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Electrameccanica Vehicles Corporation (SOLO)

Stock Price: $2.44 USD -0.04 (-1.61%)
Updated Sep 25, 2020 4:00 PM EDT - Market closed
Pre-market: $2.48 +0.04 (1.64%) Sep 28, 5:21 AM

Stock Price Chart

Key Info

Market Cap 156.46M
Revenue (ttm) 579,047
Net Income (ttm) -22.95M
Shares Out 64.12M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Sep 25, 2020
Last Price $2.44
Previous Close $2.48
Change ($) -0.04
Change (%) -1.61%
Day's Open 2.34
Day's Range 2.34 - 2.54
Day's Volume 20,787,970
52-Week Range 0.89 - 6.00

More Stats

Market Cap 156.46M
Enterprise Value 149.13M
Earnings Date (est) Nov 23, 2020
Ex-Dividend Date n/a
Shares Outstanding 64.12M
Float 47.35M
EPS (basic) n/a
EPS (diluted) -0.38
FCF / Share -0.54
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 2.48M
Short Ratio 0.57
Short % of Float 5.74%
Beta 1.71
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 270.20
PB Ratio 3.67
Revenue 579,047
Operating Income -20.39M
Net Income -22.95M
Free Cash Flow -19.51M
Net Cash 7.33M
Net Cash / Share 0.11
Gross Margin 16.68%
Operating Margin -3,520.72%
Profit Margin -3,962.60%
FCF Margin -3,369.95%
ROA -32.73%
ROE -65.96%
ROIC -265.60%
Key stats in USD, based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 3
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$5.83*
(138.93% upside)
Low
4.00
Current: $2.44
High
7.50
Target: 5.83
*Average 12-month USD price target from 3 stock analysts.

Financial Performance

Financial numbers in millions CAD.

Financial Overview

Year20192018201720162015
Revenue0.780.780.11--
Revenue Growth-0.19%611.99%---
Gross Profit0.130.200.05--
Operating Income-27.31-16.86-9.49-8.94-0.99
Net Income-30.74-10.04-11.37-8.97-1.00
Shares Outstanding36.0026.5821.8216.3425.77
Earnings Per Share-0.85-0.38-0.52-0.55-0.04
Operating Cash Flow-22.50-15.58-7.32-4.16-0.57
Capital Expenditures-3.64-4.17-1.26-0.23-0.02
Free Cash Flow-26.14-19.76-8.58-4.39-0.59
Cash & Equivalents11.2819.048.613.920.11
Total Debt1.470.011.630.240.19
Net Cash / Debt9.8119.036.983.67-0.08
Assets30.2829.4812.664.790.21
Liabilities11.326.577.010.880.35
Book Value18.9622.915.653.91-0.13
Numbers in millions CAD, except per-share numbers.

Company Profile

Company Details

Full Name Electrameccanica Vehicles Corporation
Country Canada
Employees 63
CEO Michael Paul Rivera

Stock Information

Ticker Symbol SOLO
Stock Exchange NASDAQ
Sector Consumer Cyclical
Industry Auto Manufacturers
Unique Identifier NASDAQ: SOLO

Description

Electrameccanica Vehicles, a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through corporate owned stores. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.