NASDAQ$FABC

StableX Technologies Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced third quarter 2022 financial results and provided a corporate update.

AYRO's financial performance in Q3 2022 was negatively impacted by defective components from a former supplier, limiting inventory of the Club Car Current. The company's cash and marketable securities balance at the end of the quarter was $55.2 million. AYRO is scaling up its manufacturing facility in anticipation of first article production of the Vanish in Q1 2023.

  • Introduced the AYRO Vanish, a low-speed electric vehicle (LSEV) based on the core AYRO platform.
  • The Vanish is sourced primarily from a North American and European supply chain and features fully swappable payloads.
  • Scaling up manufacturing and assembly facility in Round Rock in anticipation of first article production of the Vanish in the first quarter of 2023.
  • Cash and marketable securities balance at the end of the third quarter was $55.2 million.

Headline financials

Total Revenue

$373K

Previous: $559K-33.3%
EPS (adj)

-$1.20

Previous: -$2.64+54.5%
Capital Expenditures

$556K

Previous: $29.8K+1769.7%
Free Cash Flow

-$3.68M

Previous: -$11.1M+66.7%
Net Income

-$5.68M

Previous: -$12M+52.7%
Operating Income

-$5.8M

Previous: -$12M+51.7%
Gross Profit

-$582K

Previous: -$396K-46.9%
Cash & Equivalents

$55.2M

Previous: $77M-28.3%
Total Assets

$62.1M

Previous: $85.1M-27.0%
Stock-Based Comp

$332K

Previous: $3.66M-90.9%

Revenue & EPS history

AYRO · Revenue · Quarterly

$373K

Q3 2022-33.3%vs Q3 2021
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

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 Q3 2022

Historical avgQ3 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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