AYRO

AYRO, Inc. engages in the design of compact electric fleet solutions for use within urban and short-haul markets. It offers the AYRO 311 and Club Car 411 models. The company was founded on May 19, 2016 and is headquartered in Round Rock, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AYRO, Inc. engages in the design, development, manufacture, and sale of compact electric fleet solutions for use within urban and short-haul markets. It offers the AYRO 311 and Club Car 411 models. The company was founded on May 19, 2016 and is headquartered in Round Rock, TX.

ROUND ROCK, TX / ACCESSWIRE / December 16, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announced today that through its partnership with GLV Ventures (GLV) it has secured its first purchase order from one of the top three automotive manufacturers in the United States. Josh Silverman, AYRO's Executive Chairman, commented, "This initial purchase order, which is from a top three automotive OEM, not only represents the first new business opportunity that we have secured since partnering with GLV, demonstrating our intention to leverage their low-cost facilities to expand our focus to securing design and manufacturing projects.

AYRO Secures Purchase Order From a Top Three Automotive Manufacturer

Work will expand the scope of AYRO's recently announced low-cost manufacturing and engineering efforts; AYRO intends to collaborate with partner GLV for future projects with the top U.S. auto manufacturer ROUND ROCK, TX / ACCESSWIRE / December 12, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it has been named a tier one supplier for General Motors (GM) through its partnership with GLV Ventures (GLV). AYRO and GLV intend to supply GM as part of an increase in scope of their previously announced low-cost manufacturing and engineering efforts.

AYRO Becomes Tier One Supplier for General Motors

Beginning with the Company's Vanish electric vehicle, AYRO will utilize GLV's lower cost U.S. manufacturing footprint to add new partnerships and secure new purchase orders ROUND ROCK, TX / ACCESSWIRE / December 4, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, today announced a partnership with GLV Ventures for the engineering and manufacturing of the Company's electric vehicle, the Vanish. The relationship will launch with the re-engineering and manufacturing of the Vanish in the United States using its original specifications.

AYRO Partners with GLV Ventures for Lower Cost Engineering and Manufacturing Based in the United States

Appoints new President of operating division and new CFO ROUND ROCK, TX / ACCESSWIRE / August 21, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, today announced that it has appointed Joseph Ramelli as AYRO's new Chief Financial Officer and Gilbert Villarreal as President of AYRO's operating subsidiary. Joseph Ramelli has vast experience in various management roles, including chief executive officer, chief financial officer and president.

AYRO Appoints New Management Team to Re-Engineer and Revamp a Lower Cost Low-Speed Electric Vehicle

Amplify Lithium & Battery Technology ETF

Blue Bird

Blink Charging

Bayerische Motoren Werke AG

BYD Company Limited

BYD Co Ltd

Envirotech Vehicles Inc

Ford Motor Company

Subaru Corp

Geely Automobile Holdings Ltd

General Motors

Canoo

GreenPower Motor Co.

Honda

Hyliion

Hyundai Motor Company

Ideanomics Inc

Global electric car sales June 2024 up 15% YoY to 22% share. China sales up 23% to 49.9% share. Europe down 5% to 22% share. USA down 3.8% to 9.10%. EV market news - EU puts tariffs on China EVs. China doubles cash subsidies to replace ICE cars. U.S. EV sales reach new record in Q2 2024, up 11.3% YoY. EV company news - Tesla delays robotaxi event to October. JPMorgan hikes BYD's PT by more than 80% on outlook (to HKD 475). Volvo June electric car sales up 41%.

EV Company News For The Month Of July 2024

Electric Last Mile Solutions, Inc.

Alphabet

Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs of up to 48% on EV imports from China. EV company news - BYD is in final talks for a Mexico factory. Musk lays out his Tesla targets for Robotaxis & Optimus humanoid robots (~$30T combined).

