Nio Inc (NIO)

[JLS]

NIO Third Quarter Numbers:

Reported quarter ending September 30, 2019.

Notes:
1) The numbers below reflect that performance period which ended 3 months ago.
2) All dollars are U.S.
3) The data below comes from the NIO web site. If you want to complain about it, complain to NIO through their web site.

SHANGHAI, China, Dec. 30, 2019
http://tinyurl.com/ygeq7fp6

Vehicle sales: $242.5 Million
Vehicle margin: -6.8%
Gross margin: -12.1%
Loss from Operations: $337.1 Million
Net Loss: $352.8 Million
Net loss attributable to NIO’s ordinary shareholders: $357.3 Million

Third Quarter Loss from operations: $337.1 Million

Cash and cash equivalents, restricted cash and short-term investment: $274.3 Million as of Sep. 30, 2019

NIO needs a cash cow, and it needs it NOW. If this last quarter ending in December was as bad as their previous quarter then NIO is probably not paying all their bills.