Fly-E (FLYE)
Market Price (3/30/2026): $2.08 | Market Cap: $1.7 MilSector: Consumer Discretionary | Industry: Automobile Manufacturers
Fly-E (FLYE)
Market Price (3/30/2026): $2.08Market Cap: $1.7 MilSector: Consumer DiscretionaryIndustry: Automobile Manufacturers
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility, and Drone Technology. | Weak multi-year price returns2Y Excs Rtn is -121%, 3Y Excs Rtn is -161% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -29% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 754% | ||
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -34%, Rev Chg QQuarterly Revenue Change % is -43% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -43% | ||
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 743% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -462% | ||
| High stock price volatilityVol 12M is 1366% | ||
| Key risksFLYE key risks include [1] mounting legal liabilities and regulatory scrutiny from its product safety failures, Show more. |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility, and Drone Technology. |
| Weak multi-year price returns2Y Excs Rtn is -121%, 3Y Excs Rtn is -161% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -29% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 754% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -34%, Rev Chg QQuarterly Revenue Change % is -43% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -43% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 743% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -462% |
| High stock price volatilityVol 12M is 1366% |
| Key risksFLYE key risks include [1] mounting legal liabilities and regulatory scrutiny from its product safety failures, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Fly-E (FLYE) stock has lost about 55% since 11/30/2025 because of the following key factors:
1. Repeated Nasdaq Delinquency Notices and Reporting Failures.
Fly-E Group received two Nasdaq delinquency notices since November 30, 2025, indicating significant operational and governance issues. The first was on December 5, 2025, for not timely filing its Form 10-Q for the period ended September 30, 2025. A second notice was received on March 5, 2026, for failing to timely file its Form 10-Q for the period ended December 31, 2025, with a compliance plan deadline of April 28, 2026. These consistent failures to meet regulatory reporting obligations have likely eroded investor confidence.
2. Deteriorating Financial Performance and Revenue Decline.
The company reported a substantial decline in net revenues and continued losses. For the second quarter of fiscal year 2026 (ended September 30, 2025), net revenues decreased by 42.7% year-over-year to $3.9 million, and the company posted a net loss of $1.8 million with a basic/diluted loss per share of $2.18. The net revenues for the first half of fiscal year 2026 also fell by 37.2%, contributing to a net loss of $3.8 million.
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1. Repeated Nasdaq Delinquency Notices and Reporting Failures.
Fly-E Group received two Nasdaq delinquency notices since November 30, 2025, indicating significant operational and governance issues. The first was on December 5, 2025, for not timely filing its Form 10-Q for the period ended September 30, 2025. A second notice was received on March 5, 2026, for failing to timely file its Form 10-Q for the period ended December 31, 2025, with a compliance plan deadline of April 28, 2026. These consistent failures to meet regulatory reporting obligations have likely eroded investor confidence.
2. Deteriorating Financial Performance and Revenue Decline.
The company reported a substantial decline in net revenues and continued losses. For the second quarter of fiscal year 2026 (ended September 30, 2025), net revenues decreased by 42.7% year-over-year to $3.9 million, and the company posted a net loss of $1.8 million with a basic/diluted loss per share of $2.18. The net revenues for the first half of fiscal year 2026 also fell by 37.2%, contributing to a net loss of $3.8 million.
