Faraday Future: Revenue in the first quarter of 2025 reached 300,000 USD, with financing cash flow exceeding operating outflow.
On May 9th, Faraday Future announced its performance for the first quarter of 2025. The company's revenue for the period was $300,000, mainly from FF91 deliveries and leasing income. Operating net loss was $43.8 million, the same as the same period last year. Operating cash outflow was $20.3 million, an increase of 38% compared to the same period last year. Financing cash inflow was $24.6 million, marking the third consecutive quarter of financing cash inflow exceeding operating cash outflow. FF stated that the company's operational execution and financial condition continued to improve in the first quarter, with significant progress in the FX brand and products. In addition to receiving $20 million from the previous round of financing, FF also secured $41 million in new financing, subject to delivery conditions.
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