SVMH
SVMH
SRIVARU Holding Limited Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2024 | $5.38K ▲ | $7.68M ▲ | $-7.8M ▼ | -145.13K% ▼ | $-0.35 ▼ | $-7.79M ▼ |
| Q2-2024 | $0 | $1.09M ▲ | $-424.23K ▼ | 0% | $-0.01 ▼ | $-252.7K ▼ |
| Q1-2024 | $0 | $585.23K ▼ | $426.72K ▲ | 0% | $0.01 ▲ | $662.51K ▲ |
| Q4-2023 | $0 | $938.32K ▲ | $-76.35K ▼ | 0% | $-0 ▼ | $160.65K ▼ |
| Q3-2023 | $0 | $226.33K | $467K | 0% | $0.01 | $638.64K |
What's going well?
The company finally started generating some revenue this quarter, showing early signs of commercial activity. No debt or interest expense means less financial risk from borrowing.
What's concerning?
Expenses have skyrocketed while sales remain tiny, causing losses to balloon. The business is burning cash quickly and losing far more than it brings in, with no sign yet of cost control or meaningful sales growth.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2024 | $188.99K ▼ | $1.59M ▼ | $1.69M ▼ | $-38.29K ▲ |
| Q2-2024 | $263.24K ▲ | $61.5M ▼ | $64.41M ▲ | $-2.91M ▼ |
| Q1-2024 | $27.08K ▼ | $106.5M ▲ | $5.67M ▲ | $100.83M ▲ |
| Q4-2023 | $35.79K ▼ | $711.38K ▼ | $1.22M ▼ | $-491.58K ▼ |
| Q3-2023 | $467.76K | $104.5M | $4.02M | $100.48M |
What's financially strong about this company?
Debt has been reduced sharply, and the company has no goodwill or intangible assets, so asset quality is solid. Some improvement in negative equity.
What are the financial risks or weaknesses?
Cash is falling, equity is still negative, and payables are extremely high, suggesting the company is delaying payments to survive. Retained losses are massive.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2024 | $-7.8M ▼ | $-1.16M ▼ | $-92.69K ▼ | $-223.78K ▲ | $175.04K ▼ | $-1.24M ▼ |
| Q2-2024 | $-424.23K ▼ | $-323.67K ▲ | $45.99M ▲ | $-45.43M ▼ | $236.16K ▲ | $-323.67K ▲ |
| Q1-2024 | $426.72K ▲ | $-439.1K ▲ | $-614.33K ▼ | $666.33K ▲ | $-387.1K ▼ | $-439.1K ▲ |
| Q4-2023 | $-76.35K ▼ | $-465.62K ▼ | $415K ▲ | $-2.96K ▲ | $-53.58K ▲ | $-465.62K ▼ |
| Q3-2023 | $467K | $-78.52K | $0 | $-5.83K | $-84.36K | $-78.52K |
What's strong about this company's cash flow?
Non-cash losses make up most of the reported net loss, so actual cash burn is less than it appears on paper. No new debt or dilution this quarter.
What are the cash flow concerns?
Cash burn is rising sharply, inventory is building up, and the company has very little cash left. Without new funding, it may soon run out of money.
5-Year Trend Analysis
A comprehensive look at SRIVARU Holding Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.
SVMH’s core strengths include a clearly differentiated premium electric motorcycle offering, patented chassis and safety features, leadership with relevant EV experience, and a capital-light dealer expansion model. On the financial side, it has recently improved liquidity, boosted cash reserves, and reduced debt, buying time to pursue its strategy. The planned product pipeline across motorcycles and scooters provides multiple avenues for future growth if execution improves.
Key risks center on financial sustainability and commercial execution. Revenues are small and declining, gross margins are negative, and losses are widening, leading to negative equity and growing accumulated deficits. The business burns significant cash and depends on continued access to external financing, primarily equity. In the marketplace, SVMH faces intense competition, must overcome low brand awareness, and needs to quickly scale its dealer and service network in a price-sensitive environment—any misstep could further delay the path to scale and profitability.
The outlook is highly uncertain and execution-dependent. If SVMH can successfully roll out its expanded product lineup, rapidly build a wider dealer network, and convert its technological story into sustained sales growth, there is room for operational leverage and eventual margin improvement. Conversely, if revenue continues to stagnate or decline while costs remain high and funding becomes harder to secure, the current losses and balance sheet weaknesses could become increasingly difficult to manage. The company sits at an inflection point where strategic progress and financial discipline over the next few years will largely determine its longer-term trajectory.
