📊 EVTV Key Takeaways
Is EVTV a Good Investment? Thesis Analysis
Envirotech Vehicles is in severe financial distress with collapsing revenues (-34.7% YoY), massive operating losses (-$24.6M), and negative cash flow (-$6.3M operating, -$6.5M free). The company is unprofitable across all metrics with negative margins exceeding -700% and rapidly depleting cash reserves ($77.6K), making insolvency a material near-term risk absent immediate capital injection or dramatic operational turnaround.
Why Buy EVTV? Key Strengths
- Maintains positive stockholders' equity of $1.9M providing minimal cushion
- Total assets of $18.2M provide some liquidation value
- No insider selling activity in last 90 days suggests management has not abandoned confidence
EVTV Investment Risks to Consider
- Critical liquidity crisis: only $77.6K cash against $16.3M liabilities and current ratio of 0.97x indicates inability to meet near-term obligations
- Severe revenue contraction of 34.7% YoY with negative gross margin of -36.4% indicates fundamental business model failure or existential operational issues
- Massive operating losses of $24.6M with interest coverage of -4918.9x indicate company cannot service $2.9M long-term debt; bankruptcy risk is high within 12 months at current cash burn rate
- Negative free cash flow of -$6.5M annually unsustainable; at current burn rate, existing cash depleted in ~5 weeks
Key Metrics to Watch
- Monthly cash burn rate and path to positive operating cash flow
- Revenue stabilization and gross margin recovery to positive territory
- Debt restructuring or covenant waiver negotiations with lenders
- Capital raise events or asset sales to extend runway
EVTV Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
EVTV Profitability Ratios
EVTV vs Default Sector
How Envirotech Vehicles, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is EVTV Overvalued or Undervalued?
Based on fundamental analysis, Envirotech Vehicles, Inc. shows some fundamental concerns relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
EVTV Balance Sheet & Liquidity
EVTV 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Envirotech Vehicles, Inc.'s revenue has declined by 77% over the 5-year period, indicating business contraction. The most recent EPS of $-0.84 indicates the company is currently unprofitable.
EVTV Growth Metrics (YoY)
EVTV Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | N/A | -$755.1K | $-0.76 |
| Q2 2025 | $812.8K | -$755.1K | $-0.48 |
| Q1 2025 | $590.6K | -$4.5M | $-0.29 |
| Q3 2024 | N/A | -$755.1K | $-0.08 |
| Q2 2024 | $812.8K | -$755.1K | $-0.05 |
| Q1 2024 | $523.2K | -$2.3M | $-0.15 |
| Q3 2023 | $100.0K | -$1.2M | $-0.09 |
| Q2 2023 | $1.5M | -$1.2M | $-0.08 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
EVTV Capital Allocation
EVTV SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Envirotech Vehicles, Inc. (CIK: 0001563568)
📋 Recent SEC Filings
❓ Frequently Asked Questions about EVTV
What is the AI rating for EVTV?
Envirotech Vehicles, Inc. (EVTV) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are EVTV's key strengths?
Claude: Maintains positive stockholders' equity of $1.9M providing minimal cushion. Total assets of $18.2M provide some liquidation value.
What are the risks of investing in EVTV?
Claude: Critical liquidity crisis: only $77.6K cash against $16.3M liabilities and current ratio of 0.97x indicates inability to meet near-term obligations. Severe revenue contraction of 34.7% YoY with negative gross margin of -36.4% indicates fundamental business model failure or existential operational issues.
What is EVTV's revenue and growth?
Envirotech Vehicles, Inc. reported revenue of $3.5M.
Does EVTV pay dividends?
Envirotech Vehicles, Inc. does not currently pay dividends.
Where can I find EVTV SEC filings?
Official SEC filings for Envirotech Vehicles, Inc. (CIK: 0001563568) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is EVTV's EPS?
Envirotech Vehicles, Inc. has a diluted EPS of $-0.23.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is EVTV a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, Envirotech Vehicles, Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is EVTV stock overvalued or undervalued?
Valuation metrics for EVTV: ROE of -1,371.6% (sector avg: 15%), net margin of -740.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy EVTV stock in 2026?
Our dual AI analysis gives Envirotech Vehicles, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is EVTV's free cash flow?
Envirotech Vehicles, Inc.'s operating cash flow is $-6.3M, with capital expenditures of $176.8K. FCF margin is -187.6%.
How does EVTV compare to other Default stocks?
Vs Default sector averages: Net margin -740.3% (avg: 12%), ROE -1,371.6% (avg: 15%), current ratio 0.97 (avg: 1.8).