The latest update is out from Ehang Holdings ( (EH) ).
EHang Holdings Limited announced record-high financial results for the fourth quarter and fiscal year 2024, with revenues increasing by 190.2% and 288.5% year-over-year, respectively. The company achieved significant growth in eVTOL sales, delivering 216 units in 2024, marking a 315.4% increase from the previous year. EHang also reported its first year of non-GAAP profitability and positive operating cash flow, highlighting its strong financial performance and strategic investments. The company continues to expand its global presence and infrastructure, preparing for commercial flight operations in various cities across China and internationally.
More about Ehang Holdings
EHang Holdings Limited is a leading Urban Air Mobility (UAM) technology platform company based in Guangzhou, China. The company specializes in the development and manufacturing of electric vertical take-off and landing (eVTOL) aircraft, including models for passenger transportation, aerial firefighting, and logistics. EHang is focused on expanding its market presence both domestically in China and internationally, with operations in multiple global cities.
YTD Price Performance: 43.27%
Average Trading Volume: 2,128,870
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.43B
See more data about EH stock on TipRanks’ Stock Analysis page.
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