EZGO Technologies Ltd.

EZGO Consumer Cyclical Recreational Vehicles

EZGO Technologies Ltd.’s revenue for fiscal 2025 (year ended September 2025) was $20.5 million, up 12.4% from fiscal 2024.

0.80 0.04 +5.26%
Market cap
$1.8M
P/E
0.0×
Fwd P/E
−10.5×
Dividend yield
—
F-score
4/9
Altman Z
−0.01
Beneish M
−2.06
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 83.12%

Capital & Financial Ratios $m

Size
Market Cap 1.75
Revenue ttm 36.37
Net income ttm (22.31)
Free cash flow ttm (25.61)
Net debt Q 6.66
Valuation
P/E 0.00
Forward P/E (10.50) (negative: loss-making)
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 3.07 (at or above 1.5: strong)
Debt / equity Q 0.14 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q −46.26% (below 0%: shrinking)
Operating income growth Q —
EPS, this year +52.70% (at or above 15%: strong)
EPS, next year A —
Revenue, next year A −25.71% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 18 6 1 1
Receivables 12 11 20 15
Inventory 1 1 0 2
Other 12 17 9 18
46 41 38 39
2023 2024 2025 Q'26
Payables 1 0 0 0
ST’ Debt — 1 2 2
Other 1 0 0 0
11 17 12 13

Compound Annual Growth %

10y 5y 3y
Sales — 6.09% 5.62%
Cash Flow — 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value — 31.12% 14.96%

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (5.73k)
’24 — — — — (10.48k)
’23 — — — — (22.18k)
’22 — — — — (70.95k)
’21 — — — — (41.62k)
’20 — — — — 2.83k
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 20
’24 — — — — 18
’23 — — — — 16
’22 — — — — 17
’21 — — — — 23
’20 — — — — 15
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (2)
’24 — — — — (10)
’23 — — — — (2)
’22 — — — — (10)
’21 — — — — (6)
’20 — — — — 4
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) — — — —
’25 1 — (4) — (4)
’24 (14) — (14) — (14)
’23 (8) — (12) — (7)
’22 (7) — (11) — (12)
’21 — — (13) — (17)
’20 1 — 3 — 2
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Mar ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 3 3 5 15 23 17 16 18 20 36 +26.2% — — — —
Gross margin, % — 47.74 47.74 61.22 10.10 1.63 1.26 7.16 9.31 6.52 (0.41) (41.2) pt
EBT — 1 (1) 3 0 (4) (7) (7) (7) (8) (15) n/m
EBT margin, % — 35.21 0.00 51.08 2.95 (16.21) (39.45) (44.70) (36.24) (40.82) (42.44) (76.0) pt
Net income — 0 0 2 0 (3) (7) (7) (6) (9) (22) n/m
Per share, $
Per share, $ Revenue — 0.00 0.41 99,890.38 293,140.38 327,256.82 190,909.27 52,048.84 26,220.25 13,657.40 0.00 n/m
Earnings — — 0.08 33,425.44 2,830.27 (41,618.80) (70,950.00) (22,176.00) (10,482.00) (5,731.34) (0.87) n/m
Cash flow — — 0.12 (51,965.38) 77,400.00 (87,415.66) (113,683.52) (6,184.12) (14,833.37) (1,471.33) 0.00 n/m
Capex — — (0.01) (56,536.54) (45,090.38) (150,441.45) (19,465.08) (16,313.59) (5,934.39) (1,383.73) 0.00 +492.5%
Free cash flow — — 0.12 (108,501.92) 32,309.62 (237,857.11) (133,148.60) (22,497.71) (20,767.76) (2,855.07) 0.00 n/m
Book value — 0.00 0.85 237,134.62 252,792.31 454,606.42 368,216.04 217,348.63 87,750.25 33,968.47 0.00 n/m
Shares, m — — 8 0 0 0 0 0 0 0 — (70.5%)
Valuation, ×
Valuation, × P/E — 78.74 78.74 78.74 78.74 0.00 0.00 0.00 0.00 0.00 0.00 35.0
P/S — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/B — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales — 0.00 0.00 0.00 0.00 0.00 (0.06) (0.33) 0.06 0.21 0.18 0.0
EV/FCF — 3.04 3.04 3.04 3.04 0.56 0.08 0.31 (0.04) (0.23) (0.26) 1.4
Cash, $m
Cash, $m Operating cash flow — — 1 (3) 4 (6) (10) (2) (10) (2) (18) n/m
Capex — — 0 (3) (2) (11) (2) (5) (4) (2) (8) +74.5%
Free cash flow — — 1 (6) 2 (17) (12) (7) (14) (4) (26) n/m
Balance, $m
Balance, $m Working capital — 3 2 10 10 18 19 35 25 26 26 +33.3%
Net debt — 0 0 (4) (2) (8) (2) (14) 2 8 7 n/m
Shareholders’ equity — 7 7 12 13 33 34 66 61 51 52 +29.1%
Returns, %
Returns, % ROA — 3.74 22.33 10.57 0.76 (9.64) (14.44) (10.48) (8.71) (11.26) 0.00 (15.0) pt
ROIC — 10.05 (8,567.10) 16.10 0.41 (9.86) (12.93) (5.66) (2.31) (3.59) 0.00 (13.6) pt
ROE — (529.44) 0.00 18.34 1.16 (13.04) (19.56) (13.56) (11.43) (15.53) 0.00 +513.9 pt
People
People Employees — — — 83 62 115 72 81 70 60 — (5.3%)
Revenue/emp, $m — 0.00 0.00 0.06 0.25 0.20 0.24 0.20 0.26 0.34 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jan 0001 · fundamentals updated 26 Oct 2026

