Azio AI Inc (EVTV)Technology | Software - Infrastructure | Houston, United States |
USD
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Hot Take ↕ | Aug. 22, 2026, 6:21 a.m. UTC
The investment case here is fundamentally broken by a deteriorating business model and a precarious balance sheet. The company reports negative gross margins of nearly -178% and operating margins of -168%, indicating that every dollar of revenue is generating significant losses. This is compounded by a negative book value of -$0.63 per share and a return on equity of -58%, suggesting severe capital destruction. While the company recently completed a corporate rebrand and merger, the financial reality remains stark: debt significantly exceeds cash reserves, and the current ratio is a distressing 0.37, implying an inability to meet short-term obligations without further financing. There is no dividend to provide income, and the lack of historical price data prevents any assessment of long-term momentum or recovery. The recent price action shows a slight uptick, but given the structural deficits in profitability and liquidity, this appears to be speculative noise rather than a sign of sustainable value creation. |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Revenue per Share | 1.252 |
| Market Cap | 29,858,676 |
| Beta | 0.86 |
| Website | https://www.evtvusa.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.009330392 |
| Address1 | 7,510 Ardmore Street |
| All Time High | 3,662.0 |
| All Time Low | 0.3321 |
| Ask | 2.4 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 389,645 |
| Average Volume | 563,811 |
| Average Volume10Days | 389,645 |
| Beta | 0.861 |
| Bid | 1.45 |
| Bid Size | 200 |
| Book Value | -0.632 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Currency | USD |
| Current Price | 1.94 |
| Current Ratio | 0.37 |
| Date Short Interest | 1,782,777,600 |
| Day High | 2.03 |
| Day Low | 1.87 |
| Ebitda | -24,675,862 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -1.111 |
| Enterprise To Revenue | 3.608 |
| Enterprise Value | 27,409,810 |
| Exchange | NGM |
| Exchange Timezone Name | UTC |
| Fifty Day Average | 1.8853 |
| Fifty Two Week High | 5.07 |
| Fifty Two Week Low | 0.3321 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 1,784,295,000 |
| Float Shares | 12,549,004 |
| Forward Eps | 0.0 |
| Free Cashflow | 2,273,699 |
| Full Time Employees | 293 |
| Fullday Price | 1.94 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | -1.77784 |
| Gross Profits | -13,506,376 |
| Held Percent Insiders | 0.0248 |
| Held Percent Institutions | 0.02537 |
| Implied Shares Outstanding | 15,391,070 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,754,611,200 |
| Last Split Factor | 1:10 |
| Long Business Summary | Azio AI, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services. The company serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. Azio AI, Inc. was formerly known as Envirotech Vehicles, Inc. and changed its name to Azio AI, Inc. in July 2026. The company is headquartered in Houston, Texas. |
| Long Name | Azio AI Inc |
| Market Cap | 29,858,676 |
| Max Age | 86,400 |
| Message Board Id | finmb_699517198 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -29,077,528 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 22,047,154 |
| Open | 1.94 |
| Operating Cashflow | -4,712,135 |
| Operating Margins | -1.67705 |
| Payout Ratio | 0.0 |
| Phone | 870 970 3355 |
| Previous Close | 0.0 |
| Price Hint | 4 |
| Price To Sales Trailing12 Months | 3.9302926 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.197 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Regular Market Day High | 2.03 |
| Regular Market Day Low | 1.87 |
| Regular Market Open | 1.94 |
| Regular Market Previous Close | 0.0 |
| Regular Market Volume | 720,823 |
| Return On Assets | -0.88177 |
| Return On Equity | -58.478092 |
| Revenue Growth | 2.808 |
| Revenue Per Share | 1.252 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 15,391,070 |
| Shares Percent Shares Out | 0.0699 |
| Shares Short | 903,413 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 715,642 |
| Short Name | Azio AI Holdings, Inc. |
| Short Percent Of Float | 0.072 |
| Short Ratio | 1.61 |
| State | TX |
| Symbol | EVTV |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| Total Cash | 2,013,817 |
| Total Cash Per Share | 0.156 |
| Total Debt | 5,113,876 |
| Total Revenue | 7,597,062 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | NaN |
| Trailing Eps | -11.21 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 1.6454124 |
| Underlying Symbol | EVTV |
| Uuid | 6e431d22-5bf7-37e0-946f-48a35edc9d4f |
| Volume | 720,823 |
| Website | https://www.evtvusa.com |
| Zip | 77,054 |