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Earnings/results
Fisker maintains its spending guidance for Q2 2022
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Aug 3, 2022
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Dec 19, 2024
Aug 3, 2022

Fisker maintains its spending guidance for Q2 2022

Earnings/results

  • Fisker, an NYSE-listed EV manufacturer, announced Q2 2022 operating results consistent with company expectations, with its 2022 spending guidance remaining unchanged. 

  • The company reported a net loss of USD 106 million and USD 852 million cash in hand, which, according to the company, is sufficient to fund the production launch of the Fisker Ocean in November 2022 and for additional vehicle development throughout 2022.

  • Fisker is currently carrying out final testing on its 55 Fisker Ocean prototypes before SOP on November 17, 2022. The 5,000 pre-orders of the launch edition Fisker Ocean One are already sold out. 

  • Moreover, the consumer demand for Fisker is positive, with Fisker Ocean reservations totaling more than 56,000 as of August 1, 2022 (an increase of 87% from 30,000 in February 2022).

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