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Stock Movement Drivers
Fundamental Drivers
The -53.5% change in FLYE stock from 11/30/2025 to 3/29/2026 was primarily driven by a -58.9% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.48 | 2.08 | -53.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23 | 20 | -12.7% |
| P/S Multiple | 0.1 | 0.1 | 29.6% |
| Shares Outstanding (Mil) | 0 | 1 | -58.9% |
| Cumulative Contribution | -53.5% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| FLYE | -53.5% | |
| Market (SPY) | -5.3% | 2.3% |
| Sector (XLY) | -10.4% | 3.0% |
Fundamental Drivers
The -85.3% change in FLYE stock from 8/31/2025 to 3/29/2026 was primarily driven by a -58.9% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.13 | 2.08 | -85.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23 | 20 | -12.7% |
| P/S Multiple | 0.2 | 0.1 | -58.9% |
| Shares Outstanding (Mil) | 0 | 1 | -58.9% |
| Cumulative Contribution | -85.3% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| FLYE | -85.3% | |
| Market (SPY) | 0.6% | -13.5% |
| Sector (XLY) | -8.5% | -12.0% |
Fundamental Drivers
The -95.4% change in FLYE stock from 2/28/2025 to 3/29/2026 was primarily driven by a -78.1% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 45.10 | 2.08 | -95.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 29 | 20 | -30.1% |
| P/S Multiple | 0.4 | 0.1 | -78.1% |
| Shares Outstanding (Mil) | 0 | 1 | -69.8% |
| Cumulative Contribution | -95.4% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| FLYE | -95.4% | |
| Market (SPY) | 9.8% | -3.5% |
| Sector (XLY) | -1.3% | -4.6% |
Fundamental Drivers
nullnull
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| FLYE | ||
| Market (SPY) | 69.4% | -2.9% |
| Sector (XLY) | 49.0% | -3.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FLYE Return | - | - | - | -82% | -92% | -68% | -100% |
| Peers Return | -73% | -64% | 6% | -57% | -59% | -27% | -99% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| FLYE Win Rate | - | - | - | 43% | 42% | 33% | |
| Peers Win Rate | 29% | 25% | 47% | 34% | 33% | 25% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| FLYE Max Drawdown | - | - | - | -92% | -99% | -73% | |
| Peers Max Drawdown | -75% | -67% | -45% | -60% | -77% | -33% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: LVWR, WKHS, CENN, XOS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
FLYE has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.
| Event | XLY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -40.3% | -25.4% |
| % Gain to Breakeven | 67.4% | 34.1% |
| Time to Breakeven | 680 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -33.9% | -33.9% |
| % Gain to Breakeven | 51.3% | 51.3% |
| Time to Breakeven | 82 days | 148 days |
| 2018 Correction | ||
| % Loss | -21.9% | -19.8% |
| % Gain to Breakeven | 28.1% | 24.7% |
| Time to Breakeven | 105 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -60.1% | -56.8% |
| % Gain to Breakeven | 150.8% | 131.3% |
| Time to Breakeven | 779 days | 1,480 days |
Compare to LVWR, WKHS, CENN, XOS
In The Past
SPDR Select Sector Fund's stock fell -40.3% during the 2022 Inflation Shock from a high on 11/19/2021. A -40.3% loss requires a 67.4% gain to breakeven.
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About Fly-E (FLYE)
We are an electric vehicle (“EV”) company that is principally engaged in designing, installing and selling smart electric motorcycles (“E-motorcycles”), electric bikes (“E-bikes”), electric scooters (“E-scooters”) and related accessories under the brand “Fly E-Bike.” At Fly E-Bike, our commitment is to encourage people to incorporate eco-friendly transportation into their active lifestyles, ultimately contributing towards building a more environmentally friendly future. Fly E-Bike was established in 2018 with its first store opened in New York. Our business has grown rapidly since then and we are now one of the leading providers of E-bikes for food delivery workers in New York City. As of May 3, 2024, we have 39 retail stores, including 38 stores in the United States and one store in Canada. We plan to expand our presence in the United States and extend our business into South America and Europe in the future. We also sell our products through our online store at flyebike.com. We have a diversified product portfolio that is designed to satisfy the various demands of our customers and address different urban travel scenarios. Additionally, we aim to refresh our product offerings continuously to align with evolving market trends. As of May 3, 2024, we offered 21 E-motorcycle products, 21 E-bike products and 34 E-scooter products. We are currently developing the Fly E-Bike app, which is a management service mobile software for our EVs. We aim to design an app that will bring users a comprehensive intelligent experience to create a safer and more satisfying riding life. The development of the app is still in its preliminary stage. We have launched a testing version of the app, which is currently unavailable to our customers. We source a significant portion of our vehicle components from China and the United States, and then assemble them into our vehicles in a leased facility located in Brooklyn, New York. In the year ended March 31, 2023, we produced 2,039 E-motorcycles, 5,953 E-bikes and 2,279 E-scooters in this facility. For the year ended March 31, 2024, we produced 8,390 E-motorcycles, 7,638 E-bikes and 3,171 E-scooters at the same facility. In response to the increasing demand for our products, we are currently looking to lease a larger assembling facility to replace our current facility in the near future. Our principal executive office is located at 136-40 39th Avenue, Flushing, NY.
AI Analysis | Feedback
Here are 1-3 brief analogies for Fly-E:
- Fly-E is like a "Tesla for urban electric bikes and scooters," focusing on designing, selling directly through their own stores and online, and integrating an app for personal electric mobility.
- Think of Fly-E as the "Apple Store of electric urban transportation," with a network of retail locations and an online presence selling their branded electric bikes, scooters, and light motorcycles.
