Canoo Inc.
Consumer Discretionary · Motor Vehicle Parts & Accessories · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $886,000 | $0 | $0 | $2.5M | — | — |
| Operating income | −$267.8M | −$506.8M | −$449.9M | −$199.7M | −$173.7M | −$3,000 |
| Net income | −$302.0M | −$487.7M | −$346.8M | −$86.7M | −$182.4M | −$3,000 |
| Total assets | $542.0M | $496.5M | $523.1M | $753.5M | $72.1M | $238,000 |
| Total liabilities | $292.4M | $259.9M | $179.1M | $188.2M | $127.9M | $216,000 |
| Equity | $249.6M | $236.6M | $344.0M | $565.2M | −$55.9M | $4.5M |
| EPS (diluted) | $-0.53 | $-1.81 | $-1.52 | $-0.79 | — | — |
| Shares out. | 474.1M | 239.0M | 237.5M | 235.8M | 108.8M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −30227.9%
- Net margin
- −34088.1%
- Return on equity
- −121.0%
- Return on assets
- −55.7%
- Return on capital (ROCE)
- −74.9%
- Liabilities / assets
- 54.0%
- Debt / equity
- 1.17×
- Book value / share
- $0.53
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -13.18distress
- Accruals / assets
- −9.4%clean
- Piotroski F-Score
- 3/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 warning● 1 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard noticeJan 24, 2025
- Bankruptcy or receivership · Director / officer changeJan 21, 2025
- Modified shareholder rights · Amended charter or bylaws · Other material eventDec 20, 2024
- Director / officer change · Other material eventDec 13, 2024
- Delisting / listing-standard notice · Shareholder voteDec 6, 2024
- Other material eventNov 27, 2024
- Results of operationsNov 13, 2024
- New financial obligation · Director / officer change · Other material eventNov 5, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 25-NSEJun 3, 2025
- 8-KJan 24, 2025
- 8-KJan 21, 2025
- 8-KFORM 8-KDec 20, 2024
- 8-KFORM 8-KDec 13, 2024
- 8-KFORM 8-KDec 6, 2024
- 8-KFORM 8-KNov 27, 2024
- 424B5Nov 27, 2024
- DEFA14ANov 26, 2024
- DEFA14ANov 22, 2024
- 3Nov 21, 2024
- 3Nov 21, 2024
- 10-QNov 14, 2024
- 8-KNov 13, 2024
- 8-KFORM 8-KNov 5, 2024