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REE (REE Automotive) Net Income (Continuing Operations) : $-95.35 Mil (TTM As of Jun. 2024)


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What is REE Automotive Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. REE Automotive's Net Income (Continuing Operations) for the three months ended in Jun. 2024 was $-10.79 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2024 was $-95.35 Mil.


REE Automotive Net Income (Continuing Operations) Historical Data

The historical data trend for REE Automotive's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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REE Automotive Net Income (Continuing Operations) Chart

REE Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income (Continuing Operations)
-12.20 -67.71 -505.33 -107.42 -114.21

REE Automotive Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.21 -24.14 -35.23 -25.18 -10.79

REE Automotive Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-95.35 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


REE Automotive  (NAS:REE) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.


REE Automotive Net Income (Continuing Operations) Related Terms

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REE Automotive Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Glil-Yam, Herzliya, ISR, 4690500
REE Automotive Ltd is an automotive technology company focused on building commercial electric vehicles controlled fully by-wire. The company is developing REEcorner technology which packs critical vehicle components into a single compact module positioned between the chassis and the wheel as well as building commercial Electric Vehicles (EV) leveraging REEcorner technology. The company has geographical preference in Israel, Germany, United States, United Kingdom, and other regions.
Executives
David Weisburd other: Member of Sponsor 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas director 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007