For the quarter ending 2025-09-30, EVTV made $1,812,461 in revenue. -$6,357,557 in net income. Net profit margin of -350.77%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Sales, net | 1,812,461 | 1,047,029 | 590,567 | - |
| Cost of sales | 1,731,667 | 2,504,746 | 471,175 | 133,931 |
| Gross profit | 80,794 | -1,457,717 | 119,392 | -133,931 |
| General and administrative | 2,781,148 | 2,751,788 | 3,603,108 | 1,395,921 |
| Consulting | 18,750 | 0 | 46,511 | 55,000 |
| Research and development | 43,289 | 590,121 | 98,398 | 20,470 |
| Goodwill impairment charge | 0 | 0 | 10,103,048 | - |
| Impairment | 3,300,801 | - | - | - |
| Total operating expenses, net | 6,143,988 | 3,341,909 | 13,851,065 | 1,471,391 |
| Loss from operations | -6,063,194 | -4,799,626 | -13,731,673 | -1,605,322 |
| Interest income (expense), net | 21,979 | 303 | 10,754 | -30,874 |
| Unrealized (loss) / gain on financial instruments at fair value | -105,785 | -290,144 | -283,793 | 403,625 |
| Realized loss on conversion of convertible notes | -207,027 | -76,764 | - | - |
| Other expense | -3,530 | 19,494 | -31,669 | -2,415 |
| Total other expense | -294,363 | -347,111 | -304,708 | 370,336 |
| Loss before income taxes | -6,357,557 | -5,146,737 | -14,036,381 | -1,234,986 |
| Income tax expense | 0 | 0 | - | - |
| Net loss | -6,357,557 | -5,146,737 | -14,036,381 | -1,234,986 |
| Basic and diluted (in dollars per share) | -1.79 | -2.01 | -0.64 | -0.08 |
| Us-gaap_weightedaveragenumberofsharesoutstandingbasic | 3,557,789 | 2,556,204 | 21,805,277 | 16,302,177 |
Envirotech Vehicles, Inc. (EVTV)
Envirotech Vehicles, Inc. (EVTV)