Sono Group (SEVCD) AI Stock Analysis

• Market Cap: $33.29M
• Dividend Yield: N/A
• Average Volume (3M): 6.42K
• Price to Earnings (P/E): 13.5
• Beta (1Y): -1.03
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 85
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Vehicles
• EPS (TTM): 0.56
• Shares Outstanding: 1,409,885
• 10 Day Avg. Volume: 3,123
• 30 Day Avg. Volume: 6,418
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 55.58
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score of 39 reflects significant financial distress overshadowing positive technical momentum. Persistent losses, insolvency concerns, and cash flow challenges weigh heavily on the company's prospects. Technical indicators suggest recent upward price trends, but without financial stability, these gains may be unsustainable. The stock's moderate valuation provides some balance, but strategic improvements are crucial for long-term viability.

Sono Group Business Overview & Revenue Model

Company Description

Sono Group (SEVCF) is a German-based company specializing in solar electric vehicle technology. The company is focused on integrating solar panels into electric vehicles to create a sustainable and energy-efficient transportation solution. Their flagship product is the Sion, a solar electric car designed to harness solar energy while also offering traditional electric charging options. Sono Group operates within the automotive and renewable energy sectors, aiming to reduce the carbon footprint of personal transportation through innovative solar technology.

How the Company Makes Money

Sono Group makes money primarily through the design, production, and sale of its solar electric vehicles, particularly the Sion. The company generates revenue by offering pre-orders and direct sales to consumers who are interested in adopting environmentally friendly vehicles. Additionally, Sono Group may explore partnerships with other automotive manufacturers to license its solar integration technology, thus creating additional revenue streams. The company also benefits from government incentives and subsidies for electric vehicle production, which can contribute to its financial performance. As it continues to expand its product offerings and market presence, Sono Group aims to capitalize on the growing demand for sustainable transportation solutions.

Sono Group Financial Statement Overview

Summary

Sono Group is grappling with severe financial challenges. The income statement shows negative margins and declining revenue growth, indicating unprofitable operations. The balance sheet reveals insolvency issues due to negative stockholders' equity and high leverage. Although there's a slight improvement in cash flow, overall cash generation remains inefficient. Strategic restructuring is necessary to stabilize the company's weak financial health.

Income Statement

The income statement shows significant challenges with negative margins across the board. Gross profit margin and net profit margin are negative, indicating cost issues and unprofitable operations. Revenue growth is erratic and declining, as evidenced by the drop from 2022 to 2023. EBIT and EBITDA margins are also negative, reflecting poor operational performance.

Balance Sheet

The balance sheet reveals a concerning financial position with negative stockholders' equity, indicating insolvency issues. The company has high leverage, with a debt-to-equity ratio that is not computable due to negative equity. Return on equity is negative, reflecting net losses. Overall, the equity ratio is negative, indicating a precarious financial structure.

Cash Flow

Cash flow analysis highlights negative free cash flow, indicating operational cash flow shortages. However, there is an improvement in free cash flow from 2022 to 2023, suggesting some progress in cash management. The operating cash flow to net income ratio is not favorable, indicating inefficient cash generation relative to net losses.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
42.00K	229.00K	16.00K	0.00	0.00
	Gross Profit
-28.00K	-163.00K	-42.00K	0.00	0.00
	EBIT
-51.84M	-181.38M	-59.15M	-53.99M	―
	EBITDA
-46.58M	-181.70M	-60.08M	-54.96M	―
	Net Income Common Stockholders
-53.56M	-183.70M	-63.95M	-56.03M	―
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.55M	30.84M	138.95M	47.94M	5.84M
	Total Assets
8.87M	57.47M	147.30M	53.34M	0.00
	Total Debt
39.09M	34.87M	6.83M	14.72M	0.00
	Net Debt
31.68M	4.52M	-126.11M	-28.54M	-5.84M
	Total Liabilities
94.44M	100.98M	63.86M	58.37M	0.00
	Stockholders Equity
-85.57M	-43.51M	83.44M	-5.03M	0.00
Cash Flow		Free Cash Flow
-15.01M	-186.82M	-48.79M	-1.23M	0.00
	Operating Cash Flow
-11.17M	-139.59M	-47.14M	-1.19M	0.00
	Investing Cash Flow
-11.32M	-47.24M	-1.65M	-42.00K	0.00
	Financing Cash Flow
-250.00K	83.01M	138.56M	44.09M	0.00

Sono Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SEVCD, the sentiment is Negative. The current price of 7.55 is below the 20-day moving average (MA) of 11.79, below the 50-day MA of 9.29, and above the 200-day MA of 4.93, indicating a neutral trend. The MACD of -0.91 indicates Positive momentum. The RSI at 35.36 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SEVCD.

Sono Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSLA	74 Outperform	$923.82B	154.12	9.16%	―	1.03%	-53.71%
Sector *	61 Neutral	$6.64B	11.67	3.04%	3.98%	2.60%	-21.24%
LCID	41 Neutral	$7.71B	―	-54.15%	―	35.71%	8.24%
GOEVQ	40 Underperform	$1.75M	―	-72.67%	―	258.96%	82.54%
SEVCD	39 Underperform	$33.29M	13.47		―	―	―
WKHS	39 Underperform	$5.84M	―	-159.80%	―	-49.47%	54.99%