← Polestar Automotive Holding UK PLC
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | — | $610.2m |
$1.3b
+119.41%
|
$2.5b
+84.57%
|
$2.4b
-3.54%
|
$2.1b
-13.82%
|
$3.1b
+48.86%
|
$3.1b
+0.03%
|
|
| Cost of Revenue | — | ($553.7m) |
$672.3m
+221.41%
|
$2.3b
+248.43%
|
$1.4b
-40.34%
|
$1.2b
-16.16%
|
$2.9b
+147.86%
|
$4.2b
+45.58%
|
|
| Cost of sales | — | ($553.7m) |
($1.3b)
-141.33%
|
($2.3b)
-75.29%
|
($2.8b)
-19.18%
|
($2.9b)
-4.26%
|
$4.1b
+242.32%
|
$4.2b
+2.08%
|
|
| Other cost of sales | — | — | — | — | ($2.4b) |
($2.3b)
+6.16%
|
($3.1b)
-35.13%
|
— | |
| Reconciled Cost Of Revenue | — | — | — | $2.3b |
$2.8b
+18.74%
|
$2.9b
+3.94%
|
$4.1b
+42.43%
|
$4.2b
+2.80%
|
|
| Net Interest Income | — | — | — | ($68.9m) |
($173.4m)
-151.50%
|
($314.5m)
-81.44%
|
($376.2m)
-19.60%
|
($150.6m)
+59.96%
|
|
| Gross Profit | — | $56.5m |
$860k
-98.48%
|
$119.4m
+13788.72%
|
($410.1m)
-443.37%
|
($876.2m)
-113.63%
|
$153.9m
+117.57%
|
($1.2b)
-859.32%
|
|
| Research And Development | — | $183.8m | $232.9m | $174.9m | $157.3m | $38.4m | $77.6m | $198.9m | |
| Selling, General and Administrative Expense | — | ($314.9m) | $714.7m | $864.6m | $944.2m | $890.7m | ($856.5m) | $862.0m | |
| Operating Lease Income | — | — | $6.2m | $16.7m | $17.4m | $17.2m | — | — | |
| Restructuring And Mergern Acquisition | — | — | — | ($902.1m) | ($465.2m) | ($129.1m) | $44.2m | $44.2m | |
| Operating expenses: | |||||||||
| Other Operating Expenses | — | — | — | ($3.0m) | $10.6m | ($5.6m) | ($14.6m) | — | |
| Other Operating Income Expense | — | ($440.5m) | ($48.1m) | ($1.6m) | $42.1m | ($8.1m) | ($2.0b) | — | |
| Interest Expense On Lease Liabilities | — | — | $2.4m | $6.2m | $5.0m | $7.4m | — | $128.7m | |
| Interest Expense | — | — | — | $77.5m | $205.7m | $335.4m | $375.2m | $128.7m | |
| Interest Income | — | — | — | $7.7m | $32.3m | $21.1m | $7.6m | ($21.9m) | |
| Net Non Operating Interest Income Expense | — | — | — | ($68.9m) | ($173.4m) | ($314.5m) | ($376.2m) | ($150.6m) | |
| Gain On Sale Of Business | — | — | — | $0 | $25.2m | $10.1m | $666k | $666k | |
| Gain On Sale Of PPE | — | — | — | $0 | $16.3m | $0 | $0 | $0 | |
| Gain On Sale Of Security | — | — | — | $1.9m | $74.7m | ($96.3m) | $94.4m | $94.4m | |
| Other Income | — | — | $1.8m | $4.7m | $15.8m | $20.0m | — | — | |
| Other Income Expense | — | — | — | $531.7m | $504.9m | $37.5m | $1.8m | $1.8m | |
| Loss before income taxes | — | ($471.3m) | ($1.0b) | ($449.0m) | ($1.2b) | ($2.1b) | ($2.4b) | — | |
| Pre-Tax Income | — | — | ($1.0b) | ($449.3m) | ($1.2b) | ($2.1b) | ($2.4b) | ($536.7m) | |
| Income tax benefit | — | ($13.5m) | ($336k) | ($16.8m) | $7.1m | $9.2m | $3.7m | — | |
| Current Tax Expense (Income) | — | — | ($3.3m) | ($17.3m) | ($13.7m) | $35.6m | — | — | |
| Deferred Tax Expense (Income) | — | — | $5.5m | $4.2m | $38.8m | ($42.6m) | — | — | |
| Net loss | — | ($484.9m) | ($1.0b) | ($465.8m) | ($1.2b) | ($2.0b) | ($2.4b) | — | |
| Net Income From Continuing And Discontinued Operation | — | — | — | ($479.0m) | ($1.2b) | ($2.0b) | ($2.4b) | ($2.6b) | |
| Basic Earnings (Loss) Per Share | — | — | ($0.53) | ($0.23) | ($0.56) | ($0.97) | ($25.48) | ($25.78) | |
| Diluted Earnings (Loss) Per Share | — | — | ($0.53) | ($0.23) | ($0.56) | ($0.97) | ($25.48) | ($25.78) | |
| Fair value change - Class C Shares | — | $0 | $0 | $35.1m | $22.0m | $2.5m | — | — | |
| Fair value changes - Earn-out rights and Class C shares | — | — | — | — | $465.2m | $129.1m | $23.4m | — | |
| Basic Average Shares | — | — | — | $70.3m | $70.3m | $70.4m | $92.5m | $144.9m | |
| Diluted Average Shares | — | — | — | $70.3m | $70.3m | $70.4m | $92.5m | $144.9m | |
| Additional Financial Items | |||||||||
| Applicable Tax Rate | — | — | $0 | $0 | $0 | $25 | — | — | |
| Finance Income | — | $3.2m | $33.0m | $8.6m | $69.6m | $23.9m | $9.0m | — | |
| Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill | — | — | — | — | — | $0 | — | — | |
