FLYE
Fly-E Group, Inc.
Price Chart
No historical data available
Latest Quote
$1.36
| Previous Close | $1.69 |
| Open | $1.56 |
| Day High | $1.56 |
| Day Low | $1.36 |
| Volume | 21,473 |
Stock Information
| Shares Outstanding | 1.63M |
| Total Debt | $10.79M |
| Cash Equivalents | $265K |
| Revenue | $19.06M |
| Net Income | $-9.26M |
| Sector | Consumer Cyclical |
| Industry | Auto Manufacturers |
| Market Cap | $2.22M |
| EPS (TTM) | $-6.67 |
| Exchange | NCM |
Recent Price History
About Fly-E Group, Inc.
Fly-E Group, Inc., through its subsidiaries, designs, installs, and sells smart electric motorcycles and related accessories under the Fly E-Bike brand in the United States. The company offers e-mopeds, e-motorcycles, e-tricycles, and e-scooters; e-bikes, including city, foldable, standard; and traditional bikes. It also provides accessories and spare parts, such as raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, locks, and branded apparel; and upgrade components for wheels, shock absorbers, brake calipers, and carbon fiber body panels. In addition, the company offers after sales services, such as repair and bodywork; maintenance services, including exterior check, mechanical structure, motor system check, electrification, battery maintenance, tire pressure check, and cleaning services; and other value-added services, such as GPS add-on and installation, and theft reporting services. It sells its products to food delivery workers through distributors, and its retail and online stores. Fly-E Group, Inc. was founded in 2018 and is based in Flushing, New York.
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Income Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $14,404,283 | $14,976,266 | $19,099,120 | $13,485,405 |
| Cost Of Revenue | $14,404,283 | $14,976,266 | $19,099,120 | $13,485,405 |
| Total Revenue | $19,063,357 | $25,427,163 | $32,205,666 | $21,774,937 |
| Operating Revenue | $19,063,357 | $25,427,163 | $32,205,666 | $21,774,937 |
| Expenses | ||||
| Interest Expense | $1,806,085 | $405,615 | $152,050 | $100,387 |
| Total Expenses | $25,501,626 | $29,987,129 | $28,945,109 | $19,462,559 |
| Other Income Expense | $-684,775 | $10,588 | $-30,352 | $-11,524 |
| Other Non Operating Income Expenses | $-684,775 | $10,588 | $-30,352 | $-11,524 |
| Net Non Operating Interest Income Expense | $-1,806,085 | $-405,615 | $-152,050 | $-100,387 |
| Interest Expense Non Operating | $1,806,085 | $405,615 | $152,050 | $100,387 |
| Operating Expense | $11,097,343 | $15,010,863 | $9,845,989 | $5,977,154 |
| Selling And Marketing Expense | $3,478,740 | $7,403,374 | $5,914,786 | $3,667,227 |
| General And Administrative Expense | $7,618,603 | $7,607,489 | $3,931,203 | $2,309,927 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Net Interest Income | $-1,806,085 | $-405,615 | $-152,050 | $-100,387 |
| Normalized Income | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Net Income From Continuing And Discontinued Operation | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Total Operating Income As Reported | $-6,438,269 | $-4,559,966 | $3,260,557 | $2,312,378 |
| Net Income Common Stockholders | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Net Income | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Net Income Including Noncontrolling Interests | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Net Income Continuous Operations | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Pretax Income | $-8,929,129 | $-4,954,993 | $3,078,155 | $2,200,467 |
| Operating Income | $-6,438,269 | $-4,559,966 | $3,260,557 | $2,312,378 |
| Gross Profit | $4,659,074 | $10,450,897 | $13,106,546 | $8,289,532 |
