---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-057933"
form_type: "8-K"
ticker: "FLYE"
cik: "0001975940"
company_name: "Fly-E Group, Inc."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:13:52.004201+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fly-E Group FY2024 revenue up 47.9% to $32.2M; net income rises 37.5%

## Summary
- Net revenue $32.2M (+47.9% YoY); gross profit $13.1M (+58.1%); gross margin 40.7% from 38.1%.
- Net income $1.9M (+37.5%); basic EPS $0.09 vs $0.06; EBITDA $3.5M (+43.2%).
- Sales volume of EVs up 7,389 units to 18,652 units; average selling price $960 (+2% YoY).
- IPO completed June 2024: 2.5875M shares at $4.00, gross proceeds $10.35M; trades on Nasdaq under FLYE.
- Operating expenses rose 64.7% to $9.8M due to expansion and IPO-related costs.

## SEC filing metadata
- accession: 0001213900-24-057933
- form_type: 8-K
- ticker: FLYE
- cik: 0001975940
- company_name: Fly-E Group, Inc.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1975940/000121390024057933/0001213900-24-057933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1975940/000121390024057933/ea0208814-8k_flyegroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-057933
- JSON: https://secwatch.observer/filing/0001213900-24-057933.json
- Plain text: https://secwatch.observer/filing/0001213900-24-057933.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.