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Phoenix Motor (PEV) Revenue & Revenue Breakdown

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Phoenix Motor Revenue Highlights

Latest Revenue (Y)

$3.12M

Latest Revenue (Q)

$12.03M

Main Segment (Y)

Product and Service, Other

Phoenix Motor Revenue by Period

Phoenix Motor Revenue by Year

DateRevenueChange
2023-12-31$3.12M-27.90%
2022-12-31$4.33M45.45%
2021-12-31$2.98M-33.98%
2020-12-31$4.51M13.01%
2019-12-31$3.99M-

Phoenix Motor generated $3.12M in revenue during NA 2023, up -27.90% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Phoenix Motor Revenue by Quarter

DateRevenueChange
2024-06-30$12.03M27.73%
2024-03-31$9.42M-9071.43%
2023-12-31$-105.00K-136.46%
2023-09-30$288.00K-75.13%
2023-06-30$1.16M-34.98%
2023-03-31$1.78M1.71%
2022-12-31$1.75M328.12%
2022-09-30$409.00K-72.72%
2022-06-30$1.50M123.40%
2022-03-31$671.00K-48.27%
2021-12-31$1.30M134.12%
2021-09-30$554.00K-15.16%
2021-06-30$653.00K38.05%
2021-03-31$473.00K-33.10%
2020-12-31$707.00K-

Phoenix Motor generated $12.03M in revenue during Q2 2024, up 27.73% compared to the previous quarter, and up 675.58% compared to the same period a year ago.

Phoenix Motor Revenue Breakdown

Phoenix Motor Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Product and Service, Other$851.00K-
Others-$739.00K

Phoenix Motor's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product and Service, Other (100.00%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Mar 23Dec 22Sep 22Jun 22
Others$1.17M$233.00K$140.00K$221.00K---
Other-$561.00K-----
Product and Service, Other--$525.00K$326.00K---

Phoenix Motor's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Others (100.00%).

Phoenix Motor Revenue Breakdown by Country

Quarterly Revenue by Country

CountryMar 23Dec 22Sep 22Jun 22
Product and Service, Other$326.00K---
Others-$233.00K$140.00K$221.00K

Phoenix Motor's latest quarterly revenue breakdown by geography, as of Mar 23: Product and Service, Other (100.00%).

Phoenix Motor Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GPGreenPower Motor Company$39.70M$8.38M
PEVPhoenix Motor$3.12M$12.03M
EVTVEnvirotech Vehicles$2.86M$133.93K
ZAPPZapp Electric Vehicles Group--
VLCNVolcon-$1.08M

PEV Revenue FAQ

What is Phoenix Motor’s yearly revenue?

Phoenix Motor's yearly revenue for 2023 was $3.12M, representing a decrease of -27.90% compared to 2022. The company's yearly revenue for 2022 was $4.33M, representing an increase of 45.45% compared to 2021. PEV's yearly revenue for 2021 was $2.98M, representing a decrease of -33.98% compared to 2020.

What is Phoenix Motor’s quarterly revenue?

Phoenix Motor's quarterly revenue for Q2 2024 was $12.03M, a 27.73% increase from the previous quarter (Q1 2024), and a 939.03% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $9.42M, a -9071.43% decrease from the previous quarter (Q4 2023), and a 428.92% increase year-over-year (Q1 2023). PEV's quarterly revenue for Q4 2023 was $-105K, a -136.46% decrease from the previous quarter (Q3 2023), and a -106.00% decrease year-over-year (Q4 2022).

What is Phoenix Motor’s revenue growth rate?

Phoenix Motor's revenue growth rate for the last 3 years (2021-2023) was 4.87%, and for the last 5 years (2019-2023) was -21.75%.

What are Phoenix Motor’s revenue streams?

Phoenix Motor's revenue streams in c 23 are Product and Service, Other

What is Phoenix Motor’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Phoenix Motor was Product and Service, Other. This segment made a revenue of $851K, representing 100.00% of the company's total revenue.