Lightning eMotors, Inc. designs, manufactures, and sells zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the United States. It offers zero-emission class 3 to 7 battery electric and fuel cell electric vehicles. The company's vehicles comprise cargo and passenger vehicles, school buses, ambulances, shuttle buses, work trucks, city buses, and motorcoaches. It also offers charging systems and charging infrastructure solutions for commercial medium duty vans and motorcoach fleets. The company was founded in 2008 and is headquartered in Loveland, Colorado.

Lightning eMotors, Inc.

Lightning eMotors has been providing specialized and sustainable fleet solutions since 2010, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2017 – including purpose-built Class 3 cargo and passenger vans, Class 4 and 5 cargo vans and shuttle buses, Class 6 work trucks, Class 7 city buses, and Class 8 motor coaches. The Lightning eMotors team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs including school buses and ambulances, with a full suite of telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. 

	Dec '19	Dec '20	Dec '21	Dec '22
revenue	3.16M -	9.09M 187.23%	20.99M 130.99%	24.41M 16.30%
cost of revenue	4.23M -	11.09M 161.92%	26.29M 137.15%	36.25M 37.87%
gross profit	-1.07M -	-2.00M 87.00%	-5.30M 165.18%	-11.84M 123.32%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	7.12M -	10.45M 46.76%	42.85M 310.02%	51.64M 20.52%
research and development expenses	975K -	1.31M 34.26%	3.09M 135.98%	9.61M 211.23%
other expenses	240K -	-76K 131.67%	-4.20M 5,428.95%	80.87M 2,024.65%
cost and expenses	12.33M -	22.85M 85.31%	72.23M 216.16%	97.51M 34.99%
operating expenses	8.10M -	11.76M 45.26%	45.94M 290.65%	61.26M 33.34%
interest expense	575K -	2.98M 418.78%	13.37M 348.11%	14.96M 11.90%
ebitda	-9.00M -	-13.47M 49.67%	-54.57M 305.02%	9.60M 117.59%
operating income	-9.16M -	-13.76M 50.13%	-51.24M 272.42%	7.78M 115.18%
depreciation and amortization	163K -	286K 75.46%	-3.33M 1,263.64%	1.82M 154.69%
total other income expenses net	-525K -	-23.89M 4,451.24%	-49.53M 107.28%	7.39M 114.92%
income before tax	-9.69M -	-37.65M 288.58%	-100.77M 167.63%	15.17M 115.05%
income tax expense	815K -	2.91M 256.69%	9.16M 215.27%	14.96 100.00%
net income	-10.51M -	-40.56M 286.10%	-109.93M 171.04%	15.17M 113.80%
weighted average shs out	3.66M -	3.66M 0%	3.01M 17.71%	4.28M 42.06%
weighted average shs out dil	3.66M -	3.66M 0%	3.01M 17.71%	4.28M 42.06%
eps	-2.87 -	-11.08 286.06%	-36.49 229.33%	4 110.96%
epsdiluted	-2.87 -	-11.08 286.06%	-36.49 229.33%	3.20 108.77%

NYSE:ZEV

Lightning eMotors

Last Close

1.72

18/09 20:00

Market Cap

10.20M

Beta: 2.54

Volume Today

78.78K

Avg: 98.08K

PE Ratio

0.01

PFCF: −0.09

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