Stocks in play: The Lion Electric Company
Announced its financial results for the fourth quarter 2022. Lion reports its results in U.S. dollars and in accordance with International Financial Reporting Standards. Revenue of $46.8 million, up $23.9 million, as compared to $22.9 million in Q4 2021. Gross loss of $4.8 million as compared to gross profit of $2.2 million in Q4 2021.Net loss of $4.6 million in Q4 2022, as compared to net earnings of $28.3 million in Q4 2021. The Lion Electric Company shares T.LEV are trading down $0.02 at $2.98.
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