7 years of revenue, profit, cash flow and balance-sheet history through FY2024,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 72.8% per year over the past 5 years.
Operating margin has contracted, at -20.0% in the latest year.
Financial health
Total debt ($13M) exceeds cash ($3M); net debt is $10M.
Total debt has grown faster than revenue (244.6% vs 72.8% per year).
Operating income covered interest expense -45.1× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2024
$21M
-$7M
7.1%
-20.0%
—
$13M
$3M
2023
$16M
-$7M
7.2%
-30.1%
—
$5M
$17M
2022
$17M
-$6M
1.3%
-37.2%
—
$3M
$4M
2021
$23M
-$3M
1.6%
-16.6%
-$13M
—
$5M
2020
$15M
$276922
10.1%
0.5%
$2M
—
$322598
2019
$1M
$2M
82.0%
56.6%
-$4M
$27324
$4M
2018
$3M
$633749
47.7%
33.2%
$910377
—
$5570
Valuation over time
How the market has priced EZGO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 0.3× (Mar '23) to 0.2× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is EZGO growing its revenue and profit?
Over the past 5 years, EZGO Technologies Ltd.'s revenue has grown 72.8% per year. These are computed facts, not advice.
How much debt does EZGO have?
As of FY2024, EZGO Technologies Ltd. reported $13M of total debt against $3M of cash; operating income covered interest expense -45.1×.
What is EZGO's profit margin?
In FY2024, gross margin was 7.1%, operating margin -20.0%, and net margin -34.5%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.