Lightning eMotors, Inc.
Consumer Discretionary · Motor Vehicles & Passenger Car Bodies · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | $24.4M | $21.0M | $9.1M |
| Operating income | −$73.1M | −$51.2M | −$2.8M |
| Net income | $15.2M | −$100.8M | −$2.7M |
| Total assets | $143.6M | $213.4M | $203.4M |
| Total liabilities | $89.0M | $188.2M | $9.9M |
| Equity | $54.6M | $25.2M | −$26.7M |
| EPS (diluted) | $0.16 | $-1.67 | — |
| Shares out. | 75.2M | 25.9M | 7.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −299.4%
- Net margin
- 62.1%
- Return on equity
- 27.8%
- Return on assets
- 10.6%
- Return on capital (ROCE)
- −57.3%
- Liabilities / assets
- 62.0%
- Debt / equity
- 1.63×
- Book value / share
- $0.73
- Revenue growth (YoY)
- 16.3%
- 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 · FY2022- Altman Z″ (distress)
- -1.69distress
- Accruals / assets
- 83.4%high accruals
- Piotroski F-Score
- 4/9mixed
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. What these scores mean →
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Strong return on equity (>15%)
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Completed an acquisition or dispositionFeb 28, 2024
- Entered a material agreement · Regulation FD disclosureJan 26, 2024
- Other material eventJan 12, 2024
- Changed auditorJan 10, 2024
- Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer changeDec 18, 2023
- Bankruptcy or receivership · Debt acceleration / triggering eventDec 14, 2023
- Results of operationsNov 20, 2023
- Results of operations · Regulation FD disclosureOct 5, 2023
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 ↗Event-driven situations (1)
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