Based in Osceola, Arkansas, Envirotech Vehicles, Inc. supplies zero-emission electric vehicles throughout the United States. Additionally, the firm provides comprehensive upkeep and diagnostic inspection services for these vehicles. Their extensive clientele spans commercial and last-mile delivery fleets, school districts, both public and private transportation entities, and higher education institutions. This company was formerly known as ADOMANI, Inc., before officially adopting its current name, Envirotech Vehicles, Inc., in May 2021.
Price Overview
Last updated: Jul 7, 2026 3:45am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -11.54
Total Equity: -$8.93M
Shares: 16,209,111
Total Debt: $505,759
Cash: $358,966
EBITDA: -$24.32M
Total Debt: $505,759
Cash: $358,966
Revenue: $5.94M
Shares: 16,209,111
Revenue: $5.94M
Revenue: $5.94M
Revenue: $5.94M
Total Equity: -$8.93M
Tax Rate: 0.0%
Equity: -$8.93M
Total Debt: $505,759
Cash: $358,966
Current Liabilities: $13.29M
Long-Term Debt: $0.00
Total Debt: $505,759
Total Equity: -$8.93M
Shares: 16,209,111
Shares: 16,209,111
CapEx: -$176,828
Shares: 16,209,111
Stock Price: $1.97
Net Income: -$39.13M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jul 7, 2026 1:10am (2h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.0M | $4.5M | $2.9M | $1.9M | $5.9M |
| Cost of Revenue | $1.3M | $2.8M | $1.9M | $1.4M | $14.1M |
| Gross Profit | $761,376 | $1.7M | $1.0M | $488,803 | -$8.1M |
| Operating Expenses | $8.5M | $8.5M | $13.7M | $8.4M | $17.2M |
| Operating Income | -$7.7M | -$43.8M | -$12.7M | -$7.9M | -$25.3M |
| Net Income | -$7.7M | -$43.8M | -$12.7M | -$8.8M | -$39.1M |
| EBITDA | -$7.0M | -$6.7M | -$7.5M | -$7.7M | -$24.3M |
| EPS | $-0.67 | $-2.92 | $-0.84 | $-0.55 | $-11.54 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 7, 2026 1:10am (2h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $4.8M | $2.8M | $456,719 | $1.9M | $358,966 |
| Total Current Assets | $23.0M | $18.3M | $12.1M | $17.6M | $3.5M |
| Total Assets | $75.3M | $33.5M | $22.7M | $32.7M | $4.7M |
| Current Liabilities | $1.6M | $1.5M | $1.8M | $11.7M | $13.3M |
| Long-Term Debt | $13,245 | $16,671 | $10,420 | $4,168 | $0 |
| Total Liabilities | $1.6M | $1.5M | $2.0M | $11.7M | $13.6M |
| Total Equity | $73.7M | $32.0M | $20.6M | $20.9M | -$8.9M |
| Retained Earnings | -$8.1M | -$51.9M | -$64.6M | -$73.5M | -$112.6M |
Cash Flow (Annual)
Last updated: Jul 7, 2026 1:10am (2h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$12.9M | -$7.4M | -$4.2M | -$3.5M | -$5.6M |
| Capital Expenditure | $-27,958 | $-168,583 | $-35,810 | $-430,333 | $-176,828 |
| Free Cash Flow | -$13.0M | -$7.6M | -$4.3M | -$3.9M | -$5.8M |
| Acquisitions (net) | $3.4M | -$5.7M | $0 | -$4.3M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.0M | -$2.1M | -$2.4M | $1.5M | -$1.6M |
Analyst Estimates (Annual)
Last updated: Jul 7, 2026 1:10am (2h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue |
$15.0M $15.0M – $15.0M
|
$40.0M $40.0M – $40.0M
|
$60.0M $60.0M – $60.0M
|
$90.0M $90.0M – $90.0M
|
| EBITDA |
-$15.0M -$15.0M – -$15.0M
|
-$40.0M -$40.0M – -$40.0M
|
-$60.0M -$60.0M – -$60.0M
|
-$90.0M -$90.0M – -$90.0M
|
| Net Income |
-$64.8M -$64.8M – -$64.8M
|
$0 |
$64.8M $64.8M – $64.8M
|
$129.7M $129.7M – $129.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 7, 2026 1:10am (2h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +120.5% | -36.4% | -34.7% | +217.6% |
| Gross Profit Growth | +127.5% | -41.9% | -51.4% | -1,760.9% |
| Operating Income Growth | -467.7% | +71.0% | +37.7% | -219.1% |
| Net Income Growth | -472.4% | +71.0% | +30.2% | -342.2% |
| EBITDA Growth | +4.5% | -12.5% | -3.2% | -214.6% |
Insider Trading (Recent)
Last updated: Jul 7, 2026 1:10am (2h ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-22 | Elk Terri White | A-Award | 50,000.00 | $2.19 | $109,500 |
| 2026-05-22 | OLDRIDGE PHILLIP | A-Award | 490,000.00 | $2.19 | $1.1M |
| 2026-05-22 | Di Pietro Michael A | A-Award | 50,000.00 | $2.19 | $109,500 |
| 2026-05-22 | Maddox Jason | A-Award | 310,000.00 | $2.19 | $678,900 |
| 2026-05-22 | Tracy Elgin | A-Award | 310,000.00 | $2.19 | $678,900 |
| 2024-12-31 | Maddox Jason | 0.00 | $0.00 | $0 | |
| 2024-12-31 | Maddox Jason | 0.00 | $0.00 | $0 | |
| 2024-12-31 | Maddox Jason | 0.00 | $0.00 | $0 | |
| 2025-03-10 | Alpert Merrick | 400,000.00 | $0.25 | $100,000 | |
| 2025-03-10 | Elk Terri White | A-Award | 100,000.00 | $0.25 | $25,000 |
| 2025-03-10 | Elk Terri White | A-Award | 100,000.00 | $0.25 | $25,000 |
| 2025-03-10 | Tracy Elgin | A-Award | 1,000,000.00 | $0.25 | $250,000 |
| 2025-03-10 | OLDRIDGE PHILLIP | A-Award | 1,000,000.00 | $0.25 | $250,000 |
| 2025-03-10 | Maddox Jason | A-Award | 1,000,000.00 | $0.25 | $250,000 |
| 2025-03-10 | Di Pietro Michael A | A-Award | 100,000.00 | $0.25 | $25,000 |
| 2025-03-10 | Di Pietro Michael A | A-Award | 100,000.00 | $0.25 | $25,000 |
| 2025-03-10 | Barcellos Melissa | A-Award | 100,000.00 | $0.25 | $25,000 |
| 2025-03-10 | Barcellos Melissa | A-Award | 100,000.00 | $0.25 | $25,000 |
| 2025-01-01 | Miller William Charlton | A-Award | 100,000.00 | $1.21 | $121,000 |
| 2025-01-01 | Miller William Charlton | 0.00 | $0.00 | $0 |
Narrative Economics
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