ECD AUTO DESIGN WT 28 (ECDAW) Financials
Newest figures come from the 10-K for Q3 FY2025, filed Nov 20, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ECDAW SEC filings page.
ECD AUTO DESIGN WT 28 (ECDAW) reported $25.2M in revenue for fiscal year 2024, up 29.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Growth is being overwhelmed by operating losses, financing costs, and cash consumption rather than converted into a self-funding model.
From FY2023 to FY2024, revenue expanded while gross margin stayed near 23%, yet operating margin fell to-18.1% as selling, general, and administrative expense reached$9.1M . That combination points more to cost structure deterioration than a problem with gross economics alone.
The latest balance sheet combines
FY2024 operating cash flow of
Financial Health Signals
Scored against emerging companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of ECD AUTO DESIGN WT 28's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
ECD AUTO DESIGN WT 28 held $1.5M in cash, cash equivalents and investments at the end of fiscal year 2024, and its operations used $9.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and ECD AUTO DESIGN WT 28 scores 8/100 among other emerging companies.
ECD AUTO DESIGN WT 28 had 35M shares outstanding at the end of fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and ECD AUTO DESIGN WT 28 scores 18/100 among other emerging companies.
Not available for ECD AUTO DESIGN WT 28, and counted as zero in the overall score.
ECD AUTO DESIGN WT 28 reported revenue of $25.2M in fiscal year 2024, against $19.5M in fiscal year 2023. Revenue Progress ranks emerging companies on the three-year path of that line, and ECD AUTO DESIGN WT 28 scores 81/100 among other emerging companies.
Not available for ECD AUTO DESIGN WT 28, and counted as zero in the overall score.
ECD AUTO DESIGN WT 28's cash, cash equivalents and investments came to $1.5M at the end of fiscal year 2024, against $37.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and ECD AUTO DESIGN WT 28 scores 8/100 among other emerging companies.
ECD AUTO DESIGN WT 28 passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
ECD AUTO DESIGN WT 28 reported a net loss of $10.8M while operations used $9.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
ECD AUTO DESIGN WT 28 reported an operating loss of $4.5M against $3.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
ECD AUTO DESIGN WT 28 generated $5.8M in revenue in Q3 2025. This represents a decrease of 10.2% from the same quarter a year earlier. Against the prior quarter it is down 17.6%.
ECD AUTO DESIGN WT 28's EBITDA was -$5.1M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 724.7% from the same quarter a year earlier. Against the prior quarter it is down 95.7%.
ECD AUTO DESIGN WT 28 reported $2.2M in net income in Q3 2025. This represents an increase of 186.9% from the same quarter a year earlier. Against the prior quarter it is up 152.3%.
Cash & Balance Sheet
ECD AUTO DESIGN WT 28 held $158K in cash against $9.4M in long-term debt as of Q3 2025.
Not reported for Q3 2025.
Not reported for Q3 2025.
Margins & Returns
ECD AUTO DESIGN WT 28's gross margin was -28.9% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is down 60.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 48.7 percentage points.
ECD AUTO DESIGN WT 28's operating margin was -88.0% in Q3 2025, reflecting core business profitability. This is down 78.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 50.8 percentage points.
ECD AUTO DESIGN WT 28's net profit margin was 38.6% in Q3 2025, showing the share of revenue converted to profit. This is up 78.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 99.5 percentage points.
Not reported for Q3 2025.
Capital Allocation
None of these metrics is reported for Q3 2025.
ECDAW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K/A |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8M-10.2% | $7.0M | $6.4M-8.1% | N/A | $6.4M+30.0% | N/A | $7.0M+158.2% | $8.0M |
| Cost of Revenue | $7.5M+68.2% | $5.6M | $4.7M-14.8% | N/A | $4.4M+145.6% | N/A | $5.5M+127.4% | $8.1M |
| Gross Profit | -$1.7M-183.2% | $1.4M | $1.8M+15.7% | N/A | $2.0M+108.5% | N/A | $1.5M+401.7% | -$160K |
