Fly-E Group, Inc.
Financial highlights
| Metric | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | $25.4M | $32.2M | $21.8M | — |
| Cost of revenue | $1.4M | $700,000 | $480,000 | — |
| Gross profit | $10.5M | $13.1M | $8.3M | — |
| Research and development | $549,368 | $292,724 | — | — |
| Operating expenses | $15.0M | $9.8M | $6.0M | — |
| Operating income | -$4.6M | $3.3M | $2.3M | — |
| Pretax income | -$5.0M | $3.1M | $2.2M | — |
| Income tax expense | $336,166 | $1.2M | $821,896 | — |
| Net income | -$5.3M | $1.9M | $1.4M | — |
| Balance Sheet | ||||
| Cash and equivalents | $840,102 | $1.4M | — | — |
| Current assets | $14.0M | $8.1M | $5.5M | — |
| Total assets | $33.7M | $29.0M | $17.3M | — |
| Current liabilities | $12.7M | $7.8M | $4.9M | — |
| Total liabilities | $23.9M | $22.2M | $14.8M | — |
| Stockholders' equity | $9.8M | $6.8M | $2.5M | $1.1M |
| Cash Flow Statement | ||||
| Cash from operations | -$10.1M | $4.3M | $1.8M | — |
| Depreciation and amortization | $631,280 | $272,708 | $145,783 | — |
| Capital expenditure | $1.6M | $1.3M | — | — |
| Free cash flow | -$11.7M | $3.1M | — | — |
| Impairments | — | $456,209 | $151,378 | — |
Shares outstanding 1.6M · Free float 95.3%
Annual filing data through FY ended March 31, 2025; float as of June 27, 2026.