Fisker Inc (FSRN)

OTCMKTS: FSRN · Delayed Price · USD
0.0350
-0.0045 (-11.39%)
May 10, 2024, 3:59 PM EDT - Market closed
Market Cap 12.01M
Revenue (ttm) 73.13M
Net Income (ttm) -468.49M
Shares Out 343.10M
EPS (ttm) -1.45
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,859,620
Open 0.0393
Previous Close 0.0395
Day's Range 0.0350 - 0.0415
52-Week Range 0.0163 - 0.0950
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About FSRN

Fisker Inc. develops, manufactures, markets, leases, or sells electric vehicles. It operates through three segments: The White Space, The Value Segment, and The Conservative Premium segments. The company is also involved in asset-light automotive business. In addition, it offers fisker flexible platform agnostic design, a process that develops and designs electric vehicles in specific segment size. The company was incorporated in 2016 and is headquartered in Manhattan Beach, California. [Read more]

Founded 2016
Employees 1,560
Stock Exchange OTCMKTS
Ticker Symbol FSRN
Full Company Profile

Financial Performance

In 2022, Fisker's revenue was $342,000, an increase of 222.64% compared to the previous year's $106,000. Losses were -$547.50 million, 16.2% more than in 2021.

Financial numbers in USD Financial Statements

News

Fisker Ocean faces fourth federal safety probe

The U.S. National Highway Traffic Safety Administration (NHTSA) has opened a fourth investigation into the Fisker Ocean SUV, this time to probe multiple claims of “inadvertent Automatic Emergency Brak...

1 day ago - TechCrunch

US auto regulator opens preliminary evaluation into Fisker's Ocean vehicles

The U.S. auto regulator on Friday opened a preliminary evaluation into about 6,813 Fisker's Ocean vehicles over reports of inadvertent activation of the automatic emergency braking system.

1 day ago - Reuters

Fisker's Austria unit begins insolvency proceedings

Fisker's Austrian unit filed for bankruptcy protection on Tuesday as the cash-strapped EV startup looks for strategic options after talks with a major automaker for a potential investment collapsed.

4 days ago - Reuters

Fisker is closing its Manhattan Beach headquarters, employees say

Fisker is closing down its Manhattan Beach headquarters, three sources told Business Insider. The company has warned multiple times it might run out of money and could file for bankruptcy.

4 days ago - Business Insider

Fisker's problems keep piling up

A lawsuit says Fisker failed to pay engineers who helped build its Pear and Alaska vehicles. In a statement to BI, the EV company said the claims are "without merit.

7 days ago - Business Insider

Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims

Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the ...

7 days ago - TechCrunch

Fisker Adds Six New Locations: Three New Dealer Partner Locations in California, and New Locations in Missouri, Pennsylvania, and Guam

LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced that the company has added six ...

9 days ago - Business Wire

Fisker's woes are another reason to consider leasing an EV over buying

Fisker customers are worried about how a potential bankruptcy could impact service needs. Some Fisker owners probably wish they had leased over buying.

9 days ago - Business Insider

Fisker employees are fixing some customers' cars with parts from the company's vehicle 'graveyard,' sources say

Fisker employees are using parts from pre-production vehicles and inventory to fix some customers' cars, eight sources said. The practice has been ongoing since Fisker began deliveries in June 2023, s...

9 days ago - Business Insider

Read the email Fisker sent to staff warning of layoffs if the company can't correct course

Fisker warned staff it might lay them off in two months if efforts to course correct fail. The company said its exploring restructuring alternatives and potential sale discussions.

10 days ago - Business Insider

Fisker warns staff they could get laid off in 2 months

Fisker warned staff of potential layoffs in the next two months, according to 3 employees and an email viewed by BI. The company is exploring options, including prospective buyers and restructuring.

11 days ago - Business Insider

Fisker starts new round of layoffs to ‘preserve cash'

EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email vi...

11 days ago - TechCrunch

Fisker tells employees that 4 automakers are in talks to buy the struggling startup

Fisker is in talks with four automakers for possible acquisition, according to CEO Henrik Fisker. Fisker's CEO held an all-hands with staff on Thursday.

15 days ago - Business Insider

Fisker plans more layoffs as cash dwindles and bankruptcy looms

Fisker says it's planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection wi...

18 days ago - TechCrunch

Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations

Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regu...

18 days ago - Reuters

Fisker Signs New Dealer Partner in Miami and Adds New Dealer Partners in Europe

LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced that the company has signed Fis...

26 days ago - Business Wire

Fisker Withdraws Financial Gudiance. It's Not a Shock.

The EV start-up abandons its financial guidance for 2024, and the company says it's continuing to look at strategic alternatives.

5 weeks ago - Barrons

Fisker withdraws financial guidance as talks to save itself continue

Fisker Inc. said late Wednesday it was withdrawing its financial guidance for 2024 as the embattled EV maker continues to seek alternatives to keep itself afloat.

5 weeks ago - Market Watch

Fisker Withdraws Guidance Amid Strategic Options Evaluation

Fisker also disclosed that board member William McDermott had resigned, and appointed John Dubel as his replacement.

5 weeks ago - WSJ

EV startup Fisker withdraws 2024 financial forecasts, continues to evaluate options

EV startup Fisker said on Wednesday it is withdrawing all financial forecasts for 2024 and is continuing to evaluate strategic options.

5 weeks ago - Reuters

Fisker Faces Third Safety Probe Into Ocean SUVs—Here's What Regulators Are Investigating

The National Highway Traffic Safety Administration opened another investigation into Fisker's 2023 Ocean SUV—the third probe into safety flaws for the model as the electric vehicle manufacturer faces ...

5 weeks ago - Forbes

Fisker woes thicken as NHTSA launches a preliminary probe

Woes continue for Fisker Inc as the NHTSA launched a preliminary probe into the struggling electric vehicles company. Why is Fisker under investigation?

5 weeks ago - Invezz

US opens investigation into Fisker's Ocean vehicles

The U.S. auto regulator has opened a preliminary evaluation of Fisker's 2023 Ocean vehicles after complaints alleging failure to open the door, the National Highway Traffic Safety Administration said ...

5 weeks ago - Reuters

Fisker Ocean reservation cancellations top 40,000 as the EV company tries to fight off bankruptcy, leaked data shows

Fisker has faced a wave of reservation cancellations, according to internal data viewed by BI. Reservation cancellations for the Fisker Ocean recently topped 40,000.

6 weeks ago - Business Insider

Fisker reportedly temporarily misplaced millions of dollars in payments for its EVs

Fisker reportedly temporarily misplaced millions of dollars worth of customer payments. The issue made it difficult for Fisker to accurately report its revenue, TechCrunch reported.

6 weeks ago - Business Insider