About SRIVARU Holding Limited Ordinary Shares
https://srivarumotors.comSRIVARU Holding Ltd focuses to revolutionize two-wheeled vehicles (TWV) by developing products powered by renewable energy, which are assured for safety, performance, and comfort, thereby providing safe riding experience to its customers. It operates in one reportable segment which is vehicle manufacturing. SVH’s first product line, the Prana, is a E2W vehicle that is redefining the category.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2024 | $5.38K ▲ | $7.68M ▲ | $-7.8M ▼ | -145.13K% ▼ | $-0.35 ▼ | $-7.79M ▼ |
| Q2-2024 | $0 | $1.09M ▲ | $-424.23K ▼ | 0% | $-0.01 ▼ | $-252.7K ▼ |
| Q1-2024 | $0 | $585.23K ▼ | $426.72K ▲ | 0% | $0.01 ▲ | $662.51K ▲ |
| Q4-2023 | $0 | $938.32K ▲ | $-76.35K ▼ | 0% | $-0 ▼ | $160.65K ▼ |
| Q3-2023 | $0 | $226.33K | $467K | 0% | $0.01 | $638.64K |
What's going well?
The company finally started generating some revenue this quarter, showing early signs of commercial activity. No debt or interest expense means less financial risk from borrowing.
What's concerning?
Expenses have skyrocketed while sales remain tiny, causing losses to balloon. The business is burning cash quickly and losing far more than it brings in, with no sign yet of cost control or meaningful sales growth.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2024 | $188.99K ▼ | $1.59M ▼ | $1.69M ▼ | $-38.29K ▲ |
| Q2-2024 | $263.24K ▲ | $61.5M ▼ | $64.41M ▲ | $-2.91M ▼ |
| Q1-2024 | $27.08K ▼ | $106.5M ▲ | $5.67M ▲ | $100.83M ▲ |
| Q4-2023 | $35.79K ▼ | $711.38K ▼ | $1.22M ▼ | $-491.58K ▼ |
| Q3-2023 | $467.76K | $104.5M | $4.02M | $100.48M |
What's financially strong about this company?
Debt has been reduced sharply, and the company has no goodwill or intangible assets, so asset quality is solid. Some improvement in negative equity.
What are the financial risks or weaknesses?
Cash is falling, equity is still negative, and payables are extremely high, suggesting the company is delaying payments to survive. Retained losses are massive.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2024 | $-7.8M ▼ | $-1.16M ▼ | $-92.69K ▼ | $-223.78K ▲ | $175.04K ▼ | $-1.24M ▼ |
| Q2-2024 | $-424.23K ▼ | $-323.67K ▲ | $45.99M ▲ | $-45.43M ▼ | $236.16K ▲ | $-323.67K ▲ |
| Q1-2024 | $426.72K ▲ | $-439.1K ▲ | $-614.33K ▼ | $666.33K ▲ | $-387.1K ▼ | $-439.1K ▲ |
| Q4-2023 | $-76.35K ▼ | $-465.62K ▼ | $415K ▲ | $-2.96K ▲ | $-53.58K ▲ | $-465.62K ▼ |
| Q3-2023 | $467K | $-78.52K | $0 | $-5.83K | $-84.36K | $-78.52K |
What's strong about this company's cash flow?
Non-cash losses make up most of the reported net loss, so actual cash burn is less than it appears on paper. No new debt or dilution this quarter.
What are the cash flow concerns?
Cash burn is rising sharply, inventory is building up, and the company has very little cash left. Without new funding, it may soon run out of money.
5-Year Trend Analysis
A comprehensive look at SRIVARU Holding Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.
SVMH’s core strengths include a clearly differentiated premium electric motorcycle offering, patented chassis and safety features, leadership with relevant EV experience, and a capital-light dealer expansion model. On the financial side, it has recently improved liquidity, boosted cash reserves, and reduced debt, buying time to pursue its strategy. The planned product pipeline across motorcycles and scooters provides multiple avenues for future growth if execution improves.
Key risks center on financial sustainability and commercial execution. Revenues are small and declining, gross margins are negative, and losses are widening, leading to negative equity and growing accumulated deficits. The business burns significant cash and depends on continued access to external financing, primarily equity. In the marketplace, SVMH faces intense competition, must overcome low brand awareness, and needs to quickly scale its dealer and service network in a price-sensitive environment—any misstep could further delay the path to scale and profitability.
The outlook is highly uncertain and execution-dependent. If SVMH can successfully roll out its expanded product lineup, rapidly build a wider dealer network, and convert its technological story into sustained sales growth, there is room for operational leverage and eventual margin improvement. Conversely, if revenue continues to stagnate or decline while costs remain high and funding becomes harder to secure, the current losses and balance sheet weaknesses could become increasingly difficult to manage. The company sits at an inflection point where strategic progress and financial discipline over the next few years will largely determine its longer-term trajectory.

CEO
Mohanraj Ramasamy
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2023-12-11 | Forward | 1143:250 |