EV Company News For The Month Of June 2024

Pixelworks

Penny stocks are risky but may make you wealthy with little money. The S&P 500 has 15–20% annual volatility (standard deviation), but penny stocks are riskier because their volatility might exceed 50%.

3 Penny Stocks That Could Make Your Grandchildren Rich

ROUND ROCK, TX / ACCESSWIRE / April 9, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, today announces financial results for the year ended December 31, 2023, and provides a corporate update. "During the fourth quarter of 2023 and throughout the first quarter of 2024, we took various measures intended to streamline our operations and focused on minimizing our cash burn, which is expected to continue to decline dramatically in 2024 as we target a burn rate of approximately $1.5 million per quarter," said Josh Silverman, AYRO's Executive Chairman.

AYRO Reports Year-End 2023 Financial Results and Provides Corporate Update

Li Auto Inc.

Polestar Automotive Holding UK PLC

Just two relatively small data points show that the death of the electric-vehicle revolution has been greatly exaggerated (to paraphrase Mark Twain). First, the EV sales of Hyundai's (OTCMKTS: HYMTF ) luxury brand, Genesis, soared 280% last year to 6,403.

3 Emerging EV Players That Investors May Be Overlooking

Company continues to actively create market opportunities for vehicle sales for the Vanish while leveraging $48 million cash position to optimize shareholder value ROUND ROCK, TX / ACCESSWIRE / January 10, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces its upcoming participation in the 2024 PGA Show January 24-26, 2024, in Orlando, Florida. Those attending the 2024 PGA Show can find AYRO at Booth No.

AYRO to Showcase Vehicles at 2024 PGA Show

Arrival Group

First Trust China AlphaDEX Fund

Fisker Inc

Global electric car sales Nov. 2023 up 31%YoY to 19% share. China sales up 39% to 42% share. Europe down 2% to 26% share. USA up 30.6% to 9.23% share. EV market news - Electric vehicle sales in US to hit record in 2023. U.S proposes Foreign Entity Of Concern ("FEOC") rules. Canada to ban ICE cars/trucks by 2035. EV company news - BYD Co hits target selling 3.01m units in 2023. Tesla expanding Giga Shanghai ready for $25,000 Model 2, confirms over 2m Cybertruck pre-orders, hits 1.8m target.

EV Company News For The Month Of December 2023

Begins launch of new vehicles with strong balance sheet of $48 million in cash ROUND ROCK, TX / ACCESSWIRE / January 3, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that the Company received its first U.S. Government order for the Company's utility low-speed electric vehicle ("LSEV"), the AYRO Vanish (the "Vanish"), for a United States Embassy located in South Asia. "This order highlights the value a whisper quiet, high payload utility vehicle brings to an environment where noise is a principal liability," noted David Hollingsworth, Interim President of AYRO's Operating Division.

AYRO Receives First U.S. Government Order for Its New Utility Low-Speed Electric Vehicle

ROUND ROCK, TX / ACCESSWIRE / December 15, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announces the appointment of its chief financial officer David Hollingsworth as interim president of the operations division of AYRO, AYRO Operating Company, Inc. Mr. Hollingsworth will continue with his ongoing duties as the parent company's CFO, chief information officer and chief human resources officer.

AYRO Names David Hollingsworth Interim President of AYRO's Operating Division

Feature segment to provide LSEV education and showcase how the AYRO Vanish is changing the industry. ROUND ROCK, TX / ACCESSWIRE / December 7, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micromobility and last-mile delivery, announces its upcoming appearance on the esteemed Viewpoint television series hosted by renowned actor and environmental advocate, Dennis Quaid.

AYRO to be Featured on Viewpoint Series with Dennis Quaid

New order represents significant milestone following production launch. ROUND ROCK, TX / ACCESSWIRE / December 5, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that the Company received the first fleet order of the Company's utility low-speed electric vehicle ("LSEV"), the AYRO Vanish (the "Vanish"), for a Fortune 100 Retailer.

