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 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

Earnings data Q4 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.

Canoo reports record revenue, focuses on fleet market expansion

Canoo's Q3 2024 performance showcased record revenue, improved EBITDA, and successful capital raising efforts. The company's strategic shifts towards fleet customers and cost optimization demonstrate adaptability and focus. While facing industry challenges and organizational changes, Canoo is positioning itself for production ramp-up and growth through market expansion and funding strategies.

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.

Los Angeles, California--(Newsfile Corp. - May 21, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. ("Canoo" or "the Company") (NASDAQ: GOEV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 18, 2020 and March 29, 2021, inclusive (the...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

SAN FRANCISCO, May 21, 2021 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of shareholders of Canoo Inc. (NASDAQ: GOEV) relating to possible false and misleading statements to investors by officers and directors. After the market closed on March 29, 2021, and contrary to prior statements by Canoo, the company revealed that it was radically changing its business model by no longer focusing on selling vehicles through a subscription model and de-emphasizing the engineering services line.

SHAREHOLDER ALERT: Canoo Inc. (GOEV) Directors and Officers Under Investigation for False and Misleading Statements

San Francisco, California--(Newsfile Corp. - May 20, 2021) -  Hagens Berman urges Canoo Inc. f/k/a Hennessy Capital Acquisition Corp. IV (NASDAQ: GOEV) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims. Class Period: Aug. 18, 2020 - Mar. 29, 2021Lead Plaintiff Deadline: June 1, 2021 Visit: www.hbsslaw.com/investor-fraud/GOEV Contact An Attorney Now: GOEV@hbsslaw.com ...

HAGENS BERMAN Encourages Canoo (GOEV) Investors with Losses to Contact the Firm Now, Securities Fraud Class Action Filed

Radnor, Pennsylvania--(Newsfile Corp. - May 20, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds Canoo Inc. (NASDAQ: GOEV; GOEVW) ("Canoo") f/k/a Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC; HCACW; HCACU) ("Hennessy Capital") investors of approaching lead plaintiff deadline in securities fraud class action lawsuit filed on behalf of those who purchased or acquired Canoo securities between August 18, 2020 and March 29, 2021, inclusive (the "Class Period").Investor Deadline...

Investor Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Canoo Inc. (GOEV)

Nikola

Lordstown Motors

Electric vehicle (EV) stocks are taking a beating on Thursday with major names in the business seeing their shares lose value. The post EV Stocks: Why RIDE, GOEV and NKLA Stocks Are Driving Lower Today appeared first on InvestorPlace.

EV Stocks: Why RIDE, GOEV and NKLA Stocks Are Driving Lower Today

Los Angeles, California--(Newsfile Corp. - May 20, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. ("Canoo" or "the Company") (NASDAQ: GOEV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 18, 2020 and March 29, 2021, inclusive (the...

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

EV startup Canoo has seen its stock decline by about 10% over the last month and remains down by roughly 40% year-to-date. Canoo stock trades at about $7.50 per share, with its market cap standing at under $2 billion currently.

Canoo Stock Still Looks Speculative After Big Sell Off

Los Angeles, California--(Newsfile Corp. - May 19, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. ("Canoo" or "the Company") (NASDAQ: GOEV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 18, 2020 and March 29, 2021, inclusive (the...

SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Hennessy Capital

RADNOR, Pa., May 18, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Canoo Inc. (NASDAQ: GOEV; GOEVW) ("Canoo") f/k/a Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC; HCACW; HCACU) ("Hennessy Capital") shareholders of deadline in securities fraud class action lawsuit filed on behalf of those who purchased or acquired Canoo securities between August 18, 2020 and March 29, 2021 , inclusive (the "Class Period").

Canoo Inc. Class Action Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Deadline in Securities Fraud Class Action Lawsuit

New York, New York--(Newsfile Corp. - May 18, 2021) - WHY: New York, N.Y., May 18, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canoo Inc. f/k/a Hennessy Capital Acquisition Corp. IV (NASDAQ: GOEV) between August 18, 2020 and March 29, 2021, inclusive (the "Class Period"), of the important June 1, 2021 lead plaintiff deadline.SO WHAT: If you purchased Canoo securities during the Class Period you may...

GOEV Breaking Alert: Rosen, Top Ranked Investor Counsel, Encourages Canoo Inc. f/k/a Hennessy Capital Acquisition Corp. IV Investors with Losses to Secure Counsel Before Important June 1 Deadline in Securities Class Action - GOEV

San Francisco, California--(Newsfile Corp. - May 18, 2021) - Berman Tabacco's California office has filed a class action lawsuit for violations of the federal securities laws against Canoo Inc. ("Canoo" or the "Company") (f/k/a Hennessy Capital Acquisition Corp. IV) (NASDAQ: GOEV) (NASDAQ: GOEVW), and certain of its current and former officers and directors, on behalf of persons and entities who purchased or otherwise acquired publicly traded Canoo common stock and/or warrants from August 18, 2020,...

