Electrameccanica Vehicles Corp. – NASDAQ:SOLO

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+6.18%

month

-33.66%

quarter

-72.49%

year

Market Cap	25.35M
Enterprise value	N/A

P/E	-0.95
EV/Sales	-11.36
EV/EBITDA	0.89
Price/Sales	13.20
Price/Book	0.38
PEG ratio	-0.01
EPS	-0.47

Revenue	608.42K
EBITDA	-29.15M
Income	-56.18M
Revenue Q/Q	-169.20%
Revenue Y/Y	-71.03%

Profit margin	-1382.87%
Oper. margin	-1440.07%
Gross margin	-126.3%
EBIT margin	-1440.07%
EBITDA margin	-4791.86%

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Forward ratios (Analysts estimates)

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Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Profit margin
Mar 2023	504.42K	-10.91M	-2164.45%
Jun 2023	104.00K	-12.86M	-12372.82%
Sep 2023	1.04M	-18.79M	-1800.86%
Dec 2023	-1.04M	-13.60M	1303.53%

Electrameccanica Vehicles Corp. Financials Estimate

Q Y

Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Analyst Estimates
2025	29.96M	-65.53M	-218.7%

Analysts Price target
Financials & Ratios estimates

Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Debt to assets
Mar 2021	286451821	17.29M	6.04%
Jun 2021	275240356	15.36M	5.58%
Sep 2021	258670378	8.84M	3.42%
Dec 2021	252850698	9.71M	3.84%

Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Cash Flow
Mar 2023	-21.19M	-670.87K	-16.14K
Jun 2023	-21.80M	57.36K	-16.14K
Sep 2023	-10.52M	-6.02M	16.14K
Dec 2023	-8.14M	188.57K	-75.76K

Electrameccanica Vehicles Corp. alternative data

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Electrameccanica Vehicles Corp.
Employees

Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Employee count
Aug 2023	104
Sep 2023	104
Oct 2023	104
Nov 2023	104
Dec 2023	104
Jan 2024	104
Feb 2024	104
Mar 2024	34
Apr 2024	34
May 2024	34
Jun 2024	34
Jul 2024	34

Electrameccanica Vehicles Corp.
Hedge Funds Holdings Q2 2022

10.52% -2.84%

of SOLO is owned by hedge funds

66 -5

hedge funds hold SOLO stock

12.46M -2.46M

shares is hold by hedge funds

SOLO hedge funds holdings changes

Electrameccanica Vehicles Corp.
Insider Trading

Electrameccanica Vehicles Corp. (NASDAQ:SOLO): Insider trades (number of shares)
Period	Buy	Sel
Oct 2023	0	500000
Nov 2023	0	135356
Dec 2023	0	184324
Jan 2024	0	150000

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Option	26 Mar 2024	INGARGIOLA LUISA director	Common Stock	289,914	N/A	N/A
Option	26 Mar 2024	INGARGIOLA LUISA director	Common Stock	289,914	N/A	N/A
Option	26 Mar 2024	INGARGIOLA LUISA director	Deferred Share Units	270,853	N/A	N/A
Option	26 Mar 2024	INGARGIOLA LUISA director	Deferred Share Units	270,853	N/A	N/A
Option	26 Mar 2024	SANDERS STEVEN ANDREW director director	Common Stock	384,867	N/A	N/A
Option	26 Mar 2024	SANDERS STEVEN ANDREW director director	Deferred Share Units	358,718	N/A	N/A
Option	26 Mar 2024	SHEMMANS DAVID JOHN director director	Common Stock	145,504	N/A	N/A
Option	26 Mar 2024	SHEMMANS DAVID JOHN director director	Deferred Share Units	135,826	N/A	N/A
Option	26 Mar 2024	RICHARDSON MICHAEL PAUL director director	Common Stock	334,049	N/A	N/A
Option	26 Mar 2024	RICHARDSON MICHAEL PAUL director director	Deferred Share Units	334,049	N/A	N/A

