Forza X1 Statistics

Total Valuation

Forza X1 has a market cap or net worth of $6.92 million. The enterprise value is -$5.74 million.

Market Cap	6.92M
Enterprise Value	-5.74M

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	186.33
Forward PS	n/a
PB Ratio	0.43
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 -64.31% in the last 52 weeks.

Beta (1Y)	n/a
52-Week Price Change	-64.31%
50-Day Moving Average	0.50
200-Day Moving Average	0.70
Relative Strength Index (RSI)	41.70
Average Volume (30 Days)	45,658

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	-85.78%
FCF Yield	-100.45%

Analyst Forecast

The average price target for Forza X1 is $5.00, which is 1,038.95% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$5.00
Price Target Difference	1,038.95%
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 3.51 and a Piotroski F-Score of 2.

Altman Z-Score	3.51
Piotroski F-Score	2