In 2022, the future operating loss of Q1 Faraday is about USD 149million, and the scheduled number of ff91 is 401 From Faraday future financial report

The following is the In 2022, the future operating loss of Q1 Faraday is about USD 149million, and the scheduled number of ff91 is 401 From Faraday future financial report recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report, New energy automobile industry, Automobile industry.
Recently, it was reported that the official wechat of Faraday future (FF) today released the financial report for the first quarter of 2022. According to the financial report, FF had an operating loss of about $149million in the first quarter, and an operating loss of about $19million in the same period last year.
The increase in loss was mainly due to the increase in engineering, design and testing (“ed&t”) services, as the Company re hired suppliers and made a large number of purchases for ed&t services to promote the FF 91 project; The number of employees and employee related expenses increased significantly; And an increase in professional services, mainly related to the investigations of the special committee.
FF had a net loss of approximately $153million in the first quarter, compared with a net loss of approximately $76million for the three months ended march31,2021. The increase in net loss in the first quarter was mainly due to operating losses.
As of march31,2022, FF’s total assets were about $706million, including cash of $276million. The decrease in cash between december31,2021 and march31,2022 was partly due to the planned repayment of $97million in notes and accrued interest. Total liabilities as at 31 March 2022 were approximately $271million, while total liabilities as at 31 December 2021 were approximately $340million.
FF said that since its establishment, the company has accumulated losses in operation and negative cash flow from operating activities. As of march31,2022, the company has accumulated losses of about US $3billion. In the foreseeable future, the company is expected to continue to generate large operating losses, because the company will continue to incur expenses before generating considerable income.
The financial report shows that the first FF 91 quasi mass production vehicle of FF has been completed, and the car reservation volume as of march31,2022 is 401.
Read more from techweb: Faraday future financial report: FF net loss of USD 517million in 2021 Faraday future financial report: Q3 Faraday future net loss of USD 304million in 2021 three-month operating expenses of USD 18million Xiaopeng automobile financial report: Q1 Xiaopeng automobile net loss of USD 1.7 billion in 2022, an increase of nearly 1billion yuan year-on-year Wei Lai: 4q19 financial report teleconference to analyze why sales are rising Wei Lai: actual record of 4q19 financial report teleconference Li Bin said Hefei factory The production capacity will reach 4000 units / month. Financial report of Xiaopeng automobile: the total revenue of Xiaopeng automobile in 2021 will be RMB 20.99 billion, with a year-on-year increase of 259.1%. Ideal financial report: the ideal revenue in 2021 will be RMB 27.01 billion, with a year-on-year increase of 185.6%. Future financial report of Faraday: the future net loss of Faraday in 2021 will be USD 517million, with a year-on-year increase of 202%. Financial report of Xiaopeng automobile: the revenue in 2020 will exceed RMB 5.8 billion, and the annual gross profit will become positive for the first time. Rivian financial report: 20 In Q1 of fiscal year 21 and Q4 of the annual financial report, the net loss increased year-on-year by US $54million. Weilai: 3533 units were delivered in July 2020, more than 4 times the year-on-year order, reaching a new high. Weilai: 2q21 revenue was RMB 8.45 billion. Next year, three new models of nt2.0 platform will be delivered. Xiaopeng automobile: 1q21 revenue was RMB 2.95 billion, a year-on-year increase of 616%. Weilai automobile: 17353 new vehicles were delivered in 4q20, a year-on-year increase of 112%
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