Electrameccanica Vehicles Dividends and Buybacks

Dividend criteria checks 0/6

Electrameccanica Vehicles does not have a record of paying a dividend.

Key information

n/a

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield	0.4%
Future Dividend Yield	n/a
Dividend Growth	n/a
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Payout ratio	n/a

Recent dividend and buyback updates

No 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 15

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Needs To Drive Business Growth Carefully

Jan 12

Is There An Opportunity With Electrameccanica Vehicles Corp.'s (NASDAQ:SOLO) 24% Undervaluation?

Oct 13

ElectraMeccanica stock gains on license to sell SOLO EV in Arizona

Oct 06

ElectraMeccanica Vehicles names new CFO and Compliance Chief

Aug 23

Here's Why We're Watching Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Aug 16

Electrameccanica Vehicles GAAP EPS of -$0.17, revenue of $1.55M

Aug 11

A Look At The Intrinsic Value Of Electrameccanica Vehicles Corp. (NASDAQ:SOLO)

Jul 15

ElectraMeccanica: Does The Company Have A Role To Play In The Future Of Transportation?

Jun 09

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Can Afford To Drive Business Growth

Apr 06

ElectraMeccanica CEO Kevin Pavlov - Developing & Selling Electric Vehicles

Jan 18

Companies Like Electrameccanica Vehicles (NASDAQ:SOLO) Are In A Position To Invest In Growth

Dec 30

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if SOLO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SOLO's dividend payments have been increasing.

Dividend Yield vs Market

Electrameccanica Vehicles Dividend Yield vs Market

How does SOLO dividend yield compare to the market?
Segment	Dividend Yield
Company (SOLO)	n/a
Market Bottom 25% (US)	1.5%
Market Top 25% (US)	4.6%
Industry Average (Auto)	2.4%
Analyst forecast (SOLO) (up to 3 years)	n/a

Notable Dividend: Unable to evaluate SOLO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SOLO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate SOLO's payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SOLO has not reported any payouts.

Discover strong dividend paying companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/03/27 05:47
End of Day Share Price	2024/03/27 00:00
Earnings	2023/12/31
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

Electrameccanica Vehicles Corp. is covered by 6 analysts. 1 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
Victor Anthony	Aegis Capital Corporation
William Sutherland	Benchmark Company
Michael Shlisky	Colliers Securities

Electrameccanica Vehicles Dividends and Buybacks

Dividend criteria checks 0/6

Key information

Recent dividend and buyback updates

Recent updates

Electrameccanica Vehicles Files Form 15

Electrameccanica Vehicles Corp.(NasdaqCM:SOLO) dropped from NASDAQ Composite Index

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Electrameccanica Vehicles Corp. Announces Retirement of Kim Brink as Chief Revenue Officer, Effective April 24, 2024

Xos, Inc. (NasdaqCM:XOS) entered into a definitive arrangement agreement to acquire Electrameccanica Vehicles Corp. (NasdaqCM:SOLO).

ElectraMeccanica Vehicles Corp Appoints Joanne Yan as Director

Co-Founder & Director notifies of intention to sell stock

Consensus EPS estimates fall by 12%

Tevva Motors Limited Files A Complaint in the United States District Court for the District of Arizona Against ElectraMeccanica, 1432952 B.C. Ltd., 1432957 B.C. Ltd

Tevva Motors Limited Files A Complaint in the United States District Court for the District of Arizona Against ElectraMeccanica, 1432952 B.C. Ltd., 1432957 B.C. Ltd

Third quarter 2023 earnings released: US$0.16 loss per share (vs US$0.18 loss in 3Q 2022)

Electrameccanica Vehicles Corp., Annual General Meeting, Dec 21, 2023

High number of new directors

Electrameccanica Vehicles Corp. Announces Chief Financial Officer Changes

Tevva Motors Limited cancelled the acquisition of Electrameccanica Vehicles Corp. (NasdaqCM:SOLO) in a reverse merger transaction.

