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CENN - Cenntro Electric Group GAAP EPS of -$0.09 revenue of $8.58M
Cenntro Electric Group Limited
Cenntro Electric Group press release (NASDAQ:CENN): FY GAAP EPS of -$0.09. Revenue of $8.58M (+57.1% Y/Y). The number of commercial vehicles sold was 918 units, an increase of 29.8% from 707 units sold in 2020. Gross margin was 17.5%, up 7.1 percentage points from 10.4% in 2020. Cash and equivalents were $261.1 million as of December 31, 2021, compared with $4.5 million as of December 31, 2020. Shares +1.6%.