REE Automotive Ltd. (REEAF) Profit After Tax (2020 - 2024)
REE Automotive (REEAF) posted quarterly Profit After Tax of -$37.3 million for Q4 2024, down 5.86% year-over-year from -$39.6 million in Q1 2024, and up 3.1% quarter-over-quarter from -$38.5 million in Q3 2024.
REE Automotive Ltd. (REEAF) Profit After Tax (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Profit After Tax for 5 consecutive years, with -$37.3 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Profit After Tax fell 5.86% year-over-year to -$37.3 million; the TTM figure through Dec 2024 stood at $10.7 billion (down 55.6% YoY), while the FY2025 annual figure was -$55.8 billion, up 50.06% from the prior year.
- Profit After Tax grew to -$37.3 million in Q4 2024 per REEAF's latest filing, from -$38.5 million in the prior quarter.
- Across five years, Profit After Tax topped out at $24.1 billion in Q3 2023 and bottomed at -$31.2 billion in Q2 2021.
- Historically, Profit After Tax has averaged -$984.5 million across 5 years, with a median of -$33.7 million in 2020.
- Annual changes were most pronounced in 2021 — Profit After Tax sank 91997.72% — and 2023, when it soared 72269.08%.
- REE Automotive's Profit After Tax stood at $10.7 million in 2020, then plunged by 535.22% to -$46.7 million in 2021, then soared by 41.57% to -$27.3 million in 2022, then dropped by 29.25% to -$35.2 million in 2023, then fell by 5.86% to -$37.3 million in 2024.
- Business Quant data shows REEAF's Profit After Tax at -$37.3 million in Q4 2024, -$38.5 million in Q3 2024, and $10.8 billion in Q2 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -37.30 Mn |
| Sep 30, 2024 | -38.49 Mn |
| Jun 30, 2024 | 10.79 Bn |
| Dec 31, 2023 | -35.23 Mn |
| Sep 30, 2023 | 24.14 Bn |
| Dec 31, 2022 | -27.26 Mn |
| Sep 30, 2022 | -33.45 Mn |
| Jun 30, 2022 | -25.25 Mn |
| Mar 31, 2022 | -23.02 Mn |
| Dec 31, 2021 | -46.65 Mn |
| Sep 30, 2021 | -414.91 Mn |
| Jun 30, 2021 | -31.18 Bn |
| Mar 31, 2021 | -12.60 Mn |
| Dec 31, 2020 | 10.72 Mn |
| Sep 30, 2020 | -18.79 Bn |
| Jun 30, 2020 | -33.85 Mn |