HW Electro Co., Ltd. (HWEP)

HW Electro will go public soon, but the exact IPO date is still unknown.
IPO Price
$4.00
Shares Offered
4,150,000
Deal Size
$16.60M
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Data will show when the stock starts trading.
Market Cap168.90M
Revenue (ttm)1.83M +27.5%
Net Income-6.00M
EPS-0.14
Shares Out 42.22M
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About HWEP

HW Electro commenced selling and delivering two models of electric light commercial vehicles, ELEMO and ELEMO-K, in Japan in April 2022 and July 2022, respectively, and have been working with Cenntro, our cooperating manufacturer, to produce them under our brand, “ELEMO,” in its factory in Hangzhou, China. ELEMO is the first electric vehicle we sell and is the second electric light commercial vehicle that has ever been sold in Japan. Since the inception of our operation, we have been leveraging the customizability and adjustability of our elect... [Read more]

Founded 2019
Employees 14
Stock Exchange NASDAQ
Ticker Symbol HWEP
Full Company Profile

Financial Performance

In 2024, HW Electro's revenue was $1.83 million, an increase of 27.46% compared to the previous year's $1.44 million. Losses were -$6.00 million, -57.96% less than in 2023.

Financial Statements

News

HW Electro

HW Electro has filed to go public with an IPO on the NASDAQ

2 years ago - SEC