Aptera Motors Corp SEV
Motors Corp. was formed on March 4, 2019 under the laws of the state of Delaware, and is headquartered in Carlsbad, California. Our principal
business is the development, production, and distribution of energy efficient solar-powered, battery-electric vehicles. Our mission is
to create the most efficient transportation on the planet, where every journey is powered by the sun.
have designed the Aptera vehicle to provide up to an estimated 40 miles per day by collecting energy from the sun and storing it in our
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| R&D | $21.3M | $17.0M | — |
| SG&A | $26.8M | $20.1M | — |
| Total operating expenses | $48.1M | $37.1M | — |
| Operating income | -$48.1M | -$37.1M | — |
| Net income | -$43.9M | -$34.9M | — |
| EPS, basic | -1.79 | -1.52 | — |
| EPS, diluted | -1.79 | -1.52 | — |
| Shares, diluted (wtd. avg.) | $24.5M | $23.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $9.6M | $13.2M | $17.0M |
| Total current assets | $10.1M | $14.4M | — |
| Property, plant and equipment | $17.8M | $16.9M | — |
| Total assets | $30.2M | $34.9M | — |
| Accounts payable | $1.7M | $277.0K | — |
| Total current liabilities | $9.5M | $6.6M | — |
| Total liabilities | $9.8M | $8.0M | — |
| Retained earnings | -$321.3M | -$277.4M | — |
| Total equity | $20.4M | $26.9M | $24.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$15.3M | -$22.5M | — |
| Stock-based compensation | $24.7M | $14.8M | — |
| Capital expenditure | $1.4M | $3.6M | — |
| Investing cash flow | -$1.4M | -$3.6M | — |
| Financing cash flow | $13.1M | $22.3M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-013581.
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