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Electric Last Mile Solutions, Inc.

ELMS•NASDAQ
Consumer Cyclical
Auto - Manufacturers
$0.19
$0.00(0.00%)
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The company's financials show resilient growth, with revenue advancing from $0.00 in Q4 2020 to $136000.00 in Q3 2021. Gross profit remained healthy with margins at 1% in Q3 2021 compared to N/A in Q4 2020. Operating income hit -$22.34M last quarter, sustaining a consistent -16426% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$15.98M. Net income dropped to -$17.78M, while earnings per share reached -$0.15. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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