earnings
confidence high
sentiment neutral
materiality 0.85
Lucid Q4 revenue $234.5M, deliveries up 79% YoY; CEO Rawlinson steps down, 2025 guidance 20k vehicles
Lucid Group, Inc.
2024-FY EPS reported
-$1.25
revenue$807,832,000
- Q4 revenue $234.5M, full year revenue $807.8M; GAAP net loss per share $(0.22) Q4, $(1.25) FY; non-GAAP $(0.22) Q4, $(1.04) FY
- Q4 deliveries 3,099 (+79% YoY), full year deliveries 10,241 (+71% YoY); 2025 production guidance ~20,000 vehicles
- CEO transition: Peter Rawlinson steps down, becomes Strategic Technical Advisor; COO Marc Winterhoff appointed Interim CEO
- Credit facility with Gulf International Bank renewed and increased to SAR 1.9B (~$507M) from SAR 1.0B, maturing Feb 2028
- Total liquidity $6.13B at quarter end