Canoo

Canoo, Inc. manufactures electric vehicles. It designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses. The company was founded in August 2018 and is headquartered in Torrance, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Canoo reports robust Q4 performance, eyes growth through strategic partnerships

Canoo demonstrated strong performance and financial management in Q4 2022, focusing on key milestones and growth strategies.
While challenges exist in production targets and financing, opportunities in tax credits and strategic partnerships offer avenues for expansion.
Overall, Canoo's emphasis on manufacturing, fleet sales, and financial discipline positions it well for growth and market success.

Canoo reports progress in zero-emission vehicles and capital raise strategy

Canoo's Q1 2023 earnings call highlighted progress in addressing challenges, focusing on strengths in zero-emission technology and efficient manufacturing. The company faces challenges in the traditional automotive industry but sees opportunities in market growth and capital raise strategies.

Canoo advances in resolving SEC matter, focuses on fleet sales

Canoo making progress in resolving SEC matter, focusing on fleet sales and manufacturing readiness.
Strong compliance activities and partnerships in place to support growth and job creation.
Challenges include capital needs for manufacturing readiness and achieving positive margins by 2025.
Opportunities lie in leveraging fleet sales focus, decreasing battery prices, and customer-centric approach.

Canoo hits manufacturing milestones and raises capital for future growth

Canoo's Q3 performance reflects significant achievements in manufacturing, revenue generation, and capital raising, positioning the company for future growth.
While facing challenges in cost efficiency and production scalability, Canoo's strategic strengths in innovation, financial management, and market positioning offer opportunities for sustained success.
The company's focus on automation, cost optimization, and strategic partnerships align with opportunities in democratizing assembly processes and leveraging labor arbitrage for enhanced profitability.

Canoo projects revenue growth in 2024 with disciplined deployment

Canoo's Q4 2023 earnings call highlighted revenue growth projections for 2024, disciplined capital deployment, and focus on quality and scalability. The company is strategically aligning with customer needs and emphasizing supply chain consistency.

Canoo (GOEV) reports strong Q1 earnings, eyes global expansion

Canoo (GOEV) showcased strong financial performance, strategic partnerships, and market expansion in Q1 2024 earnings call. Despite challenges in manufacturing and capital constraints, the company's innovative approach and focus on key markets position them for growth and success.

Canoo achieves record revenue in Q2 2024, focuses on growth

Canoo delivered strong financial performance in Q2 2024, marked by revenue growth, cost management, and improved profitability.
The company's focus on innovation, customer relationships, and operational excellence underscores its commitment to sustainable growth.
While facing challenges in capital management and operational execution, Canoo has opportunities to drive future growth through strategic initiatives.
Overall, Canoo's Q2 2024 earnings call highlights its progress, challenges, and strategic direction in the competitive electric vehicle market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Canoo, Inc. is a mobility technology company, which engages in the designing and developing of electric vehicles. It designed a multi-purpose platform to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses. The company was founded on August 6, 2018 and is headquartered in Torrance, CA.

Lucid Group

QuantumScape

Rivian Automotive

Interest rates are down, and that's helping to push EV stocks higher.

Why Electric Vehicle Stocks Are on Fire Today

Why do investors think good news is bad news for EV stocks -- and are they right?

Why Rivian, Lucid, and Canoo Stocks Keep Dropping

JUSTIN, Texas , Feb. 1, 2023 /PRNewswire/ -- The Defense Innovation Unit awarded Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, a contract to supply battery modules for analysis and demonstration. This award supports the U.S. Department of Defense focus to incorporate scalable and adaptable capabilities in tactical environments.

U.S. DEPARTMENT OF DEFENSE AWARDS CANOO BATTERY MODULE CONTRACT FOR ADVANCED TESTING

Arrival Group

Faraday Future Intelligent Electric

GreenPower Motor Co.

Mullen Automotive

Electrameccanica

The electric vehicle industry is back on the upswing. In fact, after a dismal 2022, EV stocks saw far stronger returns in Jan. Industry leader Tesla (NASDAQ: TSLA ), for example, has seen its stock price run up more than 50% over the past month.

7 Sorry EV Stocks to Sell in February Before It's Too Late

Through no fault of its own, the company got quite the cold shoulder from the market.

Why Canoo Stock Dived Today by Almost 12%

After two years, the company is finally replacing the interim CFO.

