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Old 08-28-2023, 12:04 PM   #1385 (permalink)
JSH
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Arimoto 2Q2023 financials are out.
https://dd7pmep5szm19.cloudfront.net...-23-065538.htm

Highlights
  • $1.76 million - Total revenue
  • $3.56 million - Cost of goods sold
So the cost to make a FUV is double what Arcimoto is selling it for.

A few indicators for long term viability:
  • $1.3 million - Cash on hand
  • $13.2 million - 3Q losses
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