HomeREE • NASDAQ
REE Automotive Ltd
$3.92
Jun 28, 8:30:00 PM GMT-4 · USD · NASDAQ · Disclaimer
StockUS listed security
Previous close
$3.91
Day range
$3.80 - $4.04
Year range
$2.30 - $12.31
Market cap
54.26M USD
Avg Volume
33.69K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD)Mar 2024Y/Y change
Revenue
160.00K
Operating expense
22.53M-24.19%
Net income
-25.18M12.02%
Net profit margin
-15.74K
Earnings per share
-1.9618.33%
EBITDA
-22.36M23.52%
Effective tax rate
-6.05%
Total assets
Total liabilities
(USD)Mar 2024Y/Y change
Cash and short-term investments
77.49M-38.57%
Total assets
130.24M-30.60%
Total liabilities
59.90M65.65%
Total equity
70.34M
Shares outstanding
11.02M
Price to book
0.61
Return on assets
-43.21%
Return on capital
-51.32%
Net change in cash
(USD)Mar 2024Y/Y change
Net income
-25.18M12.02%
Cash from operations
-21.22M19.69%
Cash from investing
19.14M-39.19%
Cash from financing
14.47M21,180.88%
Net change in cash
12.38M142.53%
Free cash flow
-14.86M9.91%
About
REE Automotive, Ltd. is a commercial electric vehicle developer and manufacturer. The company's electric vehicle platform features independent interchangeable corner modules, dubbed REECorners. The corner modules are positioned directly adjacent to each wheel, and they encapsulate all of the vehicle's drive systems such as the motor, inverter, steering, brakes, and suspension. They are controlled electronically, by-wire, allowing for a completely flat platform chassis onto which custom chassis bodies can be attached. The company operates a research and development center for its corner modules and its vehicle software in Israel, and an engineering and manufacturing center in the United Kingdom. Vehicle assembly, sales, and customer service operations are based in the United States. Wikipedia
Founded
Jan 16, 2011
Website
Employees
244
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