Announcement • Jan 31
Zapp Electric Vehicles Group Limited announced delayed 20-F filing On 01/30/2026, Zapp Electric Vehicles Group Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Sep 17
Zapp Electric Vehicles Group Limited, Annual General Meeting, Oct 01, 2025 Zapp Electric Vehicles Group Limited, Annual General Meeting, Oct 01, 2025. Announcement • Jul 14
The Nasdaq Stock Market to Delist the Ordinary Shares of Zapp Electric Vehicles Group The Nasdaq Stock Market announced that it will delist the ordinary shares and warrants of Zapp Electric Vehicles Group Limited. Zapp Electric Vehicles Group’s securities were suspended on May 20, 2025 and have not traded on Nasdaq since that time. Major Estimate Revision • May 21
Consensus EPS estimates upgraded to US$0.74 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.995 to -US$0.745 per share. Revenue forecast unchanged from US$11.5m at last update. Auto industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$35.00 unchanged from last update. Share price fell 83% to US$0.05 over the past week. Announcement • May 20
Zapp Electric Vehicles Group Limited(OTCPK:ZAPP.F) dropped from NASDAQ Composite Index Zapp Electric Vehicles Group Limited removed from NASDAQ Composite Index. Announcement • May 01
Zapp Electric Vehicles Group Limited, Annual General Meeting, May 15, 2025 Zapp Electric Vehicles Group Limited, Annual General Meeting, May 15, 2025. New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$23m). Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (US$17k revenue). Market cap is less than US$10m (US$4.30m market cap). Announcement • Mar 17
Zapp Electric Vehicles Group Limited Receives European Certification for i300 Zapp Electric Vehicles Group Limited announced it has received the required certificate from the National Standards Authority of Ireland confirming European Community Whole Vehicle Type Approval (ECWVTA) for the i300, the Company's high-performance electric urban motorcycle. Zapp EV can now deliver the i300 throughout the European Union (EU). The ECWVTA requires a comprehensive set of certification systems governing vehicle safety, production conformity, environmental protection and energy efficiency. ECWVTA certification is regarded as one of the higher standards in the world for vehicle quality and reliability, and several countries outside the EU have adopted the ECWVTA certification system as a reference standard in their domestic vehicle regulations, including India. Announcement • Mar 06
Zapp Electric Vehicles Group Limited has filed a Follow-on Equity Offering in the amount of $3 million. Zapp Electric Vehicles Group Limited has filed a Follow-on Equity Offering in the amount of $3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Price Target Changed • Mar 03
Price target decreased by 8.1% to US$19.00 Down from US$20.67, the current price target is an average from 2 analysts. New target price is 2,535% above last closing price of US$0.72. Stock is down 85% over the past year. The company is forecast to post a net loss per share of US$0.99 next year compared to a net loss per share of US$2.56 last year. New Risk • Feb 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.9m free cash flow). Negative equity (-US$23m). Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (US$17k revenue). Market cap is less than US$10m (US$4.19m market cap). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Feb 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.9m free cash flow). Negative equity (-US$23m). Revenue is less than US$1m (US$17k revenue). Market cap is less than US$10m (US$4.85m market cap). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$23m). Revenue is less than US$1m. Market cap is less than US$10m (US$4.34m market cap). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Announcement • Jan 30
Zapp Electric Vehicles Group Limited to Report Fiscal Year 2024 Results on Jan 31, 2025 Zapp Electric Vehicles Group Limited announced that they will report fiscal year 2024 results at 9:30 AM, US Eastern Standard Time on Jan 31, 2025 New Risk • Nov 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.82m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$23m). Revenue is less than US$1m. Market cap is less than US$10m (US$9.82m market cap). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Announcement • Sep 12
Zapp Electric Vehicles Group Limited Completes Homologation in Thailand for Sales of i300 Zapp Electric Vehicles Group Limited announced its operating subsidiaries have completed homologation with the Department of Land Transportation in Thailand to sell its i300 electric urban motorcycle in the country. First customer deliveries are expected in the months ahead. Board Change • Aug 05
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder, CEO & Director Swin Chatsuwan is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Aug 01
Zapp Electric Vehicles Group Limited Appoints David McIntyre as Chief Operating Officer Zapp Electric Vehicles Group Limited announced the appointment of David McIntyre as Chief Operating Officer (‘COO’) effective immediately. David, who previously served as Zapp’s Chief Commercial Officer, brings to this newly created role an extensive background in scaling operations for luxury and performance automotive brands as Zapp prepares to expand operations to additional countries in Europe and Asia. As COO, David will be responsible for managing supply chain logistics, overseeing contract manufacturing and in-house assembly, as well as related production engineering efforts. David also will continue to lead Zapp’s global commercial strategy, including network development, sales management and comprehensive after-sales service. In his three decades of experience in the international luxury automotive industry, David has been instrumental in driving growth and operational efficiencies at McLaren, Jaguar Land Rover, Aston Martin, Bentley, Porsche and Lotus. His tenure at these companies contributed to successful expansions into new markets and increased unit sales in key markets across Europe, Asia and Latin America. Announcement • Jul 15
Zapp Electric Vehicles Group Limited Secures Required Regulatory Approval Enabling First Customer Deliveries in the United Kingdom Zapp Electric Vehicles Group Limited announced initial units of its i300 urban motorcycle have received motorcycle single vehicle approval from the Driver and Vehicle Standards Agency in the United Kingdom. Following this approval, the i300 may be used on public roads in the United Kingdom, paving the way for sales of the i300 to Zapp’s first customers. Zapp expects these first deliveries in August 2024, ahead of wider commercial rollout in Europe and Asia in the following months. Board Change • May 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder, CEO & Director Swin Chatsuwan is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Mar 30
Zapp Electric Vehicles Group Limited, Annual General Meeting, Apr 11, 2024 Zapp Electric Vehicles Group Limited, Annual General Meeting, Apr 11, 2024, at 10:00 US Eastern Standard Time. Agenda: TO approve a consolidation of the company's authorised share capital by a ratio of 20:1; and to consider that the existing Memorandum and Articles of Association of the company be and are hereby replaced in their entirety with the new Memorandum and Articles of Association. Announcement • Feb 14
Zapp Electric Vehicles Group Limited announced that it expects to receive THB 10 million in funding from Yorkville Advisors Global LP Zapp Electric Vehicles Group Limited announced that it has entered into a standby equity purchase agreement to issue common shares for the gross proceeds of THB 10,000,000 on February 13, 2024. The transaction will included participation from new investor, Yorkville Advisors Global LP.
