more than 83% of canadian commuters drive alone in vehicles not ideally suited for this purpose. this results in roadway congestion, higher fuel costs, and increased air pollution. electra meccanica's solo is the ideal commuter car that fits perfectly into your busy lifestyle being both good for you and the planet. designed by a world-class development team, it’s modern aesthetics are matched by spirited performance and ultimate practicality. for more information about the solo, purchasing, investing, dealerships or scheduling a test drive, please get in touch at info@electrameccanica.com or by giving us a call at 1-604-428-7656 reserve yours now for only $250cad http://electrameccanica.com/reserve/ facebook: electrameccanica twitter: @electramecc instagram: electrameccanica
Company profile
Ticker
SOLO
Exchange
Website
CEO
Michael Paul Rivera
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1.Intermeccanica International Inc. • 2.EMV Automotive USA Inc. • 3.SOLO EV LLC • 4.ElectraMeccanica USA, LLC • 5.EMV Automotive Technology (Chongqing) Inc. ...
SOLO stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
10 Apr 24
EFFECT
Notice of effectiveness
10 Apr 24
15-12G
Securities registration termination
5 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Apr 24
POS AM
Prospectus update (post-effective amendment)
4 Apr 24
POS AM
Prospectus update (post-effective amendment)
4 Apr 24
8-K
Completion of Acquisition or Disposition of Assets
26 Mar 24
25-NSE
Exchange delisting
26 Mar 24
8-K
Submission of Matters to a Vote of Security Holders
20 Mar 24
10-K/A
2023 FY
Annual report (amended)
19 Mar 24
Latest ownership filings
4
Luisa Ingargiola
26 Mar 24
4
Steven Andrew Sanders
26 Mar 24
4
David John Shemmans
26 Mar 24
4
Michael Paul Richardson
26 Mar 24
4
Susan E Docherty
26 Mar 24
4
DIETMAR OSTERMANN
26 Mar 24
4
Stephen Eric Johnston
26 Mar 24
4
Fang Qiong Joanne Yan
26 Mar 24
4
Fang Qiong Joanne Yan
18 Mar 24
4
David John Shemmans
18 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 74.59 mm | 74.59 mm | 74.59 mm | 74.59 mm | 74.59 mm | |
Cash burn (monthly) | 5.49 mm | 5.02 mm | 6.27 mm | 9.34 mm | 699.69 k | |
Cash used (since last report) | 37.60 mm | 34.36 mm | 42.92 mm | 63.98 mm | 4.79 mm | |
Cash remaining | 36.99 mm | 40.23 mm | 31.66 mm | 10.61 mm | 69.79 mm | |
Runway (months of cash) | 6.7 | 8.0 | 5.1 | 1.1 | 99.7 |
Institutional ownership, Q3 2023
2.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 48 |
Opened positions | 7 |
Closed positions | 8 |
Increased positions | 6 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 972.17 mm |
Total shares | 2.87 mm |
Total puts | 220.20 k |
Total calls | 532.80 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Kroll Jerry | 1.33 mm | $3.37 mm |
Susquehanna International | 477.88 k | $313.01 mm |
Geode Capital Management | 157.53 k | $103.18 mm |
Vontobel Holding | 125.77 k | $82.38 mm |
MS Morgan Stanley | 121.98 k | $79.89 mm |
Citadel Advisors | 91.32 k | $59.81 mm |
STT State Street | 63.52 k | $41.60 mm |
Group One Trading | 60.25 k | $39.46 mm |
Advisor | 35.92 k | $23.52 mm |
Simplex Trading | 33.55 k | $21.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Mar 24 | Fang Qiong Joanne Yan | Common Stock | Sale back to company | Dispose D | No | No | 0 | 238,920 | 0.00 | 0 |
26 Mar 24 | Fang Qiong Joanne Yan | Common Stock | Option exercise | Acquire M | No | No | 0 | 163,920 | 0.00 | 238,920 |
26 Mar 24 | Fang Qiong Joanne Yan | Deferred Share Units Common Stock | Option exercise | Dispose M | No | No | 0 | 143,025 | 0.00 | 0 |
26 Mar 24 | Fang Qiong Joanne Yan | Deferred Share Units Common Stock | Option exercise | Dispose M | No | No | 0 | 9,531 | 0.00 | 0 |
26 Mar 24 | Fang Qiong Joanne Yan | Deferred Share Units Common Stock | Option exercise | Dispose M | No | No | 0 | 11,364 | 0.00 | 0 |
26 Mar 24 | Dietmar Ostermann | Common Stock | Sale back to company | Dispose D | No | No | 0 | 233,173 | 0.00 | 0 |
26 Mar 24 | Dietmar Ostermann | Common Stock | Option exercise | Acquire M | No | No | 0 | 233,173 | 0.00 | 233,173 |
26 Mar 24 | Dietmar Ostermann | Deferred Share Units Common Stock | Option exercise | Dispose M | No | No | 0 | 233,173 | 0.00 | 0 |
26 Mar 24 | Stephen Eric Johnston | Common Stock | Sale back to company | Dispose D | No | No | 0 | 300,000 | 0.00 | 0 |
26 Mar 24 | Stephen Eric Johnston | Common Stock | Option exercise | Acquire M | No | No | 0 | 300,000 | 0.00 | 300,000 |
Press releases
Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanica
26 Mar 24
ElectraMeccanica Vehicles Corp. Reports Results of Special Meeting of Shareholders
20 Mar 24
ElectraMeccanica Reminds Shareholders to Vote in Favour of the Proposed Combination With Xos and Provides Additional Disclosure
14 Mar 24
ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.
1 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates EGLE, DSKE, SOLO
27 Feb 24