AYRO Receives 40 Unit Fleet Order for Fortune 100 Retailer for Newly Released Adaptable Low-Speed Electric Vehicles

Ayro, Inc. (NASDAQ:AYRO ) Q3 2023 Results Conference Call November 21, 2023 8:30 AM ET Company Participants Joey Delahoussaye - Core IR Tom Wittenschlaeger - Chief Executive Officer Dave Hollingsworth - Chief Financial Officer Conference Call Participants Brian Lantier - Zacks Small-Cap Research Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome to Ayro Inc. Third Quarter 2023 Financial Results and Corporate Update Conference Call.

Ayro, Inc. (AYRO) Q3 2023 Earnings Call Transcript

Move is expected to make it easier for importers to import AYRO's low-speed electric vehicles ("LSEVs") into Canada ROUND ROCK, TX / ACCESSWIRE / November 21, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that the Company is now registered on Transport Canada's Appendix G Pre-clearance Program as a foreign manufacturer of new Canadian specification low-speed vehicles. As a result, it is now easier for Canadian commercial importers to import new Canadian-compliant AYRO vehicles into Canada.

AYRO Now Registered on Transport Canada Appendix G Pre-clearance Program as a Foreign Manufacturer of New Low-Speed Vehicles

ROUND ROCK, TX / ACCESSWIRE / November 20, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the third quarter ended September 30, 2023. Recent Financial Highlights: Recognized first revenue from new AYRO Vanish units in the third quarter of 2023 Adjusted EBITDA in the third quarter of 2023 was ($5.2) million vs.

AYRO Announces Third Quarter 2023 Financial Results and Provides Corporate Update

AYRO partners with Forum Communications on award-winning website. ROUND ROCK, TX / ACCESSWIRE / October 31, 2023 / AYRO, Inc.

AYRO Receives w3 Award For New Website

Over 50 experienced the new AYRO Vanish low-speed electric vehicle (the "Vanish") in person. ROUND ROCK, TX / ACCESSWIRE / October 26, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, hosted a live test drive event at AYRO headquarters in Round Rock, Texas last week.

AYRO Completes Test Drive Event

New Patent Helps AYRO Secure Protections to Further Company's Sustainable Roadmap ROUND ROCK, TX / ACCESSWIRE / October 10, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announces that it has been issued U.S. Patent No. 11752882 from the U.S. Patent and Trademark Office for technologies associated with vehicle environmental impact reduction and elimination, and in particular, regulating the environmental impact of an electric vehicle by controlling vehicle acceleration.

AYRO Secures Patent for Vehicle Acceleration Control

ROUND ROCK, TX / ACCESSWIRE / October 4, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announced today that it has received written notice from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with Nasdaq's minimum bid price listing requirement. The Company has satisfied the terms for continued listing on the Nasdaq Capital Market by complying with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2).

AYRO, Inc. Regains Compliance with NASDAQ Listing Requirements

The sixth patent issued to AYRO this year represents the intersection of sustainability and thoughtful, innovative design ROUND ROCK, TX / ACCESSWIRE / October 3, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility and last-mile delivery, announces that it has been issued U.S. Patent No. 11752902 from the U.S. Patent and Trademark Office for "Vehicle Seating System and Methods Thereof.

AYRO Awarded Patent for User-Tailored Vehicle Seat Fabrication Technology

ROUND ROCK, TX / ACCESSWIRE / September 28, 2023 / AYRO, Inc . (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility and last-mile delivery, announces that it has shipped the first production AYRO Vanish (the "Vanish") units to channel partner Cruising Kitchens, a custom food truck builder and mobile business fabricator.

AYRO Ships First Production Vanish Units to Cruising Kitchens

Media, Investors, Partners, and Dealers are invited to participate on October 19, 2023. ROUND ROCK, TX / ACCESSWIRE / September 26, 2023 / AYRO, Inc.

AYRO to Host Test Drive Event at Texas Headquarters

News for AYRO Stock (AYRO)