Arcimoto Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.12
Dividend & YieldN/A$ (N/A)
Beta 2.28
Market capitalization 20.99M
Operating cash flow -54.8M
ESG Scores unknown

Company description

Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) use for everyday consumer trips. The company also provides Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution to get goods where they need to go; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine. In addition, it offers TRiO, a bolt on kit that converts a two wheeled motorcycle into a tilting three wheeled motorcycle. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. Arcimoto, Inc. was incorporated in 2007 and is headquartered in Eugene, Oregon.

Sector: Consumer Cyclical - Industry: Recreational Vehicles

Financial Ratios
Quick Ratio2.27
Working Capital-2.22
Return On Equity-0.89
Debt To Equity0.02
Fixed Asset Ratio0.18
Fixed Interest Cover-207.03

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 53.38k -223.86k 107.17k 1.98M
Total Cashflows From Investing Activities 4.49M -343.46k -2.9M -19.13M
Net Borrowings 2.74M 1.65M -1.86M -579.25k
Total Cash From Financing Activities 5.26M 15.56M 52.82M 35.94M
Change To Operating Activities 13.11k 1.19M -460.71k 1.64M
Issuance Of Stock 3.04M 15.63M 58.48M 37.67M
Net Income -11.05M -15.34M -18.12M -47.56M
Change In Cash -2.92M 929.47k 33.62M -22.48M
Effect Of Exchange Rate
Total Cash From Operating Activities -12.67M -14.29M -16.29M -39.29M
Depreciation 454.49k 710.4k 930.4k 2.35M
Change To Account Receivables 500 -244.45k 227.33k -110.74k
Other Cashflows From Financing Activities -526.01k -1.71M -3.8M -1.16M
Change To Netincome 534.62k 1.49M 1.92M 6.43M
Capital Expenditures -1.72M -343.46k -2.84M -17.36M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 3.81M 6.03M 3.01M 12.11M
Income Before Tax -11.05M -15.34M -18.12M -50.5M
Net Income -11.05M -15.34M -18.12M -47.56M
Selling General Administrative 7.17M 6.5M 8.33M 19.95M
Gross Profit -32.53k -1.92M -6.07M -12.76M
Ebit -11.02M -14.46M -17.42M -44.82M
Operating Income -11.02M -14.46M -17.42M -44.82M
Interest Expense -100.95k -891.55k -721.47k -216.47k
Income Tax Expense -2.93M
Total Revenue 95k 987.85k 2.18M 4.39M
Cost Of Revenue 127.53k 2.91M 8.25M 17.15M
Total Other Income ExpenseNet -29.24k -886.5k -704.61k -5.68M
Net Income From Continuing Ops -11.05M -15.34M -18.12M -47.56M
Net Income Applicable To Common Shares -11.05M -15.34M -18.12M -47.56M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 6.02M 8.84M 5.57M 10.85M
Total Stockholder Equity 8.07M 7.61M 47.68M 53.55M
Other Current Liabilities 454.62k 914.7k 894.36k 1.36M
Total Assets 14.08M 16.45M 53.25M 64.4M
Common Stock 30.1M 43.57M 100.24M 150.5M
Other Current Assets 458.57k 665.08k 900.83k 2.44M
Retained Earnings -22.97M -38.31M -56.43M -103.99M
Treasury Stock
Cash 4.9M 5.83M 39.45M 16.97M
Total Current Liabilities 4.48M 7.53M 2.91M 8.61M
Other Stockholder Equity
Property, Plant, and Equipment 5.81M 4.73M 6.65M 24.34M
Total Current Assets 8.23M 11.67M 46.5M 30.03M
Net Tangible Assets 8.07M 7.61M 47.68M 43.66M
Net Receivables 244.45k 17.12k 127.86k
Accounts Payable 717.15k 339.83k 205.13k 2.02M


