secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fly-E Group, Inc. (FLYE)
CIK:        0001975940
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001213900-25-015731
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fly-E Group Q3 FY2025 net loss $0.7M; revenue down 24% to $5.7M
---------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1975940/000121390025015731/0001213900-25-015731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1975940/000121390025015731/ea0231724-8k_flyegroup.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-015731

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer