FFAI Q3 2020 Earnings Report — Faraday Future Intelligent Electric Inc. Revenue & Financial Results | Market Cap Arena

Faraday Future Intelligent Electric Inc.FFAI

Q3 2020 Earnings

Reported November 13, 2020

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q3 2020	Q2 2020	Q3 2019	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$18M	-$16M	—	-7.4%	—
EPS (Diluted)	$-2037.84	$-1937.78	—	-5.2%	—
Free Cash Flow	-$28M	-$9M	—	-213.8%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$942.0K
GROSS PROFIT	-$942.0K
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$14M
Other Expenses	$0
Operating Expenses	$17M
Cost & Expenses	$18M
OPERATING INCOME	-$18M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	-$33M
Income Tax Expense	$0
Net Income from Continuing Ops	-$33M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$33M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$33M
D&A	$942.0K
EBIT	-$18M
EBITDA	-$17M
EPS	-$2.0K
EPS Diluted	-$2.0K

Cash Flow Statement

Item	Amount
Net Income	-$33M
Depreciation & Amortization	$942.0K
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$6M
Change in Working Capital	$10M
OPERATING CASH FLOW	-$28M
Capital Expenditure	-$589.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	$3M
Net Debt Issuance	$30M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	$28M
FREE CASH FLOW	-$28M
Net Change in Cash	$593.1K