NASDAQ$FABC

StableX Technologies Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

AYRO reported record revenue, reduced operating expenses, and narrowed net loss.

AYRO announced record revenue, reduced net loss by $3.2 million sequentially, and continued progress on the AYRO Z development.

  • Recognized record revenue.
  • Reduced total operating expenses.
  • Narrowed net loss.
  • Made excellent progress on the development of the AYRO Z.

Headline financials

Total Revenue

$1.03M

Previous: $789K+30.2%
EPS (adj)

-$0.96

Previous: -$1.44+33.3%
Capital Expenditures

$114K

No prior period
Free Cash Flow

-$5.66M

No prior period
Net Income

-$4.6M

Previous: -$5.63M+18.3%
Operating Income

-$4.57M

Previous: -$5.64M+19.1%
Gross Profit

-$150K

Previous: $144K-204.1%
Cash & Equivalents

$63.5M

Previous: $90M-29.4%
Total Assets

$73.1M

No prior period
Stock-Based Comp

$288K

No prior period

Revenue & EPS history

AYRO · Revenue · Quarterly

$1.03M

Q1 2022+30.2%vs Q1 2021
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Forward guidance

AYRO expects sequentially higher revenue in the second quarter of 2022 and remains on target for a year-end launch of the AYRO Z.

Tailwinds

  • Expecting sequentially higher revenue in Q2 2022.
  • AYRO Z development remains on target and on budget.
  • AYRO Z is 70% successfully sourced.
  • First AYRO Z prototype is currently in fabrication.
  • Preparing the factory for AYRO Z manufacturing later in the year.

Headwinds

  • Global supply chain challenges.
  • Reliance on single third-party supplier in China.
  • History of losses and expectation of additional losses in the future.
  • Developing market for AYRO’s products may not develop as expected.
  • May experience lower-than-anticipated market acceptance of its vehicles.

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 2022

Historical avgQ1 2022

-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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