ECD Automotive Design, Inc. financial data

Symbol
ECDA, ECDAW on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
24 Shipyard Drive, Suite 102, Hingham, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
EF Hutton Acquisition Corp I (to 12/13/2023)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 88 % +66.2%
Quick Ratio 55.9 %
Debt-to-equity -336 % -96.2%
Return On Equity 31.3 % -4.86%
Return On Assets -13.3 % -427%
Operating Margin -1.73 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.6M shares +423%
Common Stock, Shares, Outstanding 32.1M shares +925%
Entity Public Float 43.8M USD
Common Stock, Value, Issued 3.21K USD +926%
Weighted Average Number of Shares Outstanding, Basic 5.05M shares +102%
Weighted Average Number of Shares Outstanding, Diluted 32M shares +33.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 25.7M USD +129%
Cost of Revenue 6.05M USD +129%
General and Administrative Expense 7.27M USD +104%
Operating Income (Loss) -445K USD +85.8%
Nonoperating Income (Expense) -2.54M USD -2023%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.98M USD -20.3%
Income Tax Expense (Benefit) -474K USD -104%
Net Income (Loss) Attributable to Parent -2.99M USD -65%
Earnings Per Share, Basic -0.03 USD/shares
Earnings Per Share, Diluted -0.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.66M USD
Accounts Receivable, after Allowance for Credit Loss, Current 105K USD
Inventory, Net 10.1M USD
Assets, Current 16.3M USD +10633%
Deferred Income Tax Assets, Net 515K USD
Property, Plant and Equipment, Net 608K USD
Operating Lease, Right-of-Use Asset 3.59M USD
Assets 21.7M USD -41.5%
Accounts Payable, Current 1.1M USD
Accrued Liabilities, Current 1.41M USD
Contract with Customer, Liability, Current 11.5M USD
Liabilities, Current 18.7M USD +439%
Operating Lease, Liability, Noncurrent 3.55M USD
Liabilities 33.8M USD +351%
Retained Earnings (Accumulated Deficit) -12.5M USD -91.7%
Stockholders' Equity Attributable to Parent -12.1M USD -82.3%
Liabilities and Equity 21.7M USD -41.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.51M USD -126%
Net Cash Provided by (Used in) Financing Activities -66.8K USD
Net Cash Provided by (Used in) Investing Activities -60.8K USD -389%
Common Stock, Shares Authorized 1B shares +900%
Common Stock, Shares, Issued 32.1M shares +925%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -309K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.66M USD +148%
Deferred Tax Assets, Valuation Allowance 864K USD +985%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.66M USD +5686%
Operating Lease, Liability 3.89M USD
Depreciation 34.6K USD +25.1%
Lessee, Operating Lease, Liability, to be Paid 5.16M USD
Property, Plant and Equipment, Gross 871K USD
Operating Lease, Liability, Current 334K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 536K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 575K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 532K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.27M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 492K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.27M USD
Operating Lease, Payments 139K USD +3.61%
Additional Paid in Capital 250K USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 784K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%