Canoo Gross Profit from 2010 to 2024

GOEV Stock

USD 0.42 0.03 6.67%

Canoo Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Canoo Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

-15.3 M

Current Value

-14.6 M

Quarterly Volatility

6.2 M

Credit Downgrade

Yuan Drop

Covid

Check Canoo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Tax Provision of 0.0 or Depreciation And Amortization of 11.2 M, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Valuation or Volatility modules.

Check out the analysis of Canoo Correlation against competitors.

Latest Canoo's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Canoo Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of Canoo Inc minus its cost of goods sold. It is profit before Canoo operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Canoo's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canoo's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 1.88 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Canoo Gross Profit Regression Statistics

	Arithmetic Mean	(2,669,630)
	Geometric Mean	0.00
	Coefficient Of Variation	(232.81)
	Mean Deviation	4,772,741
	Median	0.00
	Standard Deviation	6,215,119
	Sample Variance	38.6T
	Range	17.2M
	R-Value	(0.64)
	Mean Square Error	24.4T
	R-Squared	0.41
	Significance	0.01
	Slope	(894,008)
	Total Sum of Squares	540.8T

Canoo Gross Profit History

	2024	-14.6 M
	2023	-15.3 M
	2022	-13.9 M
	2020	1.9 M

Other Fundumenentals of Canoo Inc

Gross Profit Margin

Canoo Gross Profit component correlations

	Net Tangible Assets	Retained Earnings	Accounts Payable	Total Current Assets	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Long Term Debt	Short Term Investments	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Net Receivables	Capital Surpluse	Short Long Term Debt
Net Tangible Assets		-0.66	0.64	0.79	0.59	0.99	0.99	-0.77	-0.93	-0.94	0.71	0.99	0.79	0.47	0.45	0.56	0.44	0.56	-0.33
Retained Earnings	-0.66		-0.87	-0.07	-0.99	-0.76	-0.65	0.03	0.87	0.86	-0.96	-0.66	-0.93	0.34	-0.94	-0.93	-0.28	-0.94	0.75
Accounts Payable	0.64	-0.87		0.11	0.88	0.72	0.62	-0.08	-0.83	-0.83	0.91	0.61	0.91	-0.3	0.74	0.65	0.39	0.8	-0.37
Total Current Assets	0.79	-0.07	0.11		-0.01	0.69	0.79	-1.0	-0.53	-0.54	0.17	0.79	0.28	0.91	-0.14	0.02	0.29	-0.02	0.12
Property Plant Equipment	0.59	-0.99	0.88	-0.01		0.71	0.6	0.05	-0.84	-0.83	0.94	0.6	0.9	-0.42	0.94	0.92	0.32	0.94	-0.76
Total Assets	0.99	-0.76	0.72	0.69	0.71		0.99	-0.67	-0.97	-0.98	0.8	0.99	0.86	0.34	0.59	0.67	0.4	0.66	-0.45
Total Stockholder Equity	0.99	-0.65	0.62	0.79	0.6	0.99		-0.77	-0.93	-0.94	0.7	1.0	0.77	0.47	0.46	0.57	0.43	0.55	-0.38
Net Debt	-0.77	0.03	-0.08	-1.0	0.05	-0.67	-0.77		0.5	0.51	-0.14	-0.77	-0.26	-0.92	0.17	0.02	-0.27	0.06	-0.15
Long Term Debt	-0.93	0.87	-0.83	-0.53	-0.84	-0.97	-0.93	0.5		1.0	-0.88	-0.93	-0.92	-0.13	-0.7	-0.75	-0.48	-0.78	0.53
Short Term Investments	-0.94	0.86	-0.83	-0.54	-0.83	-0.98	-0.94	0.51	1.0		-0.88	-0.93	-0.92	-0.14	-0.69	-0.75	-0.47	-0.78	0.52
Total Liab	0.71	-0.96	0.91	0.17	0.94	0.8	0.7	-0.14	-0.88	-0.88		0.71	0.99	-0.24	0.89	0.87	0.21	0.92	-0.61
Net Invested Capital	0.99	-0.66	0.61	0.79	0.6	0.99	1.0	-0.77	-0.93	-0.93	0.71		0.77	0.47	0.48	0.59	0.38	0.56	-0.4
Capital Stock	0.79	-0.93	0.91	0.28	0.9	0.86	0.77	-0.26	-0.92	-0.92	0.99	0.77		-0.12	0.81	0.8	0.3	0.9	-0.51
Net Working Capital	0.47	0.34	-0.3	0.91	-0.42	0.34	0.47	-0.92	-0.13	-0.14	-0.24	0.47	-0.12		-0.49	-0.32	0.1	-0.39	0.36
Short Term Debt	0.45	-0.94	0.74	-0.14	0.94	0.59	0.46	0.17	-0.7	-0.69	0.89	0.48	0.81	-0.49		0.96	0.01	0.89	-0.86
Common Stock	0.56	-0.93	0.65	0.02	0.92	0.67	0.57	0.02	-0.75	-0.75	0.87	0.59	0.8	-0.32	0.96		0.12	0.9	-0.92
Net Receivables	0.44	-0.28	0.39	0.29	0.32	0.4	0.43	-0.27	-0.48	-0.47	0.21	0.38	0.3	0.1	0.01	0.12		0.36	-0.01
Capital Surpluse	0.56	-0.94	0.8	-0.02	0.94	0.66	0.55	0.06	-0.78	-0.78	0.92	0.56	0.9	-0.39	0.89	0.9	0.36		-0.69
Short Long Term Debt	-0.33	0.75	-0.37	0.12	-0.76	-0.45	-0.38	-0.15	0.53	0.52	-0.61	-0.4	-0.51	0.36	-0.86	-0.92	-0.01	-0.69

Click cells to compare fundamentals

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Canoo. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	-15.3 M	-14.6 M
Gross Profit Margin	(19.90)	(18.90)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Canoo Stock Analysis

When running Canoo's price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC