Forza X1 Inc
NASDAQ:FRZA

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Forza X1 Inc
NASDAQ:FRZA
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Price: 0.26 USD -8.13% Market Closed
Market Cap: $4.1m

Gross Margin

-215.3%
Current
Improving
by 257.1%
vs 3-y average of -472.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-215.3%
=
Gross Profit
$-83.1k
/
Revenue
$38.6k

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-215.3%
=
Gross Profit
$-83.1k
/
Revenue
$38.6k

Peer Comparison

Country Company Market Cap Gross
Margin
US
Forza X1 Inc
NASDAQ:FRZA
4.1m USD
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JP
Bandai Namco Holdings Inc
TSE:7832
2.5T JPY
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US
Hasbro Inc
NASDAQ:HAS
12.5B USD
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JP
Shimano Inc
TSE:7309
1.4T JPY
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UK
Games Workshop Group PLC
LSE:GAW
5.9B GBP
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US
Acushnet Holdings Corp
NYSE:GOLF
5.3B USD
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CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
34.6B CNY
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CA
BRP Inc
TSX:DOO
6.7B CAD
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US
Brunswick Corp
NYSE:BC
4.5B USD
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US
Mattel Inc
NASDAQ:MAT
4.3B USD
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IT
Technogym SpA
MIL:TGYM
3.4B EUR
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Market Distribution

Lower than 99% of companies in the United States of America
Percentile
1st
Based on 12 729 companies
1st percentile
-215.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Forza X1 Inc
Glance View

Market Cap
4.1m USD
Industry
Leisure Products

Forza X1 Inc is a US-based company operating in Leisure Products industry. The company is headquartered in Fort Pierce, Florida. The company went IPO on 2022-08-12. Forza X1, Inc. is focused on the creation, implementation and sale of electric boats, utilizing its electric vehicle (EV) technology to control and power its boats and outboard electric motors. Its electric boats are designed as fully integrated electric boats, including the hull, outboard motor, and control system. The three main components of its electric boats are the fiberglass part of the boat, the motor that propels the boat, and the control system. The company offers its EV products, services, and support through a Web-based and mobile phone application, which is a vertically integrated and a direct-to-consumer platform. The company utilizes a Web-based and application platform to connect with customers for an end-to-end experience encompassing everything from buying, financing, delivering, servicing, and training. Its two models, the FX1 Dual Console and FX1 Center Console, are designed to be 24-foot in length, and utilize a catamaran hull surface to reduce drag and increase run times.

FRZA Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-215.3%
=
Gross Profit
$-83.1k
/
Revenue
$38.6k
What is Forza X1 Inc's current Gross Margin?

The current Gross Margin for Forza X1 Inc is -215.3%, which is above its 3-year median of -472.4%.

How has Gross Margin changed over time?

Over the last 10 months, Forza X1 Inc’s Gross Margin has increased from -1 100% to -215.3%. During this period, it reached a low of -1 100% on Sep 30, 2023 and a high of -215.3% on Jul 30, 2024.

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