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PEVM · OTC · United States · Truck & Bus Bodies
In shortPHOENIX MOTOR INC. is profitable, burns cash and holds more cash than debt, with revenue growing (+897.9% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -99.4% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 25.5% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 289.4% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -205.6% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.98× | 99/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.01× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -238.22× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -2.78 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -6.6% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.26× | 0/100 |
| Years with positive free cash flow (last 5) | 0 of 4 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 4 | 25/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 3 | 44/100 |
| Revenue growth volatility | 514.6% | 0/100 |
| Operating margin volatility | 238.9% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 118.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|
| Revenue | 3 | 4.3 | 3.1 | 31 |
| Cost of revenue | 3.5 | 3.5 | 3.4 | 24 |
| Gross profit | (0.6) | 0.8 | (0.3) | 7.1 |
| Selling, general & admin | 14 | 14 | 15 | 34 |
| Operating income | (14) | (13) | (21) | (31) |
| Interest expense | – | 0 | 0.1 | 0.1 |
| Pre-tax income | (15) | (13) | (21) | 11 |
| Income tax | 0 | 0 | 0 | 3.5 |
| Net income | (15) | (13) | (21) | 7.9 |
| Diluted EPS | −$0.84 | −$0.65 | −$0.97 | $0.21 |
| Diluted shares (millions) | 18 | 20 | 21 | 37 |
−2.78 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Sep 30, 2025 · Data updated Nov 12, 2025