| SG&A Expenses | $3.2M+35.9% | $3.7M | $3.4M+58.3% | N/A | $2.4M+107.6% | N/A | $2.1M+62.8% | $1.6M |
| Operating Income | -$5.1M-693.7% | -$2.6M | -$2.0M-94.7% | N/A | -$641K-122.8% | N/A | -$1.0M+12.3% | -$84K |
| EBITDA | -$5.1M-724.7% | -$2.6M | -$1.9M-100.7% | N/A | -$614K-122.7% | N/A | -$961K+14.0% | -$28K |
| Interest Expense | $1.2M+24.6% | $1.6M | $1.1M0.0% | N/A | $939K | N/A | $1.1M | N/A |
| Income Tax | $0-100.0% | N/A | -$400K-175.1% | N/A | $315K+246.2% | -$10K-104.2% | $532K+112.3% | -$1.4M |
| Net Income | $2.2M+186.9% | -$4.3M | -$2.8M+3.8% | N/A | -$2.6M-975.9% | N/A | -$2.9M-829.4% | -$701K |
| EPS (Basic) | $1.56+151.5% | -$0.11-83.3% | -$0.08+11.1% | -$0.09-200.0% | -$3.03-30200.0% | -$0.06 | -$0.09-800.0% | -$0.03-133.3% |
| EPS (Diluted) | $0.60 | -$0.11-83.3% | -$0.08+11.1% | -$0.09-200.0% | -$3.03 | -$0.06 | -$0.09 | -$0.03 |
| Diluted Shares (Avg) | 5M | 37M+16.4% | 35M+10.8% | N/A | 847,560 | 32M | 32M | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
ECDAW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K/A |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.4M-38.9% | $14.4M+66859.7% | $16.9M-18.2% | $18.2M-22.1% | $20.4M+15.7% | $21K-99.9% | $20.6M+35.5% | $23.4M+37.8% |
| Current Assets | $6.6M-55.8% | $9.3M | $11.7M-25.0% | $12.9M-27.2% | $15.0M+15.3% | N/A | $15.7M+50.2% | $17.8M+43.1% |
| Cash & Equivalents | $158K-95.6% | $605K | $677K-87.8% | $1.5M-81.8% | $3.6M-30.7% | N/A | $5.6M+139.1% | $8.1M+131.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | N/A | $0 | $0 |
| Inventory | $3.8M-65.2% | $7.9M | $10.4M+7.9% | $11.2M+16.4% | $10.9M+47.1% | N/A | $9.7M+35.4% | $9.6M+23.3% |
| Accounts Receivable | $848K+4773.5% | $606K | $157K+118.6% | $45K-67.5% | $17K-84.7% | N/A | $72K-89.2% | $139K-77.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | N/A | $0 | $0 |
| Goodwill | $1.3M0.0% | $1.3M | $1.3M | $1.3M | $1.3M | N/A | N/A | N/A |
| Total Liabilities | $25.9M-28.2% | $37.5M+145.7% | $37.9M+11.5% | $37.2M+8.9% | $36.0M+46.3% | $15.3M-30.0% | $34.0M+55.2% | $34.1M+46.7% |
| Current Liabilities | $12.6M-31.9% | $16.1M | $17.3M-9.3% | $18.9M-4.2% | $18.6M-8.7% | N/A | $19.0M+9.0% | $19.7M+4.5% |
| Non-Current Liabilities | $13.2M-24.3% | $21.3M+479.1% | $20.7M+37.8% | $18.3M+26.7% | $17.5M+305.6% | -$5.6M-228.3% | $15.0M+235.5% | $14.4M+228.3% |
| Long-Term Debt | $9.4M | N/A | N/A | $14.1M | N/A | N/A | N/A | N/A |
| Total Equity | -$13.4M+14.2% | -$23.1M-51.8% | -$21.0M-57.2% | -$19.0M-76.1% | -$15.7M-123.1% | -$15.2M-127.3% | -$13.4M-100.0% | -$10.8M-70.5% |
| Retained Earnings | -$26.3M-44.4% | -$28.6M-82.3% | -$24.3M-78.2% | -$21.6M-99.9% | -$18.2M-159.8% | -$15.7M-133.7% | -$13.6M-103.7% | -$10.8M-70.5% |
ECDAW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K/A |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.7M+50.3% | -$1.2M | -$3.0M-19.2% | -$2.6M-160.9% | -$3.4M-1496.8% | N/A | -$2.6M-207.5% | -$983K-156.6% |
| Depreciation & Amortization | $26K-5.2% | $26K-20.4% | $25K-40.7% | N/A | $27K+125.6% | $32K+16.8% | $43K+56.6% | $65K |
| Stock-Based Compensation | N/A | N/A | $713K+506.6% | N/A | $100K | N/A | $118K | N/A |
| Capital Expenditures | N/A | N/A | N/A | $0-100.0% | $0-100.0% | $5K+272.9% | $19K+52.4% | $481K |
| Free Cash Flow | N/A | N/A | N/A | -$2.6M-75.1% | -$3.4M-1465.8% | N/A | -$2.6M-205.2% | -$1.5M |
| Investing Cash Flow | N/A | N/A | N/A | $0+100.0% | $0+100.0% | $2K+244.3% | -$19K+93.5% | -$201K |
| Financing Cash Flow | $1.3M-7.6% | $1.1M | $2.2M | $455K-89.0% | $1.4M-56.7% | N/A | N/A | $4.1M |
| Share Buybacks | N/A | N/A | N/A | -$82.5M | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
ECDAW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K/A |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -28.9%-60.1pp | 19.8% | 27.5%+5.6pp | N/A | 31.2%+11.7pp | N/A | 21.8%+10.6pp | -2.0% |
| Operating Margin | -88.0%-78.1pp | -37.3% | -30.4%-16.1pp | N/A | -10.0%-4.1pp | N/A | -14.4%+27.9pp | -1.1% |
| Net Margin | 38.6%+78.5pp | -60.9% | -42.8%-1.9pp | N/A | -39.9%-35.1pp | N/A | -40.9%-29.5pp | -8.8% |
| Return on Assets | 17.9%+30.5pp | -29.8% | -16.3%-2.4pp | N/A | -12.6%-11.2pp | N/A | -13.9%-11.8pp | -3.0% |
