FFAI Q1 2020 Earnings Report — Faraday Future Intelligent Electric Inc. Revenue & Financial Results | Market Cap Arena

Faraday Future Intelligent Electric Inc.FFAI

Q1 2020 Earnings

Reported March 31, 2020

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q1 2020	Q4 2019	Q1 2019	QoQ Change	YoY Change
Revenue	$0	—	—	—	—
Op. Income	-$15M	—	—	—	—
EPS (Diluted)	$-0.29	—	—	—	—
Free Cash Flow	-$11M	—	—	—	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$7M
Selling & Marketing	$1M
General & Administrative	$7M
SG&A Expenses	$8M
Other Expenses	$0
Operating Expenses	$15M
Cost & Expenses	$15M
OPERATING INCOME	-$15M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	-$24M
Income Tax Expense	$0
Net Income from Continuing Ops	-$24M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$24M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$24M
D&A	$903.0K
EBIT	-$15M
EBITDA	-$14M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$24M
Depreciation & Amortization	$903.0K
Stock-Based Compensation	$767.0K
Deferred Income Tax	$0
Other Non-Cash Items	$16M
Change in Working Capital	-$5M
OPERATING CASH FLOW	-$11M
Capital Expenditure	-$13.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	$4M
Net Debt Issuance	-$88.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$7M
NET CASH FROM FINANCING	$7M
FREE CASH FLOW	-$11M
Net Change in Cash	-$1M