45% or $184.2 million Annual Adjusted EBITDA Improvement from $(408.6) million in 2022 to $(224.4) million in 202340% or $11.9 million Reduction in Capital Expenditures versus already reduced 2023 Second-Half GuidanceSecured USPS Agreement to Purchase Right Hand Drive LDV 190sStarted Commercial Fleet Customer DeliveriesAcquired Advanced Manufacturing Assets at Deep Discounts Reducing Anticipated Capital Expenditures by ~34%Oklahoma City Manufacturing Facility Designated as Foreign Trade Zone ("FTZ") Opening ...

Canoo Inc (NASDAQ: GOEV) says its management has identified “substantial doubt about our ability to continue as a going concern”. Shares of the EV firm are down 20% in extended hours.  Canoo lacks funds to support operations Copy link to section The California-based company does not have sufficient funds to support operations for another twelve months, as per its press release on Monday. Canoo also confirmed that its executives are looking for ways to raise additional capital but said it wasn’t sure if such ...

(Exact name of registrant as specified in its charter) o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38824 CANOO INC. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR Indicate by check mark if the registrant is not required to file reports pursuant to Se ...

Exhibit 99.1 CANOO INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2023 FINANCIAL RESULTS Justin, TX (April 1, 2024) – Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the fourth quarter and fiscal year 2023. "In Q4 2023, we started our first commercial fleet customer deliveries from our Oklahoma City manufacturing facility while we continue to prepare the site for our 20,000 unit run-rate production target. Our strategy to purchase manufacturing asse ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number ...

Canoo Inc. (NASDAQ:GOEV) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Kunal Bhalla - Senior Vice President, Corporate Development and Capital Markets Tony Aquila - Investor, Chairman and Chief Executive Officer Ken Manget - Chief Financial Officer Ramesh Murthy - Chief Accounting Officer Conference Call Participants Amit Dayal - H.C. Wainwright Stephen Gengaro - Stifel Jaime Perez - R.F. Lafferty Pavel Molchanov - Raymond James Operator Greetings, and welcome to the Canoo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001 ...

Financial Data and Key Metrics Changes - The GAAP net loss for Q1 2023 was $90.7 million, an improvement from a net loss of $125.4 million in the prior year period [32] - Adjusted EBITDA was negative $67.1 million for the quarter, compared to negative $117.4 million in the prior year period [32] - Capital expenditures for the quarter were $18.4 million, down from $28.4 million in Q1 2022, reflecting a migration to Oklahoma City [29] Business Line Data and Key Metrics Changes - The order book is now valued at $2.8 billion, growing 5% quarter-over-quarter in Stage 2 and Stage 3 orders [26] - Research and development expenses totaled $47.1 million for the quarter, a 43% reduction from $82.5 million in the prior year period [52] - SG&A expenses were $29.8 million, down 46% from $55.6 million in the prior year period [52] Market Data and Key Metrics Changes - The company is focused on zero-emission technology-driven vehicles, with a growing demand in targeted geographies and segments [6][20] - The average age of vehicles has reached an all-time high of 12 to 14 years, indicating a potential market for new vehicles [20] Company Strategy and Development Direction - The company aims to deliver a high return on capital platform, focusing on commercial customers who order in volume [21] - A dual path manufacturing investment strategy is in place, adjusting for the amount of capital accessed in the short term [53] - The company plans to achieve a manufacturing run rate of 20,000 by the end of 2023 and 40,000 by 2024, with targeted gross margin positivity by 2025 [54][47] Management's Comments on Operating Environment and Future Outlook - The management acknowledges challenges in the traditional automotive industry due to rising interest rates and economic uncertainties [5] - The company is optimistic about the future, focusing on innovative designs and reducing complexity in manufacturing [43][46] - Management emphasizes the importance of proving their business model and optimizing cash usage to build shareholder value [67] Other Important Information - The company has secured a long-term lease for the Oklahoma City manufacturing facility, which helps reduce capital burden [10] - The company is engaged with NASA for vehicle performance and functionality, which is seen as a significant partnership [25] Q&A Session Summary Question: Impact of SEC-related comments on operations and shipments - Management stated that the company's activities have concluded, and they are waiting for the commission's approval, with no impact on operational capabilities [56] Question: Timeline for initial production setup - Limited production has begun, with plans to deliver NASA vehicles in the upcoming quarter, marking the start of revenue generation [57] Question: Updates on Walmart order - Management indicated that there would be announcements in the coming quarter regarding the Walmart order [70]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 00 ...

Canoo Inc. (NASDAQ:GOEV) Q4 2022 Results Conference Call March 30, 2023 5:00 AM ET Company Participants Kunal Bhalla - SVP, Corporate Development and Capital Markets Tony Aquila - Investor, Chairman and CEO Ken Manget - CFO Ramesh Murthy - CAO Conference Call Participants Amit Dayal - H.C. Wainwright Jaime Perez - R.F. Lafferty Pavel Molchanov - Raymond James Operator Greetings and welcome to the Canoo Fourth Quarter and Full Year 2022 Earnings Release Call. [Operator Instructions] Please note, this confere ...