EZGO Technologies Ltd. vs peers in Recreational Vehicles (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MBUU Malibu Boats, Inc. $468.5M 340× 13.3× +42.74% (above 0%: growing) +54.17% (above 0%: growing) +19.34% (above 0%: growing) 17.66% 3.16% Compare
LVWR LiveWire Group, Inc. $135.6M — (loss-making) — +55.20% (above 0%: growing) n/m +12.57% (above 0%: growing) (0.50%) (197.63%) Compare
EMPD Empery Digital Inc. $79.9M — (loss-making) — (loss-making) −57.94% (below 0%: shrinking) n/m +58.28% (above 0%: growing) (85.25%) (52,585.50%) Compare
MAMO Massimo Group $39.7M 9.5× — −21.13% (below 0%: shrinking) +1,478.95% (above 0%: growing) +164.77% (above 0%: growing) 48.81% 11.14% Compare
KNDI Kandi Technologies Group, Inc. $35.6M — (loss-making) — (loss-making) −16.71% (below 0%: shrinking) n/m −880.32% (below 0%: shrinking) 31.30% (22.47%) Compare
VEEE Twin Vee PowerCats, Co. $5.4M — (loss-making) 4.1× −34.22% (below 0%: shrinking) n/m −19.52% (below 0%: shrinking) (5.84%) (96.58%) Compare
VMAR Vision Marine Technologies Inc. $4.1M — (loss-making) — (loss-making) +8,619.13% (above 0%: growing) n/m +183.36% (above 0%: growing) 17.35% (29.11%) Compare
FUVV Arcimoto, Inc. $3.6M — (loss-making) — (loss-making) −45.15% (below 0%: shrinking) n/m +69.65% (above 0%: growing) (166.81%) (686.82%) Compare
EZGO EZGO Technologies Ltd. $1.8M — (loss-making) — (loss-making) −46.26% (below 0%: shrinking) −300.00% (below 0%: shrinking) +46.84% (above 0%: growing) 3.53% 0.00%
Median of peers $37.7M — — −18.92% — +38.81% 8.42% (62.84%)

All 18 Recreational Vehicles stocks →

EZGO Technologies Ltd. (EZGO) Latest News

17 Jan

Impact 4 · · PR Newswire

12 Sep

6 Sep

6 Jun

Impact 4 · · PR Newswire
stockrow.com/EZGO · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com