EVOA · Evo Transportation & Energy Services, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $309.76M | $304.05M | $229.28M | $25.60M | $25.60M | $2.10M |
| Cost of Revenue | - | - | - | - | - | $1.50M |
| Gross Profit | - | - | - | - | - | $597.0K |
| R&D | - | - | - | - | - | - |
| SG&A | $17.98M | $25.46M | $18.50M | $13.04M | $3.29M | $2.43M |
| Total Operating Expenses | $313.54M | $284.76M | $251.73M | $31.72M | $31.72M | $8.05M |
| D&A | $16.18M | $15.23M | $14.76M | $7.84M | $958.9K | $210.9K |
| Operating Income | ($3.78M) | $19.29M | ($22.45M) | ($30.54M) | ($6.12M) | ($2.86M) |
| Interest Expense | $33.71M | $12.74M | $14.98M | $7.67M | $31.1K | $32.4K |
| Income Tax | $662.0K | $1.54M | $206.0K | ($5.40M) | - | ($71.3K) |
| Net Income | ($18.23M) | $14.25M | ($46.85M) | ($32.71M) | ($6.58M) | ($9.16M) |
| EPS - Basic | ($0.11) | ($2.26) | - | - | - | ($23.09) |
| EPS - Diluted | ($0.11) | ($2.26) | - | - | - | ($23.09) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.43M | $7.33M | $26.64M | $3.27M | $1.63M | $358 |
| Accounts Receivable | $11.70M | $22.70M | $13.03M | $11.68M | $6.41M | $150.4K |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $14.74M | $16.25M | $11.70M | $13.81M | $2.75M | $1.78M |
| Current Assets | $32.24M | $32.47M | $42.98M | $20.16M | $8.60M | $884.0K |
| Total Assets | $125.72M | $126.51M | $142.32M | $111.74M | $22.65M | $9.34M |
| Current Liabilities | $99.41M | $125.89M | $141.85M | $86.39M | $21.60M | $7.46M |
| Long-term Debt | $6.13M | $4.02M | $3.38M | $9.29M | $1.06M | $21.67M |
| Total Liabilities | $141.40M | $168.57M | $201.42M | $122.87M | $32.68M | $22.12M |
| Stockholders' Equity | ($15.68M) | ($50.94M) | ($67.32M) | ($12.67M) | ($10.28M) | ($12.78M) |
| Retained Earnings | ($105.59M) | ($87.37M) | ($101.62M) | ($54.77M) | ($20.67M) | ($14.08M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.55M | $23.55M | ($10.02M) | ($15.18M) | ($6.78M) | ($891.4K) |
| Investing Cash Flow | ($93.0K) | ($7.12M) | $938.0K | ($22.36M) | ($170.0K) | $8.8K |
| Financing Cash Flow | ($2.36M) | ($35.75M) | $32.45M | $39.18M | $8.50M | $941.6K |
| CapEx | - | - | - | - | $18.0K | - |
| Free Cash Flow | - | - | - | - | ($6.80M) | - |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | 28.5% |
| Operating margin | -1.2% | 6.3% | -9.8% | -119.3% | -23.9% | -136.5% |
| EBITDA margin | 4.0% | 11.4% | -3.4% | -88.7% | -20.2% | -126.4% |
| Net margin | -5.9% | 4.7% | -20.4% | -127.8% | -25.7% | -436.9% |
| Free cash flow margin | - | - | - | - | -26.6% | - |
| FCF / Net income | - | - | - | - | 1.03 | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 5.8% | 8.4% | 8.1% | 50.9% | 12.9% | 116.0% |
| Effective tax rate | - | 9.8% | - | - | - | - |
| Return on assets | -14.5% | 11.3% | -32.9% | -29.3% | -29.0% | -98.1% |
| Return on equity | 116.2% | -28.0% | 69.6% | 258.1% | 64.0% | 71.7% |
| Return on invested capital | - | - | - | - | - | -25.4% |
| Liquidity | ||||||
| Current ratio | 0.32 | 0.26 | 0.30 | 0.23 | 0.40 | 0.12 |
| Quick ratio | 0.32 | 0.26 | 0.30 | 0.23 | 0.40 | 0.12 |
| Cash ratio | 0.15 | 0.06 | 0.19 | 0.04 | 0.08 | 0.00 |
| Leverage | ||||||
| Debt / Equity | -0.39 | -0.08 | -0.05 | -0.73 | -0.10 | -1.70 |
| Debt / Assets | 0.05 | 0.03 | 0.02 | 0.08 | 0.05 | 2.32 |
| Debt / EBITDA | 0.49 | 0.12 | - | - | - | - |
| Interest coverage | -0.1x | 1.5x | -1.5x | -4.0x | -196.5x | -88.3x |
| Equity multiplier | -8.02 | -2.48 | -2.11 | -8.82 | -2.20 | -0.73 |
| Liabilities / Assets | 1.12 | 1.33 | 1.42 | 1.10 | 1.44 | 2.37 |
| Efficiency | ||||||
| Asset turnover | 2.46 | 2.40 | 1.61 | 0.23 | 1.13 | 0.22 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 14d | 27d | 21d | 167d | 91d | 26d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | 434d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 1.9% | 32.6% | 795.5% | 0.0% | 1121.0% | 334.2% |
| Revenue CAGR (3y) | 129.6% | 128.1% | 378.2% | 275.7% | 859.3% | 159.5% |
| Revenue CAGR (5y) | 171.6% | 262.9% | 502.0% | 192.3% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | 196.4% |
| Operating income growth (YoY) | - | - | 26.5% | -399.0% | -113.8% | 0.0% |
| Net income growth (YoY) | - | - | -43.2% | -397.4% | 28.2% | -212.3% |
| EPS growth (YoY) | 95.1% | - | - | - | - | -149.6% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 69.2% | 24.3% | -431.2% | -23.3% | 19.6% | -218.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Business segments
$309.76M totalTrucking$309.48M · 99.9%
All Other Segments$287.0K · 0.1%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
1.22
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Auto Dealers & Gasoline Stations
Comparing EVO Transportation & Energy Services against the 5 most active filers in the same SIC group.