Insider Transactions

Here are the insider transactions of stock shares related to Arcimoto Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
CAMPOLI DOUGLAS MConversion of Exercise of derivative security at price 2.50 per share.D2022-01-04Chief Financial Officer20k
RUSSELL GALILEOPurchase at price 12.91 per share.D2021-06-15Director150
RUSSELL GALILEOPurchase at price 12.91 per share.D2021-06-15Director150
RUSSELL GALILEOPurchase at price 12.91 per share.D2021-06-15Director150
CAMPOLI DOUGLAS MConversion of Exercise of derivative security at price 2.06 per share.D2021-02-18Chief Financial Officer4.8k
EISLER JESSE GRANTSale at price 20.48 per share.D2021-01-21Director10k
EISLER JESSE GRANTSale at price 13.62 per share.D2020-12-21Director10k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Arcimoto Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Arcimoto Inc

Here is the result of two systematic investment strategies applied to Arcimoto Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Arcimoto Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Arcimoto Inc:

Arcimoto Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 286.5% on the backtest period.

Performance at glance

Performance

286.5 %

Latent gain

5028.27 $

Invested capital

1755.07 $

Annualized return

69.88 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Arcimoto Inc

This is the result of two momentum investment strategies applied to Arcimoto Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Arcimoto Inc

The following chart shows all the entries opened by the momentum investment system on Arcimoto Inc:

Arcimoto Inc momentum entries
  • The first momentum investment strategy would give 322.33% of return on Arcimoto Inc. That represents 15291.97$ of latent gain with 4744.23$ of employed capital.
  • The second momentum investment strategy would give 339.92% of return on Arcimoto Inc. That represents 9382.27$ of latent gain with 2760.15$ of employed capital.
Performance at glance (1Q Momentum)

Performance

322.33 %

Latent gain

15291.97 $

Invested capital

4744.23 $

Annualized return

122.4 %
Performance at glance (2Q Momentum)

Performance

339.92 %

Latent gain

9382.27 $

Invested capital

2760.15 $

Annualized return

93.9 %

Momentum equity curve on Arcimoto Inc

The following chart shows the equity curve of the two momentum strategies applied to Arcimoto Inc:

Arcimoto Inc momentum equity

Note: the dividends potentially given by Arcimoto Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Arcimoto Inc

The following chart shows the employed capital evolution of the two momentum strategies on Arcimoto Inc since the beginning:

Arcimoto Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Arcimoto Inc

Buy the dip entry openings on Arcimoto Inc

Arcimoto Inc

The performance achieved by the robo-advisor on Arcimoto Inc is 257.03%. That represents 1929.04$ of latent gain with 750.5$ of employed capital. The following chart shows Arcimoto Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Arcimoto Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

257.03 %

Latent gain

1929.04 $

Invested capital

750.5 $

Annualized return

122.4 %

Equity curve of the strategy applied to Arcimoto Inc

The following chart shows the result of the investment strategy applied to Arcimoto Inc:

Arcimoto Inc

Note: the dividends potentially given by Arcimoto Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Arcimoto Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Arcimoto Inc:

Arcimoto Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Arcimoto Inc

In this section, I will compare the three previous investment strategies applied to Arcimoto Inc.

Equity curve comparison on Arcimoto Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Arcimoto Inc investment strategy comparison

Employed capital comparison on Arcimoto Inc

Arcimoto Inc investment comparison

Performance comparison on Arcimoto Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 286.5% 5028.27$ 1755.07$ 69.88%
Momentum 1 quarter 322.33% 15291.97$ 4744.23$ 83.51%
Momentum 2 quarters 339.92% 9382.27$ 2760.15$ 93.9%
Non-directional 257.03% 1929.04$ 750.5$ 122.4%
Annualized return comparison

Automatic investment

69.88 %

Momentum 1Q

93.9 %

Momentum 2Q

93.9 %

Non-directional

122.4 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Arcimoto Inc:

Note: The algorithm computes the probability of correlation between Arcimoto Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Arcimoto Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Arcimoto Inc
Country United States
City Eugene
Address 2034 West 2nd Avenue
Phone 541 683 6293
Website www.arcimoto.com
FullTime employees 325
Industry Recreational Vehicles
Sector Consumer Cyclical
Exchange XNAS
Ticker FUV
Market www.nasdaq.com

Arcimoto Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown