NASDAQ : EZGO
EZGO Technologies Ltd. — Financial statements
Consumer Discretionary · Recreational Vehicles · China
Last price 0.7462 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.72M
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Financial statements
EZGO Technologies Ltd. (EZGO) reported revenue of 20.28M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 20.28M | 20.49M | 18.22M | 9.16M | 17.39M | 23.42M |
| Cost of Revenue | 19.24M | 19.15M | 16.53M | 8.13M | 17.17M | 23.04M |
| Gross Profit | 1.05M | 1.33M | 1.70M | 1.03M | 219.04K | 382.48K |
| Selling, General & Admin | 4.38M | 2.33M | 3.14M | 3.61M | 5.84M | 4.26M |
| Research & Development | 678.79K | 954.18K | 888.49K | 613.27K | 839.93K | |
| Operating Expenses | 5.06M | 3.29M | 4.03M | 4.22M | 6.68M | 4.26M |
| Operating Income | -4.01M | -1.95M | -2.33M | -3.19M | -6.46M | -3.88M |
| Interest Expense | -183.81K | -130.51K | -82.96K | -17.58K | -105.43K | -60.76K |
| Interest & Investment Income | 433.73K | 110.97K | 435.25K | 144.72K | 65.38K | |
| Earnings From Equity Investments | -12.76K | -73.56K | -44.40K | -56.89K | -130.53K | |
| Other Non Operating Income (Expenses) | -699.49K | 265.86K | 44.94K | 8.91K | -226.92K | 141.53K |
| EBT Excluding Unusual Items | -4.48M | -1.78M | -1.98M | -3.11M | -6.86M | -3.80M |
| Impairment of Goodwill | -1.73M | -1.73M | -1.36M | -1.79M | ||
| Gain (Loss) on Sale of Investments | -3.52M | -3.52M | -3.04M | |||
| Asset Writedown | -1.40M | -1.40M | ||||
| Other Unusual Items | -265.20K | 979.77K | ||||
| Pretax Income | -11.13M | -8.44M | -6.65M | -3.92M | -6.86M | -3.80M |
| Income Tax Expense | 1.04M | 1.02M | -786.37K | -62.45K | 527.12K | -419.40K |
| Earnings From Continuing Operations | -12.17M | -9.46M | -5.86M | -3.86M | -7.39M | -3.38M |
| Earnings From Discontinued Operations | 356.32K | 179.84K | -2.22M | -3.40M | -81.61K | -36.40K |
| Net Income to Company | -11.81M | -9.28M | -8.09M | -7.26M | -7.47M | -3.41M |
| Minority Interest in Earnings | 649.00K | 586.33K | 801.00K | 475.23K | 1.01M | 434.97K |
| Net Income | -11.17M | -8.69M | -7.28M | -6.78M | -6.46M | -2.98M |
| Net Income to Common | -11.17M | -8.69M | -7.28M | -6.78M | -6.46M | -2.98M |
| Free Cash Flow | -10.96M | -4.28M | -14.43M | -12.36M | -10.59M | -12.98M |
| Gross Margin | 5.15% | 6.52% | 9.31% | 11.28% | 1.26% | 1.63% |
| Operating Margin | -19.79% | -9.54% | -12.81% | -34.78% | -37.16% | -16.55% |
| Profit Margin | -55.05% | -42.43% | -39.98% | -74.03% | -37.17% | -12.72% |
| Free Cash Flow Margin | -54.06% | -20.91% | -79.20% | -134.94% | -60.90% | -55.42% |
| EBITDA | -3.34M | -1.29M | -1.67M | -2.73M | -5.46M | -3.41M |
| EBITDA Margin | -16.47% | -6.29% | -9.15% | -29.84% | -31.39% | -14.55% |
| D&A For EBITDA | 673.13K | 665.83K | 666.67K | 452.38K | 1.00M | 469.85K |
