Canoo (GOEV) Stock

$0.37 0.00 (0.00%)
Market Cap: $5.36M | NASDAQ

Canoo Chart


Company Profile

Price: $0.37

Market Cap: $5.36M

Exchange: NASDAQ

CEO: Mr. Anthony Aquila

Sector: Consumer Cyclical

Industry: Auto - Manufacturers

Employees: -0.00B

Headquarters: Torrance, CA

Website: Canoo

Business Summary

Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

Canoo News

EV Startups Struggle to Stay Afloat: Canoo Becomes Latest Victim

GOEV's story serves as a cautionary tale for other startups navigating the complex and competitive EV industry.

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EV startup Canoo files for bankruptcy, to cease operations

Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately.

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EV startup Canoo files for bankruptcy and ceases operations

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court.

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Canoo Inc. Announces Chapter 7 Bankruptcy Filing

JUSTIN, Texas, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), (the "Company"), a high-tech advanced mobility and energy company, today announced that it has filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing, made with the U.S. Bankruptcy Court for Delaware, will result in the federal appointment of a Bankruptcy Trustee to oversee the liquidation of the Company's assets and the distribution of proceeds to creditors.

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Canoo stock price crashed: will GOEV go bankrupt in 2025?

Canoo stock price sits at a record low as the company faces an uncertain future ahead. It was trading at $1.60 on Wednesday, a few points above its all-time low.

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Bet on 5 Top-Ranked Stocks With Rising P/E to Boost Your Portfolio

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Constellation Brands, Edgewell Personal Care, Rent the Runway, Medpace and Canoo.

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Is Canoo (GOEV) a Buy as Wall Street Analysts Look Optimistic?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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Bet On These 5 Top-Ranked Stocks With Rising P/E

Tap five stocks with increasing P/E ratios for an out-of-the-box approach. These stocks are Constellation Brands, Stryve Foods, Canoo, Fortuna Mining & Qualcomm.

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EV startup Canoo places remaining employees on a ‘mandatory unpaid break'

Struggling electric van startup Canoo has placed its remaining employees on what it's calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch.

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Canoo Inc. Announces 1-for-20 Reverse Stock Split Effective December 24, 2024

JUSTIN, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on December 24, 2024, at 8:00 a.m., Eastern Time (“Effective Date”). Canoo's Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol "GOEV" and will begin trading on a split-adjusted basis when the market opens on December 24, 2024. The new CUSIP number for Canoo's Common Stock following the reverse stock split will be 13803R300.

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Canoo furloughs workers and idles factory as it scrapes for cash

Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding.

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Canoo Announces Furloughs and Factory Idle as it Focuses on Finalizing Securing Capital

JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations. The company is in advanced discussions with various capital sources.

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3 Tesla wannabe companies that may not survive the EV race

Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4 trillion, and making it the eighth-biggest company in the world.

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Canoo stock price: Is GOEV a good contrarian buy?

Canoo stock price has imploded, costing long-term investors millions of dollars over time. GOEV shares plunged by over 24% on Friday after it unveiled another round of furloughs as odds of survival remained slim.

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Bet on 5 Top-Ranked Stocks With Rising P/E

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Stryve Foods, Nevro, Canoo, MSA Safety and VTEX.

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Is It Worth Investing in Canoo (GOEV) Based on Wall Street's Bullish Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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Canoo stock forms rare pattern: could GOEV surge 670%?

Canoo stock price has collapsed this year, raising concerns that the electric vehicle company may be about to collapse. GOEV shares have crashed by over 53% in the last 30 days and 92% this year, bringing its market cap to about $43 million.

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Canoo Announces Adjournment of Annual Meeting

JUSTIN, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq:GOEV) (the “Company”), a high-tech advanced mobility company , today announced that it has adjourned its Annual Meeting of Stockholders (the “Annual Meeting”) in order to provide stockholders additional time within which to vote on all proposals. At this time, there are not present, by remote communication or by proxy, a sufficient number of shares of the Company's common stock to constitute a quorum.

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Canoo Partners with Northside Truck & Van to Deliver its Initial Parts Network and Reliable Service, Maintenance, and Repair Services to Customers in the United Kingdom

Canoo Partners with Northside Truck & Van to Deliver its Initial Parts Network and Reliable Service, Maintenance, & Repair Services to Customers in the UK

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Canoo Inc. (GOEV) Q3 2024 Earnings Call Transcript

Canoo Inc. (NASDAQ:GOEV ) Q3 2024 Results Conference Call November 13, 2024 5:00 PM ET Company Participants Kunal Bhalla - Chief Financial Officer Tony Aquila - Executive Chairman & Chief Executive Officer Ramesh Murthy - SVP, Finance & Chief Accounting Officer & Chief Administrative Officer Conference Call Participants Amit Dayal - H.C. Wainwright Jawad Bhuiyan - Stifel Poe Fratt - Alliance Global Partners Operator Greetings.

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Canoo Inc. (GOEV) Reports Q3 Loss, Tops Revenue Estimates

Canoo Inc. (GOEV) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.90. This compares to loss of $1.61 per share a year ago.

