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Forza X1 NasdaqCM:FRZA Stock Report

Last Price

US$0.41

Market Cap

US$6.5m

7D

-6.2%

1Y

-66.1%

Updated

25 Apr, 2024

Data

Company Financials +

FRZA Stock Overview

Forza X1, Inc. focuses on designing, developing, and manufacturing electric boats in the United States.

FRZA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Forza X1, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Forza X1
Historical stock prices
Current Share PriceUS$0.41
52 Week HighUS$3.98
52 Week LowUS$0.36
Beta0
1 Month Change-13.19%
3 Month Change-24.75%
1 Year Change-66.07%
3 Year Changen/a
5 Year Changen/a
Change since IPO-94.47%

Recent News & Updates

Recent updates

Will Forza X1 (NASDAQ:FRZA) Spend Its Cash Wisely?

Jun 07
Will Forza X1 (NASDAQ:FRZA) Spend Its Cash Wisely?

Shareholder Returns

FRZAUS LeisureUS Market
7D-6.2%5.2%1.2%
1Y-66.1%0.3%24.9%

Return vs Industry: FRZA underperformed the US Leisure industry which returned 0.3% over the past year.

Return vs Market: FRZA underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is FRZA's price volatile compared to industry and market?
FRZA volatility
FRZA Average Weekly Movement10.5%
Leisure Industry Average Movement7.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: FRZA's share price has been volatile over the past 3 months.

Volatility Over Time: FRZA's weekly volatility has decreased from 22% to 11% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
202111Joseph Viscontiwww.forzax1.com

Forza X1, Inc. focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc. was incorporated in 2021 and is headquartered in Fort Pierce, Florida.

Forza X1, Inc. Fundamentals Summary

How do Forza X1's earnings and revenue compare to its market cap?
FRZA fundamental statistics
Market capUS$6.52m
Earnings (TTM)-US$5.93m
Revenue (TTM)US$37.12k

175.7x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRZA income statement (TTM)
RevenueUS$37.12k
Cost of RevenueUS$157.64k
Gross Profit-US$120.52k
Other ExpensesUS$5.81m
Earnings-US$5.93m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.38
Gross Margin-324.69%
Net Profit Margin-15,984.46%
Debt/Equity Ratio1.3%

How did FRZA perform over the long term?

See historical performance and comparison
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