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HomeREE • NASDAQ
REE Automotive Ltd
$0.73
After Hours:
$0.73
(0.054%)+0.00040
Closed: Dec 31, 4:55:48 PM GMT-5 · USD · NASDAQ · Disclaimer
StockUS listed security
Previous close
$0.80
Day range
$0.71 - $0.85
Year range
$0.53 - $10.24
Market cap
23.12M USD
Avg Volume
130.18K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
(USD)Jun 2025Y/Y change
Revenue
92.00K
Operating expense
30.82M105.57%
Net income
-12.16M-12.70%
Net profit margin
-13.21K
Earnings per share
EBITDA
-36.98M-149.04%
Effective tax rate
6.97%
Total assets
Total liabilities
(USD)Jun 2025Y/Y change
Cash and short-term investments
54.67M-9.64%
Total assets
89.54M-23.42%
Total liabilities
53.59M-0.83%
Total equity
35.95M
Shares outstanding
28.44M
Price to book
0.64
Return on assets
-106.05%
Return on capital
-128.38%
Net change in cash
(USD)Jun 2025Y/Y change
Net income
-12.16M-12.70%
Cash from operations
-23.93M-42.36%
Cash from investing
-2.31M-119.55%
Cash from financing
17.18M214,862.50%
Net change in cash
-9.05M49.33%
Free cash flow
-25.05M-33.17%
About
REE Automotive, Ltd. is an automotive software developer. The company previously developed an electric vehicle platform featuring independent interchangeable corner modules, dubbed REECorners. The corner modules are positioned directly adjacent to each wheel, and they encapsulate all of the vehicle's drive systems such as the motor, inverter, steering, brakes, and suspension. They are controlled electronically, by-wire, allowing for a completely flat platform chassis onto which custom chassis bodies can be attached. The company operates an automotive software research and development center in Israel, and an engineering and manufacturing center in the United Kingdom. Final vehicle assembly, sales, and customer service operations were based in the United States before the company pivoted to software development exclusively. REE Automotive planned in 2024 to sell truck fleets to rental companies such as Penske and U-Haul, provide its corner modules to truck manufacturers such as Hino, and sell trucks to various fleet operators through its distributor network. Wikipedia
Founded
Jan 16, 2011
Website
Employees
211
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