Arcimoto Inc

Company Profile

Arcimoto Inc had its IPO on 2017-09-21 under the ticker symbol FUV.

The company operates in the Consumer Cyclical sector and Recreational Vehicles industry. Arcimoto Inc has a staff strength of 325 employees.

Stock update

Shares of Arcimoto Inc opened at $1.45 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $1.32 - $1.51, and closed at $1.39.

This is a -2.8% slip from the previous day's closing price.

A total volume of 152,575 shares were traded at the close of the day’s session.

In the last one week, shares of Arcimoto Inc have slipped by -1.42%.

Arcimoto Inc's Key Ratios

Arcimoto Inc has a market cap of $9.49 million, indicating a price to book ratio of 0.2834 and a price to sales ratio of 2.0526.

In the last 12-months Arcimoto Inc’s revenue was $4.95 million with a gross profit of $-12762726 and an EBITDA of $-59832552. The EBITDA ratio measures Arcimoto Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Arcimoto Inc’s operating margin was -1277.52% while its return on assets stood at -53.02% with a return of equity of -124.12%.

In Q3, Arcimoto Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 35.1%.

Arcimoto Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-35.8 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Arcimoto Inc’s profitability.

Arcimoto Inc stock is trading at a EV to sales ratio of 4.9282 and a EV to EBITDA ratio of -0.3661. Its price to sales ratio in the trailing 12-months stood at 2.0526.

Arcimoto Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$65.64 million

Total Liabilities

$19.78 million

Operating Cash Flow

$-3766032.00

Capital Expenditure

$3.76 million

Dividend Payout Ratio

0%

Arcimoto Inc ended 2023 with $65.64 million in total assets and $0 in total liabilities. Its intangible assets were valued at $65.64 million while shareholder equity stood at $38.02 million.

Arcimoto Inc ended 2023 with $0 in deferred long-term liabilities, $19.78 million in other current liabilities, 177188124.00 in common stock, $-151314001.00 in retained earnings and $6.82 million in goodwill. Its cash balance stood at $4.22 million and cash and short-term investments were $4.22 million. The company’s total short-term debt was $10,280,372 while long-term debt stood at $5.76 million.

Arcimoto Inc’s total current assets stands at $25.34 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $332119.00 compared to accounts payable of $2.71 million and inventory worth $12.29 million.

In 2023, Arcimoto Inc's operating cash flow was $-3766032.00 while its capital expenditure stood at $3.76 million.

Comparatively, Arcimoto Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.39

52-Week High

$130

52-Week Low

$1.24

Analyst Target Price

$116.33

Arcimoto Inc stock is currently trading at $1.39 per share. It touched a 52-week high of $130 and a 52-week low of $130. Analysts tracking the stock have a 12-month average target price of $116.33.

Its 50-day moving average was $1.82 and 200-day moving average was $24.06 The short ratio stood at 1.89 indicating a short percent outstanding of 0%.

Around 597.7% of the company’s stock are held by insiders while 472.1% are held by institutions.