Lion Historical Income Statement
| LEV Stock | CAD 0.35 0.13 27.08% |
Historical analysis of Lion Electric income statement accounts such as Selling General Administrative of 43.9 M can show how well Lion Electric Corp performed in making a profits. Evaluating Lion Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lion Electric's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lion Electric Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lion Electric Corp is a good buy for the upcoming year.
Lion |
About Lion Income Statement Analysis
Lion Electric Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lion Electric shareholders. The income statement also shows Lion investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lion Electric Income Statement Chart
Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lion Electric Corp minus its cost of goods sold. It is profit before Lion Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Lion Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lion Electric Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Lion Electric's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 22nd of December 2024, Reconciled Depreciation is likely to grow to about 27.4 M, while Selling General Administrative is likely to drop about 43.9 M.
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.3M | 26.1M | 27.4M | Interest Income | 7.5M | 8.6M | 9.0M |
Lion Electric income statement Correlations
Click cells to compare fundamentals
Lion Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lion Electric income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.2M | 2.7M | 5.3M | 11.5M | 26.1M | 27.4M | |
| Interest Expense | 1.4M | 3.9M | 6.5M | 955.4K | 14.9M | 15.6M | |
| Selling General Administrative | 2.9M | 59.9M | 78.4M | 44.8M | 51.5M | 43.9M | |
| Selling And Marketing Expenses | 5.9M | 15.7M | 27.7M | 23.0M | 19.7M | 17.6M | |
| Total Revenue | 30.9M | 23.4M | 57.7M | 139.9M | 253.5M | 266.2M | |
| Gross Profit | 10.1M | 3.1M | 45.5K | (12.9M) | (5.5M) | (5.2M) | |
| Other Operating Expenses | 29.7M | 95.9M | 163.8M | 220.7M | 330.1M | 346.7M | |
| Operating Income | 1.1M | (72.5M) | (106.1M) | (80.8M) | (114.1M) | (108.4M) | |
| Ebit | (1.6M) | (77.3M) | (107.9M) | (80.8M) | (79.6M) | (83.6M) | |
| Ebitda | (419.5K) | (74.6M) | (102.6M) | (69.3M) | (53.6M) | (56.2M) | |
| Cost Of Revenue | 20.8M | 20.3M | 57.7M | 152.9M | 259.0M | 272.0M | |
| Total Operating Expenses | 9.0M | 75.7M | 106.1M | 67.8M | 71.1M | 62.1M | |
| Income Before Tax | (3.1M) | (97.4M) | (43.3M) | 17.8M | (103.8M) | (98.6M) | |
| Total Other Income Expense Net | (4.2M) | (24.8M) | 62.8M | 98.5M | (9.2M) | (8.8M) | |
| Net Income Applicable To Common Shares | (3.1M) | (97.4M) | (43.3M) | 17.8M | 20.4M | 21.5M | |
| Net Income | (3.1M) | (101.2M) | (49.9M) | 117.3M | (103.8M) | (98.6M) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.