Electrameccanica Vehicles Corporation (SOLO)

NASDAQ: SOLO · IEX Real-Time Price · USD
1.16
-0.03 (-2.52%)
Dec 1, 2022 4:00 PM EST - Market closed
-2.52%
Market Cap 141.48M
Revenue (ttm) 5.53M
Net Income (ttm) -76.52M
Shares Out 118.85M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE 4.73
Dividend n/a
Ex-Dividend Date n/a
Volume 318,083
Open 1.19
Previous Close 1.19
Day's Range 1.15 - 1.19
52-Week Range 1.01 - 2.92
Beta 2.19
Analysts Buy
Price Target 7.62 (+556.9%)
Earnings Date Nov 14, 2022

About SOLO

Electrameccanica Vehicles Corp., 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 Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorpor... [Read more]

Industry Automobiles
Founded 2015
Employees 223
Stock Exchange NASDAQ
Ticker Symbol SOLO
Full Company Profile

Financial Performance

In 2021, SOLO's revenue was 2.10 million, an increase of 269.51% compared to the previous year's 568,521. Losses were -41.33 million, -34.45% less than in 2020.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SOLO stock is "Buy." The 12-month stock price forecast is 7.62, which is an increase of 556.90% from the latest price.

Price Target
$7.62
(556.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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ElectraMeccanica Reports Third Quarter 2022 Financial Results

VANCOUVER, British Columbia--( BUSINESS WIRE )--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the...

2 weeks ago - Business Wire

ElectraMeccanica to Participate in Upcoming Events in Arizona and California

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the u...

3 weeks ago - Business Wire

ElectraMeccanica Announces Upcoming Investor Day

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the u...

4 weeks ago - Business Wire

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ElectraMeccanica Launches First-Ever TV Campaign

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the u...

1 month ago - Business Wire

ElectraMeccanica Vehicles Corp. to Announce Q3 2022 Earnings on November 14

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the u...

1 month ago - Business Wire

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ElectraMeccanica Secures License to Sell SOLO EV in Arizona

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Secures License to Sell SOLO EV in Arizona

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ElectraMeccanica Announces Management Changes

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles revolutionizing the u...

3 months ago - Business Wire

ElectraMeccanica Vehicles Corp. (SOLO) Reports Q2 Loss, Misses Revenue Estimates

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3 months ago - Zacks Investment Research

ElectraMeccanica Reports Second Quarter 2022 Financial Results

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the u...

3 months ago - Business Wire

ElectraMeccanica Reports AGM Results

VANCOUVER, British Columbia--(BUSINESS WIRE)--ElectraMeccanica releases results of its Annual General Meeting.

4 months ago - Business Wire