EVTV Company Profile and Key Details

Over the trailing twelve months, Envirotech Vehicles generated $2.86M in revenue, or $0.19 per share. Gross margin was 30.63%, operating margin -266.02%, and net profit margin -443.05%. Returns are negative, with ROA at -55.99% and ROE at -61.47%.
On valuation metrics, Envirotech Vehicles trades at a P/E of -0.27, P/S of 4.20 and P/B of 1.04. Liquidity is tight, with a current ratio of 0.99 and quick ratio of 0.70. Operationally, the company’s inventory turnover is 0.67 and cash conversion cycle is 382.20 days. Debt-to-equity is 1.03, supported by a cash flow-to-debt ratio of -1.18.

For the quarter ended Dec 31, 2023, Envirotech Vehicles posted revenue of $2.86M, down slightly from $4.5M in the prior quarter. Gross profit was $876.78K (margin 30.63%). Operating income was $-7.62M (margin -266.0%). Net income was $-12.68M (EPS $-0.84).
The company ended the quarter with $456.72K in cash and short-term investments, a total debt of $806.55K, and net debt of $349.83K. Total assets were $22.65M, with equity of $20.63M. Operating cash flow was $-4.25M, free cash flow $-4.28M, capital expenditures $-35.81K.

Envirotech Vehicles, Inc. (NASDAQ:EVTV) closed at $2.40 USD , gaining $0.20 (9.09%) from the previous close of $2.20 . The stock is currently mid-range between its 52-week high and low $1.50 and $26.00. With a market capitalization of about 8.47 million Envirotech Vehicles, Inc. is classified as a mega-cap and shows lower-than-market volatility (beta ~0.61). Average daily volume over the past year has been around 126.67 thousand shares, normal trading volume. Headquartered in Osceola, AR, Envirotech Vehicles, Inc. operates in the Consumer Cyclical sector and the Auto - Manufacturers industry. Led by CEO Phillip W. Oldridge, the company employs approximately 22 people and listed since June 15, 2017. Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States.

EVTV has shown solid momentum, gaining 31.87% over the past week and 13.1% over the past quarter, though year-to-date performance is down -88.12%. Short-term trend indicators are mixed aligned (SMA20 25.59%, SMA50 30.78%, SMA200 -56.87%) The stock’s 14-day RSI is 65.52 (firm momentum), while the ATR of 0.24 points to moderate-to-higher daily volatility. The stock remains hovering near 52-week lows, trading 4023.75% below its high and over -2260.0% above its low. Average 10-day trading volume of 88.93 thousand shares is below the 3-month average of 121.00 thousand , indicating normal recent market interest.

Envirotech Vehicles, Inc. trades at a P/E ratio of -0.27, slightly below the S&P 500 average, with a price-to-sales ratio of 4.2 and a price-to-book ratio of 1.04 suggesting the stock is closer to book value. The P/FCF stands at -1.11, also below market averages. Compared to sector medians, Envirotech Vehicles, Inc. P/S is trading rich

Envirotech Vehicles, Inc. generated EPS of $nan over the past year. Five-year average earnings growth is 17.32%. Wall Street analysts project EPS growth of nan% annually over the next five years. Analyst sentiment is bullish. There are 0 Strong Buy ratings. There are 0 Buy ratings. There are 0 Hold ratings. There is 0 Sell rating. There are 0 Strong Sell ratings. Envirotech Vehicles, Inc. earnings surprise history is mixed. The quarter that ended August 15, 2022, missed forecasts by -65.0%. The prior quarter beat by 0.0%. Over the last six quarters, Apple has recorded several small beats. These include 100.0% in August 14, 2020. There were also notable misses.