📊 EVTV Key Takeaways
Is Envirotech Vehicles, Inc. (EVTV) a Good Investment?
Envirotech Vehicles exhibits critical balance sheet insolvency with negative stockholders' equity of -8.2M while burning cash at -4.9M annually. Despite impressive 217.6% revenue growth, the company operates at a -177.3% net margin with severe liquidity constraints (0.37x current ratio), indicating bankruptcy risk within months absent significant capital injection or immediate profitability.
Envirotech Vehicles shows severely impaired fundamentals: revenue is shrinking sharply while gross margin is negative, indicating the core business is not currently producing economically viable sales. Liquidity is strained, cash is minimal, leverage is high relative to a very small equity base, and ongoing operating losses and negative free cash flow raise substantial going-concern and dilution/refinancing risk.
Envirotech Vehicles, Inc. Key Strengths (EVTV)
- Strong top-line revenue growth of 217.6% YoY demonstrating market demand
- Improving operating losses with net losses declining 20.8% YoY
- Maintains 2.0M in cash reserves providing short-term runway
- The company is still generating revenue, indicating some commercial activity and customer demand remains
- Total assets still exceed total liabilities, leaving equity marginally positive
- Capital expenditure is relatively low, which limits additional cash drain from heavy investment needs
EVTV Stock Risks: Envirotech Vehicles, Inc. Investment Risks
- Negative stockholders' equity of -8.2M represents balance sheet insolvency
- Critical liquidity crisis with current ratio of 0.37x unable to cover short-term obligations
- Catastrophic cash burn of -4.9M annual FCF with only 5-6 months of runway at current rate
- Deeply unprofitable across all margins: gross -8.4%, operating -167.7%, net -177.3%
- Liabilities of 19.4M exceed total assets of 11.2M by 73%
- Negative gross margin means the business is losing money before covering overhead, which is a major structural weakness
- Cash of only $77.59K with negative operating cash flow and sub-1 current ratio indicates acute liquidity pressure
- Very large net losses, negative ROE/ROA, and elevated debt relative to equity create high solvency and financing risk
Key Metrics to Watch
- Months of cash runway remaining
- Path to achieving positive operating cash flow
- Success of capital raise or debt restructuring
- Gross margin trajectory toward breakeven
- Current ratio improvement toward minimum 1.0x
- Gross margin improvement toward positive territory
- Quarterly operating cash burn and ending cash balance
Envirotech Vehicles, Inc. (EVTV) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
EVTV Profit Margin, ROE & Profitability Analysis
EVTV vs Automotive Sector: How Envirotech Vehicles, Inc. Compares
How Envirotech Vehicles, Inc. compares to Automotive sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Envirotech Vehicles, Inc. Stock Overvalued? EVTV Valuation Analysis 2026
Based on fundamental analysis, Envirotech Vehicles, Inc. has mixed fundamental signals relative to the Automotive sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Envirotech Vehicles, Inc. Balance Sheet: EVTV Debt, Cash & Liquidity
EVTV Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Envirotech Vehicles, Inc.'s revenue has grown significantly by 191% over the 5-year period, indicating strong business expansion. The most recent EPS of $-5.46 indicates the company is currently unprofitable.
EVTV Revenue Growth, EPS Growth & YoY Performance
EVTV Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $590.6K | -$3.3M | $-0.31 |
| Q3 2025 | N/A | -$755.1K | $-0.76 |
| Q2 2025 | $812.8K | -$755.1K | $-0.48 |
| Q1 2025 | $590.6K | -$4.5M | $-0.29 |
| Q3 2024 | N/A | -$755.1K | $-0.08 |
| Q2 2024 | $812.8K | -$755.1K | $-0.05 |
| Q1 2024 | $523.2K | -$2.3M | $-0.15 |
| Q3 2023 | $100.0K | -$1.2M | $-0.09 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Envirotech Vehicles, Inc. Dividends, Buybacks & Capital Allocation
EVTV SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Envirotech Vehicles, Inc. (CIK: 0001563568)
📋 Recent SEC Filings
❓ Frequently Asked Questions about EVTV
What is the AI rating for EVTV?
Envirotech Vehicles, Inc. (EVTV) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 96% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are EVTV's key strengths?
Claude: Strong top-line revenue growth of 217.6% YoY demonstrating market demand. Improving operating losses with net losses declining 20.8% YoY. ChatGPT: The company is still generating revenue, indicating some commercial activity and customer demand remains. Total assets still exceed total liabilities, leaving equity marginally positive.
What are the risks of investing in EVTV?
Claude: Negative stockholders' equity of -8.2M represents balance sheet insolvency. Critical liquidity crisis with current ratio of 0.37x unable to cover short-term obligations. ChatGPT: Negative gross margin means the business is losing money before covering overhead, which is a major structural weakness. Cash of only $77.59K with negative operating cash flow and sub-1 current ratio indicates acute liquidity pressure.
What is EVTV's revenue and growth?
Envirotech Vehicles, Inc. reported revenue of $2.2M.
Does EVTV pay dividends?
Envirotech Vehicles, Inc. does not currently pay dividends.
Where can I find EVTV SEC filings?
Official SEC filings for Envirotech Vehicles, Inc. (CIK: 0001563568) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is EVTV's EPS?
Envirotech Vehicles, Inc. has a diluted EPS of $-0.23.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is EVTV's fundamental grade?
Based on our AI fundamental analysis in June 2026, Envirotech Vehicles, Inc. has a D grade with 96% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is EVTV stock overvalued or undervalued?
Valuation metrics for EVTV: ROE of N/A (sector avg: 12%), net margin of -177.3% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
What is EVTV's AI grade for 2026?
Our dual AI analysis gives Envirotech Vehicles, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is EVTV's free cash flow?
Envirotech Vehicles, Inc.'s operating cash flow is $-3.3M, with capital expenditures of $1.5M. FCF margin is -216.5%.
How does EVTV compare to other Automotive stocks?
Vs Automotive sector averages: Net margin -177.3% (avg: 6%), ROE N/A (avg: 12%), current ratio 0.37 (avg: 1.2).