REE Automotive Ltd.

NasdaqCM REE

REE Automotive Ltd. Gross Profit for the year ending December 31, 2023: USD -7.46 M

REE Automotive Ltd. Gross Profit is USD -7.46 M for the year ending December 31, 2023, a -1,264.35% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

REE Automotive Ltd. Gross Profit for the year ending December 31, 2022 was USD -547.00 K, a 44.69% change year over year.
REE Automotive Ltd. Gross Profit for the year ending December 31, 2021 was USD -989.00 K, a -281.85% change year over year.
REE Automotive Ltd. Gross Profit for the year ending December 31, 2020 was USD -259.00 K, a -235.60% change year over year.
REE Automotive Ltd. Gross Profit for the year ending December 31, 2019 was USD 191.00 K.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

NasdaqCM: REE

REE Automotive Ltd.

CEO	Mr. Daniel Barel
IPO Date	Jan. 13, 2021
Location	Israel
Headquarters	18 Shenkar Street
Employees	244
Sector	Consumer Discretionary
Industries Electric Vehicles (EVs) Automobiles & Vehicles Automotive Parts

Description

REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.

Key trends

Past 5 years