Loading...
•
Dec 31, 2020
Canoo Q4 2020 Earnings Report
Reported results for the fourth quarter and full year 2020.
Key Takeaways
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.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...