| EBIT | -4.01M | -1.95M | -2.33M | -3.19M | -6.46M | -3.88M |
| EBIT Margin | -19.79% | -9.54% | -12.81% | -34.78% | -37.16% | -16.55% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 811.85K | 517.34K | 3.42M | 17.25M | 4.39M | 4.77M |
| Short-Term Investments | 1.56M | 685.31K | 702.89K | 2.39M | ||
| Cash & Short-Term Investments | 811.85K | 517.34K | 4.97M | 17.94M | 5.09M | 7.16M |
| Accounts Receivable | 6.58M | 11.48M | 7.82M | 3.79M | 7.57M | 6.88M |
| Other Receivables | 10.70M | 15.73M | 3.24M | 9.15M | 9.39M | 2.95M |
| Receivables | 17.28M | 27.21M | 11.06M | 12.94M | 16.96M | 10.37M |
| Inventory | 19.50M | 9.52M | 17.16M | 12.48M | 10.67M | 7.88M |
| Prepaid Expenses | 59.08K | 71.32K | 61.44K | 34.97K | 106.56K | 539.51K |
| Restricted Cash | 986.30K | 875.00 | 23.23K | 1.12M | ||
| Other Current Assets | 1.55M | 228.76K | 7.16M | 2.53M | 301.25K | 606.53K |
| Total Current Assets | 39.20M | 37.55M | 41.40M | 45.91M | 33.15M | 27.68M |
| Property, Plant & Equipment | 11.12M | 9.84M | 7.84M | 3.89M | 4.11M | 8.75M |
| Long-Term Investments | 11.32M | 11.00M | 14.86M | 12.19M | 2.10M | 132.62K |
| Goodwill | 1.78M | 3.06M | ||||
| Other Intangible Assets | 6.90M | 1.62M | 3.73M | 4.22M | 6.68M | 4.51M |
| Long-Term Deferred Tax Assets | 991.02K | 160.82K | 45.29K | 585.43K | ||
| Other Long-Term Assets | 2.05M | 8.98M | 14.75M | 12.48M | 1.42M | 356.78K |
| Total Assets | 70.62M | 69.06M | 85.36M | 81.91M | 47.51M | 42.01M |
| Accounts Payable | 457.93K | 281.17K | 608.52K | 1.11M | 782.40K | 651.70K |
| Accrued Expenses | 1.05M | 938.27K | 888.74K | 5.18M | 7.83M | 6.85M |
| Short-Term Debt | 9.09M | 5.87M | 6.61M | 1.67M | ||
| Current Portion of Long-Term Debt | 1.69M | 1.63M | 634.12K | 2.81M | 310.39K | |
| Current Portion of Leases | 2.81K | 41.57K | ||||
| Current Income Taxes Payable | 140.63K | 104.81K | 93.78K | 395.43K | 350.64K | 395.48K |
| Current Unearned Revenue | 124.74K | 160.69K | 143.72K | 1.04M | 900.44K | 94.90K |
| Other Current Liabilities | 235.34K | 2.69M | 7.91M | 1.60M | 1.30M | 1.17M |
| Total Current Liabilities | 12.78M | 11.68M | 16.89M | 11.04M | 13.97M | 9.48M |
| Long-Term Debt | 5.78M | 6.43M | 7.46M | 4.39M | ||
| Other Long-Term Liabilities | 23.07K | |||||
| Total Liabilities | 18.57M | 18.11M | 24.38M | 15.42M | 13.97M | 9.48M |
| Common Stock | 732.03K | 107.01K | 102.10K | 24.21K | 13.63K | |
| Additional Paid-In Capital | 94.65M | 81.24M | 82.18M | 81.80M | 40.69M | 32.26M |
| Retained Earnings | -34.02M | -30.41M | -21.72M | -14.44M | -7.65M | -1.19M |
| Comprehensive Income & Other | -11.13M | -3.16M | -1.99M | -4.07M | -2.42M | -2.57M |
| Total Common Equity | 49.50M | 48.39M | 58.57M | 63.39M | 30.64M | 28.52M |