Why Shares of Canoo Are Rocketing Higher Today

Gossamer Bio Inc

Rite Aid

Sana Biotechnology

Are these penny stocks ready to squeeze? The post 4 Penny Stocks To Watch With High Short Interest In January 2023 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

4 Penny Stocks To Watch With High Short Interest In January 2023

JUSTIN, Texas, Jan. 26, 2023 /PRNewswire/ --  Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today named Ken Manget, Chief Financial Officer.  Reporting directly to Canoo Chairman and CEO, Tony Aquila, Manget will be responsible for Capital Markets, Investor Relations, Accounting & Financial Reporting.

Canoo Appoints Ken Manget Chief Financial Officer

The EV sector is starting to mature enough for one widely followed analyst to begin picking winners and losers.

Why Rivian and Lucid Stocks Dropped, but Canoo Soared Today

Shares of Canoo (NASDAQ: GOEV ) are trending and up nearly 10% today on news that the electric vehicle (EV) startup has struck an exclusive distribution agreement for its cars in Saudi Arabia. Torrance, California-based Canoo has been given a financial lifeline by the Olayan Group, which has agreed to distribute its EVs within Saudi Arabia.

Why Is Canoo (NASDAQ:GOEV) Stock Up 10% Today?

JUSTIN, Texas and RIYADH, Saudi Arabia , Jan. 25, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, today signed an exclusive agreement with GCC Olaya n (General Contracting Company) a leading multi-national subsidiary of Olayan Saudi Holding Company (OSHCO), for sale, service, and distribution of Canoo fleet solutions in Saudi Arabia. GCC Olayan has been a distributor of premier brands in Saudi Arabia for more than 75 years and is the founding company of the global Olayan Group.

Canoo Announces Definitive Partnership Agreement with GCC Olayan as Exclusive Distributor of its Electric Vehicles in Saudi Arabia

Carvana

Hyzon Motors

EV and used car stocks are falling as their prospects get dimmer by the day.

Why Auto Stocks Dropped Like a Rock Today

Blue Apron

Bed Bath & Beyond

Opendoor

Peloton

Vroom

Wayfair

Generally speaking, Americans consider themselves an optimistic bunch. As a result, the topic of stocks to sell can draw anger.

7 Stocks That Will Succumb to the Bear Market in 2023

What's being perceived as bad news for Tesla may actually be bad news for its competitors instead.

Why Nio and Lucid Dropped, but Canoo Gained Today

The upstart electric vehicle company will have to address its liquidity issues this year.

Down 85% in This Bear Market, Can Canoo Recover in 2023?

Tesla

An analyst note about Tesla seemed to perk up the whole EV market.

Why EV Stocks Charged Higher on Monday

Bayerische Motoren Werke AG

Ford Motor Company

General Motors

Nissan Motor Co Ltd

Volkswagen AG

Falling stock prices don't automatically mean value.

Is Now the Time to Buy Electric Vehicle Stocks?

AST SpaceMobile

180 Life Sciences 

Cosmos Holdings

IMARA

Marathon Digital Holdings

Redfin

Short squeeze penny stocks to watch this week. The post Penny Stocks To Buy This Week?

Penny Stocks To Buy This Week? 7 Short Squeeze Stocks To Watch

Investors are growing more and more concerned over the demand picture for electric vehicles.

Why Rivian, Lucid, and Canoo Stocks Sank Today

Apple

AYRO

Amplify Lithium & Battery Technology ETF

Baidu

Blue Bird

Blink Charging

BYD Company Limited

Envirotech Vehicles Inc

First Trust China AlphaDEX Fund

Fisker Inc

Subaru Corp

Arcimoto

Geely Automobile Holdings Ltd

Honda

Hyliion

Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produced worldwide.

EV Company News For The Month Of December 2022

Short Squeeze Penny Stocks To Watch At The Start Of 2023. The post Penny Stocks To Buy This Week?

Penny Stocks To Buy This Week? 4 Short Squeeze Stocks To Watch

Tax credits that should boost demand for electric delivery vehicles are just days away.

Why EV Start-up Canoo's Shares Popped Today

In a 58-page lawsuit filed December 22, EV startup Canoo alleges several former employees stole intellectual property for their new company.

EV startup Canoo claims former execs joined the company just so they could steal its secrets — and launch a rival automaker

The potential incentive is nice, but it won't make a meaningful impact on Canoo's future.

Why EV Maker Canoo Shares Jumped Today

ChargePoint Holdings

Like other speculative growth plays, most electric vehicle, or EV stocks, peaked in price at some point in 2021. Since then, most companies operating in this fast-growing sector have declined substantially in 2022.

7 EV Stocks to Sell Before They Dead End

News for Canoo Stock (GOEV)