Company Quick10K Filing
2050 Motors
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 624 $0
10-Q 2019-11-19 Quarter: 2019-09-30
10-Q 2019-08-15 Quarter: 2019-06-30
10-Q 2019-07-19 Quarter: 2019-03-31
10-K 2019-07-19 Annual: 2018-12-31
10-Q 2019-05-03 Quarter: 2018-09-30
10-Q 2018-10-11 Quarter: 2018-06-30
10-Q 2018-08-03 Quarter: 2018-03-31
10-K 2018-04-18 Annual: 2017-12-31
10-Q 2017-11-17 Quarter: 2017-09-30
10-Q 2017-08-21 Quarter: 2017-06-30
10-Q 2017-05-22 Quarter: 2017-03-31
10-K 2017-04-17 Annual: 2016-12-31
10-Q 2016-11-21 Quarter: 2016-09-30
10-Q 2016-08-19 Quarter: 2016-06-30
10-Q 2016-05-23 Quarter: 2016-03-31
10-K 2016-04-06 Annual: 2015-12-31
10-Q 2015-11-16 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-13 Quarter: 2015-03-31
10-K 2015-03-31 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-19 Quarter: 2014-06-30
10-Q 2014-05-20 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-03-15 Annual: 2012-12-31
8-K 2020-03-25 Other Events
8-K 2020-03-10 Other Events
8-K 2020-01-23 Other Events
8-K 2020-01-21 Other Events
8-K 2020-01-13 Other Events
8-K 2019-12-23 Other Events
8-K 2019-12-16 Other Events
8-K 2019-11-25 Other Events, Exhibits
8-K 2019-10-21 Other Events, Exhibits
8-K 2019-10-16 Other Events
8-K 2019-10-07 Other Events, Exhibits
8-K 2019-10-04 Other Events
8-K 2019-09-16 Other Events
8-K 2019-09-10 Other Events
8-K 2019-09-10 Other Events
8-K 2019-09-06 Other Events, Exhibits
8-K 2019-08-29 Other Events, Exhibits
8-K 2019-08-27 Other Events
8-K 2019-08-26 Sale of Shares, Exhibits
8-K 2019-08-25 Other Events
8-K 2019-08-23 Other Events, Exhibits
8-K 2019-08-22 Other Events, Exhibits
8-K 2019-08-22 Other Events, Exhibits
8-K 2019-08-22 Other Events, Exhibits
8-K 2019-08-21 Other Events
8-K 2019-08-19 Other Events
8-K 2019-08-17 Other Events, Exhibits
8-K 2019-08-17 Other Events, Exhibits
8-K 2019-08-11 Other Events, Exhibits
8-K 2019-08-11 Other Events, Exhibits
8-K 2019-07-30 Other Events, Exhibits
8-K 2019-06-28 Other Events
8-K 2019-06-07 Regulation FD, Exhibits
8-K 2019-06-03 Regulation FD, Exhibits
8-K 2019-05-15 Other Events, Exhibits
8-K 2019-05-14 Other Events, Exhibits
8-K 2019-05-13 Other Events
8-K 2019-05-10 Other Events
8-K 2019-05-05 Enter Agreement, Exhibits
8-K 2019-05-02 Enter Agreement, Exhibits
8-K 2019-04-22 Enter Agreement, Exhibits
8-K 2019-04-18 Enter Agreement, Exhibits
8-K 2019-04-15 Shareholder Rights, Exhibits
8-K 2019-04-12 Enter Agreement, Other Events, Exhibits
8-K 2019-04-09 Enter Agreement, Other Events
8-K 2019-04-04 Other Events
8-K 2019-03-19 Enter Agreement, Exhibits
8-K 2019-03-07 Accountant
8-K 2018-07-12 Officers
8-K 2018-06-25 Off-BS Arrangement
8-K 2018-03-07 Accountant, Control, Officers, Exhibits
8-K 2018-02-13 Officers, Regulation FD, Exhibits
8-K 2018-01-09 Officers

