lightning emotors has been providing specialized and sustainable fleet solutions since 2010, deploying complete zero-emission-vehicle (zev) solutions for commercial fleets since 2017 – including purpose-built class 3 cargo and passenger vans, class 4 and 5 cargo vans and shuttle buses, class 6 work trucks, class 7 city buses, and class 8 motor coaches. the lightning emotors team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs including school buses and ambulances, with a full suite of telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency.
Company profile
Ticker
ZEVY, ZEVYW
Exchange
Website
CEO
Avishay S. Katz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GigCapital3, Inc.
SEC CIK
Corporate docs
IRS number
844605714
ZEVY stock data
Latest filings (excl ownership)
8-K
Bankruptcy or Receivership
28 Feb 24
8-K
Entry into a Material Definitive Agreement
26 Jan 24
8-K
Notice of Pendency of Derivative Action, Proposed Agreement of Settlement and Release, and Settlement Hearing
12 Jan 24
8-K
Changes in Registrant's Certifying Accountant
10 Jan 24
25-NSE
Exchange delisting
3 Jan 24
8-K
Bankruptcy or Receivership
18 Dec 23
8-K
Bankruptcy or Receivership
13 Dec 23
10-Q
2023 Q3
Quarterly report
20 Nov 23
8-K
Lightning eMotors Reports Record Revenue for the Third Quarter of 2023
20 Nov 23
NT 10-Q
Notice of late quarterly filing
13 Nov 23
Transcripts
ZEVY
Earnings call transcript
2023 Q2
14 Aug 23
ZEVY
Earnings call transcript
2023 Q1
17 May 23
ZEVY
Earnings call transcript
2022 Q4
13 Mar 23
ZEVY
Earnings call transcript
2022 Q3
8 Nov 22
ZEVY
Earnings call transcript
2022 Q2
10 Aug 22
ZEVY
Earnings call transcript
2022 Q1
13 May 22
ZEVY
Earnings call transcript
2021 Q4
29 Mar 22
ZEVY
Earnings call transcript
2021 Q3
16 Nov 21
ZEVY
Earnings call transcript
2021 Q2
17 Aug 21
Latest ownership filings
SC 13G/A
Ionic Capital Management LLC
14 Feb 24
144
Notice of proposed sale of securities
18 Jan 24
4
Kshitij Sethi
22 Nov 23
SC 13G/A
International Co Management Ltd
8 Sep 23
SC 13G
Rawlinson & Hunter Ltd
8 Sep 23
4
Kshitij Sethi
29 Aug 23
SC 13G/A
Rosella Holdings Ltd
21 Jul 23
SC 13G
International Co Management Ltd
21 Jul 23
4
Robert Fenwick-Smith
7 Jun 23
4
Kenneth P. Jr. Jack
7 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.02 mm | 6.02 mm | 6.02 mm | 6.02 mm | 6.02 mm | 6.02 mm |
Cash burn (monthly) | 2.20 mm | 7.48 mm | 16.01 mm | 9.41 mm | 2.06 mm | 7.29 mm |
Cash used (since last report) | 14.54 mm | 49.47 mm | 105.86 mm | 62.25 mm | 13.64 mm | 48.17 mm |
Cash remaining | -8.52 mm | -43.45 mm | -99.84 mm | -56.23 mm | -7.61 mm | -42.15 mm |
Runway (months of cash) | -3.9 | -5.8 | -6.2 | -6.0 | -3.7 | -5.8 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 37 |
Opened positions | 11 |
Closed positions | 40 |
Increased positions | 0 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 1.31 bn |
Total shares | 98.94 mm |
Total puts | 102.30 k |
Total calls | 127.70 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Rosella | 75.72 mm | $90.11 mm |
BP Technology Ventures | 22.93 mm | $179.28 mm |
Vanguard | 100.17 k | $360.62 mm |
BK Bank Of New York Mellon | 39.08 k | $140.70 mm |
BMO Bank of Montreal | 36.05 k | $142.38 mm |
Dimensional Fund Advisors | 23.98 k | $86.32 mm |
Parallax Volatility Advisers | 20.00 k | $72.00 mm |
BLK Blackrock | 19.63 k | $70.68 mm |
Advisor Partners Ii | 12.88 k | $46.36 mm |
VIRT Virtu Financial | 12.55 k | $45.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Nov 23 | Kshitij Sethi | Common Stock | Payment of exercise | Dispose F | No | No | 1.02 | 85 | 86.70 | 9,363 |
20 Aug 23 | Kshitij Sethi | Common Stock | Payment of exercise | Dispose F | No | No | 2.2 | 98 | 215.60 | 9,448 |
6 Jun 23 | Timothy Richard Reeser | Common Stock | Payment of exercise | Dispose F | No | No | 3.41 | 1,083 | 3.69 k | 87,312 |
6 Jun 23 | Kshitij Sethi | Common Stock | Payment of exercise | Dispose F | No | No | 3.41 | 1,178 | 4.02 k | 9,546 |
5 Jun 23 | Thaddeus Senko | Common Stock | Grant | Acquire A | No | No | 0 | 26,608 | 0.00 | 30,053 |