# Envirotech Vehicles Inc. (EVTV)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $13M  
**Price:** $1.69 (+0.60%)

> Envirotech Vehicles Inc. is a manufacturer and provider of purpose-built, zero-emission electric vehicles serving commercial and institutional customers in the United States. The company focuses on light- to heavy-duty applications, offering electric logistics vans, cutaway and right-hand-drive vans, urban trucks, school buses, electric forklifts, street sweepers, and other operational vehicles designed for fleet use. Envirotech Vehicles complements its vehicle portfolio with maintenance and safety inspection services, aiming to support the full lifecycle of its electric platforms for fleet operators. Its products are used by commercial and last-mile delivery fleets, school districts, public and private transportation service providers, and colleges and universities that seek to integrate zero-emission transportation into their operations. Headquartered in Houston, Texas, Envirotech Vehicles currently positions itself within the consumer cyclical sector and auto manufacturers industry, emphasizing practical, fleet-focused electrification solutions and specialized EV service capabilities for urban and regional mobility needs.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $6M | -$13M | -$39M | -$39M | — |
| 2024 | $2M | $488,803 | -$8M | -$9M | — |
| 2023 | $3M | $1M | -$13M | -$13M | — |
| 2022 | $5M | $2M | -$44M | -$44M | — |
| 2021 | $2M | $761,376 | -$8M | -$8M | — |
| 2020 | $88,735 | $15,175 | -$410,957 | -$279,521 | — |
| 2019 | $13M | $934,000 | -$5M | -$5M | — |
| 2018 | $5M | $133,000 | -$11M | -$11M | — |
| 2017 | $425,000 | -$54,000 | -$22M | -$22M | — |
| 2016 | $68,000 | $18,000 | -$10M | -$11M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5M | $14M | -$9M | $358,966 | $485,773 |
| 2024 | $33M | $12M | $21M | $2M | $3M |
| 2023 | $23M | $2M | $21M | $456,719 | $279,664 |
| 2022 | $33M | $1M | $32M | $3M | — |
| 2021 | $75M | $2M | $74M | $5M | — |
| 2020 | $2M | $3M | -$472,160 | $136,222 | — |
| 2019 | $10M | $7M | -$192,739 | $4M | — |
| 2018 | $11M | $3M | $8M | $4M | — |
| 2017 | $5M | $3M | $2M | $2M | $2M |
| 2016 | $3M | $6M | -$3M | $938,000 | $6M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$6M | $176,828 | -$6M |
| 2024 | -$4M | $430,333 | -$4M |
| 2023 | -$5M | $35,810 | -$5M |
| 2022 | -$7M | $168,583 | -$8M |
| 2021 | -$13M | $27,958 | -$13M |
| 2020 | $2M | $73,091 | $1M |
| 2019 | -$5M | $13,000 | -$5M |
| 2018 | -$5M | $79,000 | -$5M |
| 2017 | -$6M | $114,000 | -$6M |
| 2016 | -$3M | $411,000 | -$3M |
| 2015 | -$2M | $3,000 | -$2M |

Source: [CompaniesByCap](https://companiesbycap.com/company/EVTV)