Arcimoto Inc Stock Research

Market Summary

USD1.39-0.04

Market Closed

-2.80%

FUV Stock Price

FUV RSI Chart

FUV Valuation

Market Cap

3.2M

Price/Earnings (Trailing)

-0.04

Price/Sales (Trailing)

0.64

EV/EBITDA

0.02

Price/Free Cashflow

-0.05

FUV Price/Sales (Trailing)

FUV Profitability

EBT Margin

-1274.45%

Return on Equity

-185.14%

Return on Assets

-107.24%

Free Cashflow Yield

-2.1K%

FUV Fundamentals

FUV Revenue

Revenue (TTM)

5.0M

Revenue Y/Y

35.11%

Revenue Q/Q

35.01%

FUV Earnings

Earnings (TTM)

-70.4M

Earnings Y/Y

-47.38%

Earnings Q/Q

2.53%

Price Action

52 Week Range

9.60

(Low)(High)

Last 7 days

-1.4%

Last 30 days

-21.0%

Last 90 days

-57.9%

Trailing 12 Months

-80.2%

FUV Financial Health

Current Ratio

1.28

FUV Investor Care

Shares Dilution (1Y)

21.41%

Peers (Alternatives to Arcimoto)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	617.9B	81.5B	-5.07%	-46.45%	49.21	7.58	51.35%	127.50%
GM	52.1B	156.7B	-6.88%	-19.87%	5.25	0.33	23.41%	-0.85%
F	49.4B	158.1B	1.82%	-22.33%	-22.96	0.31	15.93%	-112.02%
APTV	29.8B	17.5B	-5.49%	-10.04%	50.13	1.7	11.98%	0.68%
BWA	11.3B	15.8B	-4.12%	23.67%	11.96	0.71	6.49%	75.79%
MID-CAP
HOG	6.3B	5.8B	-21.60%	-6.61%	10.14	1.18	7.85%	14.06%
FOXF	5.0B	1.6B	0.28%	16.07%	24.26	3.11	23.36%	25.31%
THO	4.2B	13.9B	-13.64%	-4.40%	5.32	0.3	-6.39%	-14.11%
SMALL-CAP
WGO	1.7B	4.8B	-10.76%	2.40%	4.91	0.36	19.08%	8.38%
TEN	1.7B	18.6B	8.17%	58.15%	-7.03	0.09	1.85%	-200.42%
AXL	873.3M	5.8B	-13.41%	-4.87%	13.58	0.15	12.52%	989.83%
SRI	496.8M	899.9M	-23.69%	-10.93%	-24.3	0.55	16.80%	-255.49%
WKHS	225.2M	5.0M	-33.98%	-72.96%	-1.92	44.84	105.05%	70.78%
AYRO	20.2M	3.2M	-19.51%	-59.02%	-0.84	6.34	20.43%	20.10%
FUV	3.2M	5.0M	-21.02%	-80.20%	-0.04	0.64	17.40%	-129.43%

Financials for Arcimoto

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	11.9%	4,950,470	4,424,441	3,642,479	4,386,222	4,216,595
Gross Profit	-9.8%	-18,007,979	-16,403,304	-14,328,990	-12,762,726	-10,438,459
Operating Expenses	12.3%	52,071,671	46,348,482	42,598,375	38,878,844	24,306,796
S&GA Expenses	12.8%	11,780,830	10,442,706	8,961,901	6,999,999	5,772,869
R&D Expenses	30.9%	18,859,193	14,412,647	12,985,500	9,203,918	-
EBITDA	-13.1%	-59,356,639	-52,471,316	-39,560,385	-29,291,395	-
EBITDA Margin	-1.1%	-11.99	-11.86	-10.86	-6.68	-
Earnings Before Taxes	-13.0%	-63,091,198	-55,819,412	-43,613,268	-36,583,670	-
EBT Margin	-1.0%	-12.74	-12.62	-11.64	-7.26	-
Interest Expenses	11.4%	324,078	290,804	213,981	216,473	180,983
Net Income	-8.4%	-70,386,295	-64,932,455	-55,774,797	-47,563,751	-30,678,893
Net Income Margin	3.1%	-14.22	-14.68	-15.31	-10.84	-
Free Cahsflow	-10.0%	-66,690,302	-60,602,747	-65,461,399	-56,647,447	-

