Canoo Operating Income from 2010 to 2024

GOEV Stock  USD 0.38  0.01  2.70%   
Canoo Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about -281.2 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Canoo Inc generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2019-03-31
Previous Quarter
-43.2 M
Current Value
-59.2 M
Quarterly Volatility
50.6 M
 
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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Canoo Inc over the last few years. Operating Income is the amount of profit realized from Canoo Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canoo Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Canoo's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Canoo Operating Income Regression Statistics

Arithmetic Mean(229,469,997)
Coefficient Of Variation(46.83)
Mean Deviation78,380,262
Median(173,660,000)
Standard Deviation107,465,330
Sample Variance11548.8T
Range333.1M
R-Value(0.62)
Mean Square Error7667.7T
R-Squared0.38
Significance0.01
Slope(14,880,895)
Total Sum of Squares161683.2T

Canoo Operating Income History

2024-281.2 M
2023-267.8 M
2022-506.8 M
2021-449.9 M
2020-199.7 M

Other Fundumenentals of Canoo Inc

Canoo Operating Income component correlations

-0.660.640.790.590.990.99-0.77-0.93-0.940.710.990.790.470.450.560.440.56-0.33
-0.66-0.87-0.07-0.99-0.76-0.650.030.870.86-0.96-0.66-0.930.34-0.94-0.93-0.28-0.940.75
0.64-0.870.110.880.720.62-0.08-0.83-0.830.910.610.91-0.30.740.650.390.8-0.37
0.79-0.070.11-0.010.690.79-1.0-0.53-0.540.170.790.280.91-0.140.020.29-0.020.12
0.59-0.990.88-0.010.710.60.05-0.84-0.830.940.60.9-0.420.940.920.320.94-0.76
0.99-0.760.720.690.710.99-0.67-0.97-0.980.80.990.860.340.590.670.40.66-0.45
0.99-0.650.620.790.60.99-0.77-0.93-0.940.71.00.770.470.460.570.430.55-0.38
-0.770.03-0.08-1.00.05-0.67-0.770.50.51-0.14-0.77-0.26-0.920.170.02-0.270.06-0.15
-0.930.87-0.83-0.53-0.84-0.97-0.930.51.0-0.88-0.93-0.92-0.13-0.7-0.75-0.48-0.780.53
-0.940.86-0.83-0.54-0.83-0.98-0.940.511.0-0.88-0.93-0.92-0.14-0.69-0.75-0.47-0.780.52
0.71-0.960.910.170.940.80.7-0.14-0.88-0.880.710.99-0.240.890.870.210.92-0.61
0.99-0.660.610.790.60.991.0-0.77-0.93-0.930.710.770.470.480.590.380.56-0.4
0.79-0.930.910.280.90.860.77-0.26-0.92-0.920.990.77-0.120.810.80.30.9-0.51
0.470.34-0.30.91-0.420.340.47-0.92-0.13-0.14-0.240.47-0.12-0.49-0.320.1-0.390.36
0.45-0.940.74-0.140.940.590.460.17-0.7-0.690.890.480.81-0.490.960.010.89-0.86
0.56-0.930.650.020.920.670.570.02-0.75-0.750.870.590.8-0.320.960.120.9-0.92
0.44-0.280.390.290.320.40.43-0.27-0.48-0.470.210.380.30.10.010.120.36-0.01
0.56-0.940.8-0.020.940.660.550.06-0.78-0.780.920.560.9-0.390.890.90.36-0.69
-0.330.75-0.370.12-0.76-0.45-0.38-0.150.530.52-0.61-0.4-0.510.36-0.86-0.92-0.01-0.69
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About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Operating Income, 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 ReportedProjected for Next Year
Operating Income-267.8 M-281.2 M
Non Operating Income Net Other-1.3 M-1.2 M

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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.