Polestar Automotive (PSNY) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.0B
Gross Profit
-876.2M
-43.07%
Operating Income
-1.8B
-87.60%
Net Income
-2.0B
-100.77%
EPS (Diluted)
-$0.97
Balance Sheet Metrics
Total Assets
4.1B
Total Liabilities
7.4B
Shareholders Equity
-3.3B
Cash Flow Metrics
Operating Cash Flow
-1.5B
Free Cash Flow
-1.3B
Revenue & Profitability Trend
Polestar Automotive Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.0B | 2.4B | 2.4B | 1.3B | 610.2M |
| Cost of Goods Sold | 2.9B | 2.8B | 2.3B | 1.3B | 553.7M |
| Gross Profit | -876.2M | -410.1M | 100.8M | 9.7M | 56.5M |
| Operating Expenses | 904.6M | 1.1B | 1.4B | 917.9M | 498.1M |
| Operating Income | -1.8B | -1.5B | -1.3B | -909.3M | -443.0M |
| Pre-tax Income | -2.1B | -1.2B | -447.8M | -972.4M | -471.3M |
| Income Tax | -9.2M | -9.5M | 29.7M | -3.1M | 13.5M |
| Net Income | -2.0B | -1.2B | -477.5M | -969.3M | -484.9M |
| EPS (Diluted) | -$0.97 | -$0.56 | -$0.24 | -$0.46 | -$0.23 |
Income Statement Trend
Polestar Automotive Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 2.3B | 2.3B | 2.1B | 1.6B | 1.2B |
| Non-Current Assets | 1.8B | 2.0B | 1.8B | 1.7B | 1.4B |
| Total Assets | 4.1B | 4.3B | 3.9B | 3.3B | 2.5B |
| Liabilities | |||||
| Current Liabilities | 4.7B | 3.6B | 3.2B | 3.0B | 1.9B |
| Non-Current Liabilities | 2.6B | 1.9B | 838.2M | 146.5M | 99.7M |
| Total Liabilities | 7.4B | 5.5B | 4.0B | 3.2B | 2.0B |
| Equity | |||||
| Total Shareholders Equity | -3.3B | -1.3B | -88.2M | 122.5M | 580.7M |
Balance Sheet Composition
Polestar Automotive Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -2.0B | -1.2B | -477.5M | -969.3M | -484.9M |
| Operating Cash Flow | -1.5B | -2.2B | -1.1B | -502.1M | -132.2M |
| Investing Activities | |||||
| Capital Expenditures | -147.9M | -135.6M | -32.3M | -24.7M | -49.6M |
| Investing Cash Flow | -203.5M | 18.0M | -34.8M | -24.7M | -49.6M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 1.4B | 2.1B | 2.1B | 909.2M | -420.5M |
| Free Cash Flow | -1.3B | -2.5B | -1.8B | -441.5M | -300.8M |
Cash Flow Trend
Polestar Automotive Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-1.14
Forward P/E
-3.06
Price to Sales
1.11
PEG Ratio
-3.06
Profitability Ratios
Profit Margin
-100.77%
Operating Margin
-116.76%
Return on Equity
61.59%
Return on Assets
-26.69%
Financial Health
Current Ratio
0.48
Debt to Equity
-2.81
Beta
1.97
Per Share Data
EPS (TTM)
-$0.97
Book Value per Share
-$1.58
Revenue per Share
$0.96
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| psny | 2.3B | -1.14 | - | 61.59% | -100.77% | -2.81 |
| Tesla | 1.1T | 192.81 | 14.64 | 8.77% | 6.38% | 17.41 |
| Ferrari N.V | 87.1B | 48.29 | 24.08 | 46.27% | 22.99% | 93.27 |
| VinFast Auto | 8.1B | 40.19 | -0.00 | 81.41% | -149.10% | 0.00 |
| Nio | 7.7B | -0.32 | -26.96 | -150.07% | -35.80% | 414.98 |
| Zeekr Intelligent | 6.7B | -0.97 | -0.27 | 63.27% | -6.78% | -0.10 |
Financial data is updated regularly. All figures are in the company's reporting currency.