Lightning eMotors Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.32
Dividend & YieldN/A$ (N/A)
Beta 2.68
Market capitalization 60.39M
Operating cash flow -84.83M
ESG Scores unknown

Company description

Lightning eMotors, Inc. designs, manufactures, and sells zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the United States. It offers zero-emission class 3 to 7 battery electric and fuel cell electric vehicles. The company's vehicles comprise cargo and passenger vehicles, school buses, ambulances, shuttle buses, work trucks, city buses, and motorcoaches. It also offers charging systems and charging infrastructure solutions for commercial medium duty vans and motorcoach fleets. The company was founded in 2008 and is headquartered in Loveland, Colorado.

Sector: Industrials - Industry: Farm & Heavy Construction Machinery

Financial Ratios
Quick Ratio12.82
Working Capital-0.54
Return On Equity-4
Debt To Equity2.53
Fixed Asset Ratio1.14
Fixed Interest Cover-3.15

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -195k 832k 1.44M 3.58M
Total Cashflows From Investing Activities -51k -651k -2.01M -3.19M
Net Borrowings 4.71M 4.96M 13.59M 90.45M
Total Cash From Financing Activities 14.88M 6.36M 17.4M 237.07M
Change To Operating Activities -410k -1.28M 77k -2.38M
Issuance Of Stock 86k 86k 86k 732k
Net Income -6.57M -9.69M -37.65M -100.77M
Change In Cash 8.05M -7.51M -837k 168.08M
Effect Of Exchange Rate -30k
Total Cash From Operating Activities -6.76M -13.23M -16.23M -65.81M
Depreciation 204k 232k 362k 874k
Change To Account Receivables -531k -658k -3.02M -8.4M
Other Cashflows From Financing Activities 142.8M 142.8M 142.8M 142.8M
Change To Netincome 350k 581k 22.79M 44.41M
Capital Expenditures -51k -651k -2.01M -3.24M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 433k 975k 1.23M 2.91M
Income Before Tax -6.57M -9.69M -37.65M -100.77M
Net Income -6.57M -9.69M -37.65M -100.77M
Selling General Administrative 4.7M 7.12M 10.53M 33.93M
Gross Profit -1.27M -1.07M -2M -5.3M
Ebit -6.4M -9.16M -13.76M -42.14M
Operating Income -6.4M -9.16M -13.76M -42.14M
Interest Expense -140k -575k -2.98M -13.37M
Income Tax Expense
Total Revenue 970k 3.16M 9.09M 20.99M
Cost Of Revenue 2.24M 4.23M 11.09M 26.29M
Total Other Income ExpenseNet -165k -525k -23.89M -58.63M
Net Income From Continuing Ops -6.57M -9.69M -37.65M -100.77M
Net Income Applicable To Common Shares -8.53M -12.31M -37.65M -100.77M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 8.69M 9.41M 51.56M 188.2M
Total Stockholder Equity -28.16M -37.61M -26.7M 25.21M
Other Current Liabilities 475k 920k 23.4M 3.33M
Total Assets 11.67M 9.78M 24.86M 213.41M
Common Stock 3k 8k
Other Current Assets 739k 2.11M 2.04M 5.09M
Retained Earnings -33.47M -43.16M -80.8M -181.56M
Treasury Stock -69k
Cash 8.81M 1.3M 460k 168.54M
Total Current Liabilities 5.55M 6.07M 42.65M 14.42M
Other Stockholder Equity -69k
Property, Plant, and Equipment 541k 964k 10.5M 13.63M
Total Current Assets 11.1M 8.77M 14.32M 199.4M
Net Tangible Assets -28.16M -37.61M -26.7M 25.21M
Net Receivables 598k 1.11M 4.12M 9.17M
Accounts Payable 325k 1.16M 2.6M 6.02M


Insider Transactions

Here are the insider transactions of stock shares related to Lightning eMotors Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Lightning eMotors Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Lightning eMotors Inc

Here is the result of two systematic investment strategies applied to Lightning eMotors Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Lightning eMotors Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Lightning eMotors Inc:

Lightning eMotors Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 18.53% on the backtest period.

Performance at glance

Performance

18.53 %

Latent gain

45.87 $

Invested capital

247.5 $

Annualized return

34.31 %
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Momentum strategy results on Lightning eMotors Inc

This is the result of two momentum investment strategies applied to Lightning eMotors Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Lightning eMotors Inc

The following chart shows all the entries opened by the momentum investment system on Lightning eMotors Inc:

Lightning eMotors Inc momentum entries
  • The first momentum investment strategy would give 19.35% of return on Lightning eMotors Inc. That represents 144.16$ of latent gain with 744.84$ of employed capital.
  • The second momentum investment strategy would give 16.06% of return on Lightning eMotors Inc. That represents 40.59$ of latent gain with 252.78$ of employed capital.
Performance at glance (1Q Momentum)

Performance

19.35 %

Latent gain

144.16 $

Invested capital

744.84 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

16.06 %

Latent gain

40.59 $

Invested capital

252.78 $

Annualized return

267.67 %

Momentum equity curve on Lightning eMotors Inc

The following chart shows the equity curve of the two momentum strategies applied to Lightning eMotors Inc:

Lightning eMotors Inc momentum equity

Note: the dividends potentially given by Lightning eMotors Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Lightning eMotors Inc

The following chart shows the employed capital evolution of the two momentum strategies on Lightning eMotors Inc since the beginning:

Lightning eMotors Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Lightning eMotors Inc

Buy the dip entry openings on Lightning eMotors Inc

Lightning eMotors Inc

The performance achieved by the robo-advisor on Lightning eMotors Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Lightning eMotors Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Lightning eMotors Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Lightning eMotors Inc

The following chart shows the result of the investment strategy applied to Lightning eMotors Inc:

Lightning eMotors Inc

Note: the dividends potentially given by Lightning eMotors Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Lightning eMotors Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Lightning eMotors Inc:

Lightning eMotors Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Lightning eMotors Inc

In this section, I will compare the three previous investment strategies applied to Lightning eMotors Inc.

Equity curve comparison on Lightning eMotors Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Lightning eMotors Inc investment strategy comparison

Employed capital comparison on Lightning eMotors Inc

Lightning eMotors Inc investment comparison

Performance comparison on Lightning eMotors Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 18.53% 45.87$ 247.5$ 34.31%
Momentum 1 quarter 19.35% 144.16$ 744.84$ 64.5%
Momentum 2 quarters 16.06% 40.59$ 252.78$ 267.67%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

34.31 %

Momentum 1Q

267.67 %

Momentum 2Q

267.67 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Lightning eMotors Inc:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Lightning eMotors Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Lightning eMotors Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Lightning eMotors Inc
Country United States
City Loveland
Address 815 14th Street SW
Phone 800 223 0740
Website lightningemotors.com
FullTime employees 205
Industry Farm & Heavy Construction Machinery
Sector Industrials
Exchange XNYS
Ticker ZEV
Market www.nyse.com

Lightning eMotors Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown