Fly-e Group vs Xos
Xos is the larger business, with $46.0m of revenue in fiscal 2025 against $19.1m for Fly-e Group (2.4 times as much). Xos grew faster (-17.8% against -25.0%). Fly-e Group kept more of each dollar of sales as profit: a net margin of -48.6% against -55.1%.
| Latest fiscal year | Fly-e GroupFLYE, 2026 | XosXOS, 2025 |
|---|---|---|
| Revenue | $19.1m | $46.0m |
| Revenue growth | -25.0% | -17.8% |
| Net income | −$9.3m | −$25.3m |
| Operating margin | — | -71.9% |
| Net margin | -48.6% | -55.1% |
| Return on equity | -67.9% | -87.2% |
| Free cash flow | −$13.9m | $5.4m |
| Cash | $265,236 | $14.0m |
| Total debt | $6.0m | $19.5m |
| Debt to equity | — | 81.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.8m | $40.0m |
| Price vs our value range | — | — |
| Moat score | — | 10 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 44 sales |