Electrameccanica Vehicles Profit Margin

As of the most recent data (December 2023), SOLO shows a profit margin of -9235.04%. That compares with -1805.92% in the prior-year period — down 411.4% year over year. That is below the Consumer Discretionary sector average of 10.39%. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, SOLO's profit margin is now -9235.04% (was -1805.92%) — a 411.4% year-over-year decrease. Pairing that YoY change with peer averages gives a clearer picture of whether Electrameccanica Vehicles is outperforming or lagging.

The Consumer Discretionary sector average profit margin is about 10.39%. Electrameccanica Vehicles is at -9235.04%, which is lower that average. That is roughly 88956.7% below the sector mean. Use the comparison chart on this page to see how SOLO stacks up against individual peers as well.

That compares with -1805.92% in the prior-year period — down 411.4% year over year. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Electrameccanica Vehicles with peers to see if the move is company-specific or sector-wide.

Besides this profit margin page, Stockcircle has Electrameccanica Vehicles's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect profit margin (currently -9235.04%) with ownership activity and broader fundamentals.