| Minority Interest | 2.55M | 2.56M | 2.42M | 3.09M | 2.90M | 4.02M |
| Shareholders' Equity | 52.05M | 50.95M | 60.98M | 66.48M | 33.54M | 32.54M |
| Total Liabilities & Equity | 70.62M | 69.06M | 85.36M | 81.91M | 47.51M | 42.01M |
| Total Debt | 16.56M | 13.93M | 14.71M | 6.10M | 2.81M | 310.39K |
| Net Cash (Debt) | -15.75M | -13.41M | -9.73M | 11.84M | 2.28M | 6.85M |
| Working Capital | 26.41M | 25.87M | 24.51M | 34.88M | 19.19M | 18.20M |
| Tangible Book Value | 42.60M | 46.78M | 53.05M | 56.12M | 23.96M | 24.01M |
| Buildings | 2.68M | 6.02M | ||||
| Machinery | 11.32M | 145.19K | 141.37K | 1.66M | 1.69M | 1.65M |
| Construction In Progress | 9.78M | 7.77M | 3.10M | 64.06K | ||
| Leasehold Improvements | 490.12K | 541.10K |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -11.17M | -8.69M | -7.28M | -6.78M | -6.46M | -2.98M |
| Depreciation & Amortization | 673.13K | 665.83K | 666.67K | 452.38K | 1.00M | 469.85K |
| Loss (Gain) From Sale of Assets | 47.00 | 553.05K | 14.76K | |||
| Asset Writedown & Restructuring Costs | 3.13M | 3.13M | 1.36M | 1.79M | ||
| Loss (Gain) From Sale of Investments | 3.52M | 3.50M | 3.04M | -109.82K | ||
| Loss (Gain) on Equity Investments | 12.76K | 73.56K | 44.40K | 56.89K | 130.53K | |
| Stock-Based Compensation | 811.75K | 148.75K | 379.49K | 1.26M | 440.62K | |
| Provision & Write-off of Bad Debts | 1.27M | 172.08K | 101.96K | 2.91K | 1.09M | |
| Other Operating Activities | 311.74K | 27.83K | 905.44K | 1.92M | -228.95K | -761.74K |
| Change in Accounts Receivable | -222.79K | -3.89M | -5.40M | 182.13K | -2.49M | -180.21K |
| Change in Inventory | -8.64M | 2.02M | -5.43M | -4.53M | -3.88M | -4.64M |
| Change in Accounts Payable | 281.12K | 92.35K | 26.09K | 133.34K | 232.14K | 333.32K |
| Change in Unearned Revenue | 13.82K | 18.76K | -246.88K | 225.55K | 884.72K | -67.29K |
| Change in Income Taxes | 49.25K | 12.21K | -17.95K | 55.49K | 36.93K | 85.95K |
| Change in Other Net Operating Assets | 331.79K | -437.79K | 2.82M | -5.49M | -1.50M | 851.79K |
| Operating Cash Flow | -9.42M | -2.21M | -10.31M | -1.89M | -10.36M | -6.26M |
| Capital Expenditures | -1.55M | -2.08M | -4.12M | -10.47M | -234.26K | -6.72M |
| Sale of Property, Plant & Equipment | 453.65K | |||||
| Cash Acquisitions | -22.10K | -22.10K | -572.30K | |||
| Sale (Purchase) of Intangibles | -1.73M | -1.54M | -4.50M | |||
| Investment in Securities | -1.20M | 1.57M | -5.55M | -13.52M | 1.48M | -131.32K |
| Other Investing Activities | 11.55M | -1.17M | -1.37M | 5.11M | -4.19M | -138.69K |
| Investing Cash Flow | 6.98M | -3.50M | -11.24M | -21.19M | -4.48M | -11.04M |
| Short-Term Debt Issued | 6.94M | 6.26M | 1.71M | 6.55M | 2.13M | |
| Long-Term Debt Issued | 693.24K | 4.83M | 4.54M | |||
| Total Debt Issued | 13.06M | 7.63M | 11.09M | 6.25M | 6.55M | 2.13M |
