Ayro, Inc. (AYRO)

Ayro, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	0.5	2.99	2.68	1.6	0.89
Revenue Growth (YoY)	-83.32%	11.44%	67.30%	80.20%	-
Cost of Revenue	5.13	6.04	4.77	1.77	0.69
Gross Profit	-4.64	-3.05	-2.09	-0.17	0.2
Selling, General & Admin	16.1	13.38	19.59	8.02	7.98
Research & Development	7.42	6.85	11.45	1.92	0.71
Operating Expenses	23.52	20.22	31.04	9.94	8.69
Operating Income	-28.16	-23.28	-33.13	-10.11	-8.49
Interest Expense / Income	0	0	0	0.33	0.17
Other Expense / Income	6	-0.34	-0.05	0.33	-0
Pretax Income	-34.16	-22.94	-33.08	-10.76	-8.66
Net Income	-34.16	-22.94	-33.08	-10.76	-8.66
Preferred Dividends	4.88	0	0	0.43	0
Net Income Common	-39.04	-22.94	-33.08	-11.2	-8.66
Shares Outstanding (Basic)	5	5	4	2	0
Shares Outstanding (Diluted)	5	5	4	2	0
Shares Change	2.88%	5.34%	129.33%	421.48%	986.96%
EPS (Basic)	-8.19	-4.95	-7.52	-5.84	-23.60
EPS (Diluted)	-8.19	-4.95	-7.52	-5.84	-23.60
Free Cash Flow	-28.25	-20.32	-27.17	-10.52	-4.48
Free Cash Flow Per Share	-5.93	-4.39	-6.18	-5.49	-12.20
Gross Margin	-929.03%	-102.09%	-77.92%	-10.38%	22.28%
Operating Margin	-5643.51%	-778.36%	-1234.49%	-630.04%	-954.26%
Profit Margin	-7824.49%	-766.94%	-1232.65%	-697.99%	-973.39%
Free Cash Flow Margin	-5663.03%	-679.40%	-1012.43%	-656.06%	-503.66%
EBITDA	-32.92	-21.98	-32.34	-9.88	-7.77
EBITDA Margin	-6598.18%	-734.98%	-1205.22%	-615.75%	-872.85%
Depreciation & Amortization	1.24	0.96	0.73	0.56	0.72
EBIT	-34.16	-22.94	-33.08	-10.44	-8.49
EBIT Margin	-6846.92%	-766.94%	-1232.57%	-650.61%	-954.02%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).