NASDAQ : FLYE
Fly-E Group, Inc. — Financial statements
Consumer Discretionary · Auto Manufacturers · United States
Last price 1.83 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.99M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Fly-E Group, Inc. (FLYE) reported revenue of 16.48M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 16.48M | 19.06M | 25.43M | 32.21M | 21.77M | 17.19M |
| Cost of Revenue | 13.79M | 14.40M | 14.98M | 19.10M | 13.49M | 13.95M |
| Gross Profit | 2.70M | 4.66M | 10.45M | 13.11M | 8.29M | 3.24M |
| Selling, General & Admin | 10.61M | 10.54M | 15.01M | 9.85M | 5.98M | 2.61M |
| Operating Expenses | 10.61M | 10.54M | 15.01M | 9.85M | 5.98M | 2.61M |
| Operating Income | -7.91M | -5.88M | -4.56M | 3.26M | 2.31M | 627.73K |
| Interest Expense | -1.45M | -1.81M | -405.62K | -152.05K | -100.39K | |
| Other Non Operating Income (Expenses) | -799.27K | -684.77K | 10.59K | -30.35K | -11.52K | -48.50K |
| EBT Excluding Unusual Items | -10.16M | -8.37M | -4.95M | 3.08M | 2.20M | 579.23K |
| Asset Writedown | -558.06K | -558.06K | ||||
| Pretax Income | -10.72M | -8.93M | -4.95M | 3.08M | 2.20M | 579.23K |
| Income Tax Expense | 467.94K | 328.68K | 336.17K | 1.18M | 821.90K | 171.21K |
| Net Income | -11.19M | -9.26M | -5.29M | 1.90M | 1.38M | 408.02K |
| Net Income to Common | -11.19M | -9.26M | -5.29M | 1.90M | 1.38M | 408.02K |
| Shares Outstanding (Basic) | 1.43M | 1.10M | 241.05K | 220.00K | 220.00K | |
| Shares Outstanding (Diluted) | 1.43M | 1.10M | 241.05K | 220.00K | 220.00K | |
| EPS (Basic) | -7.83 | -8.38 | -21.95 | 8.61 | 6.27 | |
| EPS (Diluted) | -7.83 | -8.38 | -21.95 | 8.61 | 6.27 | |
| Free Cash Flow | -8.69M | -13.92M | -11.69M | 2.61M | 1.31M | -311.86K |
| Free Cash Flow Per Share | -6.08 | -12.61 | -48.51 | 11.84 | 5.97 | |
| Gross Margin | 16.36% | 24.44% | 41.10% | 40.70% | 38.07% | 18.86% |
| Operating Margin | -48.00% | -30.85% | -17.93% | 10.12% | 10.62% | 3.65% |
| Profit Margin | -67.88% | -48.56% | -20.81% | 5.88% | 6.33% | 2.37% |
| Free Cash Flow Margin | -52.73% | -73.04% | -45.99% | 8.09% | 6.04% | -1.81% |
| EBITDA | -7.14M | -5.05M | -3.86M | 3.53M | 2.46M | 722.89K |
| EBITDA Margin | -43.29% | -26.49% | -15.20% | 10.98% | 11.29% | 4.21% |
| D&A For EBITDA | 776.57K | 829.53K | 696.37K | 274.36K | 145.78K | 95.16K |
| EBIT | -7.91M | -5.88M | -4.56M | 3.26M | 2.31M | 627.73K |
| EBIT Margin | -48.00% | -30.85% | -17.93% | 10.12% | 10.62% | 3.65% |
| Effective Tax Rate | 38.43% | 37.35% | 29.56% | |||
| Advertising Expenses | 36.60K | 273.82K | 64.42K | 49.42K | 51.33K |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 60.28K | 265.24K | 840.10K | 1.40M | 358.89K | 395.03K |
| Cash & Short-Term Investments | 60.28K | 265.24K | 840.10K | 1.40M | 358.89K | 395.03K |
| Accounts Receivable | 8.63M | 7.08M | 503.65K | 539.72K | 525.64K | 54.33K |
| Other Receivables | 2.82M | 4.32M | 664.27K | 180.26K | 89.33K | |
| Receivables | 11.45M | 11.40M | 1.17M | 719.97K | 525.64K | 143.65K |
| Inventory | 2.02M | 2.33M | 6.40M | 5.36M | 3.84M | 4.61M |
| Prepaid Expenses | 1.80M | 1.77M | 761.49K | 503.89K | 135.07K | 55.86K |
| Other Current Assets | 753.78K | 1.04M | 4.83M | 144.76K | 647.75K | |
| Total Current Assets | 16.09M | 16.81M | 14.00M | 8.14M | 5.51M | 5.20M |
| Property, Plant & Equipment | 9.34M | 10.08M | 18.22M | 17.76M | 11.05M | 8.51M |
| Other Intangible Assets | 403.49K | 431.19K | 525.87K | 36.38K | ||
