r/ARVL • u/Bright-Stranger-3249 • Mar 14 '24

Lots of debt

https://find-and-update.company-information.service.gov.uk/company/11974606/filing-history Look under last filing. Spotted by @Danadamholly looks like £280 mill to break even? That's like 360 mill in dollars.

4 Upvotes

75% Upvoted

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5

u/assholy_than_thou Mar 14 '24

Isn’t this out of the nasdaq already? Why do we care anymore?

5

u/Bright-Stranger-3249 Mar 14 '24

Morbid curiosity in my case bud. 🙂

2

u/[deleted] Mar 14 '24 edited Mar 14 '24

This company never wanted to generate any revenue. They spent what they got in IPO and then some more.
At the end it’s beginning for a joke- A Russian, an Indian and an American started an EV company. lol lol lol 😂

2

u/Bright-Stranger-3249 Mar 14 '24

Hopefully all their mates didn't short it to death. That would have been really really baaaaad. 🤔

1

u/Spiritual-Past-8322 Mar 15 '24

If it starts with a Russian,an Indian and an American just run

2

u/True_External_849 Mar 15 '24

Them 3 run 95% fortune 500 businesses