The Lion Electric Company (LEV) CEO Marc Bedard on Q4 2021 Results - Earnings Call Transcript

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Q4: 2022-02-24 Earnings Summary

EPS of -$0.08 misses by $0.02
 | Revenue of $22.87M beats by $9.69M

The Lion Electric Company (LEV) Q4 2021 Earnings Conference Call February 25, 2022 8:30 AM ET

Company Participants

Isabelle Adjahi - Vice President, Investor Relations and Sustainable Development
Marc Bedard - Chief Executive Officer and Founder
Nicolas Brunet - Executive Vice President and Chief Financial Officer

Conference Call Participants

Benoit Poirier - Desjardins Capital
Rupert Merer - National Bank
Kevin Chiang - CIBC
Brian Johnson - Barclays
Nauman Satti - Laurentian Bank
Jonathan Lamers - BMO Capital Markets
Michael Glen - Raymond James
Mark Neville - Scotiabank

Operator

Good morning, ladies and gentlemen. Welcome to Lion Electric Fourth Quarter and 2021 Results Conference Call. [Operator Instructions] A brief question-and-answer session will follow the formal presentation. As a reminder, this conference call is being recorded. I would now like to turn the call over to Isabelle Adjahi, Vice President, Investor Relations and Sustainable Development. Please go ahead, Ms. Adjahi.

Isabelle Adjahi

Good morning, everyone. Welcome to Lion’s fourth quarter and 2021 results conference call. [Foreign Language] Today, I am here with Marc Bedard, our CEO, Founder and Nicolas Brunet, our Executive Vice President and CFO.

Please note that our discussion will include estimates and other forward-looking information, which our actual results could differ from in the future. We invite you to review the cautionary language in yesterday’s earnings release and in our MD&A regarding the various factors, assumptions and risks that could cause our actual results to differ.

With that, let me turn it over to Marc to begin. Marc?

Marc Bedard

Thank you, Isabelle and good morning everyone. Thanks for being with us today to discuss our performance during our first year as a public company, a performance we are very proud of.

Indeed, 2021 was the best year ever for Lion. We consolidated our commanding leadership position in the electric bus

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