The Lion Electric Company LEV NYSE

The Lion Electric Company (LEV) generated $-110.04M in operating cash flow for fiscal year 2023. After capital expenditures of $153.47M, free cash flow was $-263.5M.

Free cash flow margin was -103.9% of revenue. Cash conversion ratio was 1.06x, indicating earnings are backed by cash.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (8/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was 1.06x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 49/100 with 2/7 criteria passed.