SOLO insider trading transactions

Electrameccanica Vehicles Corp.
Patents

Status	Patent	Filling date	Issue date
Application	Application Electric Motor Vehicle Battery System Filling date: 17 Aug 2018 Issue date: 2 Dec 2021	17 Aug 2018	2 Dec 2021
Grant	Grant Utility: Modular rolling chassis for a vehicle Filling date: 19 May 2017 Issue date: 24 Aug 2021	19 May 2017	24 Aug 2021
Grant	Grant Design: Battery cartridge Filling date: 4 Jun 2018 Issue date: 23 Mar 2021	4 Jun 2018	23 Mar 2021
Grant	Grant Utility: Tensioner for a suspension swing arm Filling date: 10 Mar 2017 Issue date: 15 Sep 2020	10 Mar 2017	15 Sep 2020
Application	Application MODULAR ROLLING CHASSIS FOR A VEHICLE Filling date: 19 May 2017 Issue date: 26 Sep 2019	19 May 2017	26 Sep 2019

SOLO patents

Electrameccanica Vehicles Corp.
Earnings Call Transcripts

Quarter	Transcript
Q3 2022 14 Nov 2022	Q3 2022 Earnings Call Transcript
Q3 2021 17 Nov 2021	Q3 2021 Earnings Call Transcript

SOLO earnings call transcripts

Electrameccanica Vehicles Corp.
Executives

Insider	Age	Compensation
Mr. Henry Reisner (1964) Co-Founder, Executive Vice President & Director	61	$351,160
Ms. Baljinder K. Bhullar CGA, CPA, CRM (1970) Chief Financial Officer & Director	55	$349,640
Mr. Isaac Moss M.Sc., B.Sc, M.Pub. Admin. (1953) Chief Admin. Officer & Company Sec.	72	$327,100
Mr. Jerry Kroll (1962) Co-Founder & Director	63	$157,710

Electrameccanica Vehicles Corp.
Latest News

Wednesday, 20 March 2024
18:05	ElectraMeccanica Vehicles Corp. Reports Results of Special Meeting of Shareholders	globenewswire.com
Thursday, 14 March 2024
09:47	ElectraMeccanica Reminds Shareholders to Vote in Favour of the Proposed Combination With Xos and Provides Additional Disclosure	globenewswire.com
Friday, 1 March 2024
09:15	ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.	businesswire.com
Tuesday, 27 February 2024
15:37	ELECTRAMECCANICA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of ElectraMeccanica Vehicles Corp. - SOLO	businesswire.com
Tuesday, 13 February 2024
16:30	ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos	businesswire.com
Wednesday, 24 January 2024
17:33	Electrameccanica Vehicles Corp. (SOLO) ElectraMeccanica and Xos Joint Investor Call Transcript	Seeking Alpha
Thursday, 4 January 2024
14:40	3 EV Stocks to Sell in January Before They Crash and Burn	InvestorPlace
Tuesday, 28 November 2023
17:16	EV Stocks Alert: Electric Vehicle Prices Have Plunged 33% This Year	InvestorPlace
Wednesday, 25 October 2023
18:00	3 EV Stocks That Don't Have a Chance of Making It Out on Top	InvestorPlace
Friday, 20 October 2023
08:16	New Strong Buy Stocks for October 20th	Zacks Investment Research
Thursday, 12 October 2023
11:18	Down -33.71% in 4 Weeks, Here's Why ElectraMeccanica Vehicles Corp. (SOLO) Looks Ripe for a Turnaround	Zacks Investment Research
09:01	New Strong Buy Stocks for October 12th	Zacks Investment Research
Wednesday, 11 October 2023
11:19	Down -30.28% in 4 Weeks, Here's Why You Should You Buy the Dip in ElectraMeccanica Vehicles Corp. (SOLO)	Zacks Investment Research
Tuesday, 10 October 2023
11:18	ElectraMeccanica Vehicles Corp. (SOLO) Loses -30.62% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner	Zacks Investment Research
Thursday, 5 October 2023
11:56	Royal Mail electric truck supplier's merger with Nasdaq listed rival scrapped	Proactive Investors
Wednesday, 4 October 2023
19:34	Tiny EV maker ElectraMeccanica pulls the plug on its exit plan	TechCrunch
Saturday, 30 September 2023
17:00	Ticking Time Bombs: 3 EV Stocks to Dump Before the Damage Is Done	InvestorPlace
Tuesday, 5 September 2023
11:17	Should You Buy ElectraMeccanica Vehicles Corp. (SOLO) After Golden Cross?	Zacks Investment Research
Monday, 28 August 2023
13:32	What Makes ElectraMeccanica Vehicles Corp. (SOLO) a New Buy Stock	Zacks Investment Research
Thursday, 17 August 2023
17:41	The 3 Most Undervalued Micro-Cap Stocks to Buy Now: August 2023	InvestorPlace
12:31	ElectraMeccanica (SOLO), Tevva to Merge in Green Vehicle Leap	Zacks Investment Research
10:37	3 Sorry EV Stocks to Sell in August Before It's Too Late	InvestorPlace
Wednesday, 16 August 2023
07:52	Royal Mail electric truck supplier Tevva will transfer main base to USA as part of ElectraMeccanica deal	Proactive Investors
Tuesday, 15 August 2023
11:43	SOLO Stock Alert: Electrameccanica Surges on Merger Plans	InvestorPlace
10:42	UK electric truck maker Tevva reverses into US EV manufacturer ElectraMeccanica	Proactive Investors
08:48	EV trucker maker Tevva buying Electrameccanica Vehicles as part of U.S. push	Market Watch
Friday, 4 August 2023
19:33	ElectraMeccanica Vehicles Corp. (SOLO) Reports Q2 Loss, Lags Revenue Estimates	Zacks Investment Research
Wednesday, 12 July 2023
16:44	7 Doomed EV Stocks Destined for Disaster	InvestorPlace
15:23	3 EV Stocks to Sell Before They Damage Your Portfolio	InvestorPlace
Tuesday, 4 July 2023
10:24	3 Sorry Stocks to Sell in July Before It's Too Late	InvestorPlace

