State Ledger
Company profile

PHOENIX MOTOR INC. CIK 1879848

Ticker
PEVM (OTC)
Industry
Truck & Bus Bodies
Headquarters
Ontario, CA 91761
Fiscal year end
2024 (FY)
Key Financials
Revenue
$31.15M
Net income
$7.93M
Total assets
$57.58M
Total liabilities
$47.26M
Stockholders' equity
$10.32M
Cash & equivalents
$764.0K
Operating income
-$30.97M
Operating cash flow
-$1.95M
Capital expenditures
$113.0K

Fiscal year 2024, via 10-K filed 2025-05-30. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-99.4%
Net margin
25.5%
Free cash flow
-$2.06M
Free cash flow margin
-6.6%
Liabilities / assets
82.1%
Equity / assets
17.9%
CapEx / revenue
0.4%
Operating cash flow / net income
-0.25×

Derived from the fiscal year 2024 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2024 $31.15M $7.93M $57.58M $47.26M $10.32M
2023 $111.0K -$20.65M $11.64M $16.48M -$4.84M
2022 $168.0K -$12.71M $20.44M $8.16M $12.28M
2021 $2.98M -$14.61M $15.44M $5.21M $10.23M
Company Details
SIC code
3713
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-14
Financials filed via
Form 10-K
filed 2025-05-30

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Ontario, CA 91761
401 SOUTH DOUBLEDAY AVENUE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:20 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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