Arcimoto (FUV) - Revenue

Revenue in 2023 (TTM): A$9.9 Million

According to Arcimoto's latest financial reports the company's current revenue (TTM

) is A$10.16 Million. In 2022 the company made a revenue of A$9.63 Million an increase over the revenue in the year 2021 that were of A$6.05 Million. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.

Revenue history for Arcimoto from 2016 to 2023

Annual revenue

Year	Revenue	Change
2023 (TTM)	A$9.9 M	2.78%
2022	A$9.63 M	59.27%
2021	A$6.05 M	113.76%
2020	A$2.83 M	100.6%
2019	A$1.41 M	946.33%
2018	A$0.13 M	-17.12%
2017	A$0.16 M
2016	N/A

Revenue for similar companies or competitors

Company	Revenue	Revenue differencediff.	Country
The Shyft Group SHYF	A$1.21 B	11,811.20%	🇺🇸 USA
Nikola NKLA	A$0.11 B	1,043.02%	🇺🇸 USA
NIO NIO	A$13.61 B	133,901.15%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Revenue for Arcimoto (FUV)

Revenue in 2023 (TTM): A$9.9 Million