SOLO Stock Overview
Electrameccanica Vehicles Corp. develops, manufactures, and sells electric vehicles in the United States and Canada.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Electrameccanica Vehicles Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.21 |
| 52 Week High | US$1.04 |
| 52 Week Low | US$0.20 |
| Beta | 2.6 |
| 1 Month Change | -17.43% |
| 3 Month Change | -39.63% |
| 1 Year Change | -52.85% |
| 3 Year Change | -95.49% |
| 5 Year Change | -94.30% |
| Change since IPO | -92.93% |
Recent News & Updates
Recent updates
Here's Why We're A Bit Worried About Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation
Oct 06
Is Electrameccanica Vehicles (NASDAQ:SOLO) In A Good Position To Invest In Growth?
Jun 15We Think Electrameccanica Vehicles (NASDAQ:SOLO) Needs To Drive Business Growth Carefully
Jan 12Is There An Opportunity With Electrameccanica Vehicles Corp.'s (NASDAQ:SOLO) 24% Undervaluation?
Oct 13ElectraMeccanica stock gains on license to sell SOLO EV in Arizona
Oct 06ElectraMeccanica Vehicles names new CFO and Compliance Chief
Aug 23Here's Why We're Watching Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation
Aug 16Electrameccanica Vehicles GAAP EPS of -$0.17, revenue of $1.55M
Aug 11A Look At The Intrinsic Value Of Electrameccanica Vehicles Corp. (NASDAQ:SOLO)
Jul 15ElectraMeccanica: Does The Company Have A Role To Play In The Future Of Transportation?
Jun 09We Think Electrameccanica Vehicles (NASDAQ:SOLO) Can Afford To Drive Business Growth
Apr 06ElectraMeccanica CEO Kevin Pavlov - Developing & Selling Electric Vehicles
Jan 18Companies Like Electrameccanica Vehicles (NASDAQ:SOLO) Are In A Position To Invest In Growth
Dec 30Shareholder Returns
| SOLO | US Auto | US Market | |
|---|---|---|---|
| 7D | -9.1% | 9.0% | 1.0% |
| 1Y | -52.9% | 6.2% | 21.9% |
Return vs Industry: SOLO underperformed the US Auto industry which returned 6.2% over the past year.
Return vs Market: SOLO underperformed the US Market which returned 21.9% over the past year.
Price Volatility
| SOLO volatility | |
|---|---|
| SOLO Average Weekly Movement | 8.9% |
| Auto Industry Average Movement | 9.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SOLO's share price has been volatile over the past 3 months.
Volatility Over Time: SOLO's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 34 | Susan Docherty | www.emvauto.com |
Electrameccanica Vehicles Corp. develops, manufactures, and sells electric vehicles in the United States and Canada. Its flagship product is the SOLO, a single seat vehicle. The company is also developing four-wheeled eRoadster and Tofino.
Electrameccanica Vehicles Corp. Fundamentals Summary
| SOLO fundamental statistics | |
|---|---|
| Market cap | US$25.36m |
| Earnings (TTM) | -US$57.58m |
| Revenue (TTM) | US$608.43k |
41.7x
P/S Ratio-0.4x
P/E RatioIs SOLO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOLO income statement (TTM) | |
|---|---|
| Revenue | US$608.43k |
| Cost of Revenue | US$7.55m |
| Gross Profit | -US$6.94m |
| Other Expenses | US$50.64m |
| Earnings | -US$57.58m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.48 |
| Gross Margin | -1,140.84% |
| Net Profit Margin | -9,464.08% |
| Debt/Equity Ratio | 0% |
How did SOLO perform over the long term?
See historical performance and comparison