Fisker Inc.

Fisker Inc.

FSRNQ
Fisker Inc.US flagOther OTC
0.00
USD
+0.00
- -
1.06MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.82
Basic EPS, GAAP
-0.02
-0.04
-0.96
-1.61
-1.8
- -
-2.82
Free Cash Flow per Basic Share
-0.01
-0.03
-0.29
-1.49
-2.12
- -
-2.69
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.06
-1.1
-2.12
-3.85
- -
-6.32
Tangible Book Value per Share
- -
-0.06
6.29
1.95
0.77
- -
-0.96
Basic Weighted Avg Shares
277
277
135
292
303
- -
333
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
273
273
Operating Margin (%)
- -
- -
- -
-310,600
-155,042.4
-220.77
-220.77
Depreciation Expense
- -
- -
- -
3
12
99
99
Net Income, GAAP
-3
-11
-130
-471
-547
-940
-940
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
-444,661.32
-160,086.55
-344.45
-344.45
Working Capital
- -
-2
988
1,121
501
22
22
LT Debt
- -
4
2
674
689
1,001
1,001
Total Equity
- -
-6
907
800
481
-98
-98
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
9
18
307
LT Borrowings
662
1,108
935
LT Finance Leases
43
52
66
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
343
343
449
Market Capitalization
1,805
2,140
583

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
846
1,448
924
Cash, Cash Equivalents & STI
470
530
325
Accounts Receivable, Net
- -
- -
18
Inventories
173
546
407
Total Current Liabilities
586
862
903
Payables & Accruals
564
816
216
ST Debt
9
18
307
Deferred Revenue
13
27
49

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-120.41%
Free Cash Flow
- -
331%
39.31%
Net Income, GAAP
- -
332.5%
71.68%
Sales/Revenue/Turnover
- -
- -
79,690.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
1
72
200
273

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.63
-0.16
-0.37
-0.47
-1.61
2022
-0.41
-0.36
-0.49
- -
-1.8
2023
-0.38
-0.25
-0.28
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Henrik Fisker
Full Time Employees
1,560
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
1888 Rosecrans Avenue Manhattan Beach CA United States of America 90266
IPO Date
Oct 2, 2018
Business
Fisker Inc. (FSRNQ) manufactures electric vehicles with a focus on sustainable design and innovation; its primary product is the Fisker Ocean, an all-electric SUV featuring front- and all-wheel-drive variants, an approximately 80 kWh lithium-ion battery pack, a solar panel roof range extender, and extensive use of recycled materials, produced via contract manufacturing with Magna Steyr in Austria. The company developed prototypes including the Pear affordable urban electric crossover for the mass market, the Alaska electric pickup truck with targeted ranges of 230 to 340 miles, and the Ronin high-performance four-door convertible sports car offering over 1,000 horsepower and a claimed 600-mile range, though none advanced to production. Founded in 2016 by Henrik Fisker and Geeta Gupta-Fisker and headquartered in Manhattan Beach, California, Fisker targeted premium and mass-market customers in North America, Europe, and select international markets including Canada, with operations spanning the United States, Austria, China, India, Sweden, Germany, and Austria. In a major strategic shift in early 2024, Fisker adopted a dealer partnership model in North America and Europe to accelerate Ocean deliveries and align with its asset-light approach, signing initial partners in states such as California, Illinois, New York, New Jersey, Massachusetts, and Florida ahead of broader rollout. Facing severe financial strain including a $463 million net loss in 2023, collapsed negotiations with a large automaker, NYSE delisting in April 2024, and production suspension, Fisker filed for Chapter 11 bankruptcy in June 2024, with its liquidation plan court-approved in October 2024 enabling asset sales including remaining Ocean inventory to American Leasing for $46.25 million, over-the-air software support provisions for owners, and creditor repayment from intellectual property and equipment liquidation amid ongoing SEC investigation.

Company News

APIChatGPT
  • The SEC closed its investigation into Fisker

  • Rivian: Tesla-Like Rocket Or Fisker-Like Sinking Boat? I Like Their Story

  • US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs

  • The fall of EV startup Fisker: A comprehensive timeline

  • Fisker resolves federal safety investigation into rollaway risk

  • NHTSA closes preliminary probe into 7,745 Fisker Ocean SUVs after software update

  • Is VinFast the Next Fisker?

  • Fisker owners get help with recall repairs as court approves liquidation plan

  • Fisker bankruptcy plan approved after deal on vehicle tech support

  • Fisker bankruptcy hits major speed bump as fleet sale is now in question

  • Making customers pay for Fisker vehicles recall repairs is illegal, DOJ says

  • Fisker's plan to make owners pay for recall repairs is illegal, DOJ says

  • EV startup Fisker faces probe by US securities regulator

  • Fisker faces SEC investigation as bankruptcy case drags on

  • Fisker reverses course on making Ocean owners pay for recall repairs

  • Fisker reverses course on making Ocean owners pay for recall repairs

  • Fisker Ocean owners stuck paying for recall repairs

  • NHTSA closes two preliminary probes into Fisker's Ocean SUVs

  • Fisker Stock: EV Startup Is Fighting With Its Lender to Avoid Chapter 7

  • Fisker Stock Alert: EV Maker Receives Approval for Fire Sale