Envirotech Vehicles 2025 10-K: Revenue $5.94M, EPS $(11.54)
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Envirotech Vehicles reported $5.94 million in revenue for 2025, a 218% increase from 2024, primarily due to its medical supplies segment. However, the company faced a net loss of $39.13 million, or $(11.54) per share, impacted by significant inventory write-downs and impairments. The company is shifting focus from EV sales to medical supplies and drone R&D, completing strategic acquisitions and opening a new facility in Houston. Market dynamics, including government contracts and policy changes, are influencing its operational strategy.
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