Private company

Romeo Power, Inc.

American motor vehicle parts and accessories company, incorporated in Delaware1

In its 2022 annual report the company says: “We are an industry leading energy storage technology company focused on designing and manufacturing lithium-ion battery modules and packs for vehicle electrification. Through our energy dense battery modules and packs, we enable large-scale sustainable transportation by delivering safe, longer lasting batteries that have shorter charge times and longer life.”46 It is headquartered in Cypress, California.1

Last updated Oct 20, 2026.

Overview

  • IndustryMotor Vehicle Parts & Accessories1
  • HeadquartersCypress, California1
  • Incorporated inDE2
  • Business address5560 Katella Avenue, Cypress, Ca 906302
  • Filer categoryLarge accelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

-127.0%Gross margin3
-698.0%Operating margin3
59.7%Net margin3
87.3%Revenue growth, 20213
3.6%Return on equity3
0.00×Debt to equity3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue26¢$38.2M
  • Research and development11¢$15.3M
  • Selling, general and admin56¢$80.7M
  • Interest0¢$44.0K
  • Income tax0¢$7.0K
  • Profit7¢$10.0M

Out of $16.8M in revenue.3

Financial statements

Revenue43$16.8M in 2021+98% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $8.5M$8.5M20192020: $9.0M$9.0M2020+6%2021: $16.8M$16.8M2021+87%
Gross profit43-$21.3M in 2021+144% since 2019
-$30.0M-$20.0M-$10.0M02019: -$8.7M-$8.7M20192020: -$9.0M-$9.0M2020+3%2021: -$21.3M-$21.3M2021+137%
Operating income43-$117.3M in 2021+205% since 2019
-$150.0M-$100.0M-$50.0M02019: -$38.5M-$38.5M20192020: -$38.4M-$38.4M2020−0%2021: -$117.3M-$117.3M2021+205%
Net income43$10.0M in 2021
-$60.0M-$40.0M-$20.0M0$20.0M2019: -$59.9M-$59.9M20192020: -$11.7M-$11.7M2020−80%2021: $10.0M$10.0M2021
Fiscal year2018201920202021
Revenue$8.5M4$9.0M3$16.8M3
Cost of revenue$17.2M4$18.0M4$38.2M3
Gross profit-$8.7M4-$9.0M3-$21.3M3
Research and development$11.2M4$8.0M3$15.3M3
Selling, general and admin$13.9M4$21.5M3$80.7M3
Operating expenses$95.9M3
Operating income-$38.5M4-$38.4M3-$117.3M3
Interest$11.0M4$1.1M3$44.0K3
Income before tax$12.7M3
Income tax$1.0K4$2.0K3$7.0K3
Net income-$59.9M4-$11.7M3$10.0M3
Earnings per share-$1.024-$0.153$0.083
Earnings per share (diluted)-$1.024-$0.153$0.073
Shares (weighted, basic)132.0M shares3
Shares (weighted, diluted)135.3M shares3

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Corporate structure

Romeo Power, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Romeo Power, Inc.

  • Michael Patterson Filed SC 13G/A on Romeo Power, Inc., latest Mar 14, 2022
  • YA II PN, Ltd. Filed SC 13G on Romeo Power, Inc., latest Feb 17, 2022
  • RMG Sponsor, LLC Filed SC 13G/A on Romeo Power, Inc., latest Feb 14, 2022
  • VANGUARD GROUP INC Filed SC 13G on Romeo Power, Inc., latest Feb 10, 2022
  • Romeo Power, Inc. Cypress, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Romeo Power, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$23.4M3 Dec 31, 2021$11.6M3 Dec 31, 2020+100.8%
Accumulated depreciation$8.2M3 Dec 31, 2021$6.2M3 Dec 31, 2020+33.6%
Property and equipment, net$15.2M3 Dec 31, 2021$5.5M3 Dec 31, 2020+176.4%
Finance-lease assets$4.1M3 Dec 31, 2021$269.0K3 Dec 31, 2020+1413.0%
Operating-lease assets (leased space)$23.1M3 Dec 31, 2021$5.5M3 Dec 31, 2020+322.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$22.6M3 Dec 31, 2021$292.4M3 Dec 31, 2020−92.3%
Debt securities available for sale$97.3M3 Dec 31, 2021$03 Dec 31, 2020
Deposits held (banks)$1.5M3 Dec 31, 2021

Inventory

ItemLatestA year beforeChange
Inventory, total$37.1M3 Dec 31, 2021$4.9M3 Dec 31, 2020+652.0%
Raw materials$35.3M3 Dec 31, 2021$4.1M3 Dec 31, 2020+769.3%
Work in process$1.4M3 Dec 31, 2021$531.0K3 Dec 31, 2020+156.9%
Finished goods$434.0K3 Dec 31, 2021$342.0K3 Dec 31, 2020+26.9%

Leadership

Who has led Romeo Power, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert S. Mancini2019–2021
  2. Lionel E. Selwood Jr.2020–2021