Here's Why We're A Bit Worried About Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Tevva Motors Limited cancelled the acquisition of Electrameccanica Vehicles Corp. (NasdaqCM:SOLO) in a reverse merger transaction.

Price target decreased by 8.0% to US$1.04

Consensus revenue estimates decrease by 94%, EPS upgraded

Tevva Motors Limited entered into an agreement to acquire Electrameccanica Vehicles Corp. (NasdaqCM:SOLO) in a reverse merger transaction

New major risk - Financial position

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

Is Electrameccanica Vehicles (NASDAQ:SOLO) In A Good Position To Invest In Growth?

New major risk - Share price stability

No longer forecast to breakeven

Electrameccanica Vehicles Corp. Announces Voluntary Recall

High number of new directors

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Needs To Drive Business Growth Carefully

Electrameccanica Vehicles Corp. Announces COO Changes

Co-Founder & Director exercised options to buy US$261k worth of stock.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

High number of new directors

Electrameccanica Vehicles Corp. Announces the Launch of its First-Ever TV Campaign

Electrameccanica Vehicles Corp. to Report Q3, 2022 Results on Nov 14, 2022

Is There An Opportunity With Electrameccanica Vehicles Corp.'s (NASDAQ:SOLO) 24% Undervaluation?

Electrameccanica Vehicles Corp. Secures License to Sell SOLO EV in Arizona

ElectraMeccanica stock gains on license to sell SOLO EV in Arizona

No longer forecast to breakeven

Now 22% undervalued after recent price drop

Electrameccanica Vehicles Corp. Announces Management Changes

Electrameccanica Vehicles Corp. Announces Executive Appointments

Electrameccanica Vehicles Corp. Appoints Bal Bhullar as Chief Compliance Officer

ElectraMeccanica Vehicles names new CFO and Compliance Chief

Consensus revenue estimates fall by 37%

Here's Why We're Watching Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Price target decreased to US$8.50

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Electrameccanica Vehicles GAAP EPS of -$0.17, revenue of $1.55M

A Look At The Intrinsic Value Of Electrameccanica Vehicles Corp. (NASDAQ:SOLO)

Consensus revenue estimates fall by 28%

ElectraMeccanica: Does The Company Have A Role To Play In The Future Of Transportation?

High number of new directors

Electrameccanica Vehicles Corp., Annual General Meeting, Jul 27, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Electrameccanica Vehicles Corp. Announces Management Changes

Electrameccanica Vehicles Corp. Showcases Its Solo Cargo EV for the First Time At the National Restaurant Association Show

High number of new directors

Consensus forecasts updated

Price target increased to US$10.00

Insider recently sold US$529k worth of stock

Electrameccanica Vehicles Corp. Appoints Automotive Veteran, William Quigley III, to Board of Directors

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Can Afford To Drive Business Growth

ElectraMeccanica Vehicles Corp Appoints Joseph Mitchell as Chief Operating Officer of the Company, Effective on April 1, 2022

Consensus revenue estimates fall by 15%

ElectraMeccanica to Begin Delivery of SOLO Cargo EV to Fleet and Commercial Customers in Second Quarter of 2022

Electrameccanica Vehicles Corp. Announces Retirement of Henry Reisner, Co-Founder and the Current Executive VP and A Director

ElectraMeccanica CEO Kevin Pavlov - Developing & Selling Electric Vehicles

Co-Founder & Director exercised options to buy US$2.7m worth of stock.

Forecast to breakeven in 2024

High number of new directors

Companies Like Electrameccanica Vehicles (NASDAQ:SOLO) Are In A Position To Invest In Growth

Co-Founder recently sold US$163k worth of stock

Electrameccanica Vehicles Corp. Announces 2023 SOLO EV to Be Assembled At the Company’s Mesa Manufacturing Facility in Arizona

High number of new directors

Co-Founder notifies of intention to sell stock