| Per Share | ||||
| Diluted EPS | - | $-21.95 | $0.39 | $0.28 |
| Basic EPS | - | $-21.95 | $0.39 | $0.28 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-4,360,750 | $1,231,528 | $5,782,471 | $4,351,665 |
| Reconciled Depreciation | $2,762,294 | $5,780,906 | $2,552,266 | $2,050,811 |
| EBITDA (Bullshit earnings) | $-4,360,750 | $1,231,528 | $5,782,471 | $4,351,665 |
| EBIT | $-7,123,044 | $-4,549,378 | $3,230,205 | $2,300,854 |
| Diluted NI Availto Com Stockholders | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Tax Provision | $328,679 | $336,166 | $1,182,933 | $821,896 |
| Selling General And Administration | $11,097,343 | $15,010,863 | $9,845,989 | $5,977,154 |
| Other Gand A | $7,618,603 | $7,607,489 | $3,931,203 | $2,309,927 |
| Diluted Average Shares | - | $241,050 | $4,850,000 | $4,850,000 |
| Basic Average Shares | - | $241,050 | $4,850,000 | $4,850,000 |
Balance Sheet (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $15,211,211 | $9,170,887 | $5,466,438 | $2,500,429 |
| Total Assets | $29,493,092 | $33,706,675 | $28,976,334 | $17,264,811 |
| Total Non Current Assets | $12,682,594 | $19,706,159 | $20,840,126 | $11,758,702 |
| Non Current Prepaid Assets | $369,249 | $728,450 | $781,581 | $424,942 |
| Non Current Deferred Assets | $0 | $94,983 | $537,397 | $286,919 |
| Non Current Deferred Taxes Assets | $0 | $94,983 | $35,199 | $211,100 |
| Goodwill And Other Intangible Assets | $2,231,193 | $662,445 | $1,315,384 | $0 |
| Other Intangible Assets | $2,231,193 | $662,445 | $1,315,384 | - |
| Current Assets | $16,810,498 | $14,000,516 | $8,136,208 | $5,506,109 |
| Assets Held For Sale Current | $0 | $2,462,502 | $0 | - |
| Prepaid Assets | $2,810,546 | $3,012,719 | $588,660 | $782,819 |
| Inventory | $2,334,484 | $6,397,274 | $5,364,060 | $3,838,754 |
| Receivables | $11,400,232 | $1,287,919 | $779,974 | $525,642 |
| Other Receivables | $4,157,050 | $664,267 | $240,256 | - |
| Accounts Receivable | $7,081,622 | $503,652 | $539,718 | $525,642 |
| Allowance For Doubtful Accounts Receivable | $-217,479 | $-116,746 | - | - |
| Gross Accounts Receivable | $7,299,101 | $620,398 | - | - |
| Cash Cash Equivalents And Short Term Investments | $265,236 | $840,102 | $1,403,514 | $358,894 |
| Cash And Cash Equivalents | $265,236 | $840,102 | $1,403,514 | $358,894 |
| Cash Financial | $265,236 | $840,102 | $1,403,514 | $358,894 |
| Debt | ||||
| Net Debt | $5,710,244 | $6,516,831 | $222,545 | $926,558 |
| Total Debt | $10,785,145 | $19,081,623 | $18,465,682 | $12,101,382 |
| Long Term Debt And Capital Lease Obligation | $5,247,767 | $11,171,968 | $14,399,696 | $9,852,421 |
| Long Term Debt | $1,945,442 | $2,065,040 | $412,817 | $873,228 |
| Current Debt And Capital Lease Obligation | $5,537,378 | $7,909,655 | $4,065,986 | $2,248,961 |
| Current Debt | $4,030,038 | $5,291,893 | $1,213,242 | $412,224 |
| Other Current Borrowings | $4,030,038 | $5,291,893 | $1,213,242 | $412,224 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $12,050,688 | $23,873,343 | $22,194,512 | $14,764,382 |
| Total Non Current Liabilities Net Minority Interest | $5,247,767 | $11,171,968 | $14,399,696 | $9,852,421 |
| Current Liabilities | $6,802,921 | $12,701,375 | $7,794,816 | $4,911,961 |
| Current Deferred Liabilities | $461,023 | $77,144 | $74,099 | $36,396 |
| Payables And Accrued Expenses | $804,520 | $2,562,129 | $3,654,731 | $2,626,604 |
| Interest Payable | $0 | $0 | - | - |
| Payables | $610,383 | $1,385,906 | $3,048,667 | $2,453,027 |
| Total Tax Payable | $177,195 | $113,601 | $1,775,642 | $1,115,145 |
| Accounts Payable | $433,188 | $1,272,305 | $1,180,796 | $1,005,401 |
