Envirotech Vehicles, Inc.

NasdaqCM:EVTV Stock Report

Market Cap: US$23.1m

Envirotech Vehicles Management

Management criteria checks 3/4

Envirotech Vehicles' CEO is Phil Oldridge, appointed in Sep 2020, has a tenure of 5.75 years. total yearly compensation is $137.60K, comprised of 63.6% salary and 36.4% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth $91.04K. The average tenure of the management team and the board of directors is 1.7 years and 5.3 years respectively.

Key information

Phil Oldridge

Chief executive officer

US$137.6k

Total compensation

CEO salary percentage63.59%
CEO tenure5.8yrs
CEO ownership0.4%
Management average tenure1.7yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Seeking Alpha • Sep 01

Envirotech vehicles secures order for zero-emission high-roof vans from Coastal Marine Services.

Envirotech Vehicles (NASDAQ:EVTV) receives a purchase order from San Diego-based Coastal Marine Services Inc. (CMSI) for three zero-emission high-roof logistics vans. The vans were purchased by CMSI through California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, which provides point-of-sale vouchers that make commercial, zero-emissions vehicles more affordable to companies and industry.  "We are excited to partner with CMSI, and to show how our zero-emission vans can meet the need for cleaner fleet vehicles in demanding shipyard and port operations. With the California Air Resources Board moving toward ending sales of new fossil-fuel cars, trucks and SUVs in California by 2035, this partnership points the way to a more sustainable future where the needs of the ports and maritime transportation sector are met without harming the environment." said CEO Phillip Oldridge. Recently, the company reported Q2 results.
Seeking Alpha • Aug 11

Envirotech Vehicles nabs purchase order for 100 vehicles from DaVinci Innovations

Envirotech Vehicles (NASDAQ:EVTV) received a binding purchase order from DaVinci Innovations (DVI) for a total of 100 vehicles. Envirotech Vehicles announced DaVinci Innovations as the first dealer in their Arkansas dealer network. DVI will receive the 100 vehicles with the intention of selling them to municipalities throughout Arkansas.

CEO Compensation Analysis

How has Phil Oldridge's remuneration changed compared to Envirotech Vehicles's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$29m

Dec 31 2025US$138kn/a

-US$39m

Sep 30 2025n/an/a

-US$28m

Jun 30 2025n/an/a

-US$23m

Mar 31 2025n/an/a

-US$18m

Dec 31 2024US$1mUS$88k

-US$9m

Sep 30 2024n/an/a

-US$10m

Jun 30 2024n/an/a

-US$14m

Mar 31 2024n/an/a

-US$15m

Dec 31 2023US$640kUS$300k

-US$13m

Sep 30 2023n/an/a

-US$48m

Jun 30 2023n/an/a

-US$43m

Mar 31 2023n/an/a

-US$43m

Dec 31 2022US$1mUS$300k

-US$44m

Sep 30 2022n/an/a

-US$11m

Jun 30 2022n/an/a

-US$10m

Mar 31 2022n/an/a

-US$10m

Dec 31 2021US$2mUS$250k

-US$8m

Compensation vs Market: Phil's total compensation ($USD137.60K) is below average for companies of similar size in the US market ($USD641.77K).

Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.

CEO

Phil Oldridge (65 yo)

5.8yrs
Tenure
US$137,600
Compensation

Mr. Phillip W. Oldridge, also known as Phil, serves as Chief Executive Officer at Envirotech Vehicles, Inc. (formerly ADOMANI, Inc) since September 2, 2020 and serves as its Chairman of the Board. He serve...

Leadership Team

NamePositionTenureCompensationOwnership
Phillip Oldridge
Chairman of the Board & CEO5.8yrsUS$137.60k0.39%
$ 91.0k
Jason Maddox
President1.7yrsUS$489.60k2.4%
$ 554.9k
Elgin Tracy
Chief Operating Officer1.7yrsUS$489.60k0%
$ 0
Richard Ross
Executive Vice President of EVTV North America2.9yrsno datano data
Merrick Alpert
Chief Communications Officer1.3yrsno data0%
$ 0
1.7yrs
Average Tenure
53yo
Average Age

Experienced Management: EVTV's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Phillip Oldridge
Chairman of the Board & CEO5.3yrsUS$137.60k0.39%
$ 91.0k
Jason Maddox
Presidentless than a yearUS$489.60k2.4%
$ 554.9k
Michael Di Pietro
Independent Director5.3yrsUS$70.81k0.0068%
$ 1.6k
Terri Elk
Independent Director5.3yrsUS$68.11k0%
$ 0
5.3yrs
Average Tenure
60.5yo
Average Age

Experienced Board: EVTV's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 11:20
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Envirotech Vehicles, 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.

AnalystInstitution
Edward WooAscendiant Capital Markets LLC
Craig IrwinRoth Capital Partners