Balance Sheet					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	4.6%	65,637	62,732	57,282	64,399	83,457
Current Assets	5.2%	25,342	24,101	20,169	30,033	44,007
Cash Equivalents	-15.9%	4,218	5,013	5,228	16,971	32,978
Inventory	7.4%	12,290	11,440	8,987	7,856	6,320
Net PPE	7.4%	29,441	27,413	25,645	24,339	22,404
Goodwill	0%	6,824	6,824	-	-	-
Liabilities	41.2%	27,618	19,554	11,509	10,851	8,056
Current Liabilities	101.1%	19,780	9,838	8,344	8,614	5,968
Shareholder's Equity	-11.9%	38,019	43,178	45,773	53,548	75,401
Retained Earnings	-12.6%	-151,314	-134,350	-116,945	-103,992	-80,927
Additional Paid-In Capital	15.4%	12,145	10,528	8,435	7,038	6,071
Accumulated Depreciation	14.5%	5,672	4,953	4,278	3,646	-
Shares Outstanding	9.1%	2,278	2,089	1,911	1,882	1,876

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	-6.7%	-54.80	-51.38	-47.22	-39.29	-30.70
Share Based Compensation	4.1%	6.00	6.00	4.00	4.00	3.00
Cashflow From Investing	-28.9%	-11.88	-9.22	-18.23	-19.13	-18.37
Cashflow From Financing	39.8%	38.00	27.00	24.00	36.00	65.00

Risks for FUV

What is the probability of a big loss on FUV?

100%

Probability that Arcimoto stock will be more than 20% underwater in next one year

100%

Probability that Arcimoto stock will be more than 30% underwater in next one year.

91.9%

Probability that Arcimoto stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FUV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Arcimoto was unfortunately bought at previous high price.

Drawdowns

Returns for FUV

Cumulative Returns on FUV

-15.6%

5-Year Cumulative Returns

6.8%

3-Year Cumulative Returns

What are the long-term rolling returns for FUV?

FIve years rolling returns for Arcimoto.

Annualized Returns

Which funds bought or sold FUV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-23	ETF MANAGERS GROUP, LLC	sold off	-100	-143,000	-	-%
2023-03-06	Rockefeller Capital Management L.P.	sold off	-100	-	-	-%
2023-03-06	Rockefeller Capital Management L.P.	new	-	-	-	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	162	162	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	sold off	-100	-1,000	-	-%
2023-02-15	Capstone Financial Advisors, Inc.	sold off	-100	-21,000	-	-%
2023-02-15	JANE STREET GROUP, LLC	new	-	91,974	91,974	-%
2023-02-15	Virtu Financial LLC	sold off	-100	-99,000	-	-%
2023-02-14	STATE STREET CORP	sold off	-100	-126,000	-	-%
2023-02-14	Mariner, LLC	sold off	-100	-16,000	-	-%

Latest Funds Activity

Are funds buying FUV calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own FUV

No. of Funds

Arcimoto News

Schedule 13G FIlings of Arcimoto

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 10, 2023	invesco ltd.	0.0%	0	SC 13G/A
Feb 09, 2022	invesco ltd.	6.0%	2,271,384	SC 13G/A
Jun 24, 2021	wr hambrecht ventures iii, l.p.	1.0%	364,298	SC 13G/A
Mar 10, 2021	invesco ltd.	10.4%	3,568,010	SC 13G/A
Feb 16, 2021	invesco ltd.	8.1%	2,764,719	SC 13G
Feb 12, 2021	fod capital, llc	1.4%	470,001	SC 13G/A

FUV Fair Value

Arcimoto fair value in different scenarios

The table shows the Fair Value estimates for Arcimoto for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	4.24 205.04%	4.71 238.85%	6.45 364.03%	9.33 571.22%	15.05 982.73%
Current Inflation	4.20 202.16%	4.63 233.09%	6.16 343.17%	8.66 523.02%	13.58 876.98%
Very High Inflation	4.17 200.00%	4.54 226.62%	5.81 317.99%	7.86 465.47%	11.86 753.24%

Historical Arcimoto Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Arcimoto

View All Filings

Date Filed	Form Type	Document
Mar 01, 2023	8-K	Current Report
Feb 23, 2023	8-K	Current Report
Feb 22, 2023	8-K	Current Report
Feb 21, 2023	8-K	Current Report
Jan 31, 2023	4/A	Insider Trading
Jan 31, 2023	4/A	Insider Trading
Jan 31, 2023	4/A	Insider Trading
Jan 31, 2023	4/A	Insider Trading
Jan 31, 2023	4/A	Insider Trading
Jan 31, 2023	4/A	Insider Trading

