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
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Revenue | 0.78 | 0.78 | 0.11 | - | - |
| Revenue Growth | -0.19% | 611.99% | - | - | - |
| Gross Profit | 0.13 | 0.20 | 0.05 | - | - |
| 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 Outstanding | 36.00 | 26.58 | 21.82 | 16.34 | 25.77 |
| 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 & Equivalents | 11.28 | 19.04 | 8.61 | 3.92 | 0.11 |
| Total Debt | 1.47 | 0.01 | 1.63 | 0.24 | 0.19 |
| Net Cash / Debt | 9.81 | 19.03 | 6.98 | 3.67 | -0.08 |
| Assets | 30.28 | 29.48 | 12.66 | 4.79 | 0.21 |
| Liabilities | 11.32 | 6.57 | 7.01 | 0.88 | 0.35 |
| Book Value | 18.96 | 22.91 | 5.65 | 3.91 | -0.13 |
Numbers in millions CAD, except per-share numbers.
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.