Electrameccanica Vehicles Corp.

Electrameccanica Vehicles Corp.verified

SOLO

Price:

$0.2122

Market Cap:

$25.36M

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.[Read more]

Industry

Auto - Manufacturers

IPO Date

2018-08-09

Stock Exchange

NASDAQ

Ticker

SOLO

The ROE as of November 2024 (TTM) for Electrameccanica Vehicles Corp. (SOLO) is -51.68%

According to Electrameccanica Vehicles Corp.’s latest financial reports and current stock price. The company's current ROE is -51.68%. This represents a change of 231.70% compared to the average of -15.58% of the last 4 quarters.

Electrameccanica Vehicles Corp. (SOLO) Historical ROE (quarterly & annually)

How has SOLO ROE performed in the past?

The mean historical ROE of Electrameccanica Vehicles Corp. over the last ten years is -14.90%. The current -51.68% ROE has changed 246.92% with respect to the historical average. Over the past ten years (40 quarters), SOLO's ROE was at its highest in in the June 2019 quarter at 11.70%. The ROE was at its lowest in in the December 2016 quarter at -137.16%.

Quarterly (TTM)
Annual

Average

-14.90%

Median

-78.81%

Minimum

-229.70%

Maximum

747.07%

Electrameccanica Vehicles Corp. (SOLO) ROE by Quarter and Year

Discovering the peaks and valleys of Electrameccanica Vehicles Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 471.57%

Maximum Annual ROE = 747.07%

Minimum Annual Increase = -130.75%

Minimum Annual ROE = -229.70%

Quarterly (TTM)
Annual
YearROEChange
2023-78.81%-18.88%
2022-97.15%471.57%
2021-17.00%-66.93%
2020-51.39%-68.30%
2019-162.13%269.96%
2018-43.82%-78.21%
2017-201.14%-12.43%
2016-229.70%-130.75%

Electrameccanica Vehicles Corp. (SOLO) Average ROE

How has SOLO ROE performed in the past?

The current ROE of Electrameccanica Vehicles Corp. (SOLO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-64.32%

5-year avg

-81.30%

10-year avg

-14.90%

Electrameccanica Vehicles Corp. (SOLO) ROE vs. Peers

How is SOLO’s ROE compared to its peers?

Electrameccanica Vehicles Corp.’s ROE is greater than GreenPower Motor Company Inc. (-203.11%), greater than Workhorse Group Inc. (-196.34%), greater than Cenntro Electric Group Limited (-37.20%), less than Volcon, Inc. (6.05%), greater than Lordstown Motors Corp. (-124.05%), greater than Canoo Inc. (-66.11%), less than Li Auto Inc. (16.20%), greater than Fisker Inc. (-288.74%), greater than Lucid Group, Inc. (-72.28%), greater than Rivian Automotive, Inc. (-73.83%), less than Polestar Automotive Holding UK PLC (351.18%), greater than Arrival (-213.58%), greater than Faraday Future Intelligent Electric Inc. (-173.23%), greater than Mullen Automotive, Inc. (-330.02%),

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