AI Analysis | Feedback
- Smart Electric Motorcycles (E-motorcycles): Electric two-wheeled vehicles designed for various urban travel scenarios.
- Electric Bikes (E-bikes): Bicycles equipped with an electric motor to assist with pedaling, widely used by food delivery workers.
- Electric Scooters (E-scooters): Compact electric vehicles designed for personal transportation.
- Related Accessories: Complementary items sold for their E-motorcycles, E-bikes, and E-scooters.
- Fly E-Bike App: A management service mobile software for their EVs, currently under development, aiming to provide a comprehensive intelligent user experience.
AI Analysis | Feedback
Fly-E (FLYE) primarily sells its products directly to individuals through its retail stores and online platform.
Its major customer categories include:
- Food Delivery Workers: Fly-E explicitly states it is "one of the leading providers of E-bikes for food delivery workers in New York City." This segment represents a significant portion of their customer base, relying on Fly-E products for their professional needs.
- General Urban Commuters and Individuals seeking eco-friendly transportation: Through its network of 39 retail stores and its online store, Fly-E caters to a broad base of individuals looking for electric E-motorcycles, E-bikes, and E-scooters for personal urban travel, commuting, and recreational use, aligning with the company's commitment to promoting eco-friendly transportation.
AI Analysis | Feedback
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Zhou Ou, Chief Executive Officer
Zhou Ou, also known as Andy Ou, is the Founder of Fly-E Group, Inc., which he established in 2018. He previously served as Chairman of the Board until February 2, 2026, and as Interim Chief Financial Officer from August 26, 2025, until September 17, 2025. Mr. Ou was driven by the significant demand for electric two-wheelers in New York City, leading to the early establishment of Fly-E Group. He holds a 35% ownership stake in the company.
Lisa Fan, Chief Financial Officer
Lisa Fan was appointed Chief Financial Officer and Executive Director on September 17, 2025. Prior to joining Fly-E Group, she worked as a financial consultant at Baizan Consulting Firm from May 2022 to May 2025, where her focus was on financial structuring and IPO readiness for private enterprises. From July 2019 to April 2022, Ms. Fan was the Director of Internal Audit at Souche Group, managing financial system reconstruction and internal control compliance. She holds a bachelor's degree from Zhejiang Institute of Finance and Economics and is a certified public accountant in China.
Leqi Dong, Independent Director
Leqi Dong was appointed as an independent director on September 17, 2025. He has served as a real estate bridge loan originator and fund manager at Golden Harbor Capital LLC since September 2018. Mr. Dong holds a bachelor's degree from Baruch College, Zicklin School of Business.
Dongperez Hua, Independent Director
Dongperez Hua was appointed as an independent director on October 31, 2025. His prior experience includes managing electric vehicles at Joyor Vehicles Co. and serving as a product director at Spinnr Tech Ltd.
AI Analysis | Feedback
Key Risks to Business
- Concentration of business in the New York City food delivery market. Fly-E has established itself as one of the leading providers of E-bikes for food delivery workers in New York City. This strong reliance on a specific market segment and geographic location exposes the company to significant risks if there are adverse changes in regulations affecting food delivery workers, increased competition within this niche, or a shift in the preferences or economic conditions of this customer base.
- Dependence on component sourcing from China. The company sources a significant portion of its vehicle components from China. This reliance on a single major country for components makes Fly-E vulnerable to geopolitical tensions, trade tariffs, supply chain disruptions, and fluctuations in manufacturing costs or availability in China.
- Intense and evolving competition in the electric vehicle market. Fly-E operates in the rapidly growing and highly competitive electric vehicle market, encompassing E-motorcycles, E-bikes, and E-scooters. The company's commitment to "refresh our product offerings continuously to align with evolving market trends" indicates the ongoing pressure from competitors and the need for constant innovation. Failure to keep pace with technological advancements, competitive pricing, or new market entrants could negatively impact its market share and profitability.
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The addressable markets for Fly-E's main products, which include electric motorcycles, electric bikes (e-bikes), and electric scooters (e-scooters), span across global, North American, and U.S. regional markets.
Electric Motorcycles
- Globally, the electric motorcycle market was estimated at USD 11.7 billion in 2024 and is projected to reach USD 16.9 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 3.4% from 2025 to 2035. Another estimate valued the global market at USD 26.53 billion in 2025, with a projection to reach USD 126.47 billion by 2034 at a CAGR of 18.89% from 2026 to 2034.
