Forza X1, Inc. (FRZA)
NASDAQ: FRZA · IEX Real-Time Price · USD
0.444
+0.003 (0.68%)
At close: Apr 16, 2024, 4:00 PM
0.450
+0.006 (1.35%)
Pre-market: Apr 17, 2024, 5:49 AM EDT

Forza X1 Statistics

Total Valuation

Forza X1 has a market cap or net worth of $7.00 million. The enterprise value is -$5.66 million.

Market Cap 7.00M
Enterprise Value -5.66M

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, before market open.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

Forza X1 has 15.75 million shares outstanding. The number of shares has increased by 60.40% in one year.

Shares Outstanding 15.75M
Shares Change (YoY) +60.40%
Shares Change (QoQ) -0.39%
Owned by Insiders (%) 45.13%
Owned by Institutions (%) 2.84%
Float 8.67M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 188.46
Forward PS n/a
PB Ratio 0.44
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

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 15.87, with a Debt / Equity ratio of 0.01.

Current Ratio 15.87
Quick Ratio n/a
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -1,605.15

Financial Efficiency

Return on equity (ROE) is -37.70% and return on invested capital (ROIC) is -40.79%.

Return on Equity (ROE) -37.70%
Return on Assets (ROA) -36.50%
Return on Capital (ROIC) -40.79%
Revenue Per Employee $3,374
Profits Per Employee -$539,374
Employee Count 11
Asset Turnover 0.00
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -60.71% in the last 52 weeks.

Beta (1Y) n/a
52-Week Price Change -60.71%
50-Day Moving Average 0.51
200-Day Moving Average 0.73
Relative Strength Index (RSI) 39.79
Average Volume (30 Days) 45,122

Short Selling Information

The latest short interest is 111,865, so 0.71% of the outstanding shares have been sold short.

Short Interest 111,865
Short Previous Month 72,281
Short % of Shares Out 0.71%
Short % of Float 1.29%
Short Ratio (days to cover) 1.90

Income Statement

In the last 12 months, Forza X1 had revenue of $37,118 and -$5.93 million in losses. Loss per share was -$0.44.

Revenue 37,118
Gross Profit -120,519
Operating Income -6.59M
Pretax Income -5.93M
Net Income -5.93M
EBITDA -5.74M
EBIT -5.93M
Loss Per Share -$0.44
Full Income Statement

Balance Sheet

The company has $12.80 million in cash and $144,562 in debt, giving a net cash position of $12.66 million or $0.80 per share.

Cash & Cash Equivalents 12.80M
Total Debt 144,562
Net Cash 12.66M
Net Cash Per Share $0.80
Equity / Book Value 16.02M
Book Value Per Share 1.02
Working Capital 12.53M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$4.15 million and capital expenditures -$2.80 million, giving a free cash flow of -$6.95 million.

Operating Cash Flow -4.15M
Capital Expenditures -2.80M
Free Cash Flow -6.95M
FCF Per Share -$0.52
Full Cash Flow Statement

Margins

Gross margin is -324.69%, with operating and profit margins of -17,763.44% and -15,984.46%.

Gross Margin -324.69%
Operating Margin -17,763.44%
Pretax Margin -15,984.46%
Profit Margin -15,984.46%
EBITDA Margin -15,473.68%
EBIT Margin -15,974.51%
FCF Margin -18,716.88%

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 -60.40%
Shareholder Yield -60.40%
Earnings Yield -84.82%
FCF Yield -99.32%

Analyst Forecast

The average price target for Forza X1 is $5.00, which is 1,026.13% higher than the current price. The consensus rating is "Strong Buy".

Price Target $5.00
Price Target Difference 1,026.13%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 3.56 and a Piotroski F-Score of 2.

Altman Z-Score 3.56
Piotroski F-Score 2