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Phoenix Motor Inc
Previous close
$0.31
Day range
$0.31 - $0.34
Year range
$0.28 - $1.60
Market cap
12.93M USD
Avg Volume
1.38M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 12.03M | 939.03% |
Operating expense | 8.93M | 188.03% |
Net income | -2.26M | 28.93% |
Net profit margin | -18.77 | 93.16% |
Earnings per share | — | — |
EBITDA | -6.68M | -149.94% |
Effective tax rate | 71.54% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.40M | 266.75% |
Total assets | 67.47M | 274.90% |
Total liabilities | 45.61M | 342.97% |
Total equity | 21.86M | — |
Shares outstanding | 37.65M | — |
Price to book | 0.50 | — |
Return on assets | -24.28% | — |
Return on capital | -51.44% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | -2.26M | 28.93% |
Cash from operations | 2.30M | 489.02% |
Cash from investing | -766.00K | -10.22% |
Cash from financing | -2.93M | -290.89% |
Net change in cash | -1.40M | -660.24% |
Free cash flow | 2.62M | 809.07% |
About
Phoenix Cars LLC, d.b.a. Phoenix Motorcars, is a developer of zero emission, all-electric vehicles based in Anaheim, California, United States, focused on the deployment of light- and medium-duty EVs into the fleet and transit markets. The company was founded in 2002 and became a wholly owned subsidiary of Al Yousuf LLC in 2009 and of EdisonFuture in 2020. Phoenix launched its all-electric 14-22 passenger shuttle bus with 100 mile range per charge in 2013. The bus is based on the versatile Ford E350/450 Series vehicle.
In November 2023, Phoenix acquired the electric transit bus division and associated battery leases of bankrupt bus company Proterra for $10M; Volvo bought the battery business proper. Wikipedia
Founded
2002
Headquarters
Website
Employees
30