In this Annual Report on Form 10-K, unless the context otherwise requires, references to “we,” “us,” “our,” “our company,” “AYRO” and “Company” refer to AYRO, Inc. and its subsidiaries. We design and manufacture compact, sustainable electric vehicles for closed campus mobility, low speed urban and community transport, local on-demand and last mile delivery and government use. Our four-wheeled purpose-built electric vehicles are geared toward commercial customers, including universities, business and medical campuses, last mile delivery services and food service providers. Strategic Review For the past several years, AYRO’s primary supplier for the AYRO 411x has been Cenntro Automotive Group, Ltd. (“Cenntro”), which operates a large electric vehicle factory in the automotive district in Hangzhou, China.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 96K | - | - | - | - | - |
| Net Income | -30M | -12M | -39M | -23M | -33M | -11M |
| EPS | $-36.02 | $-32.32 | $-131.04 | $-79.20 | $-15.04 | $-11.68 |
| Free Cash Flow | 0 | -14M | -28M | -20M | -27M | -11M |
| ROIC | -78.3% | -327.0% | -157.3% | -44.1% | -45.0% | -28.4% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.00 | 2.02 | 1.95 | 0.06 | 0.00 | 0.00 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -16M | -19M | -28M | -23M | -33M | -10M |
| Operating Margin | -16193.0% | - | - | - | - | - |
| ROE | -357.9% | -132.2% | -276.1% | -36.6% | -58.7% | -56.8% |
| Shares Outstanding | 1M | 0M | 0M | 0M | 2M | 1M |
StableX Technologies, Inc. passes 2 of 9 quality checks, indicating weak fundamentals.
Total shareholder yield (buybacks) is 10.8%. At current prices, the estimated annualized return to fair value is -4.7%.
StableX Technologies, Inc. (SBLX) has a 5-year average return on invested capital (ROIC) of -68.7%. This is below average and may indicate limited pricing power.
StableX Technologies, Inc. (SBLX) has a market capitalization of $3M. It is classified as a small-cap stock.
StableX Technologies, Inc. (SBLX) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 10.78%.
StableX Technologies, Inc. (SBLX) operates in the Communications Services, Nec industry, within the Communication Services sector.
StableX Technologies, Inc. (SBLX) generated $-14 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
StableX Technologies, Inc. (SBLX) has a debt-to-equity ratio of 2.02. This indicates higher leverage, which may increase financial risk.
StableX Technologies, Inc. (SBLX) reported earnings per share (EPS) of $-32.32 in its most recent fiscal year.
StableX Technologies, Inc. (SBLX) has a return on equity (ROE) of -132.2%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 14 years of financial data for StableX Technologies, Inc. (SBLX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
StableX Technologies, Inc. (SBLX) has a book value per share of $12.17, based on its most recent annual SEC filing.