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by alexb_
1203 days ago
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4th quarter consolidated balance sheet (in millions) so you don't have to click through and look through it: > Revenue: 663
> Cost of Revenues: 1,663
> Gross Profit: (1,000) Operating Expenses (Totals 795): > R&D: 402
> Selling, general, administrative: 393 Loss from Operations: (1,795) Interest income: 99 Interest expense: 33 Other net income: 6 Loss before taxes: (1,723) Remember, all of these are in millions. So Rivian managed to lose 1.7 billion dollars in 3 months. That comes out to nearly 19 million dollars lost every single day. |
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