← ECARX Holdings Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Short-term investments | — | $0 | $137.9m | $130.5m | $31.2m | |
| Accounts receivable | $184.5m | $418.2m | $1.8b | $1.6b | $200.3m | |
| Notes receivable | $137.7m | $145.4m | $54.6m | $16.8m | $6.0m | |
| Inventories | $223.3m | $131.6m | $160.8m | $233.9m | $62.3m | |
| Prepayments and other current assets, net | $200.1m | $412.9m | $441.5m | $452.3m | $36.4m | |
| Total current assets | $2.5b | $3.3b | $3.3b | $2.8b | $483.2m | |
| Long-term investments, net | — | $353.9m | $301.0m | $15.8m | $61.5m | |
| Property and equipment, net | $103.2m | $118.4m | $120.8m | $160.3m | $26.7m | |
| Intangible assets, net | $31.0m | $36.7m | $179.3m | $309.8m | $40.4m | |
| Goodwill | — | — | $0 | $25.7m | $3.7m | |
| Operating lease right-of-use assets | $74.9m | $85.3m | $125.2m | $132.7m | $16.8m | |
| Cash | $878.0m | $737.4m | $561.1m | $324.0m | $87.1m | |
| Restricted cash | $23.0m | $41.0m | $27.1m | $43.4m | $6.1m | |
| Amounts due from related parties, net | — | $911.7m | $74.1m | $35.4m | $53.7m | |
| Other non-current assets | $19.9m | $26.0m | $252.6m | $295.5m | $30.2m | |
| Short-term borrowings | $932.0m | $870.0m | $1.2b | $1.4b | $310.7m | |
| Notes payable | $127.3m | $168.4m | $10.0m | $142.0m | $19.3m | |
| Amounts due to related parties | $376.9m | $191.2m | $35.7m | $177.9m | $54.6m | |
| Contract liabilities, current | $2.7m | $4.7m | $207.6m | $156.8m | $7.4m | |
| Operating lease liabilities, current | $37.4m | $24.2m | $35.1m | $40.9m | $5.0m | |
| Convertible notes payable, current | — | — | $0 | $470.6m | $38.8m | |
| Accrued expenses and other current liabilities | $459.0m | $738.6m | $614.5m | $626.6m | $88.9m | |
| Income tax payable | — | $21.6m | $15.8m | $20.4m | $1.0m | |
| Long term borrowings | — | — | — | $0 | $5.6m | |
| Contract liabilities, non-current | $317k | $70k | $134.0m | $37.3m | $10k | |
| Convertible notes payable, non-current | — | $439.9m | $455.7m | $0 | $60.3m | |
| Operating lease liabilities, non-current | $33.0m | $59.5m | $107.6m | $121.4m | $15.7m | |
| Warrant liabilities, non-current | — | $16.5m | $5.1m | $8.8m | $1.1m | |
| Provisions | — | $30.7m | $90.9m | $110.1m | $17.8m | |
| Other non-current liabilities | $16.3m | $30.7m | $93.3m | $98.0m | $20.7m | |
| Ordinary Shares | $7k | $10k | $10k | $11k | $2k | |
| Liabilities and shareholders’ deficit | $4.0b | $4.3b | $4.3b | $3.8b | $662.4m | |
| Total non-current assets | $1.5b | $970.0m | $978.9m | $939.8m | $179.2m | |
| Total non-current liabilities | $489.4m | $828.8m | $886.6m | $390.8m | $122.9m | |
| Total deficit attributable to ordinary shareholders of ECARX Holdings Inc. | ($4.1b) | ($177.2m) | ($921.4m) | ($1.8b) | ($282.7m) | |
| Total shareholders’ deficit | ($4.1b) | ($177.2m) | ($834.5m) | ($1.7b) | ($283.5m) | |
| Total assets | $4.0b | $4.3b | $4.3b | $3.8b | $662.4m | |
| Accounts payable | $650.0m | $1.0b | $2.1b | $2.1b | $297.2m | |
| Total current liabilities | $3.0b | $3.6b | $4.2b | $5.1b | $823.0m | |
| Deferred tax liabilities | — | — | $0 | $15.2m | $1.7m | |
| Total liabilities | $3.5b | $4.4b | $5.1b | $5.5b | $945.9m | |
| Commitments and contingencies | — | $0 | $0 | $0 | — | |
| Treasury Stock, Value | — | — | $0 | ($7.4m) | ($30.0m) | |
| Additional paid-in capital | $10.0m | $5.9b | $6.1b | $6.2b | $958.1m | |
| Accumulated deficit | ($4.1b) | ($5.7b) | ($6.7b) | ($7.6b) | ($1.2b) | |
| Accumulated other comprehensive loss | $6.0m | ($385.9m) | ($344.7m) | ($363.5m) | ($20.2m) | |
| Noncontrolling interests | — | — | — | $2.0m | ($811k) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.