- In North America, the electric motorcycle market was valued at USD 4,210.76 million in 2025 and is projected to reach USD 19,846.02 million by 2034, demonstrating a CAGR of 18.74% during the period of 2026–2034.
Electric Bikes (E-bikes)
- The global electric e-bike market size was valued at USD 57.50 billion in 2025 and is projected to grow to USD 193.23 billion by 2034, exhibiting a CAGR of 14.40% during the forecast period.
- For North America, the electric bike market was valued at USD 3.60 billion in 2024 and is expected to reach USD 8.29 billion by 2032, with a CAGR of 11.00% during the forecast period. Another report estimates the North America e-bike market size at USD 4.11 billion in 2025, expected to reach USD 7.54 billion by 2029, with a CAGR of 16.41% from 2025 to 2029.
- Specifically in the U.S., the e-bike market size was valued at USD 3.78 billion in 2025 and is projected to reach USD 5.78 billion by 2031, growing at a CAGR of 7.32% during the forecast period.
Electric Scooters (E-scooters)
- Globally, the electric scooters market size was valued at USD 28.36 billion in 2024 and is anticipated to grow at a CAGR of 11.2% to reach USD 81.48 billion by 2034. Another source reported the global market size at USD 48.90 billion in 2025, projected to increase to approximately USD 364.24 billion by 2035, at a CAGR of 22.24% from 2026 to 2035.
- In North America, the electric scooter market was valued at USD 950 million in 2024 and is projected to grow from USD 1,132.4 million in 2025 to USD 4,615.41 million by 2033, at a CAGR of 19.2% during the forecast period. The market in North America is also projected to reach USD 13.07 billion by 2030, with a CAGR of 25.6% from 2023–2030.
- For the U.S., the e-scooter market is valued at USD 1.8 billion. Furthermore, the U.S. electric scooter market size is estimated to reach USD 1.6 billion by 2031, growing at a CAGR of 7.9% during the forecast period 2025-2031.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Fly-E (FLYE) over the next 2-3 years:
- Geographic Market Expansion: Fly-E plans to expand its presence within the United States and extend its business into new international markets, specifically South America and Europe in the future. This expansion into new regions is expected to significantly broaden its customer base and sales opportunities.
- Increased Production Capacity: In response to increasing demand for its products, Fly-E is actively seeking to lease a larger assembling facility. This move to enhance production capacity will enable the company to produce and sell a greater volume of E-motorcycles, E-bikes, and E-scooters, directly supporting higher revenue generation.
- Continuous Product Portfolio Refresh: The company aims to continuously refresh its product offerings to align with evolving market trends. By regularly introducing new and updated E-motorcycles, E-bikes, and E-scooters, Fly-E expects to maintain customer interest, attract new buyers, and drive repeat purchases, thereby contributing to sustained revenue growth.
- Expansion of Retail Footprint: As of May 3, 2024, Fly-E had 39 retail stores and plans to expand its presence further in the United States. Growing the number of physical retail locations increases the company's accessibility to customers and provides more points of sale, leading to a larger customer base and increased sales volume.
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Share Issuance
- Fly-E Group, Inc. completed an initial public offering (IPO) on June 7, 2024, issuing 2,250,000 shares of common stock at $4.00 per share, resulting in gross proceeds of $9.0 million.
- In June 2025, the company conducted a public offering of 28,595,553 shares of common stock and 57,191,106 warrants at $0.2428 per unit, expecting approximately $6.94 million in gross proceeds.
- To address Nasdaq listing requirements, Fly-E implemented a 1-for-5 reverse stock split in July 2025 and a 1-for-20 reverse stock split in November 2025, following a 1-for-110,000 stock split in April 2024.
Capital Expenditures
- For the second quarter of fiscal year 2026, Fly-E Group Inc. invested -$97,000 in capital expenditures.
- Over the last 12 months, capital expenditures totaled approximately -$102,899.
