Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) use for everyday consumer trips. The company also provides Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution to get goods where they need to go; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine. In addition, it offers TRiO, a bolt on kit that converts a two wheeled motorcycle into a tilting three wheeled motorcycle. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. Arcimoto, Inc. was incorporated in 2007 and is headquartered in Eugene, Oregon.
Revenue of Arcimoto, Inc. (FUV)
Revenue in 2022 (TTM): $6.56 M
According to Arcimoto, Inc.'s latest financial reports the company's current revenue (TTM) is $6.56 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Arcimoto, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $6.56 M | $-16,696,658 | $-55,869,720 | $-62,875,424 | $-62,879,398 |
| 2021 | $4.39 M | $-12,762,726 | $-42,187,686 | $-50,497,806 | $-47,563,751 |
| 2020 | $2.18 M | $-6,074,663 | $-16,469,031 | $-18,120,489 | $-18,858,406 |
| 2019 | $987.85 K | $-1,923,617 | $-13,739,735 | $-15,341,689 | $-16,238,297 |
| 2018 | $95 K | $-32,535 | $-10,495,575 | $-11,051,015 | $-11,051,015 |
| 2017 | $127.02 K | $48.58 K | $-3,261,077 | $-3,315,327 | $-3,315,327 |
| 2016 | $ | $ | $-1,898,712 | $-1,919,479 | $-1,919,479 |
| 2015 | $12.24 K | $12.24 K | $-1,340,205 | $-1,349,292 | $-1,349,292 |
| 2014 | $60.21 K | $60.21 K | $-645,473 | $-680,933 | $-680,933 |