Net Net Stock Overview

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Overview

Forza X1 Inc
Consumer Cyclicals
P/NCAV
0.46x
Ticker
FRZA
Exchange
NASDAQ
Country
United States
Close
0.43 $
Mkt Cap
5.8M $
EV
-3.8M $
NCAV Burn Rate
2.3%
Current Ratio
15.87
Debt/Equity
0.02
EV/REV
-101.6x
EV/EBIT
0.6x
EV/FCF
2.8x
Dilution
15.6% p.A
Total Net Income
-10.0M $
Cheapness
100.0%
Forza X1, Inc. is focused on the creation, implementation and sale of electric boats, utilizing its electric vehicle (EV) technology to control and power its boats and outboard electric motors. Its electric boats are designed as fully integrated electric boats, including the hull, outboard motor, and control system. The three main components of its electric boats are the fiberglass part of the boat, the motor that propels the boat, and the control system. It offers its EV products, services, and support through a Web-based and mobile phone application, which is a vertically integrated and a direct-to-consumer platform. It utilizes a Web-based and application platform to connect with customers for an end-to-end experience encompassing everything from buying, financing, delivering, servicing, and training. The Company’s two models, the FX1 Dual Console and FX1 Center Console, are designed to be 25-foot in length, and utilize a catamaran hull surface to reduce drag and increase run times.

Profitability

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Margins

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Dilution

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