Lion Historical Income Statement

LEV Stock  CAD 0.26  0.01  3.70%   
Historical analysis of Lion Electric income statement accounts such as Selling General Administrative of 43.9 M can show how well Lion Electric Corp performed in making a profits. Evaluating Lion Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lion Electric's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Lion Electric Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lion Electric Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Lion Income Statement Analysis

Lion Electric Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lion Electric shareholders. The income statement also shows Lion investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Lion Electric Income Statement Chart

At this time, Lion Electric's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 2nd of December 2024, Reconciled Depreciation is likely to grow to about 27.4 M, while Selling General Administrative is likely to drop about 43.9 M.

Total Revenue

Total revenue comprises all receipts Lion Electric Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lion Electric Corp. It is also known as Lion Electric overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Lion Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lion Electric Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Lion Electric's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 2nd of December 2024, Reconciled Depreciation is likely to grow to about 27.4 M, while Selling General Administrative is likely to drop about 43.9 M.
 2021 2023 2024 (projected)
Depreciation And Amortization5.3M26.1M27.4M
Interest Income7.5M8.6M9.0M

Lion Electric income statement Correlations

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0.880.60.651.0-0.730.97-0.83-0.7-0.560.990.61-0.720.11-0.44-0.86-0.721.00.010.99
0.770.60.960.57-0.60.75-0.94-0.98-0.990.581.0-0.690.43-0.42-0.59-0.70.57-0.110.47
0.880.650.960.65-0.730.81-0.95-0.98-0.970.660.98-0.550.61-0.23-0.52-0.570.63-0.280.53
0.891.00.570.65-0.760.97-0.81-0.69-0.541.00.59-0.660.16-0.37-0.82-0.671.0-0.060.98
-0.81-0.73-0.6-0.73-0.76-0.810.750.710.64-0.78-0.640.29-0.63-0.120.360.3-0.730.59-0.66
0.950.970.750.810.97-0.81-0.93-0.84-0.730.970.77-0.710.29-0.39-0.81-0.720.96-0.110.92
-0.91-0.83-0.94-0.95-0.810.75-0.930.980.92-0.82-0.950.76-0.380.450.750.77-0.810.1-0.74
-0.86-0.7-0.98-0.98-0.690.71-0.840.980.98-0.7-0.990.68-0.470.370.620.7-0.680.18-0.59
-0.77-0.56-0.99-0.97-0.540.64-0.730.920.98-0.55-0.990.61-0.520.320.50.62-0.530.21-0.42
0.90.990.580.661.0-0.780.97-0.82-0.7-0.550.6-0.650.19-0.35-0.8-0.660.99-0.090.98
0.80.611.00.980.59-0.640.77-0.95-0.99-0.990.6-0.660.48-0.38-0.57-0.670.59-0.150.49
-0.54-0.72-0.69-0.55-0.660.29-0.710.760.680.61-0.65-0.660.310.890.931.0-0.71-0.46-0.71
0.520.110.430.610.16-0.630.29-0.38-0.47-0.520.190.480.310.60.270.30.1-0.79-0.02
-0.23-0.44-0.42-0.23-0.37-0.12-0.390.450.370.32-0.35-0.380.890.60.840.89-0.44-0.8-0.48
-0.67-0.86-0.59-0.52-0.820.36-0.810.750.620.5-0.8-0.570.930.270.840.93-0.86-0.48-0.87
-0.55-0.72-0.7-0.57-0.670.3-0.720.770.70.62-0.66-0.671.00.30.890.93-0.72-0.44-0.71
0.871.00.570.631.0-0.730.96-0.81-0.68-0.530.990.59-0.710.1-0.44-0.86-0.720.010.99
-0.210.01-0.11-0.28-0.060.59-0.110.10.180.21-0.09-0.15-0.46-0.79-0.8-0.48-0.440.010.1
0.810.990.470.530.98-0.660.92-0.74-0.59-0.420.980.49-0.71-0.02-0.48-0.87-0.710.990.1
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Lion Electric Account Relationship Matchups

Lion Electric income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.2M2.7M5.3M11.5M26.1M27.4M
Interest Expense1.4M3.9M6.5M955.4K14.9M15.6M
Selling General Administrative2.9M59.9M78.4M44.8M51.5M43.9M
Selling And Marketing Expenses5.9M15.7M27.7M23.0M19.7M17.6M
Total Revenue30.9M23.4M57.7M139.9M253.5M266.2M
Gross Profit10.1M3.1M45.5K(12.9M)(5.5M)(5.2M)
Other Operating Expenses29.7M95.9M163.8M220.7M330.1M346.7M
Operating Income1.1M(72.5M)(106.1M)(80.8M)(114.1M)(108.4M)
Ebit(1.6M)(77.3M)(107.9M)(80.8M)(79.6M)(83.6M)
Ebitda(419.5K)(74.6M)(102.6M)(69.3M)(53.6M)(56.2M)
Cost Of Revenue20.8M20.3M57.7M152.9M259.0M272.0M
Total Operating Expenses9.0M75.7M106.1M67.8M71.1M62.1M
Income Before Tax(3.1M)(97.4M)(43.3M)17.8M(103.8M)(98.6M)
Total Other Income Expense Net(4.2M)(24.8M)62.8M98.5M(9.2M)(8.8M)
Net Income Applicable To Common Shares(3.1M)(97.4M)(43.3M)17.8M20.4M21.5M
Net Income(3.1M)(101.2M)(49.9M)117.3M(103.8M)(98.6M)
When determining whether Lion Electric Corp is a strong investment it is important to analyze Lion Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lion Electric's future performance. For an informed investment choice regarding Lion Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between Lion Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.