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EZGO Technologies
(NASDAQ:EZGO)
EZGO Technologies (EZGO) vs. SPDR S&P 500 ETF (SPY)
EZGO Technologies Business Overview & Revenue Model
EZGO Technologies Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.12M | 21.13M | 15.92M | 17.39M | 23.42M | 16.84M |
| Gross Profit | 1.69M | 1.51M | 1.14M | 219.04K | 382.48K | 1.79M |
| EBITDA | -1.22M | -7.83M | -3.61M | -5.82M | -3.41M | 157.65K |
| Net Income | -4.37M | -7.28M | -6.78M | -6.46M | -2.98M | 276.92K |
Balance Sheet | ||||||
| Total Assets | 78.61M | 85.36M | 81.91M | 47.51M | 42.01M | 19.82M |
| Cash, Cash Equivalents and Short-Term Investments | 372.56K | 5.03M | 17.94M | 5.09M | 7.16M | 2.53M |
| Total Debt | 11.42M | 14.75M | 6.10M | 2.81M | 310.39K | 319.63K |
| Total Liabilities | 21.27M | 24.38M | 15.42M | 13.97M | 9.48M | 6.67M |
| Stockholders Equity | 55.05M | 58.57M | 63.39M | 30.64M | 28.52M | 8.87M |
Cash Flow | ||||||
| Free Cash Flow | -1.17M | -14.43M | -14.10M | -12.13M | -17.48M | 1.68M |
| Operating Cash Flow | 1.36M | -10.31M | -9.11M | -10.36M | -6.26M | 4.02M |
| Investing Cash Flow | -5.87M | -11.24M | -13.97M | -4.48M | -11.04M | -3.35M |
| Financing Cash Flow | -2.00M | 8.63M | 36.17M | 14.24M | 22.76M | -4.00M |
EZGO Technologies Technical Analysis
EZGO Technologies Risk Analysis
EZGO Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
47 Neutral | $891.57K | -0.11 | -7.28% | ― | -1.08% | 97.76% | |
44 Neutral | $4.40M | >-0.01 | -152.23% | ― | -66.16% | 78.81% | |
43 Neutral | $5.95M | -0.33 | -59.55% | ― | -34.70% | 36.13% | |
40 Underperform | $28.34M | -0.12 | ― | ― | ― | ― |
EZGO Technologies Corporate Events
On November 3, 2025, EZGO Technologies Ltd. announced the adjournment of its extraordinary meeting of shareholders due to the lack of a quorum. The meeting, initially convened earlier that day, will be reconvened on November 4, 2025, to allow more time for proxy solicitation. The company’s board of directors has resolved that if a quorum is still not present at the rescheduled meeting, the shareholders present will constitute a quorum. This development highlights the company’s ongoing efforts to engage shareholders in key decision-making processes.
EZGO Technologies Ltd., a company based in Changzhou, China, is set to hold an extraordinary meeting of shareholders on November 3, 2025. The meeting will address significant changes to the company’s voting structure, including the introduction of a super voting share structure that grants preferred shares 20 votes each, compared to one vote per ordinary share. This move aims to concentrate voting power among preferred shareholders, potentially impacting the influence of ordinary shareholders on corporate decisions. The proposed changes, if approved, could affect the company’s governance and market dynamics by limiting the ability of ordinary shareholders to influence major transactions and corporate actions.
On October 1, 2025, EZGO Technologies Ltd. adopted an equity incentive plan to enhance its ability to attract and retain key personnel. The plan became effective immediately, and on October 2, 2025, the company issued 3,400,000 ordinary shares to WXYZ Group Ltd., owned by CEO Jianhui Ye, as compensation for his continued service. This move is expected to strengthen the company’s operational capabilities and align the interests of its leadership with shareholders, potentially impacting its market positioning positively.
EZGO Technologies Ltd. announced the resignation of Ms. Jingyan Wu as Chief Financial Officer, effective August 31, 2025, citing no disagreements with the company. Subsequently, Mr. Yuehan Ling was appointed as the new Chief Financial Officer effective September 4, 2025. Mr. Ling brings over a decade of experience in accounting and auditing, having previously worked at Ernst & Young Hua Ming LLP. This leadership change is expected to bring fresh perspectives to the company’s financial strategies and operations.
On August 27, 2025, EZGO Technologies Ltd. announced a warrant exchange agreement with holders of 5,389,126 existing warrants, which were initially issued in September 2023. The agreement involves retiring these warrants in exchange for 1,246,000 ordinary shares and 10,879,534 pre-funded warrants. This move is expected to streamline the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding warrants. The pre-funded warrants, exercisable at $0.04 per share, are designed to prevent any holder from owning more than 4.99% or 9.99% of the company’s share capital, depending on their election, thus maintaining a balanced ownership structure.
On July 30, 2025, Qixiang Liu resigned from his roles at EZGO Technologies Ltd., including as a director and the Chair of Nominating and Corporate Governance Committee. The following day, Zhenguo Wu was appointed to fill these positions. Wu brings substantial legal experience in capital markets, having worked at Watson & Band Law Offices and served as an independent director at WORK Medical Technology Group Ltd. His appointment is expected to contribute to the company’s governance and strategic direction.