REE Automotive Ltd.
REE
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REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.
Revenue of REE Automotive Ltd. (REE)
Revenue in 2023 (TTM): $1.61 M
According to REE Automotive Ltd.'s latest financial reports the company's current revenue (TTM) is $1.61 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 REE Automotive Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.61 M | $-7,463,000 | $-114,091,000 | $-115,568,000 | $-114,208,000 |
| 2022 | $ | $-547,000 | $-142,578,000 | $-105,672,000 | $-107,420,000 |
| 2021 | $6 K | $-989,000 | $-526,036,000 | $-504,049,000 | $-505,330,000 |
| 2020 | $388 K | $-259,000 | $-67,905,000 | $-67,713,000 | $-67,328,000 |
| 2019 | $681 K | $191 K | $-13,943,000 | $-12,195,000 | $-10,365,000 |