| Long-Term Deferred Tax Assets | 94.98K | 35.20K | 211.10K | 659.90K | ||
| Long-Term Deferred Charges | 502.20K | 75.82K | ||||
| Other Long-Term Assets | 329.87K | 2.17M | 865.03K | 2.51M | 424.94K | 294.26K |
| Total Assets | 26.16M | 29.49M | 33.71M | 28.98M | 17.26M | 14.66M |
| Accounts Payable | 1.09M | 433.19K | 1.27M | 1.18M | 1.01M | 1.08M |
| Accrued Expenses | 270.00K | 167.98K | 269.69K | 598.58K | 295.49K | 395.59K |
| Short-Term Debt | 3.94M | 3.94M | 5.19M | 92.23K | 332.48K | 2.83M |
| Current Portion of Long-Term Debt | 88.23K | 93.98K | 100.83K | 1.21M | 412.22K | |
| Current Portion of Leases | 1.40M | 1.51M | 2.62M | 2.85M | 1.84M | 1.31M |
| Current Income Taxes Payable | 366.16K | 151.93K | 1.53M | 959.46K | 734.43K | |
| Other Current Liabilities | 804.96K | 512.44K | 3.25M | 326.81K | 70.17K | 75.17K |
| Total Current Liabilities | 7.95M | 6.80M | 12.70M | 7.79M | 4.91M | 6.42M |
| Long-Term Debt | 1.92M | 1.95M | 2.07M | 412.82K | 873.23K | |
| Long-Term Leases | 2.78M | 3.30M | 9.11M | 13.99M | 8.98M | 7.12M |
| Total Liabilities | 12.65M | 12.05M | 23.87M | 22.19M | 14.76M | 13.54M |
| Common Stock | 16.32K | 16.32K | 2.46K | 44.00K | 220.00K | 2.00 |
| Additional Paid-In Capital | 27.83M | 27.83M | 10.99M | 2.58M | ||
| Retained Earnings | -14.09M | -10.15M | -895.51K | 4.40M | 2.50M | 1.12M |
| Comprehensive Income & Other | -247.25K | -247.25K | -261.06K | -233.83K | -220.00K | |
| Shareholders' Equity | 13.50M | 17.44M | 9.83M | 6.78M | 2.50M | 1.12M |
| Total Liabilities & Equity | 26.16M | 29.49M | 33.71M | 28.98M | 17.26M | 14.66M |
| Total Debt | 10.12M | 10.79M | 19.08M | 18.56M | 12.43M | 11.26M |
| Net Cash (Debt) | -10.06M | -10.52M | -18.24M | -17.15M | -12.07M | -10.86M |
| Net Cash Per Share | -7.04 | -9.52 | -75.68 | -77.97 | -54.89 | |
| Filing Date Shares Outstanding | 1.63M | 1.63M | 904.84K | 245.88K | 220.00K | |
| Total Common Shares Outstanding | 1.63M | 1.63M | 245.88K | 220.00K | 220.00K | |
| Working Capital | 8.14M | 10.01M | 1.30M | 341.39K | 594.15K | -1.22M |
| Book Value Per Share | 8.27 | 10.69 | 39.99 | 30.83 | 11.37 | |
| Tangible Book Value | 13.10M | 17.01M | 9.31M | 6.75M | 2.50M | 1.12M |
| Tangible Book Value Per Share | 8.02 | 10.42 | 37.85 | 30.66 | 11.37 | |
| Buildings | 3.66M | 3.66M | 3.66M | |||
| Machinery | 3.41M | 3.41M | 3.61M | 919.48K | 459.80K | 267.32K |
| Construction In Progress | 275.00K | |||||
| Leasehold Improvements | 254.06K | 254.06K | 683.60K | 976.87K | 575.13K | 261.03K |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -11.19M | -9.26M | -5.29M | 1.90M | 1.38M | 408.02K |
| Depreciation & Amortization | 2.30M | 2.76M | 5.78M | 2.55M | 2.05M | 1.00M |
| Loss (Gain) From Sale of Assets | -1.64M | -1.57M | 24.29K | 46.08K | ||
| Asset Writedown & Restructuring Costs | 558.06K | 558.06K | ||||
| Provision & Write-off of Bad Debts | 1.27M | 176.38K | 116.75K | |||
| Other Operating Activities | 474.94K | 435.91K | 694.20K | 638.26K | 600.18K | -204.01K |
| Change in Accounts Receivable | -7.84M | -6.84M | -80.68K | -14.08K | -471.32K | 161.41K |
| Change in Inventory | 2.07M | 1.94M | -2.74M | -1.98M | 615.39K | -2.13M |
| Change in Accounts Payable | 670.16K | -839.12K | 91.51K | 2.49M | -70.93K | 1.08M |
| Change in Income Taxes | 332.65K | 118.42K | -1.53M | 570.77K | 225.03K | 617.97K |
