Joby Aviation Q4 net loss $66.9M, cash $1.1B; FAA certification stage 2 complete

Joby Aviation, Inc.

2022-FY EPS reported -$0.44

Net loss of $66.9M in Q4 2022 vs net income of $5.0M in Q4 2021; full year net loss $258M.
Cash and short-term investments $1.1B at year-end, including $60M from Delta equity investment.
FAA certification: 94% of Means of Compliance accepted, stage 2 essentially complete; stage 3 at 53%.
Began final assembly of first company-conforming aircraft on pilot production line; expected to fly H1 2023.
2023 cash burn guidance: net cash used in operations and capex of $360-380M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Joby Aviation, Inc. reported financial results for the fourth quarter and full year 2022.

Period: the fourth quarter and full year 2022
Result: reported results

Exact text from the filing

On February 22, 2023, Joby Aviation, Inc. (the “Company”) announced its financial results for the quarter and fiscal year ended December 31, 2022.

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Joby Aviation, Inc. filing history →

Source: SEC EDGAR

accession 0001819848-23-000047

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