Lordstown Motors Corp.RIDE
NASDAQ • Consumer Cyclical
$2.20
P/E
—
PEG
—
FCF Yield
—
Rev Growth YoY
-200.0% YoY
Gross Margin
49.4%
Health Score
3/10
D/E Ratio
—
Confidence
LOW
Business Snapshot
Lordstown Motors is a U.S.-based electric vehicle manufacturer that previously focused on the Endurance pickup truck for commercial fleets. The company operates in the highly capital-intensive automotive industry, where it competes against established legacy automakers and well-funded EV startups. As a micro-cap company with no current revenue from vehicle sales, it faces an existential challenge in bringing a product to market profitably. The defining characteristic is its extremely precarious financial position, with negative TTM revenue of $-180.76 million and no clear path to positive cash generation from operations.
Financial Health
Gross margin stands at 49.4%, unchanged from the prior year, but this figure is misleading given the company's lack of core revenue. The balance sheet is exceptionally conservative on the debt side, with a debt-to-equity ratio of 0.0x, and a current ratio of 45.16x indicating ample short-term liquidity...
Risk Assessment
- VALUATION — Price/sales of 95.28x on negative TTM revenue is an extreme multiple with no fundamental justification.
- EARNINGS QUALITY — The company has missed earnings estimates in all four of the last reported quarters, eroding confidence in management's guidance.
- REVENUE DECELERATION — Revenue declined 200% year-over-year and quarter-over-quarter, indicating a complete collapse in top-line activity.
- TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
- FCF / CASH BURN — Free cash flow of $-7.23 million is negative, meaning the company is consuming cash with no internally generated offset....
Metric deep-dives