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Canoo Inc. Announces Third Quarter 2024 Results

JUSTIN, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the third quarter of 2024.

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Brokers Suggest Investing in Canoo (GOEV): Read This Before Placing a Bet

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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Canoo's CFO and top lawyer are the latest executives to leave

EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans.

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EV Company News For The Month Of October 2024

Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan interest fully tax-deductible. Several of Europe's biggest carmakers unveiled low-cost EVs at the Paris Motor Show. EV company news - Tesla launches Cybercab & Robovan AVs. BYD surpasses Tesla in quarterly revenue for the first time. Volkswagen hit by 60% fall in profits.

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Canoo stock analysis: the end is nearing for GOEV

Canoo (GOEV) stock price has continued its strong downfall, moving to its lowest level on record as doubts about its future have remained. It slipped to a low of $0.55 on Friday, bringing the year-to-date losses to 90%.

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Canoo Partners with The AA in the UK for Premium Roadside Assistance Services to Commercial and Government Customers

JUSTIN, Texas and LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that the company has signed an agreement with The AA, the UK's No.1 breakdown provider, to enhance the customer experience with premium service and repair for Canoo's commercial fleet and government customers throughout the United Kingdom. The AA (Automobile Association) has a rich history in the UK, having been established almost 120 years ago.

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Canoo Inc. (GOEV) Laps the Stock Market: Here's Why

Canoo Inc. (GOEV) concluded the recent trading session at $0.92, signifying a +0.57% move from its prior day's close.

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Canoo Inc. (GOEV) Advances While Market Declines: Some Information for Investors

In the closing of the recent trading day, Canoo Inc. (GOEV) stood at $0.96, denoting a +0.5% change from the preceding trading day.

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Canoo Earnings

This section highlights Canoo's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: March 31, 2025
Time: After Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: November 13, 2024
EPS: $-10.80
Est. EPS: $-18.00
Revenue: $891.00K

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q3 2024 2024-11-13 $-18.00 $-10.80
Read Transcript Q2 2024 2024-08-14 $-15.40 $-12.20
Read Transcript Q1 2024 2024-05-14 N/A N/A
Read Transcript Q4 2023 2024-04-01 $-0.97 $-34.60
Read Transcript Q3 2023 2023-11-14 $-55.17 $-32.18
Read Transcript Q2 2023 2023-08-14 $-87.36 $-64.37
Read Transcript Q1 2023 2023-05-15 $-87.36 $-78.16

Financial Statements

Access annual & quarterly financial statements for Canoo, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Revenue $886.00K $- $2.55M $2.55M $-
Cost of Revenue $16.22M $13.91M $670.00K $670.00K $-
Gross Profit $-15.33M $-13.91M $1.88M $1.88M $-
Gross Profit Ratio -1730.36% 0.00% 73.73% 73.73% 0.00%
Research and Development Expenses $139.19M $299.22M $246.25M $142.86M $137.38M
General and Administrative Expenses $- $- $- $- $3.25M
Selling and Marketing Expenses $- $- $- $- $28.30M
Selling General and Administrative Expenses $113.30M $196.03M $194.74M $51.61M $31.55M
Other Expenses $- $11.55M $8.92M $7.12M $4.73M
Operating Expenses $252.49M $506.80M $449.90M $201.60M $173.66M
Cost and Expenses $268.70M $506.80M $449.90M $202.27M $173.66M
Interest Income $- $- $103.00K $- $5.52M
Interest Expense $-5.54M $2.25M $-10.48M $10.48M $9.52M
Depreciation and Amortization $13.84M $13.91M $9.97M $7.76M $5.55M
EBITDA $-282.64M $-471.54M $-336.80M $-199.72M $-3.25M
EBITDA Ratio -31900.79% 0.00% -21325.02% -7554.20% 0.00%
Operating Income $-267.82M $-506.80M $-449.90M $-199.72M $-173.66M
Operating Income Ratio -30227.88% 0.00% -17643.22% -7832.08% 0.00%
Total Other Income Expenses Net $-34.20M $19.11M $103.13M $113.03M $175.93M
Income Before Tax $-302.02M $-487.69M $-346.77M $-89.82M $-182.36M
Income Before Tax Ratio -34088.15% 0.00% -13598.75% -3522.20% 0.00%
Income Tax Expense $- $-21.36M $-102.91M $2.00K $10.34M
Net Income $-302.02M $-466.34M $-243.86M $-89.82M $-192.70M
Net Income Ratio -34088.15% 0.00% -9563.06% -3522.27% 0.00%
EPS $-12.08 $-39.76 $-24.61 $-18.72 $-118.13
EPS Diluted $-12.08 $-39.76 $-24.61 $-18.72 $-118.13
Weighted Average Shares Outstanding 25.05M 11.73M 9.91M 4.80M 1.63M
Weighted Average Shares Outstanding Diluted 25.05M 11.73M 9.91M 4.80M 1.63M
SEC Filing Source Source Source Source Source


