Mismanagement

LCIDLucid Group, Inc.

Motor Vehicles & Passenger Car Bodies

Revenue
$1.4BFY2021: $27MFY2022: $608MFY2023: $595MFY2024: $808MFY2025: $1.4B
68% YoY
Operating margin
-258.7%FY2021: -5645.1%FY2022: -426.5%FY2023: -520.7%FY2024: -373.9%FY2025: -258.7%
31% YoY
EBITDA
−$3.1BFY2021: −$1.5BFY2022: −$2.4BFY2023: −$2.9BFY2024: −$2.7BFY2025: −$3.1B
12% YoY
Market cap
—
Employees
—
Net debt / EBITDA
—
$2.5B net debt
AI in 10-K
—

Red flags 1 of 9

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$27M$608M$595M$808M$1.4B 68% FY2021: $27MFY2022: $608MFY2023: $595MFY2024: $808MFY2025: $1.4B
Operating income−$1.5B−$2.6B−$3.1B−$3.0B−$3.5B 16% FY2021: −$1.5BFY2022: −$2.6BFY2023: −$3.1BFY2024: −$3.0BFY2025: −$3.5B
Net income−$2.6B−$1.3B−$2.8B−$2.7B−$2.7B 0.6% FY2021: −$2.6BFY2022: −$1.3BFY2023: −$2.8BFY2024: −$2.7BFY2025: −$2.7B
Operating cash flow−$1.1B−$2.2B−$2.5B−$2.0B−$2.9B 45% FY2021: −$1.1BFY2022: −$2.2BFY2023: −$2.5BFY2024: −$2.0BFY2025: −$2.9B
Capex$421M$1.1B$911M$884M$868M 1.8% FY2021: $421MFY2022: $1.1BFY2023: $911MFY2024: $884MFY2025: $868M
Stock-based comp$517M$424M$257M$286M$271M 5.1% FY2021: $517MFY2022: $424MFY2023: $257MFY2024: $286MFY2025: $271M
Buybacks$21M$0$0——FY2021: $21MFY2022: $0FY2023: $0

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo
$0 · 0
Open-market sells, 12 mo
$4K · 1
Net
−$4K

Pay vs performance

YearCEO total compComp actually paidTSR (indexed)Peer TSR
FY2025——4237
FY2024——12224
FY2023——17162
FY2022——2879
FY2021——157110