2050 Motors Financials

ETFM Metrics, Comps, Filings

Annual | Quarterly

Business

2050 Motors, Inc. has an agreement, subject to minimum sales requirements, to import, market and sell in the United States, Puerto Rico, the U.S. Territories and Peru, the “e-Go” lightweight carbon fiber all-electric vehicle (“EV”) design and electric light truck to be manufactured by Jiangsu Aoxin New Energy Automobile Co., Ltd. (“Aoxin Automobile”) located in the People's Republic of China (“PRC”). Aoxin Automobile was a wholly owned subsidiary of Dongfeng Motor Corporation (“Dongfeng Motor”), which is one of the largest automobile manufacturers in China, producing over 3.76 million cars and trucks in 2012. Aoxin Automobile was funded by Dongfeng Motor to develop and manufacture a lightweight, efficient, carbon fiber e-Go EV electric car (“e-Go”). Dongfeng Motor, over a five-year period, invested a substantial amount of money to develop, with the support of Italian engineers, a new carbon fiber technology to produce auto parts at a significantly reduced cost. They also developed a lightweight aluminum racing frame for the e-Go.

In 2014, Yancheng Municipal State-Owned Asset Investment Group, Co. Ltd. (“YMSIG”), an investment and property development company founded by the Yancheng Municipal Government, purchased Aoxin Automobile from Dongfeng Motor, Co. Ltd. YMSIG made major investments in Aoxin, which funded on a fast track schedule the completion of the e-Go automobile manufacturing facility that culminated in a grand opening ceremony on January 20, 2015.

The e-Go is a five-passenger sedan that weighs only 1,450 pounds with its battery pack included. It was designed to be the first vehicle of its advanced type to be sold in the price range of less than $35,000. It will have a unique lightweight carbon fiber body built on an aluminum frame. It will be the only production line EV with a carbon fiber body manufactured by a new process that uses robotics to produce parts, which significantly reduces the production time and cost of carbon fiber components. The carbon fiber composite material is five times stronger than steel and one third the weight.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
So-Young (SY)
Cerence (CRNC)
Global Arena Holding (GAHC) 0 0% -2.3 94% 796 7,256 746 0 750 -1,704 3,867
AMTD (HKIB)
Osprey Technology (SFTW)
Granite Real Estate (GRP)
Generex Biotechnology (GNBT)
Frequency Therapeutics (FREQ)
2050 Motors (ETFM) 0 -0.2 -166,272,400% 0 1,849 0 0 -1,663 -1,654 250
Link Motion (LKM) 0 0% 853,628 377,864 0 0 0 0 -91,397
Sirva (SRVA)
Rich Pharmaceuticals (RCHA) 0 8% -0.0 6,428% 37 6,396 230 18 2,406 1,667 -6
Futureland (FUTL) 0 0% 0.0 40% 1,056 1,158 11 0 425 430 12
Aprea Therapeutics (APRE)
Jumia (JMIA)
Ford Motor Credit (FMCC) 0 0% 15.8 1% 164,018,000 149,124,000 12,645,000 0 2,260,000 7,229,000 114,427,000
InMode (INMD)
MMEX Resources (MMEX) 0 -0.2 -673% 557 3,852 0 0 -3,750 -6,084 1,282
Richmond Mutual Bancorporation (RMBI)
W&E Source (WESC) 0 100% 0.1 -355% 14 162 0 0 -50 -50 -3

Balance Sheet ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312018-12-31
Cash0075782120
Accounts Receivable
Inventory
PP&E6010565131
Assets009762942300
Accounts Payable1422
Long-Term Debt250
Liabilities6692107766121,849
Stockholders' Equity-66-92869218-382-1,849
Income Statement ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312018-12-31
Revenue000000
Cost of Revenue
Gross Profit
R&D098660
SG&A184639882217
Tax110000
Net Income35-26-546-729-1,033-1,901
Cash Flow ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312018-12-31
Cash Operating-19-24-491-604-259-121
Cash Investing-68-6720
Cash Financing19241,054-4186120