| Change in Other Net Operating Assets | 4.24M | -1.33M | -7.13M | -1.89M | -2.57M | -920.28K |
| Operating Cash Flow | -8.76M | -13.85M | -10.06M | 4.31M | 1.76M | 11.69K |
| Capital Expenditures | 64.81K | -74.61K | -1.63M | -1.70M | -442.92K | -323.54K |
| Sale of Property, Plant & Equipment | 13.13K | 13.13K | ||||
| Divestitures | -327.56K | -447.28K | -54.77K | |||
| Sale (Purchase) of Intangibles | -1.82M | -1.82M | -1.39M | -1.32M | ||
| Other Investing Activities | -24.05K | -161.56K | 180.26K | -180.26K | ||
| Investing Cash Flow | -2.09M | -2.49M | -2.90M | -3.20M | -442.92K | -323.54K |
| Long-Term Debt Issued | 1.96M | 7.37M | 1.09M | 1.50M | 534.54K | |
| Short-Term Debt Repaid | -92.23K | -290.25K | ||||
| Long-Term Debt Repaid | -3.13M | -3.66M | -789.37K | -2.77M | ||
| Total Debt Repaid | -2.53M | -3.13M | -3.75M | -1.08M | -2.77M | |
| Net Debt Issued (Repaid) | -2.49M | -1.17M | 3.61M | 15.38K | -1.27M | 534.54K |
| Issuance of Common Stock | 11.00M | 17.37M | 9.15M | 136.37K | ||
| Other Financing Activities | -516.49K | -282.40K | -201.38K | -75.82K | ||
| Financing Cash Flow | 8.51M | 15.69M | 12.49M | -49.63K | -1.35M | 534.54K |
| Foreign Exchange Rate Adjustments | -8.54K | 13.81K | -27.23K | -13.83K | ||
| Miscellaneous Cash Flow Adjustments | 68.67K | 61.55K | -61.55K | |||
| Net Cash Flow | -2.27M | -574.87K | -563.41K | 1.04M | -36.14K | 222.68K |
| Free Cash Flow | -8.69M | -13.92M | -11.69M | 2.61M | 1.31M | -311.86K |
| Free Cash Flow Margin | -52.73% | -73.04% | -45.99% | 8.09% | 6.04% | -1.81% |
| Free Cash Flow Per Share | -6.08 | -12.61 | -48.51 | 11.84 | 5.97 | |
| Levered Free Cash Flow | -6.44M | -10.84M | -5.62M | 1.20M | 2.70M | |
| Unlevered Free Cash Flow | -5.53M | -9.71M | -5.37M | 1.29M | 2.76M | |
| Cash Interest Paid | 1.40M | 1.81M | 405.62K | 152.05K | 100.34K | |
| Cash Income Tax Paid | 42.64K | 1.96M | 435.88K | 148.06K | 37.23K | |
| Change in Working Capital | -521.83K | -6.95M | -11.38M | -822.91K | -2.27M | -1.20M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.87M | 3.43M | 10.70M | |||
| Enterprise Value | 12.94M | 16.19M | 31.73M | |||
| Last Close Price | 1.73 | 2.10 | 43.50 | |||
| PS Ratio | 0.17 | 0.18 | 0.42 | |||
| PB Ratio | 0.21 | 0.20 | 1.09 | |||
| P/TBV Ratio | 0.22 | 0.20 | 1.15 | |||
| EV/Sales Ratio | 0.78 | 0.85 | 1.25 | |||
| Debt / Equity Ratio | 0.75 | 0.62 | 1.94 | 2.74 | 4.97 | 10.04 |
| Debt / EBITDA Ratio | 38.24 | 2.72 | 2.59 | 5.70 | ||
| Debt / FCF Ratio | 7.12 | 9.46 | ||||
| Net Debt / Equity Ratio | 0.74 | 0.60 | 1.85 | 2.53 | 4.83 | 9.68 |
| Net Debt / EBITDA Ratio | -1.41 | -2.08 | -4.72 | 4.85 | 4.91 | 15.03 |
| Net Debt / FCF Ratio | -1.16 | -0.76 | -1.56 | 6.58 | 9.19 | -34.84 |
| Asset Turnover | 0.55 | 0.60 | 0.81 | 1.39 | 1.36 | |
| Inventory Turnover | 3.46 | 3.30 | 2.55 | 4.15 | 3.19 | |
| Quick Ratio | 1.45 | 1.72 | 0.16 | 0.27 | 0.18 | 0.08 |
| Current Ratio | 2.02 | 2.47 | 1.10 | 1.04 | 1.12 | 0.81 |
| Return on Equity (ROE) | -82.25% | -67.88% | -63.69% | 40.84% | 76.12% | |
| Return on Assets (ROA) | -16.51% | -11.63% | -9.09% | 8.81% | 9.05% | |
| Return on Invested Capital (ROIC) | -30.71% | -20.99% | -17.54% | 10.43% | 10.91% | 3.69% |
| Return on Capital Employed (ROCE) | -43.50% | -25.90% | -21.70% | 15.40% | 18.70% | 7.60% |
| Earnings Yield | -444.64% | -270.06% | -49.47% | |||
| FCF Yield | -307.76% | -406.20% | -109.33% | |||
| Buyback Yield / Dilution | -432.82% | -358.20% | -9.57% |