Latest Insider Trading transactions for FUV

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2022-01-04	Campoli Douglas M	acquired	50,000	2.5	20,000	chief financial officer
2021-06-15	Russell Galileo	bought	1,936	12.91	150	-
2021-02-18	Campoli Douglas M	acquired	9,890	2.0605	4,800	chief financial officer
2021-01-21	Eisler Jesse Grant	sold	-204,848	20.4848	-10,000	-
2020-12-21	Eisler Jesse Grant	sold	-136,232	13.6232	-10,000	-
2020-11-23	Eisler Jesse Grant	sold	-167,567	16.7567	-10,000	-
2020-10-21	Eisler Jesse Grant	sold	-63,278	6.3278	-10,000	-
2020-10-12	Eisler Jesse Grant	sold	-70,000	7.00	-10,000	-
2020-08-27	Becker Terry L	sold	-116,873	6.3394	-18,436	chief operating officer

About Arcimoto

Mark D. Frohnmayer

www.arcimoto.com

250

Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) use for everyday consumer trips. The company also provides Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution to get goods where they need to go; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine. In addition, it offers TRiO, a bolt on kit that converts a two wheeled motorcycle into a tilting three wheeled motorcycle. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. Arcimoto, Inc. was incorporated in 2007 and is headquartered in Eugene, Oregon.

FUV Income Statement

2022-09-30

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue	$ 2,024,205	$ 1,498,176	$ 4,173,779	$ 3,609,531
Cost of goods sold	6,987,035	4,856,331	17,138,644	11,329,143
Gross loss	(4,962,830)	(3,358,155)	(12,964,865)	(7,719,612)
Operating expenses:
Research and development	6,521,379	3,186,469	14,144,395	8,256,980
Sales and marketing	3,321,862	1,983,738	9,318,647	4,537,816
General and administrative	4,099,354	3,061,607	10,583,968	8,071,795
Loss on asset disposal	12,408	0	12,408	0
Total operating expenses	13,955,003	8,231,814	34,059,418	20,866,591
Loss from operations	(18,917,833)	(11,589,969)	(47,024,283)	(28,586,203)
Other (income) expense:
Gain on forgiveness of PPP loan	0	0	0	(1,078,482)
Unrealized (gain)/loss on convertible note fair value	(2,122,828)	0	22,712	0
Interest expense	84,945	51,671	258,851	151,246
Other expense/(income)	83,749	(131,781)	12,553	(221,214)
Loss before income tax benefit	(16,963,699)	(11,509,859)	(47,318,399)	(27,437,753)
Income tax (expense) benefit	0	0	(3,200)	2,938,698
Net loss	$ (16,963,699)	$ (11,509,859)	$ (47,321,599)	$ (24,499,055)
Weighted average common shares - basic and diluted (in shares)	44,956,358	37,525,123	40,857,819	36,340,706
Net loss per common share - basic and diluted (in dollars per share)	$ (0.38)	$ (0.31)	$ (1.16)	$ (0.67)

FUV Balance Sheet

2022-09-30

Condensed Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 4,217,951	$ 16,971,320
Accounts receivable, net	332,119	127,860
Inventory	12,290,355	7,856,105
Prepaid inventory	3,110,391	2,637,688
Other current assets	5,391,558	2,440,322
Total current assets	25,342,374	30,033,295
Property and equipment, net	29,440,642	24,338,907
Intangible assets, net	9,256,391	9,885,680
Deferred offering costs	0	24,000
Operating lease right-of-use assets	1,477,776	0
Security deposits	119,673	117,468
Total assets	65,636,856	64,399,350
Current liabilities:
Accounts payable	2,708,556	2,016,283
Accrued liabilities	4,704,836	2,352,034
Customer deposits	1,048,434	817,137
Notes payable	0	2,039,367
Short-term convertible note	8,673,858	0
Warrant liabilities	366,852	0
Current portion of finance lease obligations	500,955	352,294
Current portion of equipment notes payable	414,877	493,160
Current portion of warranty reserve	451,397	331,485
Current portion of deferred revenue	219,908	111,166
Current portion of operating lease liabilities	690,682	0
Deferred rent	0	101,550
Total current liabilities	19,780,355	8,614,476
Finance lease obligations	934,482	712,511
Equipment notes	958,636	1,185,060
Convertible note	4,801,600
Warranty reserve	276,634	330,015
Operating lease liabilities	864,195	0
Long-term deferred revenue	2,250	9,000
Total long-term liabilities	7,837,797	2,236,586
Total liabilities	27,618,152	10,851,062
Commitments and contingencies (Note 12)
Stockholders’ equity:
Common Stock, no par value, 100,000,000 shares authorized; 45,560,514 and 37,643,591 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	177,188,124	150,502,566
Additional paid-in capital	12,144,581	7,038,124
Accumulated deficit	(151,314,001)	(103,992,402)
Total stockholders’ equity	38,018,704	53,548,288
Total liabilities and stockholders’ equity	$ 65,636,856	$ 64,399,350