Berman Tabacco Announces June 1, 2021 Deadline for Seeking Appointment as Lead Plaintiff In Securities Class Action Lawsuit Filed Against Canoo Inc. (GOEV, GOEVW)

NEW YORK--(BUSINESS WIRE)-- #Canoo--Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Actions Against Canoo, Inc. (GOEV; GOEVW) and June 1 Deadline

Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Actions Against Canoo, Inc. (GOEV; GOEVW) and June 1 Deadline

Los Angeles, California--(Newsfile Corp. - May 18, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. ("Canoo" or "the Company") (NASDAQ: GOEV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 18, 2020 and March 29, 2021, inclusive (the...

UPCOMING DEADLINE NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Electric vehicle startup Canoo Inc (NASDAQ: GOEV) is being investigated by the U.S. Securities and Exchange Commission, the electric vehicle startup's CEO told analysts in a post-earnings call. What Happened: The Los Angeles, California-based company, which went public through a reverse merger with special purpose acquisition company Hennessy Capital Acquisition Corp, said the SEC has informed the company the current investigation is a fact-finding inquiry.

Why EV Startup Canoo Is Facing A SEC Investigation

LOS ANGELES, May 18, 2021 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. ("Canoo" or "the Company") (NASDAQ: GOEV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 18, 2020 and March 29, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before June 1, 2021.

UPCOMING DEADLINE REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Canoo's (GOEV) CEO Tony Aquila on Q1 2021 Results - Earnings Call Transcript

DALLAS, May 17, 2021 /PRNewswire/ --  Canoo Inc.  (Nasdaq: GOEV), a company developing breakthrough electric vehicles, is partnering with the University of Wisconsin-Madison to accelerate advances in electric vehicle technologies while lowering the overall cost of owning an electric vehicle. In May 2021, the two organizations signed a memorandum of understanding through which they will collaborate toward the development of a Canoo research center at UW-Madison.

Canoo & University of Wisconsin-Madison partner on next-generation electric vehicle technologies

Canoo, the Los Angeles-based electric vehicle startup that debuted on the Nasdaq public exchange earlier this year, is being investigated by the U.S. Securities and Exchange Commission, just months after its merger with special purpose acquisition company Hennessy Capital Acquisition Corp. The investigation is broad, covering the Hennessy's initial public offering and merger with Canoo, […]

Canoo is being investigated by the SEC

Shares of Canoo Inc. weaved between gains and losses in the extended session Monday after the electric-vehicle startup reported a narrower-than-expected quarterly loss. Canoo said it lost $15.2 million, or 7 cents a share, in the first quarter, compared with a loss of $30.9 million, or 37 cents a share, in the first quarter of 2020.

EV startup Canoo narrows quarterly loss, says it is 'on track' for production in 2022

San Francisco, California--(Newsfile Corp. - May 17, 2021) - Hagens Berman urges Canoo Inc. f/k/a Hennessy Capital Acquisition Corp. IV (NASDAQ: GOEV) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.Class Period: Aug. 18, 2020 - Mar. 29, 2021Lead Plaintiff Deadline: June 1, 2021Visit: www.hbsslaw.com/investor-fraud/GOEVContact An Attorney Now: GOEV@hbsslaw.com844-916-0895Canoo Inc. (NASDAQ: GOEV) Securities Fraud Class Action: Th

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Canoo (GOEV) Investors with Losses to Contact the Firm to Recover Losses Due to Alleged Securities Fraud

DALLAS, May 17, 2021 /PRNewswire/ --  Canoo Inc. (Nasdaq: GOEV) ("Canoo"), a company developing breakthrough electric vehicles ("EV") with a proprietary and highly versatile EV platform for consumer and commercial use, today announced its financial results for the first quarter results for 2021. "I am pleased with the rapid transition we have made to execute on the enhanced business strategy we announced last quarter.

Canoo Inc. Announces First Quarter 2021 Results

Today, GOEV stock is rising on news the company has opened up preorders to the public to gauge demand of its EV models. The post GOEV Stock: One Big Reason Why Canoo Is Charging Up Today appeared first on InvestorPlace.

GOEV Stock: One Big Reason Why Canoo Is Charging Up Today

Los Angeles-based electric vehicle startup Canoo is bringing its first vehicle to market next year. The company said Monday its electric microbus-slash-van will be available to buy in 2022 at a base price of $34,750 before tax incentives or add-ons.

Canoo's electric microbus will start under $35,000 when it comes to market next year

DALLAS, May 17, 2021 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough electric vehicles (EVs) has opened its reservations and is taking preorders. Starting today, the lifestyle vehicle, MPDV and pickup truck can be reserved in the United States, with a $100 deposit per vehicle at www.canoo.com/reservations.

Promises Kept - Canoo Pricing For Lifestyle Vehicle Is Accessible For Everyone

In a previous article we have argued that Canoo's differentiated go-to-market model would position it favorably in the EV space.

News for Canoo Stock (GOEV)