Income Statement Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Revenue $891.00K $605.00K $- $367.00K $519.00K $- $- $- $- $- $- $2.55M $- $- $- $- $2.55M $- $- $-
Cost of Revenue $170.00K $5.21M $3.39M $4.68M $903.00K $5.40M $5.40M $3.37M $4.00M $3.42M $3.12M $670.00K $2.65M $2.90M $1.54M $- $670.00K $- $- $-
Gross Profit $721.00K $-4.60M $-3.39M $-4.32M $-384.00K $-5.40M $-5.40M $-3.37M $-4.00M $-3.42M $-3.12M $1.88M $-2.65M $-2.90M $-1.54M $- $1.88M $- $- $-
Gross Profit Ratio 80.92% -760.99% 0.00% -1175.75% -73.99% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 73.73% 0.00% 0.00% 0.00% 0.00% 73.73% 0.00% 0.00% 0.00%
Research and Development Expenses $17.50M $16.78M $26.39M $31.54M $21.96M $38.58M $47.10M $44.21M $57.06M $115.46M $82.49M $88.21M $59.39M $57.64M $39.32M $90.00M $18.92M $14.64M $19.29M $-
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $2.83M $471.00K $381.00K $451.00K
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $5.58M $2.94M $3.70M $-
Selling General and Administrative Expenses $22.60M $21.80M $32.87M $28.10M $24.93M $30.42M $29.85M $36.43M $48.83M $55.15M $55.62M $50.66M $45.51M $44.62M $55.63M $35.71M $8.40M $3.41M $4.08M $451.00K
Other Expenses $19.81M $- $-57.44M $1.74M $-466.00K $226.00K $4.58M $2.53M $3.45M $2.89M $2.68M $64.00K $334.00K $-85.00K $-89.00K $8.00K $-155.00K $113.00K $-6.00K $-
Operating Expenses $59.74M $38.59M $59.26M $59.64M $48.38M $73.56M $81.53M $83.17M $109.34M $173.50M $140.79M $141.48M $107.01M $104.35M $97.07M $127.66M $29.07M $19.81M $25.06M $451.00K
Cost and Expenses $59.91M $43.80M $62.65M $64.32M $49.29M $73.56M $81.53M $83.17M $109.34M $173.50M $140.79M $141.48M $107.01M $104.35M $97.07M $127.66M $29.74M $19.81M $25.06M $451.00K
Interest Income $- $- $- $- $- $- $- $- $- $- $- $24.00K $- $- $11.00K $- $- $- $- $-
Interest Expense $2.40M $1.55M $5.62M $1.22M $4.20M $2.26M $296.00K $60.00K $2.18M $19.00K $29.00K $24.00K $33.00K $34.00K $11.00K $14.00K $- $- $5.83M $-
Depreciation and Amortization $3.75M $3.46M $3.39M $3.21M $1.50M $5.40M $5.40M $3.37M $4.00M $3.42M $3.12M $2.88M $2.65M $2.90M $1.54M $1.95M $1.74M $1.76M $1.69M $-
EBITDA $9.41M $-45.00K $-101.67M $-25.23M $-106.28M $-63.21M $-85.04M $-76.80M $-111.53M $-173.50M $-122.22M $-135.24M $-107.01M $-104.35M $-97.07M $-10.17M $-25.45M $-18.05M $-23.38M $-451.00K
EBITDA Ratio 1055.89% -7.44% 0.00% -16552.04% -9198.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -5574.75% 0.00% 0.00% 0.00% 0.00% -1195.80% 0.00% 0.00% 0.00%
Operating Income $-59.19M $-43.19M $-62.65M $-63.96M $-48.77M $-73.56M $-81.53M $-83.17M $-109.34M $-173.50M $-140.79M $-141.48M $-107.01M $-104.35M $-97.07M $-127.66M $-27.19M $-19.81M $-25.06M $-451.00K
Operating Income Ratio -6643.32% -7139.17% 0.00% -17426.98% -9396.72% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -5548.24% 0.00% 0.00% 0.00% 0.00% -1066.12% 0.00% 0.00% 0.00%
Total Other Income Expenses Net $62.45M $38.23M $-48.04M $35.51M $-63.20M $2.69M $-9.20M $2.94M $-8.37M $9.11M $15.42M $3.37M $26.13M $-8.21M $81.84M $115.37M $3.80M $-3.43M $-5.83M $1.39M
Income Before Tax $3.26M $-4.96M $-110.69M $-28.45M $-111.97M $-70.87M $-90.73M $-80.23M $-117.70M $-164.39M $-125.37M $-138.11M $-80.88M $-112.55M $-15.23M $-12.29M $-23.39M $-23.24M $-30.89M $943.00K
Income Before Tax Ratio 365.66% -819.83% 0.00% -7750.68% -21574.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -5416.16% 0.00% 0.00% 0.00% 0.00% -917.25% 0.00% 0.00% 0.00%
