ayro, inc. designs and manufactures light-duty, emissions-free electric vehicles for urban and community transport, local delivery, closed campus mobility, recreational, and government use. it offers ayro 311, a 3-wheeled vehicle for professional and personal use; club car 411 for low-speed logistics and cargo services for campus; and ayro 511 4ã4 concepts. the company was founded in 2017 and is based in round rock, texas.
Company profile
Ticker
AYRO
Exchange
Website
CEO
Michael Richardson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DropCar, Inc., PARAMOUNT SERVICES CORP, PHOENIX STAR VENTURES INC, WOWTOWN COM INC, WPCS INTERNATIONAL INC
SEC CIK
Corporate docs
Subsidiaries
DropCar Operating Company, Inc. ...
IRS number
980204758
AYRO stock data
Latest filings (excl ownership)
8-K
AYRO Reports Year-End 2023 Financial Results and Provides Corporate Update
9 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Departure of Directors or Certain Officers
7 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
9 Feb 24
8-K
Other Events
1 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
20 Dec 23
DEFA14A
Additional proxy soliciting materials
15 Dec 23
8-K
AYRO Names David Hollingsworth Interim President of AYRO’s Operating Division
15 Dec 23
424B3
Prospectus supplement
11 Dec 23
EFFECT
Notice of effectiveness
11 Dec 23
Transcripts
AYRO
Earnings call transcript
2023 Q3
21 Nov 23
AYRO
Earnings call transcript
2023 Q2
15 Aug 23
AYRO
Earnings call transcript
2023 Q1
9 May 23
AYRO
Earnings call transcript
2022 Q4
23 Mar 23
AYRO
Earnings call transcript
2022 Q3
3 Nov 22
AYRO
Earnings call transcript
2022 Q2
11 Aug 22
AYRO
Earnings call transcript
2022 Q1
2 May 22
AYRO
Earnings call transcript
2021 Q4
23 Mar 22
AYRO
Earnings call transcript
2021 Q2
11 Aug 21
AYRO
Earnings call transcript
2021 Q1
13 May 21
Latest ownership filings
SC 13G/A
Iroquois Capital Management, LLC
14 Feb 24
SC 13G
Iroquois Capital Management, LLC
12 Sep 23
SC 13G/A
ALPHA CAPITAL ANSTALT
15 Aug 23
SC 13G/A
ALPHA CAPITAL ANSTALT
4 Aug 23
4
Zvi Joseph
3 Aug 23
4
Joshua Silverman
3 Aug 23
4
SEBASTIAN GIORDANO
3 Aug 23
4
WAYNE REMELL WALKER
3 Aug 23
4
GEORGE DEVLIN
3 Aug 23
4
GREGORY T SCHIFFMAN
3 Aug 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.29 mm | 13.29 mm | 13.29 mm | 13.29 mm | 13.29 mm | 13.29 mm |
Cash burn (monthly) | 93.79 k | 2.18 mm | 2.08 mm | 2.10 mm | 2.14 mm | 2.26 mm |
Cash used (since last report) | 642.33 k | 14.92 mm | 14.25 mm | 14.41 mm | 14.63 mm | 15.45 mm |
Cash remaining | 12.65 mm | -1.63 mm | -957.46 k | -1.12 mm | -1.34 mm | -2.16 mm |
Runway (months of cash) | 134.8 | -0.7 | -0.5 | -0.5 | -0.6 | -1.0 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 24 |
Opened positions | 2 |
Closed positions | 16 |
Increased positions | 2 |
Reduced positions | 19 |
13F shares | Current |
---|---|
Total value | 621.95 mm |
Total shares | 9.43 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Iroquois Capital Management | 5.20 mm | $3.38 mm |
Alpha Capital Anstalt | 3.77 mm | $2.45 mm |
Brio Capital Master Fund | 179.19 k | $0.00 |
Vanguard | 131.33 k | $307.21 mm |
BLK Blackrock | 56.85 k | $132.99 mm |
Geode Capital Management | 36.46 k | $83.87 mm |
Camden Capital | 20.00 k | $9.76 mm |
Advisor | 11.28 k | $26.38 mm |
STT State Street | 10.99 k | $25.27 mm |
MS Morgan Stanley | 7.68 k | $17.96 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 23 | Joseph Zvi | Common Stock | Sell | Dispose S | No | No | 0.815 | 13,092 | 10.67 k | 200,953 |
1 Aug 23 | Schiffman Gregory T | Common Stock | Sell | Dispose S | No | No | 0.8153 | 7,274 | 5.93 k | 220,254 |
1 Aug 23 | Silverman Joshua | Common Stock | Sell | Dispose S | No | No | 0.8152 | 12,740 | 10.39 k | 395,493 |
1 Aug 23 | Giordano Sebastian | Common Stock | Sell | Dispose S | No | No | 0.8153 | 7,274 | 5.93 k | 226,234 |
1 Aug 23 | Wayne Remell Walker | Common Stock | Sell | Dispose S | No | No | 0.8153 | 7,274 | 5.93 k | 175,399 |