FFAI Q2 2020 Earnings Report — Faraday Future Intelligent Electric Inc. Revenue & Financial Results | Market Cap Arena

Faraday Future Intelligent Electric Inc.FFAI

Q2 2020 Earnings

Reported June 30, 2020

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2020	Q1 2020	Q2 2019	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$16M	-$15M	—	-8.6%	—
EPS (Diluted)	$-1937.78	$-0.29	—	-668100.0%	—
Free Cash Flow	-$9M	-$11M	—	18.0%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$4M
Selling & Marketing	$166.0K
General & Administrative	$12M
SG&A Expenses	$12M
Other Expenses	$0
Operating Expenses	$16M
Cost & Expenses	$16M
OPERATING INCOME	-$16M
Other Income/Expenses	-$15M
INCOME BEFORE TAX	-$32M
Income Tax Expense	$0
Net Income from Continuing Ops	-$32M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$32M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$32M
D&A	$1M
EBIT	-$16M
EBITDA	-$15M
EPS	-$1.9K
EPS Diluted	-$1.9K

Cash Flow Statement

Item	Amount
Net Income	-$32M
Depreciation & Amortization	$1M
Stock-Based Compensation	$3M
Deferred Income Tax	$0
Other Non-Cash Items	$13M
Change in Working Capital	$6M
OPERATING CASH FLOW	-$9M
Capital Expenditure	-$87.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$87.0K
Net Debt Issuance	$8M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	$10M
FREE CASH FLOW	-$9M
Net Change in Cash	$2M