Income Tax Expense $- $- $3.35M $-10.76M $3.73M $-2.47M $9.50M $-3.00M $8.37M $-9.11M $-15.42M $-3.37M $-26.13M $8.21M $-81.84M $2.00K $-3.80M $3.43M $5.83M $275.00K
Net Income $3.26M $-4.96M $-110.69M $-28.45M $-111.97M $-70.87M $-100.23M $-77.23M $-126.07M $-155.28M $-109.95M $-138.11M $-80.88M $-112.55M $-15.23M $-12.30M $-23.39M $-23.24M $-30.89M $668.00K
Net Income Ratio 365.66% -819.83% 0.00% -7750.68% -21574.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -5416.16% 0.00% 0.00% 0.00% 0.00% -917.25% 0.00% 0.00% 0.00%
EPS $0.03 $-0.09 $-2.18 $-0.87 $-4.15 $-3.22 $-5.51 $-5.45 $-0.46 $-0.64 $-0.47 $-0.60 $-0.35 $-0.50 $-0.07 $-0.08 $-0.20 $-0.28 $-0.37 $0.02
EPS Diluted $0.02 $-0.09 $-2.18 $-0.87 $-4.15 $-3.22 $-5.51 $-5.45 $-0.46 $-0.64 $-0.47 $-0.60 $-0.35 $-0.50 $-0.07 $-0.08 $-0.20 $-0.28 $-0.37 $0.09
Weighted Average Shares Outstanding 79.39M 69.62M 50.75M 32.74M 27.01M 21.98M 18.18M 14.18M 275.45M 242.77M 233.66M 231.28M 228.48M 226.93M 224.79M 158.44M 116.29M 83.74M 82.44M 30.02M
Weighted Average Shares Outstanding Diluted 93.00M 69.62M 50.75M 32.74M 27.01M 21.98M 18.18M 14.18M 275.45M 242.77M 233.66M 231.28M 228.48M 226.93M 224.79M 158.44M 116.29M 83.74M 82.44M 7.50M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Cash and Cash Equivalents $10.30M $36.59M $224.72M $702.42M $29.01M
Short Term Investments $- $3.75M $7.03M $- $307.34M
Cash and Short Term Investments $10.30M $36.59M $224.72M $702.42M $29.01M
Net Receivables $- $3.43M $30.44M $- $-
Inventory $6.15M $2.95M $-27.67M $- $-
Other Current Assets $16.10M $9.35M $36.15M $6.46M $2.25M
Total Current Assets $32.55M $52.32M $291.31M $708.88M $31.26M
Property Plant Equipment Net $413.34M $350.73M $216.54M $43.34M $39.55M
Goodwill $- $- $- $- $-
Intangible Assets $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $-
Long Term Investments $- $60.77M $- $- $307.34M
Tax Assets $- $- $- $128.20M $-
Other Non-Current Assets $96.11M $32.65M $15.23M $-126.96M $-306.07M
Total Non-Current Assets $509.45M $444.15M $231.77M $44.59M $40.82M
Other Assets $- $- $- $- $-
Total Assets $542.00M $496.47M $523.07M $753.47M $72.08M
Account Payables $65.31M $103.19M $52.27M $17.24M $2.26M
Short Term Debt $54.27M $34.83M $788.00K $444.00K $368.00K
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $64.88M $80.26M $83.14M $10.18M $7.77M
Total Current Liabilities $184.45M $218.28M $136.19M $27.87M $10.39M
Long Term Debt $71.44M $38.61M $13.83M $20.20M $99.76M
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $36.54M $3.01M $29.06M $133.54M $17.80M
Total Non-Current Liabilities $107.98M $41.62M $42.88M $153.75M $117.55M
Other Liabilities $- $- $- $- $-
Total Liabilities $292.43M $259.90M $179.07M $181.62M $127.95M
Preferred Stock $5.61M $- $- $- $-
Common Stock $85.00K $35.00K $24.00K $24.00K $11.00K
Retained Earnings $-1.48B $-1.18B $-692.13M $-348.49M $-258.68M
Accumulated Other Comprehensive Income Loss $- $- $- $- $-
Other Total Stockholders Equity $1.73B $1.42B $1.04B $917.19M $263.66M
Total Stockholders Equity $249.58M $236.57M $344.00M $571.86M $-55.87M
Total Equity $249.58M $236.57M $344.00M $571.86M $-55.87M
Total Liabilities and Stockholders Equity $542.00M $496.47M $523.07M $753.47M $72.08M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $542.00M $496.47M $523.07M $753.47M $72.08M
Total Investments $60.77M $3.75M $7.03M $- $307.34M
Total Debt $89.99M $73.44M $13.83M $20.20M $100.12M
Net Debt $79.69M $36.85M $-210.90M $-682.22M $71.12M