| Short-Term Debt Repaid | -6.84M | -1.57M | -283.56K | -305.19K | -312.31K | |
| Long-Term Debt Repaid | -2.00M | |||||
| Total Debt Repaid | -15.28M | -8.84M | -1.57M | -283.56K | -305.19K | -312.31K |
| Net Debt Issued (Repaid) | -2.22M | -1.21M | 9.52M | 5.96M | 6.24M | 1.82M |
| Issuance of Common Stock | 2.40M | 31.85M | 8.00M | 20.95M | ||
| Other Financing Activities | 2.96M | 2.99M | -886.37K | -1.64M | ||
| Financing Cash Flow | 3.14M | 1.78M | 8.63M | 36.17M | 14.24M | 22.76M |
| Foreign Exchange Rate Adjustments | -269.54K | -19.44K | 124.34K | -248.39K | -883.77K | 78.97K |
| Net Cash Flow | 421.17K | -3.94M | -12.79M | 12.84M | -1.48M | 5.55M |
| Free Cash Flow | -10.96M | -4.28M | -14.43M | -12.36M | -10.59M | -12.98M |
| Free Cash Flow Margin | -54.06% | -20.91% | -79.20% | -134.94% | -60.90% | -55.42% |
| Levered Free Cash Flow | -16.96M | -8.64M | -12.72M | -14.24M | -9.98M | -17.13M |
| Unlevered Free Cash Flow | -16.85M | -8.56M | -12.67M | -14.23M | -9.92M | -17.10M |
| Cash Interest Paid | 715.39K | 590.52K | 413.80K | 40.01K | 398.75K | 12.11K |
| Cash Income Tax Paid | 45.25K | 49.03K | 38.06K | 2.48K | 6.55K | 6.52K |
| Change in Working Capital | -8.19M | -2.19M | -8.25M | -9.43M | -6.72M | -3.62M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.78M | 744.68K | 3.37M | 10.65M | 9.67M | 38.98M |
| Enterprise Value | 17.53M | 14.09M | 14.22M | 13.32M | 13.63M | 34.41M |
| Last Close Price | 0.76 | 539.62 | 4,949.98 | 21,389.89 | 61,574.69 | 437,997.81 |
| PS Ratio | 0.09 | 0.04 | 0.18 | 1.16 | 0.56 | 1.66 |
| PB Ratio | 0.00 | 0.01 | 0.06 | 0.16 | 0.29 | 1.20 |
| P/TBV Ratio | 0.04 | 0.02 | 0.06 | 0.19 | 0.40 | 1.62 |
| EV/Sales Ratio | 0.86 | 0.69 | 0.78 | 1.45 | 0.78 | 1.47 |
| Debt / Equity Ratio | 0.32 | 0.27 | 0.24 | 0.09 | 0.08 | 0.01 |
| Net Debt / Equity Ratio | 0.30 | 0.26 | 0.16 | -0.18 | -0.07 | -0.21 |
| Net Debt / EBITDA Ratio | -4.71 | -10.41 | -5.84 | 4.33 | 0.42 | 2.01 |
| Net Debt / FCF Ratio | -1.44 | -3.13 | -0.67 | 0.96 | 0.21 | 0.53 |
| Asset Turnover | 0.27 | 0.27 | 0.22 | 0.14 | 0.39 | 0.76 |
| Inventory Turnover | 1.10 | 1.44 | 1.11 | 0.70 | 1.85 | 4.08 |
| Quick Ratio | 1.42 | 2.37 | 0.95 | 2.80 | 1.58 | 1.79 |
| Current Ratio | 3.07 | 3.21 | 2.45 | 4.16 | 2.37 | 2.92 |
| Return on Equity (ROE) | -22.25% | -16.90% | -9.20% | -7.71% | -22.36% | -14.79% |
| Return on Assets (ROA) | -3.36% | -1.58% | -1.74% | -3.08% | -9.02% | -7.84% |
| Return on Invested Capital (ROIC) | -5.92% | -2.89% | -3.72% | -7.42% | -22.70% | -21.18% |
| Return on Capital Employed (ROCE) | -6.90% | -3.40% | -3.40% | -4.50% | -19.30% | -11.90% |
| Earnings Yield | -41,539.21% | -1,167.26% | -216.42% | -63.68% | -66.86% | -7.64% |
| FCF Yield | -628.36% | -575.09% | -428.79% | -116.08% | -109.54% | -33.30% |