earnings
confidence high
sentiment negative
materiality 0.75
Fly-E Group Q3 FY2025 net loss $0.7M; revenue down 24% to $5.7M
Fly-E Group, Inc.
2026-Q3 EPS reported
-$8.38
revenue$20,375,842
- Revenue $5.7M for Q3 ended Dec 2024, down 23.6% from $7.4M YoY; sales volume fell 3,511 units to 9,989.
- Net loss of $0.7M ($0.03 per share) vs net income of $20,889 ($0.001) in prior-year quarter.
- Gross margin improved to 45.1% from 39.0% YoY, but operating expenses rose 26% to $3.5M.
- Nine-month net loss $2.0M ($0.08 per share) vs net income $1.2M ($0.05) a year ago.
- NYC DOT selected Fly-11 PRO as official model for $2M trade-in program launched Jan 2025.