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Lucid Group, Inc. LCID Contract Liabilities

Discontinued — last reported Q3 '21

Contract Liabilities at other companies

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$884M-24.1%
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$41.16M-41.7%

Segments

By product

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Vehicle Sales with OTA and Remarketing$88.5M+49.7%
Vehicle Sales With OTA, Maintenance Services, and Remarketing$87.5M+64.2%

Other financials

Income statement

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Revenue$405.3M+56.2%
Gross profit-$426.7M-56.7%
Operating income-$1.1B-34.8%
Net income-$1.0B-91.8%
EPS (diluted)-$3.30-1,079%

Balance sheet

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Cash & equivalents$732.6M-59.2%
Total debt$3.4B+22.6%
Total equity-$1.1B-144%
Total assets$7.7B-13.2%

Cash flow

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Operating cash flow-$1.2B-47.2%
CapEx$253.8M+39.0%
Free cash flow-$1.5B-45.7%

Valuation

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Market cap$2.75B-59.0%
Enterprise value$5.38B-29.8%
P/S1.8×-5.5×

Profitability

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Gross margin-96.6%-2.6pp
Operating margin-263.6%-40.8pp
Net margin-249.2%+2.2pp
FCF margin-330.4%+2.1pp

Returns & leverage

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Return on equity-117.6%+947pp
Debt / equity5.4×+4.8×
Current ratio1.1×-1.4×

Where this comes from

Reported directly by Lucid Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Lucid Group, Inc.’s 10-Q, filed November 15, 2021. Open the filing →

Filed
Nov 15, 2021, 4:28 PM EST
Fiscal quarter
Q3 FY2021
Calendar quarter
Q3 2021
Accession
0001628280-21-023384

FAQ

What is Lucid Group, Inc.'s contract liabilities?
Lucid Group, Inc. (LCID) reported contract liabilities of $13.4M in Q3 2021.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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