Sector: Consumer Cyclicals | Industry: Auto & Truck Manufacturers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4141 E Broadway Road PHOENIX AZ 85040 |
Tel: | N/A |
Website: | https://nikolamotor.com |
IR: | See website |
Key People | ||
Stephen Jon Girsky President, Chief Executive Officer, Director | Thomas B. Okray Executive Vice President, Principal Financial Officer and Principal Accounting Officer | Dirk Ole Hoefelmann President - Energy |
Mary S. Chan Chief Operating Officer | Joseph R. Pike Chief Human Resource Officer | Britton M. Worthen Chief Legal Officer, Secretary |
Business Overview |
Nikola Corporation is an integrated truck and energy company. The Company provides zero-emissions transportation and energy supply and infrastructure solutions. It operates in two business units: Truck and Energy. The Truck business unit is commercializing fuel cell electric vehicles (FCEV) and battery electric vehicles (BEV) Class 8 trucks that provide or are intended to provide environmentally friendly solutions to the trucking sector. The Energy business unit is developing hydrogen fueling infrastructure to support its FCEV trucks. It offers integrated FCEV solutions including the truck, fueling solutions and maintenance. It offers both BEV (for short and medium-haul, city, regional, and drayage deliveries) and FCEV (for medium and long-haul) solutions. HYLA, the Company's global brand, includes its energy products for procuring, distributing, and dispensing hydrogen to fuel its trucks. Its products include Nikola's Class 8 BEV - Nikola Tre and Nikola's Class 8 FCEV - Nikola Tre. |
Financial Overview |
For the fiscal year ended 31 December 2023, Nikola Corp revenues decreased 28% to $35.8M. Net loss before extraordinary items increased 17% to $864.6M. Revenues reflect Truck sales decrease of 35% to $30.1M. Basic Earnings per Share excluding Extraordinary Items increased from -$1.67 to -$1.08. |
Employees: | 870 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $655.62M as of Dec 31, 2023 |
Annual revenue (TTM): | $35.84M as of Dec 31, 2023 |
EBITDA (TTM): | -$577.26M as of Dec 31, 2023 |
Net annual income (TTM): | -$864.62M as of Dec 31, 2023 |
Free cash flow (TTM): | -$616.69M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 1,335,615,165 as of Feb 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |