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.
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.
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 | $-100,763,000 | $-105,672,000 | $-107,420,000 |
2021 | $6 K | $-989,000 | $-503,565,000 | $-504,049,000 | $-505,330,000 |
2020 | $388 K | $-259,000 | $-67,932,000 | $-67,713,000 | $-67,328,000 |
2019 | $681 K | $191 K | $-13,943,000 | $-12,195,000 | $-10,365,000 |