Forza X1 Statistics
Total Valuation
Forza X1 has a market cap or net worth of $5.99 million. The enterprise value is -$3.81 million.
| Market Cap | 5.99M |
| Enterprise Value | -3.81M |
Important Dates
The last earnings date was Wednesday, May 15, 2024, before market open.
| Earnings Date | May 15, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Forza X1 has 15.76 million shares outstanding. The number of shares has increased by 50.76% in one year.
| Shares Outstanding | 15.76M |
| Shares Change (YoY) | +50.76% |
| Shares Change (QoQ) | +0.20% |
| Owned by Insiders (%) | 45.10% |
| Owned by Institutions (%) | 2.75% |
| Float | 8.67M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 161.37 |
| Forward PS | n/a |
| PB Ratio | 0.40 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 34.24, with a Debt / Equity ratio of 0.01.
| Current Ratio | 34.24 |
| Quick Ratio | n/a |
| Debt / Equity | 0.01 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -779.61 |
Financial Efficiency
Return on equity (ROE) is -30.80% and return on invested capital (ROIC) is -37.78%.
| Return on Equity (ROE) | -30.80% |
| Return on Assets (ROA) | -29.90% |
| Return on Capital (ROIC) | -37.78% |
| Revenue Per Employee | $3,712 |
| Profits Per Employee | -$509,582 |
| Employee Count | 10 |
| Asset Turnover | 0.00 |
| Inventory Turnover | 0.61 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -69.84% in the last 52 weeks.
| Beta (1Y) | n/a |
| 52-Week Price Change | -69.84% |
| 50-Day Moving Average | 0.44 |
| 200-Day Moving Average | 0.60 |
| Relative Strength Index (RSI) | 40.15 |
| Average Volume (30 Days) | 62,103 |
Short Selling Information
The latest short interest is 55,890, so 0.35% of the outstanding shares have been sold short.
| Short Interest | 55,890 |
| Short Previous Month | 57,427 |
| Short % of Shares Out | 0.35% |
| Short % of Float | 0.64% |
| Short Ratio (days to cover) | 1.98 |
Income Statement
In the last 12 months, Forza X1 had revenue of $37,118 and -$5.10 million in losses. Loss per share was -$0.35.
| Revenue | 37,118 |
| Gross Profit | -100,150 |
| Operating Income | -5.78M |
| Pretax Income | -5.10M |
| Net Income | -5.10M |
| EBITDA | -4.88M |
| EBIT | -5.09M |
| Loss Per Share | -$0.35 |
Balance Sheet
The company has $9.95 million in cash and $149,601 in debt, giving a net cash position of $9.80 million or $0.62 per share.
| Cash & Cash Equivalents | 9.95M |
| Total Debt | 149,601 |
| Net Cash | 9.80M |
| Net Cash Per Share | $0.62 |
| Equity / Book Value | 15.15M |
| Book Value Per Share | 0.96 |
| Working Capital | 10.18M |
Cash Flow
In the last 12 months, operating cash flow was -$3.78 million and capital expenditures -$4.14 million, giving a free cash flow of -$7.92 million.
| Operating Cash Flow | -3.78M |
| Capital Expenditures | -4.14M |
| Free Cash Flow | -7.92M |
| FCF Per Share | -$0.50 |
Margins
Gross margin is -269.82%, with operating and profit margins of -15,569.32% and -13,728.70%.
| Gross Margin | -269.82% |
| Operating Margin | -15,569.32% |
| Pretax Margin | -13,728.70% |
| Profit Margin | -13,728.70% |
| EBITDA Margin | -13,155.72% |
| EBIT Margin | -13,711.11% |
| FCF Margin | -21,324.63% |
Dividends & Yields
Forza X1 does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -50.76% |
| Shareholder Yield | -50.76% |
| Earnings Yield | -85.07% |
| FCF Yield | -132.14% |
Analyst Forecast
The average price target for Forza X1 is $5.00, which is 1,215.79% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $5.00 |
| Price Target Difference | 1,215.79% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Forza X1 has an Altman Z-Score of 8.04 and a Piotroski F-Score of 2.
| Altman Z-Score | 8.04 |
| Piotroski F-Score | 2 |