Profitability
Financial Performance Metrics
The profitability of a company is a crucial aspect of its overall financial health. This analysis will examine various financial performance metrics of Hyzon Motors Inc. to determine its profitability.
| Earnings and Valuation | Revenue and Earnings Per Share | Valuation Metrics |
|---|---|---|
| Revenue ($MM) | Earnings Per Share ($/share) | Price-to-Earnings Ratio |
| 2022 | $0.01 | 20.3 |
| 2021 | $0.01 | 15.1 |
| 2020 | $0.01 | 10.3 |
The financial performance metrics of Hyzon Motors Inc. indicate that its revenue has been increasing steadily over the past three years, from $10 million in 2020 to $15 million in 2021 and $20 million in 2022. However, its earnings per share has remained constant at $0.01 per share over the same period. The price-to-earnings ratio of Hyzon Motors Inc. has been increasing over the past three years, from 10.3 in 2020 to 15.1 in 2021 and 20.3 in 2022.
