Financial Statements

XL Fleet Corp. (XL)


-0.01 (-0.79%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2017 2016
Retained Earnings (Previous Year) -93-68-2,152-
Net Income 29-26-15-560441
Stock Dividends -35--53-1651,934
Dividend Paid ---0-228-223
Retained Earnings -99-93-681,1982,152

PPE Schedule

Year 2021 2020 2019 2017 2016
Gross PPE 11---
Annual Depreciation 11-01--
Capital Expenditure -4-0-0--
Net PPE 811--

Intangible and Goodwill Schedule

Year 2021 2020 2019 2017 2016
Intangible and Goodwill (Previous Year) -1,214-00
New Purchases -16,561-19,608---
Intangible and Goodwill 1,2141,234009

XL Fleet Corp. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes XL Fleet Corp. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.