Envirotech Vehicles, Inc.
About Envirotech Vehicles, Inc.
Envirotech Vehicles Inc is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. It recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services. The Company serves commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for light to heavy-duty electric vehicles. The company has four segments Electric vehicles, Medical Supplies, Drones and Corporate with Medical Supplies generating the key revenue which manufactures medical supplies for distribution by Maddox Medical Corp.
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Financial summary
- Revenue FY2017
- $425.0K
- Net income
- -$39.1M
- Total assets
- $4.7M
- Market cap
- $23.1M
- Gross margin
- 26.1%
- Operating margin
- -423.5%
- Net margin
- -473.2%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $1.9M
- Cost of revenue
- $1.4M
- Gross profit
- $488.8K
- Operating expenses
- $8.4M
- Operating income
- -$7.9M
- Income tax
- $0
- Net income
- -$8.8M
- EPS (basic)
- $-0.55
Balance sheet
- Total assets
- $32.7M
- Current assets
- $17.6M
- Total liabilities
- $11.7M
- Current liabilities
- $11.7M
- Shareholders’ equity
- $20.9M
Cash flow
- Operating cash flow
- -$3.5M
- Investing cash flow
- -$4.7M
- Financing cash flow
- $9.7M
- Net cash flow
- $1.5M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $23.1M
- Shares outstanding
- 12.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 15, 2017
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $39.1M in FY2017.
- Revenue declined 58% from FY2022 to FY2024.
- Gross margin of 26.1%, net margin -473.2%.
- Trading 56% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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