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ACHR Financial Statements and Analysis

NYSE : ACHR

Archer Aviation Inc.

$7.77
-0.58-6.95%
At Close 4:00 PM
$8.13
0.36+4.63%
Pre-Market 04:47 AM
73.35
BESG ScoreESG Rating

ACHR FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

ACHR Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue00012.40M0
cost of revenue02.60M2.10M2.10M1.80M
gross profit0-2.60M-2.10M10.30M-1.80M
gross profit ratio0000.8310
research and development expenses89.80M87.70M81.50M77.50M66.10M
general and administrative expenses32.30M31.40M58.70M27.80M-21.60M
selling and marketing expenses0-500.00K-100.00K-100.00K0
selling general and administrative expenses32.30M30.90M58.60M27.70M-21.60M
other expenses09.30M20.60M-7.20M99.999K
operating expenses122.10M118.60M140.10M105.20M44.40M
cost and expenses122.10M121.20M142.20M107.30M46.20M
interest income5.50M5.10M5.30M5.60M5.10M
interest expense00014.80M0
depreciation and amortization3.30M2.60M2.10M2.10M1.80M
ebitda-118.80M-121.20M-139.90M-105.20M-44.40M
ebitda ratio000-8.4840
operating income-122.10M-121.20M-142.20M-107.30M-46.20M
operating income ratio000-8.6530
total other income expenses net6.90M14.40M25.90M-1.60M-5.30M
income before tax-115.20M-106.80M-116.30M-108.90M-51.50M
income before tax ratio000-8.7820
income tax expense100.00K100.00K200.00K200.00K100.00K
net income-115.30M-106.90M-116.50M-109.10M-51.60M
net income ratio000-8.7980
eps-0.29-0.32-0.36-0.36-0.19
eps diluted-0.29-0.32-0.36-0.36-0.19
weighted average shs out397.521M334.072M320.257M303.783M277.683M
weighted average shs out dil397.521M334.072M320.257M303.783M277.683M
Graph

ACHR Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents501.70M367.10M412.50M464.60M461.40M
short term investments00000
cash and short term investments501.70M367.10M412.50M464.60M461.40M
net receivables00000
inventory00000
other current assets21.30M7.90M9.50M800.00K3.10M
total current assets523.00M375.00M422.00M480.20M475.70M
property plant equipment net120.50M100.90M80.80M66.50M59.40M
goodwill00000
intangible assets400.00K400.00K400.00K400.00K400.00K
goodwill and intangible assets400.00K400.00K400.00K400.00K400.00K
long term investments00000
tax assets00000
other non current assets7.60M7.70M7.70M7.20M4.10M
total non current assets128.50M109.00M88.90M74.10M63.90M
other assets001.0000
total assets651.50M484.00M510.90M554.30M539.60M
account payables23.50M25.10M14.10M14.30M15.60M
short term debt3.60M6.60M3.30M2.80M5.20M
tax payables1.40M1.50M1.30M1.40M900.00K
deferred revenue0-25.10M-14.10M93.20M93.40M
other current liabilities58.20M50.40M51.50M3.70M2.80M
total current liabilities86.70M83.60M70.20M114.00M117.00M
long term debt74.90M44.20M30.50M20.40M13.50M
deferred revenue non current011.50M10.80M10.80M0
deferred tax liabilities non current011.50M12.40M-10.80M0
other non current liabilities22.20M-800.00K20.20M52.80M44.60M
total non current liabilities97.10M66.40M61.50M73.20M58.10M
other liabilities00000
capital lease obligations14.50M11.50M12.40M16.00M16.40M
total liabilities183.80M150.00M131.70M187.20M175.10M
preferred stock00000
common stock00000
retained earnings-1.488B-1.372B-1.265B-1.149B-1.04B
accumulated other comprehensive income loss-100.00K-100.00K000
other total stockholders equity1.955B1.706B1.645B1.516B1.404B
total stockholders equity467.70M334.00M379.20M367.10M364.50M
total equity467.70M334.00M379.20M367.10M364.50M
total liabilities and stockholders equity651.50M484.00M510.90M554.30M539.60M
minority interest00000
total investments00000
total debt78.50M47.50M33.80M23.20M18.70M
net debt-423.20M-319.60M-378.70M-441.40M-442.70M
Graph

ACHR Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax000-25.80M14.60M
stock based compensation21.40M22.80M40.70M20.40M-27.40M
change in working capital-7.20M7.80M-600.00K-5.00M-7.60M
accounts receivables00000
inventory00000
accounts payables-17.00M8.60M10.00M-1.10M2.10M
other working capital-7.20M7.80M-600.00K-3.90M-9.70M
other non cash items400.00K21.20M32.70M33.40M3.10M
net cash provided by operating activities-97.20M-80.50M-86.50M-84.00M-66.80M
investments in property plant and equipment-19.60M-20.90M-17.30M-9.00M-15.80M
acquisitions net00000
purchases of investments00000
sales maturities of investments00000
other investing activites00000
net cash used for investing activites-19.60M-20.90M-17.30M-9.00M-15.80M
debt repayment-25.50M-14.60M-10.90M-143.70M-2.50M
common stock issued-76.80M41.40M33.90M-47.90M145.00M
common stock repurchased000-4.131T0
dividends paid000-26.30M0
other financing activites360.40M-500.00K-100.00K4.131T-6.00M
net cash used provided by financing activities258.10M56.00M44.80M95.80M136.50M
effect of forex changes on cash000-4.131T0
net change in cash141.30M-45.40M-59.00M2.80M53.90M
cash at end of period508.40M367.10M412.50M471.50M468.70M
cash at beginning of period367.10M412.50M471.50M468.70M414.80M
operating cashflow-97.20M-80.50M-86.50M-84.00M-66.80M
capital expenditure-19.60M-20.90M-17.30M-9.00M-15.80M
free cash flow-116.80M-101.40M-103.80M-93.00M-82.60M
Graph

Frequently Asked Questions

How did Archer Aviation Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, ACHR generated $0.00 in revenue last quarter, while its costs came in at $0.00.

Last quarter, how much Gross Profit did Archer Aviation Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Archer Aviation Inc. reported a $0.00 Gross Profit for the quarter ended Sep 30, 2024.

Have ACHR's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. ACHR incurred $122.10M worth of Operating Expenses, while it generated -$122.10M worth of Operating Income.

How much Net Income has ACHR posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Archer Aviation Inc., the company generated -$115.30M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Archer Aviation Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Archer Aviation Inc. as of the end of the last quarter was $501.70M.

What are ACHR's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, ACHR had Total Net Receivables of $0.00.

In terms of Total Assets and Current Assets, where did Archer Aviation Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of ACHR were $523.00M, while the Total Assets stand at $651.50M.

As of the last quarter, how much Total Debt did Archer Aviation Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of ACHR's debt was $78.50M at the end of the last quarter.

What were ACHR's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, ACHR reported total liabilities of $183.80M.

How much did ACHR's Working Capital change over the last quarter?

Working Capital Change for ACHR was -$7.20M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

ACHR generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. ACHR generated -$97.20M of Cash from Operating Activities during its recently reported quarter.

What was ACHR's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. ACHR reported a $141.30M Net Change in Cash in the most recent quarter.

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