Financial Snapshot

Revenue
$35.94M
TTM
Gross Margin
35.02%
TTM
Net Earnings
-$4.300M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
86.99%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$12.09M
Q2 2024
Cash
Q2 2024
P/E
-8.083
Nov 29, 2024 EST
Free Cash Flow
-$4.471M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $15.12M $12.34M $0.00
YoY Change 22.52%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $15.12M $12.34M $0.00
Cost Of Revenue $10.87M $10.65M
Gross Profit $4.249M $1.695M
Gross Profit Margin 28.1% 13.73%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $5.728M $3.585M
YoY Change 59.79%
% of Gross Profit 134.8% 211.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $126.4K $72.30K $64.85K
YoY Change 74.77% 11.49%
% of Gross Profit 2.97% 4.27%
Operating Expenses $5.885M $3.657M
YoY Change 60.93%
Operating Profit -$1.635M -$258.3K
YoY Change 532.9%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$653.4K $1.105M
YoY Change -159.15%
% of Operating Profit
Other Income/Expense, Net -$481.9K $1.042M
YoY Change -146.24%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$2.117M $783.8K
YoY Change -370.14%
Income Tax -$515.4K $206.4K
% Of Pretax Income 26.33%
Net Earnings -$1.602M $577.4K
YoY Change -377.43%
Net Earnings / Revenue -10.59% 4.68%
Basic Earnings Per Share -$0.09 $0.09
Diluted Earnings Per Share -$0.09 $0.09

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $8.134M $3.515M $2.809M
YoY Change 131.42% 25.15%
Cash & Equivalents $8.134M $3.515M $2.809M
Short-Term Investments
Other Short-Term Assets $34.01K $68.42K $6.750K
YoY Change -50.29% 913.63%
Inventory $11.80M $6.066M $3.541M
Prepaid Expenses
Receivables $433.7K
Other Receivables $247.6K
Total Short-Term Assets $19.97M $9.859M $7.038M
YoY Change 102.54% 40.08%
Property, Plant & Equipment $4.732M $4.467M $188.2K
YoY Change 5.92% 2274.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $593.1K $75.99K $77.69K
YoY Change 680.54% -2.19%
Total Long-Term Assets $5.325M $4.543M $265.8K
YoY Change 17.2% 1609.08%
Total Assets $25.29M $14.40M $7.304M
YoY Change
Accounts Payable $768.8K $486.8K $259.1K
YoY Change 57.92% 87.87%
Accrued Expenses $1.002M $396.6K $85.97K
YoY Change 152.65% 361.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.90M $15.41M $9.692M
YoY Change 35.62% 59.02%
Long-Term Debt $10.68M $500.0K $500.0K
YoY Change 2036.69% 0.0%
Other Long-Term Liabilities $3.727M $3.890M $0.00
YoY Change -4.18%
Total Long-Term Liabilities $14.41M $4.390M $500.0K
YoY Change 228.29% 777.93%
Total Liabilities $35.31M $19.80M $10.19M
YoY Change 78.33% 94.29%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 3.434M shares
Diluted Shares Outstanding 24.88M shares 2.952M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $34.755 Million

About ECD Automotive Design, Inc.

E.C.D.Automotive Design, Inc. engages in restoration and modification of luxury vehicles. The company is headquartered in Kissimmee, Florida and currently employs 89 full-time employees. The company went IPO on 2022-12-08. The firm restores Land Rovers Defenders, Land Rover Series IIA, the Range Rover Classic, and the Jaguar E-Type. The firm provides clients with all the necessary tools to understand all the available customization possibilities, and its master-certified technicians hand-build a completely restored vehicle in approximately 2,200 man-hours, replacing and customizing substantially all of its components, including the engine, color, seating, stitching, electronics and cosmetic finishes. Its hand-select features include GM drivetrain, any paint option, and the layout for vehicle’s seating. Its collection of hand built custom vehicles includes Project Henley, Project Homecoming, Project Causeway Cruiser, Project Red Phoenix, Project Stu Hue, Project Mustang, Project Road, Project Lady Kathryn, Project Poppins, Project Scottsdale Commission, Project Fadster, Project Jersey Girl, Project SSI, and Project Urban Brut.

Industry: Motor Vehicles & Passenger Car Bodies Peers: Envirotech Vehicles, Inc. Workhorse Group Inc. Cenntro Inc. MULLEN AUTOMOTIVE INC. NU RIDE INC. PHOENIX MOTOR INC. Tesla, Inc.