With only $60k cash and negative operating cash flow, Fly-E faces imminent liquidity risk. Monitor for going-concern disclosure, emergency financing (dilutive offering), or potential bankruptcy filing. The wholesale pivot is insufficient to offset retail collapse.
Price Chart
Executive Summary
Fly-E Group reported catastrophic Q1 FY2027 results with revenue plunging 48.4% YoY to $2.7M, gross margin collapsing from 42.4% to 10.9%, and net loss widening to $3.9M. Cash reserves dwindled to just $60k, signaling an imminent liquidity crisis as the company downsized from 20 retail stores to 4.
Key Financial Metrics
Key Facts
- Net revenues fell 48.4% YoY to $2.7M from $5.3M
- Gross margin collapsed from 42.4% to 10.9%
- Net loss widened to $3.9M from $2.0M YoY
- Cash dropped to $60k from $265k at March 31, 2026
- Retail store count reduced from 20 to 4 stores
- Wholesale revenue grew 46.9% to $2.1M but could not offset retail decline
- Operating cash flow negative at -$190k for the quarter
Financial Impact
Revenue decline of $2.6M (48.4%), gross profit decline of $2.0M (86.7%), net loss increase of $1.9M (96.1%)
Risk Factors
- Imminent liquidity crisis with minimal cash runway
- Going-concern qualification likely in next 10-Q
- Potential dilutive equity offering or debt default
- Continued retail store closures and demand erosion from battery safety concerns
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302866881 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 6w ago | 8-K | $1.83 $1.47 | ▼ −19.67% | ▼ −19.78% | $1.77 (−3.21%) |
Sep 1, 2026 7w ago | Press Release | $2.40 $1.81 | ▲ +24.58% | ▲ +23.63% | $1.77 (+26.20%) |
Jul 29, 2026 12w ago | 8-K | $1.63 $1.72 | ▲ +5.52% | ▲ +1.90% | $1.77 (+8.66%) |
Jul 23, 2026 13w ago | Press Release | $1.84 $1.63 | ▲ +11.41% | ▲ +11.79% | $1.77 (+3.74%) |
Apr 27, 2026 26w ago | 8-K | $1.96 $1.99 | ▲ +1.28% | ▼ −0.42% | $1.77 (−9.63%) |
Mar 5, 2026 33w ago | 8-K | $2.03 $1.94 | ▲ +4.39% | ▲ +2.86% | $1.77 (+12.71%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers