secwatch.observer — SEC 8-K summary
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Issuer:     Envirotech Vehicles, Inc. (EVTV)
CIK:        0001563568
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001193125-22-285734
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Envirotech Vehicles reports first-ever quarterly profit; revenue up 448% YoY to $3.88M
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- Net income of $126,749 ($0.01/share) vs. net loss of $850,475 ($0.06) in Q3 2021.
- Revenue of $3.88M, up 448% YoY, driven by 37 vehicles sold vs. 8 a year ago.
- Operating expenses $1.74M, up 26% YoY; cash & securities $4.66M; working capital $20.25M.
- CEO expects Q4 2022 deliveries to retreat due to holiday shutdowns and lumpy government funding.
- Progress on Arkansas facility for EV manufacturing by 2024; hired grant writing firm for EPA school bus funds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563568/000119312522285734/0001193125-22-285734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563568/000119312522285734/d395350d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-285734

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