← Gogoro Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $439.2m $364.1m $366.0m $382.8m $349.8m $310.6m $281.5m
Revenue From Interest — $889k $625k — — — —
Cost of Revenue $372.2m $284.7m $304.9m $325.1m $298.9m $263.2m $258.3m
Reconciled Cost Of Revenue $346.0m $284.7m $304.9m $325.1m $298.9m $302.7m $258.3m
Gross Profit $93.2m $79.4m $61.1m $57.7m $50.9m $7.9m $23.2m
Research and development $27.2m $28.7m $30.6m $46.0m $40.9m $34.9m $25.4m
Operating expenses:
Other operating expenses — — $0 $0 $3.0m $38.7m $10.6m
Total operating expenses $104.3m $115.9m $118.4m $356.0m $139.3m $149.5m $96.4m
Additional Financial Items
Applicable Tax Rate — — $0 $0 $0 $0 $0
Depreciation Right of Use Assets — $11.1m $12.3m $12.8m $13.0m $14.1m $13.7m
Finance Income — $889k $625k $2.9m $2.9m $3.2m $1.9m
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss — — — $3.6m $4.3m $33.5m $5.8m
Other Income $3.6m $5.2m $9.5m $6.4m $7.4m $7.2m $6.7m
Profit Loss Before Tax ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Profit Loss From Operating Activities — ($36.5m) ($57.3m) ($298.3m) ($88.4m) ($141.6m) ($73.3m)
Sales and marketing $51.1m $60.9m $53.9m $60.3m $51.0m $44.1m $32.4m
General and administrative $26.0m $26.3m $34.0m $71.0m $44.4m $31.9m $28.0m
Other losses, net $236k ($1.5m) ($1.6m) ($3.2m) ($953k) ($1.4m) ($1.6m)
Gains on financial liabilities at fair value through profit or loss $0 ($8.6m) ($7.5m) $205.9m $16.1m $28.2m $2.4m
Share of loss of investments accounted for using equity method — — $0 $0 ($1.2m) ($4.1m) ($1.3m)
LOSS BEFORE INCOME TAX ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
NET LOSS ($13.1m) ($49.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Exchange differences on translation $6.8m $14.4m $3.0m ($16.2m) ($691k) ($13.9m) $8.6m
Diluted EPS — — — ($0.45) ($6.60) ($9.40) ($5.48)
Diluted NI Availto Com Stockholders ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Earnings From Equity Interest — — $0 $0 ($1.2m) ($4.1m) ($1.3m)
Gain On Sale Of PPE — — — $0 ($1.6m) ($2.6m) ($4.4m)
Gain On Sale Of Security — — — $33.1m $3.7m $5.9m ($583k)
Impairment Of Capital Assets — — — $0 $1.4m $33.5m $5.8m
Interest Income — — — $2.9m $2.8m $3.1m $1.8m
Interest Income Non Operating — — — $2.9m $2.8m $3.1m $1.8m
Net Income From Continuing And Discontinued Operation ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Net Income From Continuing Operation Net Minority Interest ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Net Interest Income — — — ($9.7m) ($9.0m) ($11.0m) ($12.8m)
Normalized EBITDA — — — ($196.8m) $21.5m ($4.6m) $34.2m
Normalized Income — — — ($262.5m) ($88.8m) ($115.7m) ($71.4m)
Other Gand A $26.0m $26.3m $34.0m $71.0m $44.4m $31.9m $28.0m
Reconciled Depreciation — $78.6m $94.8m $94.8m $98.4m $97.0m $90.9m
Restructuring And Mergern Acquisition — — — ($171.4m) ($12.1m) ($23.3m) ($2.2m)
Selling General And Administration — — — $131.2m $95.4m $75.9m $60.4m
Special Income Charges — — — $171.4m $9.0m ($12.9m) ($8.0m)
Tax Effect Of Unusual Items — — — $40.9m $0 $0 $0
Tax Provision $1.0m ($1.1m) $0 $2k $0 $0 $0
Tax Rate For Calcs — — — $0 $0 $0 $0
TOTAL COMPREHENSIVE LOSS FOR THE YEAR ($6.3m) ($34.9m) ($64.4m) ($115.1m) ($76.7m) ($136.7m) ($71.4m)
Total Unusual Items — — — $204.5m $12.7m ($7.0m) ($8.6m)
Total Unusual Items Excluding Goodwill — — — $204.5m $12.7m ($7.0m) ($8.6m)
Pre-Tax Income ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Net Income ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Net Income Continuous Operations ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Net Income Including Noncontrolling Interests ($12.1m) ($50.3m) ($67.4m) ($98.9m) ($76.0m) ($122.8m) ($80.0m)
Basic Earnings (Loss) Per Share ($0.07) ($0.25) ($0.35) ($0.45) ($0.32) ($0.46) ($5.42)
Diluted Earnings (Loss) Per Share ($0.07) ($0.25) ($0.35) ($0.45) ($0.32) ($0.46) ($5.42)
Basic Average Shares — — — $222.0m $11.7m $13.2m $14.8m
Diluted Average Shares — — — $222.0m $11.7m $13.2m $14.8m
Research and Development Expense $27.2m $28.7m $30.6m $46.0m $40.9m $34.9m $25.4m
General and Administrative Expense $26.0m $26.3m $34.0m $71.0m $44.4m $31.9m $28.0m
Deferred Tax Expense (Income) $1.0m $0 $0 $0 $0 $0 $0
Depreciation And Amortisation Expense — $78.6m $94.8m $94.8m $98.4m $97.0m $90.9m
Employee Benefits Expense — $70.2m $78.3m $113.3m $93.9m $84.1m $61.5m
Expense From Share-Based Payment Transactions With Employees — $0 $5.0m $37.9m $26.3m $11.6m $2.3m
Finance Costs ($9.0m) $9.8m $11.1m $12.7m $11.9m $14.1m $14.6m
Other Operating Income Expense ($11.1m) ($36.5m) ($57.3m) ($298.3m) ($3.0m) ($38.7m) ($10.6m)
Interest Expense On Lease Liabilities — $581k $530k $440k $567k $991k $809k
Income Tax Expense Continuing Operations $1.0m ($1.1m) $0 $2k $0 $0 $0
INCOME TAX EXPENSE (Notes 2 and 19) ($1.0m) $1.1m $0 ($2k) $0 $0 $0
COSTS OF REVENUES (Notes 2, 6, 9 and 18) $346.0m $284.7m $304.9m $325.1m $298.9m $302.7m $258.3m
Interest Expense — — — $11.8m $11.9m $14.1m $14.6m
Interest Expense Non Operating — — — $11.8m $11.9m $14.1m $14.6m
Net Non Operating Interest Income Expense — — — ($9.7m) ($9.0m) ($11.0m) ($12.8m)
Operating Expense — — — $349.7m $128.9m $106.2m $79.6m
Other Income Expense — — — $202.8m $10.9m ($13.5m) ($10.7m)
Other Non Operating Income Expenses — — — ($1.7m) ($607k) ($2.4m) ($860k)
Selling And Marketing Expense $51.1m $60.9m $53.9m $60.3m $51.0m $44.1m $32.4m
Total non-operating incomes and expenses ($978k) ($13.8m) ($10.0m) $199.4m $12.3m $18.9m ($6.7m)
Total Expenses — — — $674.8m $427.8m $408.9m $337.9m
Total Other Finance Cost — — — $828k ($99k) ($106k) ($12k)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.