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AYRO Inc (AYRO)



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Upturn Advisory Summary
08/22/2025: AYRO (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -34.45% | Avg. Invested days 20 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 4.11M USD | Price to earnings Ratio - | 1Y Target Price 2.5 |
Price to earnings Ratio - | 1Y Target Price 2.5 | ||
Volume (30-day avg) - | Beta 3.46 | 52 Weeks Range 5.17 - 15.28 | Updated Date 06/29/2025 |
52 Weeks Range 5.17 - 15.28 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -12.16 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 50281.68% | Operating Margin (TTM) -266766.94% |
Management Effectiveness
Return on Assets (TTM) -28.26% | Return on Equity (TTM) 19.4% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -7374350 | Price to Sales(TTM) 757.1 |
Enterprise Value -7374350 | Price to Sales(TTM) 757.1 | ||
Enterprise Value to Revenue 2.77 | Enterprise Value to EBITDA 1.38 | Shares Outstanding 543216 | Shares Floating 528669 |
Shares Outstanding 543216 | Shares Floating 528669 | ||
Percent Insiders 21.92 | Percent Institutions 4.36 |
Upturn AI SWOT
AYRO Inc

Company Overview
History and Background
AYRO, Inc. (formerly DropCar, Inc.) was founded in 2017. The company focuses on designing and manufacturing compact, all-electric utility vehicles for last-mile delivery, micro-mobility, and closed-campus operations. It has evolved from initial concepts to production-ready vehicles with a focus on sustainability and efficiency.
Core Business Areas
- Electric Utility Vehicles: AYRO designs and manufactures electric low-speed vehicles (LSVs) for various applications. Their vehicles are suited for short-distance transportation and are used in campuses, urban environments, and last-mile delivery.
Leadership and Structure
AYRO is led by a management team with experience in the automotive and electric vehicle industries. The organizational structure includes departments for engineering, manufacturing, sales, and marketing.
Top Products and Market Share
Key Offerings
- AYRO Vanish: A purpose-built electric utility vehicle designed for last-mile delivery and service applications. There is no specific market share data available for this product and the product is new. The competitors for this product include Polaris and Club Car. Revenue for product unavailable.
Market Dynamics
Industry Overview
The electric vehicle market, particularly for light-duty and utility vehicles, is growing due to increasing environmental awareness and government incentives. There is a growing demand for electric vehicles in last-mile delivery and closed-campus transportation.
Positioning
AYRO is positioned as a manufacturer of specialized electric vehicles for niche applications. Their competitive advantage lies in their focus on compact, purpose-built vehicles tailored for specific needs.
Total Addressable Market (TAM)
The TAM for electric utility vehicles is estimated to be in the billions of dollars, growing in the future. AYRO has the opportunity to penetrate this market by providing customized solutions and focusing on specific customer segments.
Upturn SWOT Analysis
Strengths
- Specialized focus on electric utility vehicles
- Customization capabilities
- Growing market demand for EVs
- Strategic partnerships
Weaknesses
- Limited production capacity
- Reliance on external suppliers
- Lack of brand awareness
- Significant accumulated deficit
Opportunities
- Expansion into new markets
- Development of new vehicle models
- Strategic alliances with logistics companies
- Government incentives for EVs
Threats
- Competition from established automotive manufacturers
- Fluctuations in raw material prices
- Regulatory changes
- Economic downturns
Competitors and Market Share
Key Competitors
- Polaris Inc (PII)
- Club Car (privately held - Ingersoll Rand)
Competitive Landscape
AYRO faces significant competition from larger, more established manufacturers. AYRO's advantage lies in its focus on niche markets and customization options. However, it has a limited production capacity and brand recognition compared to competitors.
Growth Trajectory and Initiatives
Historical Growth: AYRO's historical growth has been marked by periods of rapid expansion and product development, offset by periods of financial uncertainty.
Future Projections: Analyst estimates suggest that AYRO has potential for revenue growth. However, profitability is not consistently forecasted. Future projections are highly variable.
Recent Initiatives: Recent initiatives include partnerships with manufacturing companies, new product launches, and expansion into new market segments.
Summary
AYRO Inc. is a manufacturer in the electric utility vehicle market which remains in its early stages. The company has struggled with profitability and revenue growth. However, its strategic focus on customization and niche markets provides opportunities. AYRO needs to improve its financial stability and manage operational challenges to succeed in a competitive landscape.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Market research reports
- Financial news sources
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial professional.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About AYRO Inc
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2018-01-30 | CEO - | ||
Sector Consumer Cyclical | Industry Auto Manufacturers | Full time employees - | Website https://www.ayro.com |
Full time employees - | Website https://www.ayro.com |
Ayro, Inc. designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. The company offers four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also provides vehicles as an alternative to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, cargo, and personal and group transport services; and AYRO Vanish and AYRO Valet fleet of low-speed electric vehicles. The company was formerly known as AEV Technologies, Inc. Ayro, Inc. was founded in 2017 and is headquartered in New York, New York.

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