Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
---|---|---|---|---|
Income Statement | ||||
Total Revenue | 25.17M | 19.49M | 9.62M | 11.52M |
Gross Profit | 5.89M | 4.52M | 964.95K | 2.56M |
EBITDA | -4.18M | -885.00K | -2.21M | -533.00K |
Net Income | -10.77M | -1.18M | -2.44M | 882.91K |
Balance Sheet | ||||
Total Assets | 19.18M | 25.29M | 12.44M | 7.30M |
Cash, Cash Equivalents and Short-Term Investments | 1.48M | 8.13M | 3.51M | 2.81M |
Total Debt | 17.81M | 14.73M | 4.99M | 500.00K |
Total Liabilities | 38.16M | 35.31M | 15.45M | 10.19M |
Stockholders Equity | -18.98M | -10.02M | -3.01M | -2.89M |
Cash Flow | ||||
Free Cash Flow | -9.76M | -5.56M | 954.40K | -82.59K |
Operating Cash Flow | -9.76M | -5.01M | 1.49M | -20.75K |
Investing Cash Flow | -17.05M | -554.82K | -509.73K | -61.84K |
Financing Cash Flow | 3.13B | 7.11M | -278.16K | 661.63K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
68 Neutral | $17.10B | 11.44 | 9.70% | 3.58% | 11.11% | -4.78% | |
44 Neutral | $11.92M | ― | -82.82% | ― | -2.83% | -162.60% | |
44 Neutral | $19.42M | ― | -188.79% | ― | -53.55% | 65.29% | |
44 Neutral | $4.93M | ― | -132.63% | ― | -47.62% | 8.34% | |
41 Neutral | $30.74M | ― | -32.49% | ― | 36.58% | -62.75% | |
38 Underperform | $8.18M | 0.56 | -95.75% | ― | ― | ― | |
11 Underperform | $77.40M | ― | 86.35% | ― | ― | ― |
On July 22, 2025, ECD Automotive Design, Inc. held its annual meeting of stockholders. During this meeting, several key proposals were approved, including a reverse stock split, share issuances, an amendment to the equity incentive plan, the election of a director, and the ratification of the company’s auditor. These approvals reflect strategic decisions aimed at enhancing the company’s financial structure and governance, potentially impacting its market positioning and stakeholder interests.
ECD Automotive Design, Inc. has entered into several agreements with a private lender to convert existing notes and preferred stock into a new Series C Convertible Preferred Stock, which can be converted into common stock. On June 20, 2025, the lender converted 4,000 shares of Series B Preferred Stock into Series C Preferred Stock. Additionally, on July 7, 2025, the lender converted $2,462,805 from a loan agreement into 5,000 shares of Series C Preferred Stock. These financial maneuvers are aimed at restructuring the company’s debt and potentially improving liquidity.
ECD Automotive Design announced several strategic initiatives on June 23, 2025, aimed at enhancing operational efficiency and financial stability. The company completed a comprehensive review of its cost structure, negotiated a waiver with lenders to resolve existing defaults, and introduced a new Bitcoin treasury strategy. These efforts are intended to optimize working capital and support disciplined growth, positioning ECD to continue delivering high-quality custom vehicles while creating long-term value for shareholders.
ECD Automotive Design completed a business combination with Humble Imports Inc. and ECD Auto Design UK, issuing shares and warrants to former security holders, and securing a $15.8 million loan through a senior secured convertible note on December 12, 2023. The company faced several events of default related to its financial statements and filing obligations in 2024, leading to subsequent agreements with the lender to waive defaults and secure additional financing, including a $1.7 million loan in January 2025 and a $21.9 million note in June 2025.
ECD Automotive Design, Inc. completed a significant business combination on December 12, 2023, involving multiple entities, which resulted in the issuance of various stocks and warrants to former security holders of Humble Imports Inc. This strategic move, alongside a series of financial agreements and securities purchase agreements, aims to strengthen the company’s financial position and expand its market presence. However, the company is currently under investigation by the SEC concerning its 2024 financial statement restatements and auditor changes, which may impact its reputation and stakeholder trust.