NASDAQ$GOEVQ

Canoo Inc. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported results for the fourth quarter and full year 2020.

Canoo reported a GAAP Net loss and comprehensive loss of $12.3 million for Q4 2020, which included a $115.4 million gain on fair value change of earnout right liability. Adjusted EBITDA was $(42.5) million. The company had cash and cash equivalents of $702.4 million as of December 31, 2020.

  • Completed business combination with Hennessy Capital Acquisition Corp. IV on December 21, 2020, becoming publicly listed on The Nasdaq Global Select Market.
  • Unveiled its all-electric multi-purpose delivery vehicle to be priced starting at approximately $33,000.
  • Added 48 patent filings and design registrations bringing the total active number of filings and registrations to 59.
  • Revealed all-electric pickup with target delivery as early as 2023.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$1.84

Previous: $0.09-2167.0%
Capital Expenditures

$6.3M

Previous: $3.9M+61.5%
Net Cash Used in Operations

-$42M

Previous: -$43.7M+4.1%
Adjusted EBITDA

-$42.5M

Previous: -$35.3M-20.5%
Free Cash Flow

-$112M

No prior period
Net Income

-$12.3M

Previous: $668K-1940.9%
Operating Income

-$128M

Previous: -$451K-28206.9%
Cash & Equivalents

$702M

No prior period
Total Assets

$753M

No prior period
Stock-Based Comp

$83.2M

No prior period

Revenue & EPS history

Canoo · Revenue · Quarterly

$0.00000255

Q4 2020
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

+1166800.7%

Avg return

Earnings day

Avg return

5 days after

Avg return

30 days after

50%

12 / 24 earnings

Positive

+28003312.7%

Q1 2019

Best reaction

-27.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2024+0.0%
Q3 2024-27.1%
Q2 2024+2.7%
Q1 2024-2.6%
Q4 2023-21.6%
Q3 2023+7.7%
Q2 2023-5.9%
Q1 2023+5.3%
Q4 2022+6.0%
Q3 2022-7.3%
Q2 2022-7.8%
Q1 2022-26.7%
Q4 2021-4.9%
Q3 2021+21.7%
Q2 2021-9.5%
Q1 2021+4.0%
Q4 2020-25.4%
Q3 2020+0.2%
Q2 2020-5.2%
Q1 2020+0.1%
Q4 2019+0.9%
Q3 2019+0.1%
Q2 2019+0.3%
Q1 2019+28003312.7%

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