On the same day, the company agreed to advance THB 1,500,000 in its first tranche. Thereafter, the company will have the right, but not the obligation, in its sole discretion, to issue and sell to the investor up to a further THB 8,500,000 worth of its ordinary shares, based on the company’s funding requirements and evolving share price during the three-year period following effectiveness of an applicable SEC registration statement. Announcement • Feb 03
Zapp Electric Vehicles Group Limited announced delayed 20-F filing On 02/01/2024, Zapp Electric Vehicles Group Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Oct 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue has declined by 37% over the past year. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m (US$3.9k revenue). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (US$48.2m market cap). New Risk • Oct 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 37% over the past year. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m (US$3.9k revenue). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$42.6m market cap). Announcement • Jul 26
Zapp Electric Vehicles Group Limited Secures Twin Patents for Innovative I300 Electric Urban Motorcycle Zapp Electric Vehicles Group Limited announced it has been granted European patents for two components of its i300 electric urban motorcycle, which it anticipates will be ready for its first customer deliveries later this year. The recognition from the European Patent Office relates to the i300's Z-shaped exoskeleton and removable front fender. The grant of the patents highlights the innovative nature of the technology developed by Zapp to support the brand's strategic vision, which encompasses the highest standards of design, performance, sustainability, manufacturing, and customer experience. Zapp's distinctive exoskeleton consists of two single-piece Z-shaped anodised aluminium components mounted on an underbone. It delivers a revolution in motorcycle chassis technology, and is central to the i300's unique ability to combine the performance and dynamic handling of a motorbike with the step-through convenience of a scooter. The exoskeleton also endows the brand with its design language. The fully recyclable Zapp exoskeleton solution provides numerous technical, sustainability, and commercial benefits. The two single-piece Z- shaped exoskeleton components replace a conventional-styled frame, which uses multiple connected tubes and welding points, allowing the vehicle to have a lower centre of gravity and lower weight, enhancing both handling and safety. The exoskeleton reduces the number of assembly components and alsorees up space under the seat for storage. The Company believes the exoskeleton provides an ideal platform on which to base additional models and derivatives without significant additional investment. Zapp's second European patented component is the i300's removable front fender, which brings a unique, almostinite range of colourway personalisation options to the two-wheel sector for the first time. At any point after purchasing their i300, customers will be able to have the front fenders removed and replaced with new items in a colour of their choice. The personalisation upgrade will be carried out by an authorised 'Zapper' who will come to the customer's home or workplace in a branded Zapp van, and perform the exchange. Going awards, Zapp plans to collaborate with artists and leading cultural figures to create limited colourway collections. The European patents (EP4058343 - 'A seat-supporting structure for mounting on a motorcycle frame' and EP4051563 - 'Front fairing for a scooter') further reinforce the world-class technology and design credentials of Zapp and its debut product, the i300 Carbon, which is now available to pre-order on Zapp's website. Announcement • Jun 14
Zapp Electric Vehicles Group Limited Appoints Thodsapol Kaewamorn as Operations Director Zapp Electric Vehicles Group Limited announced Thodsapol Kaewamorn joined Zapp as Operations Director to lead its team overseeing engineering and outsourced production. Mr. Kaewamorn has more than 20 years of experience in the automotive industry with a proven track record of successfully launching new production lines and setting up new plants to manufacture vehicles and automotive products. For the last five years, Mr. Kaewamorn served as Advanced Manufacturing Engineer and Country Manager for Thailand at Adient plc. In that role, he oversaw production operations in Thailand for all of Adient’s product groups and launched a number of other projects for the company. Prior to his tenure at Adient, Mr. Kaewamorn was an Assistant General Manager for Nissan Motor overseeing quality assurance and body assembly engineering. Before that, he worked for twelve years at Summit Group, which is Zapp’s contract manufacturer, as a Project Manager and Process Engineering Manager for planning and launching new models. Announcement • Jun 06
Zapp Electric Vehicles Group Limited Appoints Mark Kobal as Head of Investor Relations Zapp Electric Vehicles Group Limited announced the appointment of Mark Kobal as Head of Investor Relations with immediate effect. Mr. Kobal has served as an investor relations officer for more than a decade, with experience spanning both public and private companies. Prior to joining Zapp, he led the investor relations program for a venture capital firm, RockawayX. Before that, he was the Head of Investor Relations for Nasdaq-listed Central European Media Enterprises Ltd. Mark holds a B.A. degree in business economics with an emphasis in accounting from the University of California at Santa Barbara. He is also a holder of the Investor Relations Charter certification from NIRI, the Association for Investor Relations.