This company has been acquired
FRZA Stock Overview
Engages in designing, developing, and manufacturing electric boats in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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Forza X1, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.20 |
| 52 Week High | US$0.66 |
| 52 Week Low | US$0.17 |
| Beta | 2.13 |
| 1 Month Change | -6.98% |
| 3 Month Change | -19.97% |
| 1 Year Change | -68.25% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -97.33% |
Recent News & Updates
Recent updates
Shareholder Returns
| FRZA | US Leisure | US Market | |
|---|---|---|---|
| 7D | 0% | 2.2% | -0.4% |
| 1Y | -68.3% | -7.2% | 20.8% |
Return vs Industry: FRZA underperformed the US Leisure industry which returned 9.6% over the past year.
Return vs Market: FRZA underperformed the US Market which returned 32.6% over the past year.
Price Volatility
| FRZA volatility | |
|---|---|
| FRZA Average Weekly Movement | 19.0% |
| Leisure Industry Average Movement | 6.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 18.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FRZA's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: FRZA's weekly volatility has increased from 14% to 19% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | 11 | Joseph Visconti | www.forzax1.com |
Forza X1, Inc. engages in designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated and direct-to-consumer platform. The company was incorporated in 2021 and is headquartered in Fort Pierce, Florida.
Forza X1, Inc. Fundamentals Summary
| FRZA fundamental statistics | |
|---|---|
| Market cap | US$3.31m |
| Earnings (TTM) | -US$6.29m |
| Revenue (TTM) | US$18.56k |
169.8x
P/S Ratio-0.5x
P/E RatioIs FRZA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRZA income statement (TTM) | |
|---|---|
| Revenue | US$18.56k |
| Cost of Revenue | US$123.61k |
| Gross Profit | -US$105.05k |
| Other Expenses | US$6.19m |
| Earnings | -US$6.29m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.40 |
| Gross Margin | -566.06% |
| Net Profit Margin | -33,908.65% |
| Debt/Equity Ratio | 0% |
How did FRZA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/26 12:20 |
| End of Day Share Price | 2024/11/26 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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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
Forza X1, Inc. is covered by 1 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.
| Analyst | Institution |
|---|---|
| Ashok Kumar | ThinkEquity LLC |