EZGO Technologies (EZGO) AI Stock Analysis

• Market Cap: $1.84M
• Dividend Yield: N/A
• Average Volume (3M): 114.65K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.46
• Revenue Growth: -1.08%
• EPS Growth: 97.76%
• Country: US
• Employees: 70
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -0.23
• Shares Outstanding: 5,675,172
• 10 Day Avg. Volume: 109,852
• 30 Day Avg. Volume: 114,649
• PEG Ratio: -0.04
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.87
• Enterprise Value/Market Cap: 11.46
• Enterprise Value/Revenue: 0.26
• Enterprise Value/Gross Profit: 14.01
• Enterprise Value/Ebitda: -1.11
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: $0.50 ▲(56.25%Upside)

EZGO Technologies' overall stock score is weighed down by its financial performance and valuation. Financial challenges with consistent net losses and negative cash flows are the most significant factors affecting the score. Technical analysis shows some neutral momentum, but the negative valuation due to a lack of profitability is a major concern.

EZGO Technologies Business Overview & Revenue Model

Company Description

EZGO Technologies Ltd., through its subsidiaries, engages in the design, manufacture, rental, and sale of e-bicycles and e-tricycles in the People's Republic of China. It is also involved the rental and sale of lithium batteries; and sale, franchising, and operation of smart charging piles for e-bicycles and other electronic devices. The company offers its e-bicycles and e-tricycles under the Dilang, Cenbird, and EZGO brands; and smart charging piles under the Hengdian brand. Further, it sells battery packs and cells. In addition, the company engages in the development, operation, and maintenance of software related to e-bicycle and battery rental services. The company was formerly known as EZGO IOT Tech & Services Co., Ltd. EZGO Technologies Ltd. was founded in 2014 and is headquartered in Changzhou, China.

How the Company Makes Money

EZGO Technologies generates revenue through the sale of its electric vehicles, including e-bicycles, e-mopeds, and e-scooters. The company's revenue model primarily revolves around direct sales to consumers and distribution through various retail and wholesale channels. EZGO also benefits from strategic partnerships with manufacturers and suppliers, which help streamline production costs and improve market reach. Additionally, the company may engage in partnerships or collaborations to expand its product offerings or enter new markets, further enhancing its revenue potential.

EZGO Technologies Financial Statement Overview

Summary

EZGO Technologies is experiencing financial difficulties, with consistent net losses and negative cash flows. Although there is some revenue growth and a stable equity position, issues with profitability and cash flow are concerning.

Income Statement

EZGO Technologies has shown revenue growth from the previous year, but it remains unprofitable with negative net income and EBIT margins. The gross profit margin has slightly improved but remains low. The company is struggling with consistent losses, impacting its financial stability.

Balance Sheet

The balance sheet shows a stable equity position with a reasonable debt-to-equity ratio. However, the company has seen a decline in stockholders' equity over the past year. The equity ratio remains strong, providing some buffer against liabilities. There is concern over increasing liabilities and decreasing cash reserves.

Cash Flow

EZGO Technologies has negative operating and free cash flows, indicating cash management challenges. Free cash flow growth is negative, and the operating cash flow to net income ratio is unfavorable, highlighting inefficiencies in converting income to cash.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	21.13M	15.92M	17.39M	23.42M	16.84M
Gross Profit	1.51M	1.14M	219.04K	382.48K	1.79M
EBITDA	-7.83M	-3.61M	-6.00M	-3.41M	157.65K
Net Income	-7.28M	-6.78M	-7.39M	-3.38M	276.92K
Balance Sheet
Total Assets	85.36M	81.91M	47.51M	42.01M	19.82M
Cash, Cash Equivalents and Short-Term Investments	5.03M	17.94M	5.09M	7.16M	2.53M
Total Debt	14.75M	6.10M	2.81M	310.39K	319.63K
Total Liabilities	24.38M	15.42M	13.97M	9.48M	6.67M
Stockholders Equity	58.57M	63.39M	30.64M	28.52M	8.87M
Cash Flow
Free Cash Flow	-14.43M	-14.10M	-12.13M	-17.48M	1.68M
Operating Cash Flow	-10.31M	-9.11M	-10.36M	-6.26M	4.02M
Investing Cash Flow	-11.24M	-13.97M	-4.48M	-11.04M	-3.35M
Financing Cash Flow	8.63M	36.17M	14.24M	22.76M	-4.00M

EZGO Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EZGO, the sentiment is Negative. The current price of 0.32 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.35, and below the 200-day MA of 0.66, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.50 is Neutral, neither overbought nor oversold. The STOCH value of 51.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EZGO.

EZGO Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPX	72 Outperform	$318.09M	21.66	10.33%	6.15%	-32.30%	-58.15%
MCFT	71 Outperform	$335.92M	―	-1.50%	―	-41.66%	-123.04%
Sector *	67 Neutral	¥252.23B	13.18	6.50%	2.78%	5.06%	-11.83%
ONEW	48 Neutral	$244.70M	―	-1.88%	―	-6.22%	91.93%
VEEE	46 Neutral	$4.92M	―	-54.97%	―	-57.48%	-27.43%
VMAR	44 Neutral	$7.60M	―	-80.86%	―	-55.43%	55.17%
EZGO	42 Neutral	$1.84M	―	-7.28%	―	-1.08%	97.76%