ECD Earnings Reports

ECD Automotive Design achieved its highest-ever quarterly revenue in Q2 2025, but gross margin compression and increased operating and interest expenses led to a larger net loss compared to the prior year.

ECD Auto Design delivered Q1 2025 revenue of $6.42 million, driven by higher average selling prices. Gross profit margin improved significantly to 27.5%, though the company posted a net loss of $2.75 million due to increased operating expenses and interest costs.

ECD Automotive Design, Inc. experienced a significant increase in revenue and gross profit for the three months ended September 30, 2024, primarily driven by higher vehicle sales and average selling prices. However, the company's net loss widened considerably due to increased interest expenses, changes in fair value of warrant and conversion option liabilities, and higher operating expenses associated with public company costs.

ECD Auto Design reported a record $8.9 million in revenue, a 129% increase compared to the second quarter of 2023. The company maintained strong gross margins of 31.8% and reaffirmed its full-year 2024 revenue guidance of $33.0 million.