Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers. The company was founded in 2019 and is based in Lordstown, Ohio.

Lordstown Motors Corp.

Our missions is to accelerate EV adoption, and that starts with our first vehicle; the all-electric Endurance™ pickup truck.

#WorkForIt #Ride #RideWithLordstown

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Foxconn

E Squared Capital Management

Lordstown Motors

“I am very proud of the Lordstown Motors and Foxconn EV Ohio team for their hard work, grit, and tenacity in achieving this milestone. We are very excited to start delivering vehicles to our commercial fleet customers.”
– CEO & President, Edward Hightower
 
READ: https://bit.ly/3GTRIWw

“Amerit is a perfect fit with Lordstown because they are a well established service provider to the fleet and commercial industry with experience in the service and maintenance of EVs." - CEO & President, Edward T. Hightower.

Learn more about our partnership with Amerit Fleet Solutions: https://bit.ly/3mNeYhp

“Businesses need EVs to meet specific needs. Needs that require innovative solutions. We believe creating a solution demands an innovative approach to an EV’s design.” – CEO & President, Edward T. Hightower.

Edward had the honor of being a speaker on the Transportation Track at SXSW where he was able to discuss and answer questions about our mission of accelerating EV adoption and how our partnership with Foxconn and MIH | Mobility in Harmony fosters that. #WorkForIt #SXSW2023

The all-electric Endurance™ is returning to NAFA in Baltimore on April 17th. #WorkForIt

LEARN MORE: https://bit.ly/3kHh7tX

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue				194K -	2.34M 1,106.19%
cost of revenue				30.02M -
gross profit				-29.83M -	2.34M 107.84%
selling and marketing expenses	4.53M -	28.79M 536.04%
general and administrative expenses	618.61K -
selling general and administrative expenses	4.53M -	28.79M 536.04%	105.36M 266.01%	138.27M 31.23%	54.41M 60.65%
research and development expenses	5.87M -	73.69M 1,156.50%	284.02M 285.40%	107.82M 62.04%	33.34M 69.07%
other expenses		2.63M -	11.11M 322.95%	788K 92.91%	171.93M 21,718.78%
cost and expenses	10.39M -	102.48M 886.25%	400.49M 290.79%	276.11M 31.06%	259.69M 5.95%
operating expenses	10.39M -	102.48M 886.25%	400.49M 290.79%	246.09M 38.55%	259.69M 5.53%
interest expense		703K -	200K 71.55%	3.21M 1,503%
ebitda	-10.39M -	-102.48M 886.25%	-389.38M 279.95%	-256.96M 34.01%	-348.90M 35.78%
operating income	-10.39M -	-102.48M 886.25%	-400.49M 290.79%	-387.30M 3.29%	-348.90M 9.92%
depreciation and amortization			11.11M -	130.35M 1,073.14%
total other income expenses net	4.55M -	1.92M 57.69%	-9.88M 613.46%	104.90M 1,161.85%	5.83M 94.44%
income before tax	-10.39M -	-100.56M 867.73%	-410.37M 308.09%	-282.40M 31.18%	-343.07M 21.48%
income tax expense	-913.05K -	703K 176.99%	-200K 128.45%	261K 230.50%	2.49M 855.56%
net income	-10.39M -	-101.26M 874.50%	-410.17M 305.06%	-282.67M 31.09%	-345.56M 22.25%
weighted average shs out	11.00M -	6.45M 41.37%	12.05M 86.86%	13.91M 15.47%	15.95M 14.61%
weighted average shs out dil	11.00M -	6.45M 41.37%	12.05M 86.86%	13.91M 15.47%	15.95M 14.61%
eps	-0.94 -	-15.70 1,570.21%	-34.04 116.82%	-20.32 40.31%	-21.67 6.64%
epsdiluted	-0.94 -	-15.70 1,570.21%	-34.04 116.82%	-20.32 40.31%	-21.67 6.64%

COM:LORDSTOWNMOTORS

Lordstown Motors Corp

Last Close

2.20

17/09 20:00

Market Cap

36.95M

Beta: -

Volume Today

1.33M

Avg: -

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