GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forza X1 Inc (NAS:FRZA) » Definitions » Revenue

Forza X1 (Forza X1) Revenue : $0.04 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Forza X1 Revenue?

Forza X1's revenue for the three months ended in Dec. 2023 was $0.02 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $0.04 Mil. Forza X1's Revenue per Share for the three months ended in Dec. 2023 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.


Forza X1 Revenue Historical Data

The historical data trend for Forza X1's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forza X1 Revenue Chart

Forza X1 Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Revenue
- - - 0.04

Forza X1 Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.02 0.02

Competitive Comparison of Forza X1's Revenue

For the Recreational Vehicles subindustry, Forza X1's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forza X1's Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forza X1's Revenue distribution charts can be found below:

* The bar in red indicates where Forza X1's Revenue falls into.



Forza X1 Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forza X1  (NAS:FRZA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Forza X1 Revenue Related Terms

Thank you for viewing the detailed overview of Forza X1's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Forza X1 (Forza X1) Business Description

Traded in Other Exchanges
N/A
Address
3101 S. US-1, Fort Pierce, FL, USA, 34982
Forza X1 Inc develops and manufactures fully electric, affordable boats with mass appeal. The company is focused on the creation, implementation, and sale of electric boats utilizing its electric vehicle (EV) technology to control and power its boats and proprietary outboard electric motor. its electric boats are being designed as fully integrated electric boats including the hull, outboard motor, and control system. Its initial two models, the FX1 Dual Console and FX1 Center Console are being designed to be 24 feet in length, have an 8' beam or width, and utilize a catamaran hull surface to reduce drag and increase run times.
Executives
Carrie L. Gunnerson officer: Interim CFO/Interim PAO 5556 HIGHWAY 9, ARMSTRONG IA 50514
Kevin Schuyler director 1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Marcia Kull director 3101 S. US-1, FT. PIERCE FL 34982
James Howard Leffew director, officer: President and CEO 3101 S. US-1, FT. PIERCE FL 34928
Joseph C Visconti director, 10 percent owner, officer: EC and Chief of PD 525 SOUTH FLAGLER DRIVE #400, WEST PALM BEACH FL 33401
Twin Vee Powercats, Inc. 10 percent owner 3101 SOUTH US HIGHWAY 1, FT PIERCE FL 34982
Neil Ross director 3101 S. US-1, FT. PIERCE FL 34982
Twin Vee Powercats, Co. 10 percent owner 3101 S. FEDERAL HIGHWAY, FT. PIERCE FL 34982
Nicole Marie Camacho officer: Chief Financial Officer 3101 S US-1, FT. PIERCE FL 34982