AYRO - AYRO GAAP EPS of -$0.62 revenue of $2.99M
2023-03-23 07:08:53 ET
- AYRO press release ( NASDAQ: AYRO ): FY GAAP EPS of -$0.62.
- Revenue of $2.99M (+11.6% Y/Y).
- Adjusted EBITDA loss of ($18.5) million in 2022 vs. an Adjusted EBITDA loss of ($25.0) million in 2021
- Total cash and marketable securities of $48.9 million and no debt as of December 31, 2022
- "We see 2023 as a transformational year for AYRO, given what we believe to be a completed transition from the Club Car Current to the AYRO Vanish. We have minimal units of the Current left to sell and look forward to ramping production of the Vanish in the coming quarters."
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AYRO GAAP EPS of -$0.62, revenue of $2.99M