Ecd Automotive Design, Inc. ( (ECDA) ) has released its Q2 earnings. Here is a breakdown of the information Ecd Automotive Design, Inc. presented to its investors.
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ECD Automotive Design, Inc., a company specializing in the production and sale of customized Land Rover vehicles, Jaguar E-Types, Classic Ford Mustangs, and Toyota FJ40s, operates in the automotive design sector with a focus on high-quality, bespoke vehicle builds. In its latest earnings report for the quarter ending June 30, 2025, ECD Automotive Design, Inc. reported a net revenue of $7.02 million, a slight increase from the previous year’s $6.45 million for the same period. However, the company faced a net loss of $4.27 million, which is a significant increase from the $2.03 million loss reported in the previous year. Key financial metrics reveal that despite a rise in revenue, the company’s gross profit decreased to $1.39 million from $2.05 million, primarily due to increased costs of goods sold and operating expenses. The company also reported a substantial increase in general and administrative expenses, which rose to $3.67 million from $2.27 million. Looking ahead, ECD Automotive Design, Inc. acknowledges the challenges posed by its current liquidity condition and the need for additional financing. The management remains focused on exploring new financing options to support its operations and address the working capital deficit, while continuing to deliver high-quality, customized vehicles to its clientele.