Polestar Automotive Holding UK PLC (PSNY) Financials

NASDAQ:PSNY

Market Cap

5.30B

Total Revenue

2.46B

Gross Profit

119.44M

Operating Income

-913.96M

Net Income

-465.79M

Metric	2019	2020	2021	2022
revenue	92,415,000	610,245,000	1,337,181,000	2,461,897,000
costOfRevenue	39,790,000	553,724,000	1,336,321,000	2,342,454,000
grossProfit	52,625,000	56,521,000	860,000	119,443,000
researchAndDevelopmentExpenses	34,386,000	183,849,000	232,922,000	170,987,000
sellingAndMarketingExpenses	--	--	--	--
generalAndAdministrativeExpenses	210,572,000	314,926,000	714,724,000	864,598,000
sellingGeneralAndAdministrativeExpenses	210,572,000	314,926,000	714,724,000	864,598,000
operatingExpenses	244,533,000	499,487,000	946,401,000	1,033,403,000
operatingIncome	-191,908,000	-442,966,000	-945,541,000	-913,960,000
totalOtherIncomeExpensesNet	-4,052,000	-28,357,000	-61,577,000	464,955,000
ebitda	-148,324,000	-223,696,000	-704,994,000	-720,353,000
depreciationAndAmortization	43,584,000	219,270,000	240,547,000	193,607,000
interestIncome	13,286,000	3,199,000	1,396,000	8,551,000
interestExpense	18,938,000	26,501,000	45,236,000	108,435,000
incomeBeforeTax	-195,960,000	-471,323,000	-1,007,118,000	-449,005,000
incomeTaxExpense	2,015,000	13,535,000	336,000	16,783,000
netIncome	-197,975,000	-484,858,000	-1,007,454,000	-465,788,000
eps	-0.094	-0.23	-0.48	-0.22
epsdiluted	-0.094	-0.23	-0.48	-0.22
weightedAverageShsOut	2,115,295,062	2,115,295,062	2,115,295,062	2,109,378,547
weightedAverageShsOutDil	2,115,295,062	2,115,295,062	2,115,295,062	2,109,378,547
costAndExpenses	284,323,000	1,053,211,000	2,282,722,000	3,375,857,000
otherExpenses	-425,000	712,000	-1,245,000	-2,182,000

Key Facts

Industry

Auto Manufacturers

Sector

Consumer Cyclical

Headquarters

Gothenburg, , SE

Website

polestar.com

CEO

Mr. Thomas Ingenlath

Employees

2377

About the Company

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.