AYRO Inc (NAS:AYRO)

$ 1.1499 -0.0301 (-2.55%) Market Cap: 5.75 Mil Enterprise Value: -15.65 Mil PE Ratio: 0 PB Ratio: 0.40 GF Score: 46/100

AYRO Inc at SNN Network Summer Event (Virtual) Transcript

Aug 19, 2021 / 06:00PM GMT

Release Date Price: $30.08 (-3.34%)

Transcript 10-Q

Operator

Welcome to SNN Network Summer Virtual Event. We are pleased to introduce the next presenter for today's event, Rod Keller, CEO of AYRO. Rod, the floor is yours.

Rod Keller

AYRO, Inc. - President, CEO, & Director

Thank you very much. Greetings, and thank you for your interest to learn more about AYRO. First, let me share with you some information about our -- around our capitalization, and I'll introduce the company.

We are a public company traded on the NASDAQ. Stock price as of the beginning of the quarter was just under $5, 35 million shares outstanding, market cap averages around $175 million. We have about $88 million in cash and no debt in our fiscal year, aligns with the calendar year as well.

We are a company -- let these slides catch up. There we go. We're a company that was founded in 2017 with our headquarters in Austin, Texas. The best way to describe us is we build purpose-built electric vehicles.

They are automotive grade. They are street-legal electric vehicles, but we use them primarily -- or they're used in

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