
-0.1
N/A
|
-0.18
-80%
|
-0.22
-22%
|
0.03
N/A
|
0.22
+633%
|
0.09
-59%
|
0.09
N/A
|
-0.26
N/A
|
-0.44
-69%
|
-0.44
N/A
|
-0.52
-18%
|
-0.48
+8%
|
-13.11
-2 631%
|