EVTV Q1 2023 Earnings — Envirotech Vehicles, Inc. Revenue & Financial Results | Market Cap Arena

EVTVEnvirotech Vehicles, Inc.

$5M

Q1 2023 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$523,199-52.8% YoY

Gross Profit

$118,36322.6% margin

Operating Income

-$2M-438.2% margin

Net Income

-$2M-433.5% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+120.3%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$87,144

Balance Sheet

Total Assets

$31M

Total Liabilities

$1M

Stockholders' Equity

$30M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$523,199	$1M	-52.8%
Gross Profit	$118,363	$416,938	-71.6%
Operating Income	-$2M	-$3M	+9.4%
Net Income	-$2M	-$3M	+10.1%