Frequently Asked Questions (FAQ)

When is Electrameccanica Vehicles Corp.'s next earnings date?

Unfortunately, Electrameccanica Vehicles Corp.'s (SOLO) next earnings date is currently unknown.
Does Electrameccanica Vehicles Corp. pay dividends?

No, Electrameccanica Vehicles Corp. does not pay dividends.
How much money does Electrameccanica Vehicles Corp. make?

Electrameccanica Vehicles Corp. has a market capitalization of 25.35M and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 224.28% to 6.81M US dollars.
What is Electrameccanica Vehicles Corp.'s stock symbol?

Electrameccanica Vehicles Corp. is traded on the NASDAQ under the ticker symbol "SOLO".
What is Electrameccanica Vehicles Corp.'s primary industry?

Company operates in the Consumer Cyclical sector and Auto - Manufacturers industry.
How do i buy shares of Electrameccanica Vehicles Corp.?

Shares of Electrameccanica Vehicles Corp. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Electrameccanica Vehicles Corp.'s key executives?
Electrameccanica Vehicles Corp.'s management team includes the following people:
- Mr. Henry Reisner Co-Founder, Executive Vice President & Director(age: 61, pay: $351,160)
- Ms. Baljinder K. Bhullar CGA, CPA, CRM Chief Financial Officer & Director(age: 55, pay: $349,640)
- Mr. Isaac Moss M.Sc., B.Sc, M.Pub. Admin. Chief Admin. Officer & Company Sec.(age: 72, pay: $327,100)
- Mr. Jerry Kroll Co-Founder & Director(age: 63, pay: $157,710)
Is Electrameccanica Vehicles Corp. founder-led company?

Yes, Electrameccanica Vehicles Corp. is a company led by its founders Mr. Henry Reisner and Mr. Jerry Kroll.
How many employees does Electrameccanica Vehicles Corp. have?

As Jul 2024, Electrameccanica Vehicles Corp. employs 34 workers.
When Electrameccanica Vehicles Corp. went public?

Electrameccanica Vehicles Corp. is publicly traded company for more then 7 years since IPO on 9 Aug 2018.
What is Electrameccanica Vehicles Corp.'s official website?

The official website for Electrameccanica Vehicles Corp. is electrameccanica.com.
Where are Electrameccanica Vehicles Corp.'s headquarters?

Electrameccanica Vehicles Corp. is headquartered at 8057 North Fraser Way, Burnaby, BC.
How can i contact Electrameccanica Vehicles Corp.?

Electrameccanica Vehicles Corp.'s mailing address is 8057 North Fraser Way, Burnaby, BC and company can be reached via phone at +1 604 428 7656.

Electrameccanica Vehicles Corp.

electrameccanica.com

Exchange:

NASDAQ

Full time employees:

Industry:

Auto - Manufacturers

Sector:

Consumer Cyclical

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.

+1 604 428 7656

8057 North Fraser Way
Burnaby, BC V5J 5M8

CIK: 0001637736
ISIN: CA2848492054
CUSIP: 284849205