REE Automotive Projects 2025 Revenue Of ~$1.3M, Operating Loss Of ~$106.1M And Net Loss Of ~$55.5M; Flags Ongoing Going-Concern Risk

Benzinga05-02

While the Company is still reviewing and finalizing its financial results for the year ended December 31, 2025, it is able to provide certain preliminary results. The Company expects to report the following for the year ended December 31, 2025: (i) revenues of approximately $1.3 million, as compared to revenues of approximately $0.2 million for the year ended December 31, 2024; (ii) operating loss of approximately $106.1 million, as compared to an operating loss of approximately $79.1 million for the year ended December 31, 2024; and (iii) net loss of approximately $55.5 million, as compared to a net loss of approximately $111.8 million for the year ended December 31, 2024. The Company's financial statements for the year ended December 31, 2025 are expected to continue to reflect that there is substantial doubt about the Company's ability to continue as a going concern for the next twelve months.

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