Forza X1 Inc
General ticker "FRZA" information:
- Sector: Consumer Discretionary
- Industry: Leisure Products
- Capitalization: $2.9M
Forza X1 Inc does not follow the US Stock Market performance with the rate: -41.5%.
Estimated limits based on current volatility of -0.3%: low 0.20$, high 0.20$
Factors to consider:
- Current price 27.0% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [0.27$, 0.85$]
- 2024-12-30 to 2025-12-30 estimated range: [0.21$, 0.64$]
Short-term FRZA quotes
Long-term FRZA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $0.00MM | $0.04MM |
| Operating Expenses | $0.38MM | $3.65MM | $6.63MM |
| Operating Income | $-0.38MM | $-3.65MM | $-6.59MM |
| Non-Operating Income | $-0.08MM | $0.02MM | $0.66MM |
| Interest Expense | $0.02MM | $0.00MM | $0.00MM |
| R&D Expense | $0.21MM | $0.96MM | $1.54MM |
| Income(Loss) | $-0.46MM | $-3.63MM | $-5.93MM |
| Taxes | $0.08MM | $0.00MM | $0.00MM |
| Profit(Loss) | $-0.53MM | $-3.63MM | $-5.93MM |
| Stockholders Equity | $1.54MM | $13.70MM | $16.02MM |
| Inventory | $0.00MM | $0.00MM | $0.49MM |
| Assets | $2.23MM | $14.22MM | $16.92MM |
| Operating Cash Flow | $-0.30MM | $-3.38MM | $-4.15MM |
| Capital expenditure | $0.43MM | $0.61MM | $2.80MM |
| Investing Cash Flow | $-0.43MM | $-0.61MM | $-5.73MM |
| Financing Cash Flow | $2.54MM | $14.95MM | $6.93MM |
| Earnings Per Share* | $-0.08 | $-0.35 | $-0.44 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.