secwatch.observer — SEC 8-K summary
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Issuer:     General Motors Co (GM)
CIK:        0001467858
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001467858-23-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM reports record FY22 EBIT-adjusted $14.5B; guides FY23 EBIT-adjusted $10.5-12.5B
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- Q4 revenue $43.1B, net income $2.0B, EBIT-adjusted $3.8B; FY22 revenue $156.7B, net income $9.9B, record EBIT-adjusted $14.5B.
- 2023 guidance: net income $8.7-10.1B, EBIT-adjusted $10.5-12.5B, EPS-adjusted $6.00-7.00.
- GMNA EBIT-adjusted FY22 $12.99B (+25.9% YoY); GMI $1.14B (+38.2%); China equity income $677M (-38.3% YoY).
- Cruise segment loss $1.89B includes $1.057B compensation modification; GM Financial EBT-adjusted $4.08B (-19.1% YoY).
- Adjusted automotive free cash flow FY22 $10.5B vs $2.6B in 2021; operating cash flow $19.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467858/000146785823000027/0001467858-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467858/000146785823000027/gm-20230131.htm
  HTML page:      https://secwatch.observer/filing/0001467858-23-000027

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