Balance Sheet Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Cash and Cash Equivalents $1.53M $4.51M $7.64M $10.30M $8.26M $4.99M $6.71M $36.59M $6.82M $33.80M $104.93M $224.72M $414.90M $563.57M $641.92M $702.42M $148.84M $613.00K $801.00K $1.12M
Short Term Investments $- $- $- $- $- $- $- $3.75M $2.98M $2.68M $4.33M $7.03M $- $- $- $- $306.57M $308.80M $309.16M $307.34M
Cash and Short Term Investments $1.53M $4.51M $7.64M $10.30M $8.26M $4.99M $6.71M $36.59M $9.79M $36.48M $109.25M $224.72M $414.90M $563.57M $641.92M $702.42M $148.84M $309.41M $309.96M $308.46M
Net Receivables $786.00K $- $- $- $- $3.79M $- $3.43M $- $- $- $30.44M $- $- $- $- $- $- $- $-
Inventory $9.91M $9.30M $6.80M $6.15M $5.68M $5.31M $5.11M $2.95M $1.28M $- $- $-27.67M $- $- $- $- $- $- $- $-
Other Current Assets $17.78M $19.54M $17.95M $16.10M $18.84M $11.41M $15.18M $9.35M $32.31M $36.77M $37.82M $36.15M $15.96M $26.69M $31.28M $6.46M $50.00K $51.00K $106.00K $50.00K
Total Current Assets $28.98M $33.35M $32.39M $32.55M $32.79M $25.50M $27.00M $52.32M $40.41M $70.57M $142.75M $291.31M $430.86M $576.91M $657.56M $708.88M $154.28M $664.00K $907.00K $1.17M
Property Plant Equipment Net $398.93M $414.62M $416.11M $413.34M $405.62M $400.56M $367.69M $350.73M $330.44M $302.05M $250.56M $216.54M $155.37M $103.19M $59.28M $43.34M $39.24M $- $- $-
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Long Term Investments $- $60.77M $60.77M $60.77M $60.77M $60.77M $60.77M $60.77M $59.67M $10.25M $10.25M $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $128.20M $- $- $- $-
Other Non-Current Assets $95.38M $34.57M $35.40M $35.34M $35.16M $35.26M $32.66M $32.65M $14.26M $14.65M $16.40M $15.23M $28.32M $31.43M $993.00K $-126.96M $4.10M $308.80M $309.16M $307.34M
Total Non-Current Assets $494.31M $509.97M $512.28M $509.45M $501.56M $496.59M $461.12M $444.15M $404.37M $326.95M $277.21M $231.77M $183.69M $134.61M $60.27M $44.59M $43.34M $308.80M $309.16M $307.34M
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $523.29M $543.32M $544.68M $542.00M $534.35M $522.10M $488.12M $496.47M $444.79M $397.51M $419.96M $523.07M $614.55M $711.52M $717.83M $753.47M $197.62M $309.46M $310.07M $308.51M
Account Payables $81.02M $73.63M $67.77M $65.31M $78.05M $84.42M $88.83M $103.19M $96.58M $93.64M $80.93M $52.27M $63.32M $51.78M $17.79M $17.24M $3.76M $10.00K $53.00K $46.00K
Short Term Debt $46.01M $50.50M $63.29M $54.27M $37.67M $24.98M $- $34.83M $12.50M $- $- $788.00K $- $- $- $444.00K $424.00K $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $14.00K $395.00K $-
Deferred Revenue $- $- $- $- $63.41M $80.96M $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Current Liabilities $75.32M $70.89M $70.16M $64.88M $71.92M $92.95M $85.94M $80.26M $74.12M $86.09M $51.97M $83.14M $43.39M $64.47M $18.64M $10.18M $10.91M $2.54M $2.32M $2.23M
Total Current Liabilities $202.34M $195.03M $201.22M $184.45M $187.64M $202.36M $174.78M $218.28M $183.19M $179.73M $132.90M $136.19M $106.71M $116.25M $36.44M $27.87M $15.09M $2.56M $2.77M $2.28M
Long Term Debt $33.16M $34.03M $34.89M $71.44M $81.36M $37.31M $38.08M $38.61M $27.53M $25.32M $25.76M $13.83M $14.03M $13.94M $21.06M $20.20M $20.34M $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $65.83M $117.96M $124.30M $36.54M $99.70M $49.69M $23.51M $3.01M $6.19M $4.12M $13.59M $29.06M $32.34M $58.10M $50.05M $133.54M $540.25M $10.18M $10.18M $10.18M
Total Non-Current Liabilities $98.99M $152.00M $159.19M $107.98M $181.06M $86.99M $61.58M $41.62M $33.72M $29.44M $39.35M $42.88M $46.37M $72.04M $71.12M $153.75M $560.59M $10.18M $10.18M $10.18M
Other Liabilities $- $-0.00B $-0.00B $-0.00B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $301.33M $347.02M $360.41M $292.43M $368.69M $289.35M $236.36M $259.90M $216.91M $209.17M $172.25M $179.07M $153.08M $188.29M $107.56M $181.62M $575.68M $12.74M $12.95M $12.46M
Preferred Stock $8.78M $7.55M $6.47M $5.61M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $9.00K $7.00K $6.00K $85.00K $65.00K $56.00K $47.00K $35.00K $29.00K $26.00K $24.00K $24.00K $24.00K $24.00K $24.00K $24.00K $286.73M $291.72M $292.12M $291.05M
Retained Earnings $-1.59B $-1.60B $-1.59B $-1.48B $-1.45B $-1.34B $-1.27B $-1.18B $-1.10B $-981.89M $-817.50M $-692.13M $-554.02M $-473.14M $-360.59M $-348.49M $-378.22M $1.83M $2.23M $1.16M
Accumulated Other Comprehensive Income Loss $- $- $-6.47M $-5.61M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Total Stockholders Equity $1.81B $1.79B $1.77B $1.73B $1.62B $1.57B $1.52B $1.42B $1.33B $1.17B $1.07B $1.04B $1.02B $996.35M $970.84M $920.32M $-286.57M $-288.55M $-289.35M $-287.21M
Total Stockholders Equity $221.96M $196.30M $184.26M $249.58M $165.65M $232.75M $251.75M $236.57M $227.87M $188.34M $247.71M $344.00M $461.47M $523.24M $610.28M $571.86M $-378.06M $5.00M $5.00M $5.00M
Total Equity $221.96M $196.30M $184.26M $249.58M $165.65M $232.75M $251.75M $236.57M $227.87M $188.34M $247.71M $344.00M $461.47M $523.24M $610.28M $571.86M $-378.06M $5.00M $5.00M $5.00M
Total Liabilities and Stockholders Equity $523.29M $543.32M $544.68M $542.00M $534.35M $522.10M $488.12M $496.47M $444.79M $397.51M $419.96M $523.07M $614.55M $711.52M $717.83M $753.47M $197.62M $309.46M $310.07M $17.46M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $523.29M $543.32M $544.68M $542.00M $534.35M $522.10M $488.12M $496.47M $444.79M $397.51M $419.96M $523.07M $614.55M $711.52M $717.83M $753.47M $197.62M $309.46M $310.07M $17.46M
Total Investments $- $60.77M $60.77M $60.77M $60.77M $60.77M $60.77M $3.75M $2.98M $2.68M $4.33M $7.03M $- $- $- $- $306.57M $308.80M $309.16M $307.34M
Total Debt $75.80M $84.54M $98.18M $89.99M $127.00M $69.92M $38.08M $73.44M $40.03M $25.32M $25.76M $13.83M $14.03M $13.94M $21.06M $20.20M $20.76M $- $- $-
Net Debt $77.63M $80.02M $90.54M $79.69M $118.74M $64.93M $31.36M $36.85M $33.22M $-8.48M $-79.17M $-210.90M $-400.87M $-549.62M $-620.86M $-682.22M $-128.07M $-613.00K $-801.00K $-1.12M