| Other Current Liabilities | - | $2,152,447 | - | - |
| Other Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $17,442,404 | $9,833,332 | $6,781,822 | $2,500,429 |
| Total Equity Gross Minority Interest | $17,442,404 | $9,833,332 | $6,781,822 | $2,500,429 |
| Stockholders Equity | $17,442,404 | $9,833,332 | $6,781,822 | $2,500,429 |
| Other Equity Interest | $-219,998 | $-219,998 | $-219,998 | $-219,998 |
| Gains Losses Not Affecting Retained Earnings | $-27,247 | $-41,059 | $-13,829 | $0 |
| Other Equity Adjustments | $-27,247 | $-41,059 | $-13,829 | - |
| Retained Earnings | $-10,153,318 | $-895,510 | $4,395,649 | $2,500,427 |
| Other | ||||
| Ordinary Shares Number | $1,632,386 | $4,917,500 | $4,850,000 | $4,850,000 |
| Share Issued | $1,632,386 | $4,917,500 | $4,850,000 | $4,850,000 |
| Tangible Book Value | $15,211,211 | $9,170,887 | $5,466,438 | $2,500,429 |
| Invested Capital | $23,417,884 | $17,190,265 | $8,407,881 | $3,785,881 |
| Working Capital | $10,007,577 | $1,299,141 | $341,392 | $594,148 |
| Capital Lease Obligations | $4,809,665 | $11,724,690 | $16,839,623 | $10,815,930 |
| Total Capitalization | $19,387,846 | $11,898,372 | $7,194,639 | $3,373,657 |
| Additional Paid In Capital | $27,826,643 | $10,987,440 | $2,576,000 | $0 |
| Capital Stock | $16,324 | $2,459 | $44,000 | $220,000 |
| Common Stock | $16,324 | $2,459 | $44,000 | $220,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $3,302,325 | $9,106,928 | $13,986,879 | $8,979,193 |
| Current Deferred Revenue | $412,023 | $28,144 | $25,099 | $36,396 |
| Current Capital Lease Obligation | $1,507,340 | $2,617,762 | $2,852,744 | $1,836,737 |
| Current Accrued Expenses | $194,137 | $1,176,223 | $606,064 | $173,577 |
| Net PPE | $10,082,152 | $18,220,281 | $18,205,764 | $11,046,841 |
| Accumulated Depreciation | $-1,721,115 | $-863,557 | $-416,330 | $-249,651 |
| Gross PPE | $11,803,267 | $19,083,838 | $18,622,094 | $11,296,492 |
| Leases | $254,065 | $683,595 | $976,870 | $575,134 |
| Other Properties | $4,289,237 | $10,933,068 | $16,000,742 | $10,261,556 |
| Machinery Furniture Equipment | $3,596,750 | $3,803,960 | $919,482 | $459,802 |
| Buildings And Improvements | $3,663,215 | $3,663,215 | $0 | - |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-859,193 | $-1,107,569 | $-514,021 | $-431,363 |
| Other Inventories | $215,551 | $1,867,365 | $1,546,283 | - |
| Finished Goods | $892,143 | $3,070,224 | $2,634,643 | $2,485,573 |
| Raw Materials | $2,085,983 | $2,567,254 | $1,697,155 | $1,784,544 |
| Duefrom Related Parties Current | $161,560 | $120,000 | $240,256 | $0 |
| Dueto Related Parties Current | - | $0 | $92,229 | $332,481 |
| Construction In Progress | - | $0 | $725,000 | $0 |
Cash Flow Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-15,740,000 | $-13,086,220 | $1,288,333 | $1,314,224 |
| Operating Activities | ||||
| Operating Cash Flow | $-13,849,914 | $-10,059,466 | $4,308,920 | $1,757,139 |
| Cash Flow From Continuing Operating Activities | $-13,849,914 | $-10,059,466 | $4,308,920 | $1,757,139 |
| Operating Gains Losses | $-1,574,381 | $24,291 | $46,084 | - |
| Investing Activities | ||||
| Capital Expenditure | $-1,890,086 | $-3,026,754 | $-3,020,587 | $-442,915 |
| Investing Cash Flow | $-2,485,792 | $-2,901,272 | $-3,200,843 | $-442,915 |
| Cash Flow From Continuing Investing Activities | $-2,485,792 | $-2,901,272 | $-3,200,843 | $-442,915 |
| Net Other Investing Changes | $-161,560 | $180,256 | $-180,256 | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $17,369,558 | $9,154,500 | $136,370 | $0 |
| Financing Cash Flow | $15,685,480 | $12,486,104 | $-49,628 | $-1,350,364 |
