Based in Osceola, Arkansas, Envirotech Vehicles, Inc. supplies zero-emission electric vehicles throughout the United States. Additionally, the firm provides comprehensive upkeep and ...
Envirotech Vehicles, Inc. (EVTV) is a U.S.-based electric vehicle provider focused on zero-emission transportation solutions for commercial and institutional users. The company’s core offering combines (1) the supply of electric vehicles and (2) ongoing services—specifically vehicle upkeep and diagnostic inspection—aimed at keeping fleets operational, reducing downtime, and helping customers maintain ...Envirotech Vehicles, Inc. (EVTV) is a U.S.-based electric vehicle provider focused on zero-emission transportation solutions for commercial and institutional users. The company’s core offering combines (1) the supply of electric vehicles and (2) ongoing services—specifically vehicle upkeep and diagnostic inspection—aimed at keeping fleets operational, reducing downtime, and helping customers maintain compliance with safety and operational requirements.
From a business perspective, EVTV’s go-to-market targets organizations that run vehicles as part of daily operations rather than individual consumers. The company’s customer base includes commercial fleets and last-mile delivery providers, school districts, and a range of transportation entities—both public and private—as well as higher education institutions. This customer mix suggests EVTV’s value proposition is closely tied to uptime, serviceability, and support during the lifecycle of the vehicles.
On the product and services side, EVTV provides electric vehicles and wraps them with diagnostic and maintenance capabilities. While the dataset does not provide detailed bill-of-materials (BOM) or specific model breakdowns, the services component indicates an operating model that likely supports hardware integration, troubleshooting, preventive maintenance, and issue resolution, which can be especially important for fleets managing multiple vehicles and operating on tight schedules.
Regarding economics and cost structure, the supplied financial ratios (from the dataset) indicate the company has been experiencing negative margins and cash flow metrics on a trailing-twelve-month basis. For example, profitability-related margins and free-cash-flow-related measures are negative in the snapshot. This implies that—while revenue may exist—near-term profitability and cash generation have been challenging. Such conditions are common for companies that are in growth phases, investing in operations, fleet support, or scaling deployments.
Key people: the dataset lists Phillip W. Oldridge as CEO. The company’s history also references a prior name (ADOMANI, Inc.) before officially adopting Envirotech Vehicles, Inc. in May 2021, indicating corporate restructuring or rebranding during its evolution.
In terms of operations and scale, the company reports about 293 full-time employees (placing it in the 201–500 employee band). The company’s website is https://www.evtvusa.com, which aligns with the EVTV/Envirotech Vehicles business focus.
Forward-looking expectations (“wishes”): like many early-stage or growth-oriented vehicle and fleet-support businesses, the strategic priority would typically be improving fleet retention, expanding service capacity, strengthening unit economics, and improving cash flow generation through better operating leverage and tighter cost controls.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$5.9M
+217.6%
-100.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-39.1M
-342.2%
-66.5%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
-136.7%
-623.0%
—
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-425.6%
-0.5%
—
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-658.8%
-39.2%
—
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-5.8M
-46.5%
-76.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-97.1%
+53.9%
—
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
-11.7%
-163.7%
-41.6%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.26x
-82.5%
-58.7%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
