AYRO Stock Overview

Designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. More details

AYRO fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 23% per year over past 5 years

Does not have a meaningful market cap ($5M)

Makes less than USD$1m in revenue ($222K)

Volatile share price over the past 3 months compared to the US market

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Ayro, Inc. Competitors

Fly-E Group

NasdaqCM:FLYE

US$11.6m

Chijet Motor Company

NasdaqGM:CJET

US$12.3m

Envirotech Vehicles

NasdaqCM:EVTV

US$21.5m

ECD Automotive Design

NasdaqCM:ECDA

US$35.5m

Price History & Performance

Summary of share price highs, lows and changes for Ayro
Historical stock prices
Current Share Price	US$0.70
52 Week High	US$2.10
52 Week Low	US$0.65
Beta	3.7
1 Month Change	-10.58%
3 Month Change	-16.04%
1 Year Change	-60.37%
3 Year Change	-94.96%
5 Year Change	n/a
Change since IPO	-97.14%

Recent updates

What Type Of Shareholders Own The Most Number of Ayro, Inc. (NASDAQ:AYRO) Shares?

Nov 19

AYRO reports Q3 results

Nov 06

Shareholder Returns

	AYRO	US Auto	US Market
7D	4.1%	2.5%	0.6%
1Y	-60.4%	53.2%	23.7%

Return vs Industry: AYRO underperformed the US Auto industry which returned 53.2% over the past year.

Return vs Market: AYRO underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is AYRO's price volatile compared to industry and market?
AYRO volatility
AYRO Average Weekly Movement	11.4%
Auto Industry Average Movement	10.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: AYRO's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: AYRO's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2017	58	Josh Silverman	www.ayro.com

Ayro, Inc. designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. It provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. The company also offers vehicles as an alternative to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and designs and develops AYRO Vanish fleet of low speed electric vehicle.

Ayro, Inc. Fundamentals Summary

How do Ayro's earnings and revenue compare to its market cap?
AYRO fundamental statistics
Market cap	US$4.67m
Earnings (TTM)	-US$17.88m
Revenue (TTM)	US$221.67k

21.4x

P/S Ratio

-0.3x

P/E Ratio

Is AYRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AYRO income statement (TTM)
Revenue	US$221.67k
Cost of Revenue	US$6.89m
Gross Profit	-US$6.67m
Other Expenses	US$11.20m
Earnings	-US$17.88m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-2.62
Gross Margin	-3,010.23%
Net Profit Margin	-8,064.01%
Debt/Equity Ratio	0%

How did AYRO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 23:19
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ayro, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Barry Sine	Spartan Capital Securities, LLC
Brian Lantier	Zacks Small-Cap Research

AYRO Stock Overview

Risk Analysis

Ayro, Inc. Competitors

NasdaqCM:FLYE

US$11.6m

NasdaqGM:CJET

US$12.3m

NasdaqCM:EVTV

US$21.5m

NasdaqCM:ECDA

US$35.5m

Price History & Performance

Recent News & Updates

Ayro, Inc., Annual General Meeting, Dec 30, 2024

Ayro, Inc. (NasdaqCM:AYRO) announces an Equity Buyback for 418,478 shares, for $0.38 million.

Ayro, Inc. Appoints Joseph Ramelli as Chief Financial Officer

Ayro, Inc. announced delayed 10-Q filing

Nasdaq Grants 180 Extension to Ayro to Regain Compliance with Minimum Bid Price Requirement

AYRO, Inc. Announces Resignation of Thomas M. Wittenschlaeger, A Member of Board of Directors

Recent updates

Ayro, Inc., Annual General Meeting, Dec 30, 2024

Ayro, Inc. (NasdaqCM:AYRO) announces an Equity Buyback for 418,478 shares, for $0.38 million.

Ayro, Inc. Appoints Joseph Ramelli as Chief Financial Officer

Ayro, Inc. announced delayed 10-Q filing

Nasdaq Grants 180 Extension to Ayro to Regain Compliance with Minimum Bid Price Requirement

AYRO, Inc. Announces Resignation of Thomas M. Wittenschlaeger, A Member of Board of Directors

Ayro, Inc. Appoints David Hollingsworth as Interim President of the Operations Division of Ayro, Ayro Operating Company, Inc

Ayro, Inc. announced delayed 10-Q filing

Ayro, Inc., Annual General Meeting, Dec 20, 2023

AYRO, Inc. Regains Compliance with NASDAQ Listing Requirements

AYRO Announces Reverse Stock Split to Maintain Nasdaq Listing

AYRO Announces Reverse Stock Split to Maintain Nasdaq Listing

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Ayro, Inc. to Report Q2, 2023 Results on Aug 14, 2023

New minor risk - Shareholder dilution

Ayro, Inc. announced that it expects to receive $22 million in funding

Is Ayro (NASDAQ:AYRO) In A Good Position To Deliver On Growth Plans?

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings released: US$0.62 loss per share (vs US$0.94 loss in FY 2021)

We Think Ayro (NASDAQ:AYRO) Needs To Drive Business Growth Carefully

Ayro, Inc. Announces Completion of Pre-Production Model of AYRO Vanish

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Ayro, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Ayro, Inc., Annual General Meeting, Dec 14, 2022

Will Ayro (NASDAQ:AYRO) Spend Its Cash Wisely?

Ayro, Inc. Announces the Release of the Ayro Vanish, the First Low-Speed Electric Vehicle

Ayro Receives Letter from the Listing Qualifications Department of the Nasdaq Stock Market Regarding Minimum Bid Price Requirement

Ayro, Inc. Appoints David E. Hollingsworth as Chief Financial Officer

AYRO gets new finance chief

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

AYRO Q2 2022 Earnings Preview

Ayro, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Ayro, Inc. to Report Q2, 2022 Results on Aug 11, 2022

We're Keeping An Eye On Ayro's (NASDAQ:AYRO) Cash Burn Rate

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Is Ayro (NASDAQ:AYRO) In A Good Position To Invest In Growth?

No longer forecast to breakeven

We're Hopeful That Ayro (NASDAQ:AYRO) Will Use Its Cash Wisely

No longer forecast to breakeven

Consultant notifies of intention to sell stock

Third quarter 2021 earnings released: US$0.33 loss per share (vs US$0.13 loss in 3Q 2020)

Ayro: Driven To Deliver Negative Shareholder Value

CEO, President & Director Rodney Keller has left the company

Here's Why We're Not Too Worried About Ayro's (NASDAQ:AYRO) Cash Burn Situation

Second quarter 2021 earnings released: US$0.22 loss per share (vs US$0.18 loss in 2Q 2020)

No longer forecast to breakeven

Independent Director notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

Independent Director recently sold US$129k worth of stock

Forecast to breakeven in 2022

First quarter 2021 earnings released: US$0.18 loss per share (vs US$0.62 loss in 1Q 2020)

We Think Ayro (NASDAQ:AYRO) Can Afford To Drive Business Growth

Full year 2020 earnings released: US$0.73 loss per share (vs US$2.95 loss in FY 2019)

Ayro, Inc. Announces Launch of the Electric Vaccine Vehicle

New 90-day low: US$5.45

New 90-day high: US$11.49

Ayro, Inc. (NASDAQ:AYRO) Is Expected To Breakeven In The Near Future

Ayro: Another Entrant In The EV Bubble Race

Ayro: It Will Continue To Have Legs

Ayro Inc.: EV Production Ramp-Up Is The Theme To Watch