| Cash Flow From Continuing Financing Activities | $15,685,480 | $12,486,104 | $-49,628 | $-1,350,364 |
| Net Other Financing Charges | $-516,490 | $-374,632 | $-491,631 | $-2,572,142 |
| Net Common Stock Issuance | $17,369,558 | $9,154,500 | $136,370 | $0 |
| Common Stock Issuance | $17,369,558 | $9,154,500 | $136,370 | $0 |
| Other | ||||
| Repayment Of Debt | $-3,127,434 | $-3,661,559 | $-789,367 | $-278,222 |
| Issuance Of Debt | $1,959,846 | $7,367,795 | $1,095,000 | $1,500,000 |
| Interest Paid Supplemental Data | $1,806,085 | $405,615 | $152,050 | $100,341 |
| Income Tax Paid Supplemental Data | $42,640 | $1,957,867 | $435,881 | $148,064 |
| End Cash Position | $265,236 | $840,102 | $1,403,514 | $358,894 |
| Other Cash Adjustment Outside Changein Cash | $61,548 | $-61,548 | $0 | - |
| Beginning Cash Position | $840,102 | $1,403,514 | $358,894 | $395,034 |
| Effect Of Exchange Rate Changes | $13,812 | $-27,230 | $-13,829 | $0 |
| Changes In Cash | $-650,226 | $-474,634 | $1,058,449 | $-36,140 |
| Net Issuance Payments Of Debt | $-1,167,588 | $3,706,236 | $305,633 | $1,221,778 |
| Net Long Term Debt Issuance | $-1,167,588 | $3,706,236 | $305,633 | $1,221,778 |
| Long Term Debt Payments | $-3,127,434 | $-3,661,559 | $-789,367 | $-278,222 |
| Long Term Debt Issuance | $1,959,846 | $7,367,795 | $1,095,000 | $1,500,000 |
| Net Business Purchase And Sale | $-447,279 | $-54,774 | $0 | - |
| Purchase Of Business | $-447,279 | $-54,774 | $0 | - |
| Net Intangibles Purchase And Sale | $-1,815,477 | $-1,392,580 | $-1,317,032 | $0 |
| Purchase Of Intangibles | $-1,815,477 | $-1,392,580 | $-1,317,032 | $0 |
| Net PPE Purchase And Sale | $-61,476 | $-1,634,174 | $-1,703,555 | $-442,915 |
| Sale Of PPE | $13,133 | $0 | - | - |
| Purchase Of PPE | $-74,609 | $-1,634,174 | $-1,703,555 | $-442,915 |
| Change In Working Capital | $-6,950,368 | $-11,384,446 | $-822,911 | $-2,272,421 |
| Change In Other Current Liabilities | $-1,674,854 | $-4,771,518 | $-1,933,760 | $-1,697,190 |
| Change In Payables And Accrued Expense | $-1,193,345 | $-973,498 | $3,394,520 | $49,002 |
| Change In Accrued Expense | $-472,645 | $460,364 | $334,726 | $-105,097 |
| Change In Payable | $-720,700 | $-1,433,862 | $3,059,794 | $154,099 |
| Change In Account Payable | $-839,117 | $91,509 | $2,489,025 | $-70,928 |
| Change In Tax Payable | $118,417 | $-1,525,371 | $570,769 | $225,027 |
| Change In Income Tax Payable | $118,417 | $-1,525,371 | $570,769 | $225,027 |
| Change In Prepaid Assets | $815,453 | $-2,822,509 | $-288,080 | $-768,310 |
| Change In Inventory | $1,940,751 | $-2,736,241 | $-1,981,515 | $615,394 |
| Change In Receivables | $-6,838,373 | $-80,680 | $-14,076 | $-471,317 |
| Changes In Account Receivables | $-6,838,373 | $-80,680 | $-14,076 | $-471,317 |
| Provisionand Write Offof Assets | $654,398 | $987,335 | $456,209 | $151,378 |
| Asset Impairment Charge | $558,063 | $0 | - | - |
| Deferred Tax | $-42,112 | $-64,829 | $176,093 | $448,800 |
| Deferred Income Tax | $-42,112 | $-64,829 | $176,093 | $448,800 |
| Depreciation Amortization Depletion | $2,762,294 | $5,780,906 | $2,552,266 | $2,050,811 |
| Depreciation And Amortization | $2,762,294 | $5,780,906 | $2,552,266 | $2,050,811 |
| Amortization Cash Flow | $110,149 | $65,091 | $1,648 | $0 |
| Amortization Of Intangibles | $110,149 | $65,091 | $1,648 | $0 |
| Depreciation | $2,652,145 | $5,715,815 | $2,550,618 | $2,050,811 |
| Gain Loss On Sale Of PPE | $13,058 | $108,593 | $46,084 | $0 |
| Gain Loss On Sale Of Business | $-1,587,439 | $-84,302 | $0 | - |
| Net Income From Continuing Operations | $-9,257,808 | $-5,291,159 | $1,895,222 | $1,378,571 |
| Other Non Cash Items | - | $-111,564 | $5,957 | - |