Annual Cash Flow

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Net Income $-302.02M $-487.69M $-346.77M $-89.82M $-182.36M
Depreciation and Amortization $13.84M $11.55M $8.92M $7.12M $4.73M
Deferred Income Tax $- $- $1.64M $-5.04M $-
Stock Based Compensation $30.21M $79.57M $108.36M $84.28M $1.87M
Change in Working Capital $-32.52M $6.71M $30.43M $8.55M $-148.00K
Accounts Receivables $- $- $- $- $-
Inventory $2.18M $-2.95M $- $- $-
Accounts Payables $-17.69M $3.11M $33.37M $2.49M $-370.00K
Other Working Capital $-17.00M $6.55M $-2.94M $6.06M $222.00K
Other Non Cash Items $39.35M $-10.62M $-103.40M $-112.14M $4.45M
Net Cash Provided by Operating Activities $-251.13M $-400.48M $-300.82M $-107.05M $-171.45M
Investments in Property Plant and Equipment $-67.06M $-97.27M $-136.59M $-7.56M $-22.14M
Acquisitions Net $- $- $- $- $-
Purchases of Investments $- $- $- $- $-303.15M
Sales Maturities of Investments $- $- $- $- $1.34M
Other Investing Activities $- $30.44M $-26.13M $-7.56M $301.81M
Net Cash Used for Investing Activities $-67.06M $-66.83M $-162.73M $-7.56M $-22.14M
Debt Repayment $159.30M $- $-6.94M $7.02M $85.00M
Common Stock Issued $84.69M $57.66M $- $180.51M $128.00K
Common Stock Repurchased $- $-12.00K $-17.00K $-64.00K $-44.00K
Dividends Paid $- $- $- $- $-
Other Financing Activities $44.50M $232.78M $-4.43M $600.07M $120.00M
Net Cash Used Provided by Financing Activities $288.48M $290.43M $-11.39M $787.53M $205.08M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-29.72M $-176.88M $-474.93M $672.91M $11.49M
Cash at End of Period $10.30M $50.62M $227.49M $702.42M $29.51M
Cash at Beginning of Period $40.02M $227.49M $702.42M $29.51M $18.02M
Operating Cash Flow $-251.13M $-400.48M $-300.82M $-107.05M $-171.45M
Capital Expenditure $-67.06M $-97.27M $-136.59M $-7.56M $-22.14M
Free Cash Flow $-318.20M $-497.75M $-437.41M $-114.61M $-193.60M