| Profit Loss Before Tax | — | — | ($1.0b) | ($449.0m) | ($1.2b) | ($2.1b) | ($2.4b) | — | |
| Profit Loss From Operating Activities | — | — | — | — | ($1.5b) | ($1.8b) | — | — | |
| Gross loss | — | $56.5m | $860k | $119.4m | ($413.1m) | ($876.2m) | ($1.1b) | — | |
| Foreign exchange gains (losses) on operating activities, net | — | — | — | — | $37.5m | ($43.7m) | $44.1m | — | |
| Foreign exchange gains (losses) on financial activities, net | — | — | — | — | $37.2m | ($52.6m) | $50.3m | — | |
| Fair value change - Earn-out rights | — | $0 | $0 | $902.1m | $443.2m | $126.6m | — | — | |
| Share of losses in associates | — | — | $0 | $0 | ($43.3m) | ($5.0m) | ($49.1m) | — | |
| Depreciation Amortization Depletion Income Statement | — | — | — | — | — | $32.9m | $23.4m | $23.4m | |
| Depreciation And Amortization In Income Statement | — | — | — | — | — | $32.9m | $23.4m | $23.4m | |
| Diluted EPS | — | — | — | ($6.62) | ($16.68) | ($29.10) | ($25.48) | ($25.78) | |
| Diluted NI Availto Com Stockholders | — | — | — | ($479.0m) | ($1.2b) | ($2.0b) | ($2.4b) | ($2.6b) | |
| Earnings From Equity Interest | — | — | $0 | $0 | ($43.3m) | ($5.0m) | ($49.1m) | ($49.1m) | |
| Impairment Of Capital Assets | — | — | — | — | — | $0 | $0 | $0 | |
| Normalized EBITDA | — | — | — | ($762.6m) | ($1.4b) | ($1.7b) | ($2.0b) | ($213.2m) | |
| Normalized Income | — | — | — | ($909.7m) | ($1.7b) | ($2.1b) | ($2.4b) | ($2.6b) | |
| Other Gand A | — | — | $714.7m | $864.6m | — | $256.7m | $199.5m | — | |
| Other Special Charges | — | — | — | $372.3m | $33.2m | $416k | — | — | |
| Other Taxes | — | — | — | $1.1m | $669k | $1.2m | $2.3m | $2.3m | |
| Reconciled Depreciation | — | — | — | $140.8m | $115.4m | $55.7m | $52.7m | $23.4m | |
| Salaries And Wages | — | — | — | — | — | $198.1m | $204.9m | $204.9m | |
| Selling General And Administration | — | — | — | $840.2m | $944.2m | $839.0m | $813.8m | — | |
| Special Income Charges | — | — | — | $529.8m | $473.5m | $138.8m | ($43.5m) | ($43.5m) | |
| Tax Effect Of Unusual Items | — | — | — | $101.0m | $4.3m | $189k | $80k | $20.4m | |
| Tax Provision | — | — | — | $29.8m | ($9.5m) | ($9.2m) | ($3.7m) | $3.5m | |
| Tax Rate For Calcs | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Depreciation And Amortisation Expense | — | — | $239.2m | $158.4m | $115.4m | $55.7m | — | $23.4m | |
| Employee Benefits Expense | — | — | $119.1m | $218.5m | $235.7m | $209.1m | — | — | |
| Expense From Share-Based Payment Transactions With Employees | — | — | $0 | $5.0m | $4.9m | $9.8m | — | — | |
| Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used | — | — | $4.2m | $4.5m | $5k | $8k | — | — | |
| Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used | — | — | $1.3m | $1.6m | $888k | $637k | — | — | |
| Finance Costs | — | — | $45.2m | $108.4m | $213.2m | $393.8m | — | — | |
| Other Employee Expense | — | — | — | — | $235.7m | $209.1m | — | — | |
| Other Finance Cost | — | — | $13k | $5k | $0 | $3.0m | — | — | |
| Postemployment Benefit Expense Defined Contribution Plans | — | — | $13.9m | $20.7m | $21.1m | $19.9m | — | — | |
| Professional Fees Expense | — | — | — | — | $252.7m | $283.4m | — | — | |
| Impairment expense, net of reversals | — | — | — | — | ($339.6m) | ($622.1m) | ($1.0b) | — | |
| Other operating expense | — | — | — | — | ($58.3m) | ($23.8m) | ($87.8m) | — | |
| Finance expense | — | ($34.0m) | ($45.2m) | ($108.4m) | ($213.3m) | ($393.8m) | ($385.2m) | — | |
| Operating Expense | — | — | — | $1.0b | $1.1b | $905.9m | $902.6m | $1.4b | |
| Net Foreign Exchange Loss | — | — | $49.3m | $3.6m | $4.3m | $43.7m | — | — | |
| Total Unusual Items | — | — | — | $531.7m | $548.2m | $42.5m | $50.9m | $50.9m | |
| Total Expenses | — | — | — | $3.4b | $3.9b | $3.8b | $5.0b | $5.1b | |
| Total Other Finance Cost | — | — | — | ($889k) | ($38k) | $223k | $8.6m | $8.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.