Tucked inside Canoo’s 2023 earnings report is a nugget regarding the use of CEO Tony Aquila’s private jet — just one of many expenses that illustrates the gap between spending and revenue at the EV startup.Canoo posted Monday its fourth-quarter and full-year earnings for 2023 in a regulatory filing that shows a company burning through cash as it tries to scale up volume production of its commercial electric vehicles and avoid the same fate as other EV startups, like recently bankrupt Arrival. The regulatory ...

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 ...

Canoo Inc. (NASDAQ:GOEV) Q3 2023 Earnings Call Transcript November 14, 2023 10:00 AM ET Company Participants Kunal Bhalla - Senior Vice President, Corporate Development and Capital Markets Tony Aquila - Investor, Chairman and Chief Executive Officer Greg Ethridge - Chief Financial Officer Ramesh Murthy - Chief Accounting Officer Conference Call Participants Stephen Gengaro - Stifel Amit Dayal - H.C. Wainwright Jaime Perez - R.F. Lafferty Charles Fratt - Alliance Global Partners Operator Greetings and welcom ...

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 ...

Canoo Inc. (NASDAQ:GOEV) Q1 2023 Earnings Conference Call May 15, 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 Jaime Perez - R.F. Lafferty Operator Greetings and welcome to the Canoo First Quarter 2023 Earnings Call. At this time, all particip ...