| Current Ratio | 0.53-0.3x | 0.58 | 0.68-0.1x | 0.68-0.2x | 0.81+0.2x | N/A | 0.82+0.2x | 0.90+0.2x |
| Asset Turnover | 0.46+0.1x | 0.49 | 0.380.0x | N/A | 0.320.0x | N/A | 0.34+0.2x | 0.34 |
| FCF Margin | N/A | N/A | N/A | N/A | -53.1%-48.7pp | N/A | -36.8%-5.7pp | -18.4% |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$19.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.68), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| ECD AUTO DESIGN WT 28 ECDAW | FY2024 | $25.2M | -$10.8M | -42.8% | N/A | 19/100 |
| NWTN Inc. Warrant NWTNW | FY2025 | $950K | N/A | N/A | N/A | — |
| ECD AUTOMOTIVE DESIGN NEW ECDA | FY2024 | $25.2M | -$10.8M | -42.8% | $333K | — |
| AYRO, Inc. AYRO | FY2025 | N/A | $21.1M | N/A | $4.5M | — |
| Cenntro Inc. CENN | FY2025 | $18.1M | -$73.0M | N/A | $10.7M | 39/100 |
Where ECD AUTO DESIGN WT 28 Ranks
Frequently Asked Questions
What is ECD AUTO DESIGN WT 28's annual revenue?
ECD AUTO DESIGN WT 28 (ECDAW) reported $25.2M in total revenue for fiscal year 2024. This represents a 29.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ECD AUTO DESIGN WT 28's revenue growing?
ECD AUTO DESIGN WT 28 (ECDAW) revenue grew by 29.1% year-over-year, from $19.5M to $25.2M in fiscal year 2024.
Is ECD AUTO DESIGN WT 28 profitable?
No, ECD AUTO DESIGN WT 28 (ECDAW) reported a net income of -$10.8M in fiscal year 2024, with a net profit margin of -42.8%.
What is ECD AUTO DESIGN WT 28's EBITDA?
ECD AUTO DESIGN WT 28 (ECDAW) had EBITDA of -$4.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does ECD AUTO DESIGN WT 28 have?
As of fiscal year 2024, ECD AUTO DESIGN WT 28 (ECDAW) had $1.5M in cash and equivalents against $14.1M in long-term debt.
What is ECD AUTO DESIGN WT 28's gross margin?
ECD AUTO DESIGN WT 28 (ECDAW) had a gross margin of 23.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is ECD AUTO DESIGN WT 28's operating margin?
ECD AUTO DESIGN WT 28 (ECDAW) had an operating margin of -18.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is ECD AUTO DESIGN WT 28's net profit margin?
ECD AUTO DESIGN WT 28 (ECDAW) had a net profit margin of -42.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is ECD AUTO DESIGN WT 28's free cash flow?
ECD AUTO DESIGN WT 28 (ECDAW) recorded an outflow of $9.8M in free cash flow during fiscal year 2024. This represents a -292.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ECD AUTO DESIGN WT 28's operating cash flow?
ECD AUTO DESIGN WT 28 (ECDAW) recorded an outflow of $9.8M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are ECD AUTO DESIGN WT 28's total assets?
ECD AUTO DESIGN WT 28 (ECDAW) had $18.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are ECD AUTO DESIGN WT 28's capital expenditures?
ECD AUTO DESIGN WT 28 (ECDAW) invested $24K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is ECD AUTO DESIGN WT 28's current ratio?
ECD AUTO DESIGN WT 28 (ECDAW) had a current ratio of 0.68 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is ECD AUTO DESIGN WT 28's return on assets (ROA)?
ECD AUTO DESIGN WT 28 (ECDAW) had a return on assets of -59.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
How does ECD AUTO DESIGN WT 28's liquidity compare with its operating cash outflow?
At the end of fiscal year 2024, ECD AUTO DESIGN WT 28 (ECDAW) held $1.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $9.8M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is ECD AUTO DESIGN WT 28's debt-to-equity ratio negative or not reported?
ECD AUTO DESIGN WT 28 (ECDAW) has negative shareholder equity of -$19.0M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is ECD AUTO DESIGN WT 28's Piotroski F-Score?
ECD AUTO DESIGN WT 28 (ECDAW) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ECD AUTO DESIGN WT 28's earnings high quality?
ECD AUTO DESIGN WT 28 (ECDAW) reported a net loss of $10.8M while operations used $9.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can ECD AUTO DESIGN WT 28 cover its interest payments?
ECD AUTO DESIGN WT 28 (ECDAW) reported an operating loss of $4.5M against $3.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is ECD AUTO DESIGN WT 28?
ECD AUTO DESIGN WT 28 (ECDAW) scores 19 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.