BackForza X1 Overview

Forza X1 EBIT

Forza X1's EBIT is $-6.7M, below the sector sector average of $2.7T.

Get informed when a big investor buys or sells

+ Follow

Quarterly EBIT

-$864.37K
↑ 30.88% YoY

As of Sep 30, 2024

Annual EBIT (TTM)

-$6.72M
↓ 3.74% YoY

Trailing 12 months ending Sep 30, 2024

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Forza X1 (FRZA) FAQ

Forza X1 (FRZA) currently reports a EBIT of $-6.7M as of September 2024. That compares with $-6.5M in the prior-year period — down 3.7% year over year. That is below the sector sector average of $2.7T. Use the charts on this page to explore Forza X1's EBIT history and peer comparisons.

Forza X1's EBIT decreased from $-6.5M to $-6.7M — a 3.7% year-over-year decrease (period ending September 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Forza X1's EBIT of $-6.7M is lower than the its sector sector average of $2.7T. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Forza X1 reported $-6.7M in EBIT as of September 2024. That compares with $-6.5M in the prior-year period — down 3.7% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-6.7M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $2.7T. From there, open related valuation or income-statement pages for Forza X1, and consider following FRZA for alerts when major investors trade the stock.