Arcimoto Inc   (FUV)
Other Ticker:  
Price: $0.3800 $-0.02 -5.000%
Day's High: $0.43 Week Perf: -9.57 %
Day's Low: $ 0.38 30 Day Perf: -18.1 %
Volume (M): 116 52 Wk High: $ 1.85
Volume (M$): $ 44 52 Wk Avg: $0.89
Open: $0.40 52 Wk Low: $0.38

 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 9
 Employees -
 Revenues (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) -50
 Cash Flow (TTM) (Millions $) -17
 Capital Exp. (TTM) (Millions $) 8

Arcimoto Inc
Arcimoto Inc. is an American transportation company that designs and manufactures electric vehicles. The company's flagship product is the Arcimoto FUV (Fun Utility Vehicle), which is a three-wheeled electric vehicle. The FUV is designed to be an efficient, affordable, and sustainable alternative to traditional cars for short distance travel. Arcimoto aims to provide a solution to the growing problem of city congestion and pollution by offering a fun and practical electric vehicle option.

   Company Address: 2034 West 2nd Avenue Eugene 97402 OR
   Company Phone Number: 683-6293   Stock Exchange / Ticker: NASDAQ FUV


Stock Performances by Major Competitors

5 Days Decrease / Increase
• View Complete Report

Arcimoto Inc

Headline 1: FUV Hit Hard by Diminishing Returns, Escalating Further in Q2 of 2023

In the financial second quarter of 2023, Arcimoto Inc, a company in the Auto & Truck Parts industry, reported a significant increase in their loss per share. The loss per share rose to $-1.71 compared to $-0.44 a year ago, indicating a worrying trend. Moreover, this represents a surge in losses from the previous reporting season, where the loss per share was $-1.06. This is a clear indication that the company's financial performance is deteriorating.
Although the company did experience a respectable rise in revenue of 17.408% to $1.76 million in the same reporting season a year ago, it is important to note that this growth rate is lower than their industry counterparts. In fact, most corporations in the Auto & Truck Parts sector saw a business improvement of 12.88% during the same period. This suggests that Arcimoto Inc is not keeping up with industry trends and may be struggling to compete effectively.

Arcimoto Inc

FUV Experiences Surging Revenues by 108.16% YoY Amid Quadrupled Losses in Q1 2023

Investors in Arcimoto Inc, the electric vehicle manufacturer, may have been pleased to see a marked revenue improvement of 108.16% year on year to $1.35 million in the fiscal three months closing Mar 31 2023. However, a closer look at the numbers reveals concerning trends for the company's financial health.
Firstly, while revenue may have improved, the company's deficit per share actually increased from $-0.39 per share in the previous reporting season to $-1.06. This suggests that while the company may be generating more revenue, it is doing so at a much higher cost. Furthermore, the fact that this deficit is growing should be alarming to investors, indicating that the company's operating costs are continuing to spiral out of control.


Arcimoto Inc's Segments
• View Complete Report


About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com