- The net proceeds from the June 2024 IPO were intended to fund the purchase of inventory, vehicle production costs, expansion of retail stores, and technology, research, and development initiatives. The company also plans to lease a larger assembly facility.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Fly-E Stock 5-Day Winning Spree: Stock Climbs 308% | 12/02/2025 | |
| Can Fly-E Stock Hold Up When Markets Turn? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to FLYE.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.68 |
| Mkt Cap | 0.0 |
| Rev LTM | 20 |
| Op Inc LTM | -38 |
| FCF LTM | -20 |
| FCF 3Y Avg | -42 |
| CFO LTM | -19 |
| CFO 3Y Avg | -37 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -16.9% |
| Rev Chg 3Y Avg | 25.3% |
| Rev Chg Q | -5.0% |
| QoQ Delta Rev Chg LTM | -1.2% |
| Op Mgn LTM | -168.5% |
| Op Mgn 3Y Avg | -215.7% |
| QoQ Delta Op Mgn LTM | -2.9% |
| CFO/Rev LTM | -103.8% |
| CFO/Rev 3Y Avg | -219.1% |
| FCF/Rev LTM | -108.4% |
| FCF/Rev 3Y Avg | -245.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.0 |
| P/S | 0.3 |
| P/EBIT | -0.3 |
| P/E | -0.2 |
| P/CFO | -0.2 |
| Total Yield | -458.0% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -102.6% |
| D/E | 3.1 |
| Net D/E | 2.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -17.8% |
| 3M Rtn | -50.4% |
| 6M Rtn | -78.6% |
| 12M Rtn | -86.8% |
| 3Y Rtn | -91.8% |
| 1M Excs Rtn | -13.0% |
| 3M Excs Rtn | -42.1% |
| 6M Excs Rtn | -74.9% |
| 12M Excs Rtn | -99.2% |
| 3Y Excs Rtn | -153.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 |
|---|---|---|---|
| Product revenues - retail Accounting Standards Codification (ASC 606) | 26 | ||
| Product revenues - wholesale Accounting Standards Codification (ASC 606) | 6 | ||
| Revenues - rental services Accounting Standards Codification (ASC 842) | 0 | ||
| Retail | 19 | ||
| Wholesale | 3 | ||
| Wholesale and retail | 17 | ||
| Total | 32 | 22 | 17 |
Price Behavior
Price Behavior
| Market Price | $2.08 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/06/2024 | |
| Distance from 52W High | -98.7% | |
| 50 Days | 200 Days | |
| DMA Price | $3.37 | $29.39 |
| DMA Trend | down | down |
| Distance from DMA | -38.2% | -92.9% |
| 3M | 1YR | |
| Volatility | 136.0% | 1,374.6% |
| Downside Capture | 1.94 | -0.44 |
| Upside Capture | -244.76 | -364.84 |
| Correlation (SPY) | 4.6% | -3.9% |
FLYE Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.16 | -0.62 | -4.79 | -27.07 | -2.75 | 4.13 |
| Up Beta | -6.33 | -6.37 | -3.38 | 3.87 | 3.65 | -2.00 |
| Down Beta | 1.67 | 5.25 | 6.95 | -44.29 | -3.17 | -6.77 |
| Up Capture | -659% | -416% | -454% | -219% | -57% | -7% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 6 | 13 | 21 | 47 | 118 | 189 |
| Down Capture | 619% | 234% | -646% | -5201% | -111% | 87% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 15 | 28 | 40 | 77 | 131 | 239 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FLYE | |
|---|---|---|---|---|
| FLYE | -95.6% | 1,366.4% | 0.96 | - |
| Sector ETF (XLY) | 4.6% | 23.6% | 0.13 | -5.2% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | -4.0% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | -5.9% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | -1.8% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 1.1% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | -11.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FLYE | |
|---|---|---|---|---|
| FLYE | -66.3% | 1,025.4% | 0.66 | - |
| Sector ETF (XLY) | 5.6% | 23.7% | 0.20 | -3.8% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | -2.9% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | -5.2% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | -0.7% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 0.9% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | -7.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FLYE | |
|---|---|---|---|---|
| FLYE | -41.9% | 1,025.4% | 0.66 | - |
| Sector ETF (XLY) | 11.6% | 21.9% | 0.49 | -3.8% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | -2.9% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | -5.2% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | -0.7% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 0.9% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | -7.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/16/2025 | 25.9% | 12.2% | 66.2% |
| 2/20/2025 | -4.8% | -7.0% | -2.4% |
| 11/20/2024 | -6.3% | -16.0% | -20.0% |
| 7/1/2024 | 6.6% | 11.3% | -82.3% |
| SUMMARY STATS | |||
| # Positive | 2 | 2 | 1 |
| # Negative | 2 | 2 | 3 |
| Median Positive | 16.2% | 11.7% | 66.2% |
| Median Negative | -5.6% | -11.5% | -20.0% |
| Max Positive | 25.9% | 12.2% | 66.2% |
| Max Negative | -6.3% | -16.0% | -82.3% |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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