BackElectrameccanica Vehicles - Warrants (03/08/2023) Overview

Electrameccanica Vehicles - Warrants (03/08/2023) Gross Profit

Latest gross profit for SOLOW: $-2.2M, below the Consumer Discretionary sector average of $360B.

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Quarterly Gross Profit

$-1401622.00
93.48% YoY

As of Dec 31, 2023

Annual Gross Profit (TTM)

$-2171917.00
91.73% YoY

Trailing 12 months ending Dec 31, 2023

Average Gross Profit (Comparison Companies)

Gross Profit History

Gross Profit Comparison

Annual Gross Profit Growth Rate (%)

Annual Gross Profit Growth (Absolute)

Electrameccanica Vehicles - Warrants (03/08/2023) (SOLOW) FAQ

The latest gross profit for SOLOW is $-2.2M as of December 2023. That compares with $-26M in the prior-year period — up 91.7% year over year. That is below the Consumer Discretionary sector average of $360B. Investors often review this figure alongside Electrameccanica Vehicles - Warrants (03/08/2023)'s historical trend and sector peers before judging valuation or financial health.

Over the past year, SOLOW's gross profit moved from $-26M to $-2.2M — a 91.7% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Electrameccanica Vehicles - Warrants (03/08/2023)'s operating scale or balance-sheet position.

Against Consumer Discretionary companies, SOLOW currently prints $-2.2M for gross profit, while the sector average sits near $360B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Electrameccanica Vehicles - Warrants (03/08/2023)'s growth, margins, and balance sheet.

A gross profit figure of $-2.2M for SOLOW is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Consumer Discretionary average is about $360B. Explore the charts below for those layers of context.

After noting SOLOW's gross profit ($-2.2M), review year-over-year change from $-26M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.