Chair

  1. David James Carpenter2019–2021

President

  1. Philip Kassin2019–2021
  2. Lionel E. Selwood Jr.2020–2021

Chief financial officer

  1. Lauren Webb2020–2021
  2. Kerry A. Shiba2021–2022

Chief operating officer

  1. Philip Kassin2019–2021
  2. Criswell Choi2020–2022
  3. Anne Devine2022
20202025
Board members and other officers (18)

Former names

  • RMG Acquisition Corp.Nov 15, 2018 to Dec 30, 20202

Timeline

  1. Oct 17, 20228-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights28
  2. Aug 8, 20228-K Results of operations29
  3. Aug 1, 20228-K Executive or director change30
  4. Aug 1, 20228-K Entered a material agreement; New debt or obligation; Regulation FD disclosure31
  5. Jul 1, 20228-K Shareholder vote32
  6. Jun 15, 20228-K Other events33
  7. Jun 10, 20228-K Listing notice or transfer; Regulation FD disclosure34
  8. May 13, 20228-K Entered a material agreement35
  9. May 9, 20228-K Results of operations36
  10. Apr 20, 20228-K Bylaws or fiscal year changed37
  11. Mar 2, 20228-K Entered a material agreement38
  12. Mar 2, 20228-K Results of operations39
  13. Dec 31, 2020New chief executive Lionel E. Selwood Jr. becomes CEO8
  14. Feb 6, 2019New chief executive Robert S. Mancini becomes CEO9

Calendar

When it reported results

  1. Aug 8, 2022Reported quarterly or annual results29
  2. May 9, 2022Reported quarterly or annual results36
  3. Mar 2, 2022Reported quarterly or annual results39
  4. Mar 1, 2022Reported quarterly or annual results40
  5. Nov 15, 2021Reported quarterly or annual results41

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

145 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 20 major events, 48 insider forms, 4 large holders, 69 other. The latest 20:

  1. Oct 28, 202215-12G EDGAR
  2. Oct 19, 2022EFFECT EDGAR
  3. Oct 17, 20224 EDGAR
  4. Oct 17, 20224 EDGAR
  5. Oct 17, 20224 EDGAR
  6. Oct 17, 20224 EDGAR
  7. Oct 17, 20224 EDGAR
  8. Oct 17, 20224 EDGAR
  9. Oct 17, 20224 EDGAR
  10. Oct 17, 20224 EDGAR
  11. Oct 17, 20224 EDGAR
  12. Oct 17, 20224 EDGAR
  13. Oct 17, 20224 EDGAR
  14. Oct 17, 20224 EDGAR
  15. Oct 17, 2022S-8 POS EDGAR
  16. Oct 17, 2022POS AM EDGAR
  17. Oct 17, 20228-K EDGAR
  18. Oct 14, 2022SC 14D9/A EDGAR
  19. Oct 13, 2022425 EDGAR
  20. Oct 13, 2022425 EDGAR

The 145 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 0 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 1, 2022BORGWARNER INC10% ownerSale1,654,954$1.71$2.8MForm 4
Feb 28, 2022BORGWARNER INC10% ownerSale1,420,046$1.80$2.6MForm 4
Feb 25, 2022BORGWARNER INC10% ownerSale1,045,000$1.82$1.9MForm 4
Feb 24, 2022BORGWARNER INC10% ownerSale1,155,000$1.82$2.1MForm 4
Feb 23, 2022BORGWARNER INC10% ownerSale785,000$1.80$1.4MForm 4
Feb 22, 2022BORGWARNER INC10% ownerSale1,350,399$1.88$2.5MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Romeo Power, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRomeo Power, Inc.1
  • CIK0001757932
  • Employer ID (EIN)83-22897871
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3714 Motor Vehicle Parts & Accessories1
  • Business address5560 Katella Avenue, Cypress, CA 906301
  • Phone833-467-22371
  • Shares outstanding185,908,638 as of Aug 1, 20226
  • Public float$883.0M as of Jun 30, 20213
  • On EDGAR sinceNov 15, 20181
  • Filings378 in all: 4 (101), 8-K (51), 425 (41), 424B3 (33), 3 (24), SC 13G (15), SC 13G/A (14), 10-Q (11)1
    All 41 form types

    DEFA14A (9), SC TO-T/A (8), SC 13D/A (7), SC 14D9/A (7), 424B2 (5), CORRESP (5), 10-K (4), EFFECT (4), UPLOAD (4), 25-NSE (3), 8-K/A (3), S-1/A (3), 4/A (2), DEF 14A (2), S-1 (2), S-4/A (2), SC 13D (2), 15-12G (1), 3/A (1), 424B5 (1), 8-A12B (1), CERT (1), DRS (1), NT 10-K (1), POS AM (1), PRE 14A (1), S-3 (1), S-4 (1), S-4MEF (1), S-8 (1), S-8 POS (1), SC 14D9 (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2022
    Quarterly report (10-Q) Aug 8, 2022
    Proxy statement (DEF 14A) Apr 28, 2022
    Latest 8-K (8-K) Oct 17, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

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