Cash Flow Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Net Income $3.26M $-4.96M $-110.69M $-28.45M $-111.97M $-70.87M $-90.73M $-80.23M $-117.71M $-164.39M $-125.37M $-138.11M $-80.88M $-112.55M $-15.23M $-12.30M $-23.39M $-23.24M $-30.89M $-1.92M
Depreciation and Amortization $3.75M $3.36M $3.39M $3.21M $1.50M $4.56M $4.58M $2.53M $3.45M $2.89M $2.68M $2.60M $2.11M $2.08M $2.12M $1.95M $1.74M $1.76M $1.69M $-
Deferred Income Tax $- $- $- $-18.61M $58.39M $-4.67M $- $- $- $- $- $- $- $- $1.64M $- $-5.04M $9.00K $- $-
Stock Based Compensation $1.65M $1.13M $10.95M $6.75M $6.91M $6.71M $9.84M $18.59M $19.53M $20.77M $20.68M $18.60M $19.10M $25.51M $45.15M $83.22M $319.00K $351.00K $389.00K $-10.06M
Change in Working Capital $348.00K $1.44M $-1.79M $-8.92M $-22.18M $-1.50M $89.00K $-9.82M $-12.03M $31.86M $-3.30M $-281.00K $13.09M $21.11M $-3.49M $381.00K $3.49M $2.38M $2.30M $-5.00K
Accounts Receivables $- $- $- $-18.90M $20.16M $-1.27M $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Inventory $-3.11M $- $-652.00K $-2.29M $-738.00K $-207.00K $-2.15M $-1.67M $-1.28M $- $- $- $- $- $- $- $- $- $- $-
Accounts Payables $9.49M $724.00K $770.00K $-3.15M $-20.16M $1.27M $4.35M $-9.69M $-16.17M $28.98M $-1.13M $9.45M $22.75M $-2.47M $3.63M $1.41M $2.08M $-1.17M $169.00K $41.00K
Other Working Capital $-6.03M $715.00K $-1.91M $-3.48M $-21.45M $-1.29M $-2.20M $1.54M $5.42M $2.88M $-2.17M $-9.73M $-9.66M $23.58M $-7.12M $-1.03M $1.41M $3.55M $2.13M $5.00K
Other Non Cash Items $-35.52M $-36.87M $68.23M $-13.69M $5.48M $3.45M $9.02M $-1.69M $14.46M $-8.36M $-15.03M $-3.01M $-25.23M $8.98M $-84.14M $-115.21M $111.00K $139.00K $2.81M $7.23M
Net Cash Provided by Operating Activities $-26.52M $-35.90M $-47.52M $-59.70M $-61.89M $-62.33M $-67.22M $-70.61M $-92.30M $-117.23M $-120.34M $-120.19M $-71.80M $-54.87M $-53.95M $-41.96M $-22.78M $-18.61M $-23.71M $-4.76M
Investments in Property Plant and Equipment $-2.81M $-2.00M $-4.92M $-21.69M $-11.47M $-15.47M $-18.43M $-8.45M $-23.40M $-36.98M $-28.44M $-62.62M $-45.32M $-16.55M $-12.11M $-6.35M $-230.00K $-241.00K $-738.00K $-
Acquisitions Net $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $- $- $- $- $- $- $- $-30.44M $- $- $30.44M $-136.59M $-26.13M $- $- $-7.56M $- $- $- $1.34M
Net Cash Used for Investing Activities $-2.81M $-2.00M $-4.92M $-21.69M $-11.47M $-15.47M $-18.43M $-8.45M $-23.40M $-36.98M $2.00M $-62.62M $-71.46M $-16.55M $-12.11M $-6.35M $-230.00K $-241.00K $-738.00K $1.34M
Debt Repayment $-886.00K $13.21M $49.71M $160.25M $62.42M $45.12M $- $- $- $- $- $- $- $-6.94M $- $-180.44M $- $17.27M $15.00M $-
Common Stock Issued $3.68M $-78.00K $78.00K $-866.00K $3.23M $52.12M $51.08M $49.26M $- $- $8.40M $- $- $- $- $180.50M $- $- $- $-
Common Stock Repurchased $- $- $- $- $- $- $- $-3.00K $-3.00K $-3.00K $-3.00K $7.00K $-3.00K $-2.00K $-2.00K $-37.00K $-2.00K $-25.00K $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-181.26M $- $- $- $-
Other Financing Activities $23.50M $25.55M $78.00K $-79.80M $14.26M $-21.10M $56.08M $59.90M $88.64M $83.16M $1.07M $-6.00M $-3.99M $- $5.56M $782.63M $153.86M $22.00K $- $-45.00K
Net Cash Used Provided by Financing Activities $26.30M $38.75M $49.78M $79.58M $76.69M $76.14M $56.08M $109.16M $88.64M $83.16M $9.47M $-6.01M $-3.99M $-6.95M $5.56M $601.40M $153.86M $17.27M $15.00M $-45.00K
Effect of Forex Changes on Cash $- $- $- $-79.58M $3.58M $-156.03M $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $- $854.00K $-2.66M $-1.81M $3.33M $-1.66M $-29.57M $30.09M $-27.05M $-71.05M $-108.87M $-188.82M $-147.25M $-78.36M $-60.50M $553.09M $130.85M $-1.58M $-9.45M $-215.00K
Cash at End of Period $16.07M $8.50M $7.64M $10.30M $22.71M $19.38M $21.04M $50.62M $20.52M $47.58M $118.62M $227.49M $416.31M $563.57M $641.92M $702.42M $149.34M $18.48M $20.06M $1.12M
Cash at Beginning of Period $8.50M $7.64M $10.30M $12.11M $19.38M $21.04M $50.62M $20.52M $47.58M $118.62M $227.49M $416.31M $563.57M $641.92M $702.42M $149.34M $18.48M $20.06M $29.51M $1.34M
Operating Cash Flow $-26.52M $-35.90M $-47.52M $-59.70M $-61.89M $-62.33M $-67.22M $-70.61M $-92.30M $-117.23M $-120.34M $-120.19M $-71.80M $-54.87M $-53.95M $-41.96M $-22.78M $-18.61M $-23.71M $-4.76M
Capital Expenditure $-2.81M $-2.00M $-4.92M $-21.69M $-11.47M $-15.47M $-18.43M $-8.45M $-23.40M $-36.98M $-28.44M $-62.62M $-45.32M $-16.55M $-12.11M $-6.35M $-230.00K $-241.00K $-738.00K $-
Free Cash Flow $-29.33M $-37.90M $-52.44M $-81.39M $-73.36M $-77.80M $-85.65M $-79.06M $-115.69M $-154.21M $-148.78M $-182.81M $-117.13M $-71.42M $-66.06M $-48.31M $-23.01M $-18.85M $-24.45M $-4.76M


