NASDAQ$FABC

StableX Technologies Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

AYRO reported financial results for the first quarter ended March 31, 2021.

AYRO's first quarter 2021 financial performance marked the sixth consecutive quarter of quarter-over-quarter revenue growth. The company has over $90 million in cash on its balance sheet.

  • AYRO's first quarter 2021 financial performance marks the sixth consecutive quarter of quarter-over-quarter revenue growth.
  • The company has over $90 million in cash on its balance sheet.
  • AYRO has partnered with Karma Automotive for the assembly and manufacturing of its 411x trucks and Club Car and Gallery Carts for the distribution of these trucks into multiple end markets.
  • Element Fleet Management has agreed to identify other corporate buyers for both the 411x and 311x vehicles, while also identifying solutions for insuring, maintaining, storing, and reselling AYRO's EVs.

Headline financials

Total Revenue

$789K

Previous: $147K+437.3%
EPS (adj)

-$1.44

Previous: -$7.60+81.1%
Net Income

-$5.63M

Previous: -$1.8M-213.8%
Operating Income

-$5.64M

Previous: -$1.69M-234.0%
Gross Profit

$144K

Previous: $33.7K+328.9%
Cash & Equivalents

$90M

Previous: $3.55M+2434.2%
R&D Expense

$1.93M

No prior period

Revenue & EPS history

AYRO · Revenue · Quarterly

$789K

Q1 2021+437.3%vs Q1 2020
Beat estimate in 2 of 4 quarters(50%)
ActualEstimate

Forward guidance

The 411x light-duty truck is expected to be officially launched by Club Car in the near term, while the next generation 311x vehicle is expected to be introduced to the market in late 2021 with production expected to commence in the first half of 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.8%

Avg return

Earnings day

-4.3%

Avg return

5 days after

-6.1%

Avg return

30 days after

38%

21 / 55 earnings

Positive

+31.1%

Q1 2015

Best reaction

-16.7%

Q4 2009

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+12.7%-22.2%+10.6%
Q2 2025-2.9%-10.2%-20.9%
Q1 2025+1.6%-4.9%+15.2%
Q4 2024+2.8%+2.0%-20.0%
Q3 2024-0.5%-5.1%+3.8%
Q2 2024+3.9%+15.3%+13.9%
Q1 2024-1.8%-1.8%-31.6%
Q1 2026+1.6%-6.6%-28.7%
Q4 2023-0.6%-7.2%-25.1%
Q3 2023+4.6%+18.3%+16.6%
Q2 2023-4.8%+4.8%-24.2%
Q1 2023-2.0%+7.8%+11.8%
Q4 2022+3.6%-5.4%+1.8%
Q3 2022-6.7%-8.3%-1.7%
Q2 2022+2.8%-1.8%-22.9%
Q1 2022+2.9%-6.7%+0.0%
Q4 2021-4.7%-11.4%-30.9%
Q3 2021-6.2%-17.6%-34.3%
Q2 2021+0.2%-5.5%-8.5%
Q1 2021+6.8%+15.9%+33.3%
Q4 2020+5.3%-0.8%-11.5%
Q3 2020-3.6%-5.9%+120.5%
Q2 2020-8.2%-15.6%-32.0%
Q1 2020+21.0%+23.5%-35.8%
Q4 2019-4.3%-19.1%+19.1%
Q3 2019-3.1%-1.6%-7.8%
Q2 2019+2.6%-3.8%+3.8%
Q1 2019-10.3%-23.8%-37.0%
Q4 2018-10.3%-23.8%-37.0%
Q3 2018+0.0%-7.5%-15.0%
Q2 2018-10.2%-10.2%-31.8%
Q1 2018-7.9%-3.0%-18.9%
Q3 2017-1.1%-1.7%-10.9%
Q2 2017-3.0%-4.5%-9.0%
Q1 2017-0.7%-6.7%+8.9%
Q4 2016-2.7%-3.4%-18.1%
Q3 2016-0.8%-1.6%+28.7%
Q4 2015+7.9%
Q2 2015-11.5%
Q1 2016-16.2%
Q1 2015+31.1%
Q4 2014+16.7%
Q3 2014-9.1%
Q2 2014+2.3%
Q4 2013+7.1%
Q3 2013-2.2%
Q2 2013-4.6%
Q4 2012+7.0%
Q3 2012-2.3%
Q4 2011-14.7%
Q2 2012-3.5%
Q2 2010-3.5%
Q1 2011+1.0%
Q4 2010-6.6%
Q4 2009-16.7%

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