Lilium (LILMF) AI Stock Analysis

• Market Cap: $30.74M
• Dividend Yield: N/A
• Average Volume (3M): 732.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.68
• Revenue Growth: N/A
• EPS Growth: 88.66%
• Country: US
• Employees: 593
• Sector: Industrials
• Sector Strength: 87
• Industry: Diversified Financial Services
• EPS (TTM): -0.16
• Shares Outstanding: 610,760,860
• 10 Day Avg. Volume: 778,121
• 30 Day Avg. Volume: 732,907
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $0.85
• Price Target Upside: 1600.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 28 Underperform
• Price Target: ―

Lilium faces substantial financial and operational challenges, reflected in its weak financial performance and technical indicators. The lack of revenue and persistent losses, coupled with a steep stock price decline post-earnings, highlight significant risks. Without clear positive developments or strategies to address these issues, the stock remains unattractive, resulting in a low overall score.

Positive Factors

Certification Milestone

Lilium recently completed the initial 900V systems power-on milestone of the first full-scale Lilium Jet (MSN 1), a significant achievement on the path to certification.

Government Loan Confidence

Management signaled confidence that approval for the German Government loan is imminent and anticipate a positive outcome.

Supplemental Funding

Lilium provided new language in its 6-K filing indicating that it has obtained £32M in supplemental funding commitments with existing investors as it awaits a German Government loan.

Negative Factors

Cash Burn

Lilium reported a cash burn of (€190.4M) during the first half of the year, a 73% increase from the previous year.

Funding Uncertainty

The Federal Government of Germany has failed to advance a €50M state-loan that Lilium was expecting to receive from the German State Development Bank.

Operational Risk

There is a risk that Lilium could need to substantially reduce costs or scale back operations if the German Government loan is not completed.

Lilium Business Overview & Revenue Model

Company Description

Qell Acquisition Corp is a blank check company.

How the Company Makes Money

Lilium primarily generates revenue through the development and commercialization of its eVTOL aircraft, the Lilium Jet. The company's revenue model is based on selling aircraft to operators and establishing partnerships with infrastructure and service providers to develop a network of vertiports for air taxi operations. Lilium plans to offer a range of services, including passenger flights and cargo transportation, through its regional air mobility network. Additionally, Lilium may explore revenue-sharing agreements with operators and participate in joint ventures to expand its market reach. Key factors contributing to its earnings include successful aircraft certification, strategic partnerships with industry stakeholders, and the expansion of its service offerings in various regions.

Lilium Financial Statement Overview

Summary

Lilium's financials reveal severe operational and financial difficulties, with persistent net losses and no revenue in 2023. The balance sheet shows weak equity and potential solvency issues, while cash flows are heavily reliant on external funding.

Income Statement

Lilium has faced continuous net losses over the years, with no reported revenue in 2023. The lack of revenue and significant net losses indicate operational challenges and difficulties in achieving profitability. The absence of gross profit, EBIT, and EBITDA figures further complicates the analysis of its operational efficiency.

Balance Sheet

The financial structure shows a concerning equity position with low stockholders' equity in 2023. Although the debt level is relatively low, the negative equity in 2022 and a small positive equity in 2023 highlight financial instability. The company's asset base appears weak relative to its liabilities, suggesting potential solvency issues.

Cash Flow

Lilium's cash flow statement reveals significant operating cash outflows and negative free cash flow over the years, indicating challenges in generating cash from operations. The large financing cash inflows in 2023 suggest reliance on external funding, which may not be sustainable in the long term.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
―	―	―	―
	Gross Profit
―	―	36.00K	87.00K
	EBIT
-275.80M	-285.70M	-423.04M	-138.63M
	EBITDA
―	-243.13M	-404.22M	-149.81M
	Net Income Common Stockholders
-389.12M	-253.00M	-410.83M	-188.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
―	―	―	―
	Total Assets
311.94M	288.83M	431.43M	184.95M
	Total Debt
11.17M	10.97M	11.82M	110.35M
	Net Debt
-95.12M	-2.44M	-3.23M	-41.79M
	Total Liabilities
274.88M	415.04M	361.45M	127.22M
	Stockholders Equity
―	―	―	―
Cash Flow		Free Cash Flow
-260.74B	-266.73M	-233.76M	-86.75M
	Operating Cash Flow
-231.99B	-257.58M	-215.07M	-77.88M
	Investing Cash Flow
―	―	―	―
	Financing Cash Flow
―	―	―	―

Lilium Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LILMF, the sentiment is Neutral. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.68 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LILMF.

Lilium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.51B	12.22	5.40%	3.63%	4.14%	-12.01%
SPCE	48 Neutral	$125.14M	―	-95.46%	―	-34.33%	52.30%
SIDU	43 Neutral	$30.20M	―	-109.05%	―	-18.70%	84.35%
SRFM	43 Neutral	$43.00M	―	138.02%	―	31.17%	83.01%
DFLI	41 Neutral	$3.75M	―	-3420.59%	―	-11.38%	-9.63%
MNTS	40 Neutral	$7.81M	―	688.16%	―	-46.28%	93.33%
LILMF	28 Underperform	$30.74M	―	-1050.03%	―	―	88.66%