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home / news releases / SOLO - Electrameccanica Vehicles GAAP EPS of -$0.10 revenue of $0.5M

SOLO - Electrameccanica Vehicles GAAP EPS of -$0.10 revenue of $0.5M

Electrameccanica Vehicles Corp. Ltd.

2023-05-15 10:17:35 ET

  • Electrameccanica Vehicles press release ( NASDAQ: SOLO ): Q1 GAAP EPS of -$0.10.
  • Revenue of $0.5M (-51.9% Y/Y).
  • Revenue for the three months ended March 31, 2023, was $504,427 compared to $1,038,643 for the same period in 2022, primarily reflecting a decrease in SOLO unit deliveries in 2023 to 29 compared with 45 unit deliveries in the prior year period. The reduction in SOLO unit deliveries was primarily caused by the Company’s voluntary vehicle stop-sale issued on February 21, 2023.

For further details see:

Electrameccanica Vehicles GAAP EPS of -$0.10, revenue of $0.5M
Stock Information
Company Name: Electrameccanica Vehicles Corp. Ltd.
Stock Symbol: SOLO
Market: NASDAQ
Website: electrameccanica.com
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