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ECDAW

ECD Automotive Design, Inc.

ECDAW

ECD Automotive Design, Inc. • NASDAQ
$0.01 ▼ -1.87% (-0.00)
Market Cap $6.07 M
52w High $0.02
52w Low $0.01
Dividend Yield 0%
P/E 0
Volume 18.62K
Outstanding Shares 519.23M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $5.783M ▼ $3.42M ▼ $2.233M ▲ 38.609% ▲ $1.56 ▲ $5.341M ▲
Q2-2025 $7.016M ▲ $4.002M ▲ $-4.27M ▼ -60.866% ▼ $-4.59 ▼ $-2.139M ▼
Q1-2025 $6.421M ▲ $3.719M ▲ $-2.75M ▲ -42.828% ▲ $-3.11 ▲ $-1.268M ▲
Q4-2024 $5.282M ▼ $2.454M ▼ $-3.313M ▼ -62.722% ▼ $-3.71 ▼ $-1.831M ▼
Q3-2024 $6.44M $2.513M $-2.57M -39.907% $-3.03 $-825K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $157.682K ▼ $12.447M ▼ $25.885M ▼ $-13.439M ▲
Q2-2025 $605.305K ▼ $14.355M ▼ $37.486M ▼ $-23.13M ▼
Q1-2025 $677.473K ▼ $16.866M ▼ $37.91M ▲ $-21.044M ▼
Q4-2024 $1.477M ▼ $18.196M ▼ $37.173M ▲ $-18.977M ▼
Q3-2024 $3.592M $20.385M $36.043M $-15.658M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-73.25K ▲ $-1.699M ▼ $0 $1.25M ▲ $-447.623K ▼ $-1.699M ▼
Q2-2025 $-3.708M ▼ $-1.198M ▲ $0 $1.124M ▼ $-72.168K ▲ $-1.198M ▲
Q1-2025 $-2.75M ▲ $-3.045M ▼ $0 ▲ $2.25M ▲ $-799K ▲ $-3.045M ▼
Q4-2024 $-3.313M ▼ $-2.563M ▲ $-17.029M ▼ $455K ▼ $-2.115M ▼ $-2.563M ▲
Q3-2024 $-2.57M $-3.477M $29.644K $1.378M $-2.069M $-3.448M

Five-Year Company Overview

Income Statement

Income Statement Income is still very small and only gradually increasing, which is typical of an early-stage, highly specialized manufacturer. The company has begun to generate a bit of gross profit, but this has not yet translated into clear operating or net profitability. Recent results show a move into loss-making territory, suggesting rising costs, investments, or uneven project timing are outweighing revenues. Overall, the income statement reflects a business still in the build-out phase, with meaningful uncertainty around when it can achieve steady, predictable profits.

Balance Sheet

Balance Sheet The balance sheet is very light, with a small asset base and limited cash at hand. Debt has crept up while shareholder equity has turned negative, which signals a thin financial cushion and reliance on lenders or other external funding. This structure can work for a young, niche company but leaves less room for error if sales slow or costs overrun. The balance sheet picture underscores financial fragility and a need for careful capital management as the company scales.

Cash Flow

Cash Flow Cash flow from operations has been consistently negative in recent years, indicating that the core business is not yet funding itself. Capital spending appears modest, so the cash burn is mainly driven by operating needs—people, facilities, and the long, intensive build process. This means the company likely depends on outside capital to keep going and grow. Moving toward cash break-even will be a key milestone to reduce financial risk and improve stability.

Competitive Edge

Competitive Edge ECD sits in a narrow but attractive niche: high-end, bespoke restorations blending classic designs with modern performance and technology. Its specialization in Land Rover and Jaguar builds, a fully in-house process, and a long, highly customized build cycle create a distinctive brand and a degree of customer stickiness. At the same time, the market is small, luxury-focused, and cyclical, with strong boutique competitors in adjacent segments. Scale is limited, and each vehicle requires substantial time and craftsmanship, which supports exclusivity but makes rapid growth and cost leverage harder to achieve.

Innovation and R&D

Innovation and R&D The company emphasizes innovation more through product and process than through formal R&D spending. Its second-generation electric platform for classic vehicles, use of advanced 3D visualization tools, and integration of modern infotainment and safety tech into vintage cars all help differentiate its offering. Expansion into new models like Porsche 911s and partnerships such as the Chelsea Truck collaboration show a willingness to experiment and broaden its reach. The Bitcoin treasury element is unconventional and adds complexity, but its direct impact on the core restoration business is secondary to execution on the vehicle and platform roadmap.

Summary

Overall, ECD Automotive Design combines a compelling qualitative story—a strong brand in a passionate niche, clear product differentiation, and visible innovation—with a fragile financial profile typical of an early-stage, craft-oriented manufacturer. Revenue is small and not yet matched by sustainable profits or positive cash flow, while the balance sheet is thin and increasingly leveraged. The key questions going forward are whether the company can scale its bespoke model without diluting quality, expand into new segments successfully, and convert its innovation and partnerships into stable growth and self-funding operations. Until those pieces are clearer, the business remains high on potential but also high on execution and financial risk.