Canoo Stock Forecast

Analyst ratings, price targets, and earnings estimates for GOEV.

GOEV Analyst Ratings

Strong Buy

Buy
4
Hold
1
Sell
0

Based on 5 analysts in the past 3 months

GOEV Stock 12 Month Forecast

$3.00

▲ (710.81% Upside)
Highest Price Target
$ (0.0%)
Average Price Target
$3.00 (710.8%)
Lowest Price Target
$ (0.0%)

Based on 3 analysts in the last year

Recent Price Targets
Recommendation Trends
Analyst Estimates
Revenue Estimates
High $3.21M
Average $3.21M
Low $3.21M
2 analysts
Net Income Estimates
High $-566.18M
Average $-566.18M
Low $-566.18M
2 analysts
EPS Estimates
High $-22.60
Average $-22.60
Low $-22.60
2 analysts
Revenue Estimates
High $86.32M
Average $86.32M
Low $86.32M
3 analysts
Net Income Estimates
High $-46.71M
Average $-239.90M
Low $-1.78B
3 analysts
EPS Estimates
High $-1.86
Average $-25.20
Low $-71.19
3 analysts
Revenue Estimates
High $210.46M
Average $207.72M
Low $204.97M
2 analysts
Net Income Estimates
High $-45.26M
Average $-236.07M
Low $-1.12B
2 analysts
EPS Estimates
High $-1.81
Average $-23.20
Low $-44.59
2 analysts
Revenue Estimates
High $427.51M
Average $427.51M
Low $427.51M
1 analysts
Net Income Estimates
High $-516.07M
Average $-516.07M
Low $-516.07M
1 analysts
EPS Estimates
High $-20.60
Average $-20.60
Low $-20.60
1 analysts
Latest Price Target Updates
Date Analyst Firm Price Target Price When Posted Upside
Aug 15, 2024 Craig Irwin Roth Capital $1.50 $1.41 6.4%
May 15, 2024 Jaime Perez R.F. Lafferty $3.00 $2.58 16.3%
Apr 18, 2024 Stephen Gengaro Stifel Nicolaus $4.50 $2.86 57.3%

Canoo Dividends

Explore Canoo's dividend history, including dividend yield, payout ratio, and historical payments.

Canoo does not currently pay a dividend.

Peers: Auto - Manufacturers

This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.

Company Market Cap Price EPS P/E Ratio P/B Ratio
 Logo
$- $ $ $ $
LCID Logo
Lucid Group, Inc.
LCID
$8.70B $2.89 $-1.36 $-3.10 $1.81
RIDE Logo
Lordstown Motors Corp.
RIDE
$19.80M $2.20 $-21.52 $-0.07 $1.65
RIVN Logo
Rivian Automotive, Inc.
RIVN
$12.96B $12.80 $-5.74 $-4.09 $2.43
PSNY Logo
Polestar Automotive Holding UK PLC
PSNY
$2.32B $1.07 $-0.57 $-3.96 $-3.75
MULN Logo
Mullen Automotive, Inc.
MULN
$16.00M $0.26 $-1425.61 $0.00 $-0.04
ARVL Logo
Arrival
ARVL
$9.00M $0.49 $-113.21 $-2.88 $3.07
HYZN Logo
Hyzon Motors Inc.
HYZN
$4.97M $0.64 $-0.75 $-59.52 $83.82
Current Reports (8-K)
Ownership
Proxy Statements