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ECD Automotive Design (ECDA)

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Earnings summaries and quarterly performance for ECD Automotive Design.

Research analysts who have asked questions during ECD Automotive Design earnings calls.

Recent press releases and 8-K filings for ECDA.

ECD Automotive Design Discusses Strategic Transactions to Improve Shareholder Equity
ECDA
Convertible Preferred Issuance
  • ECD Automotive Design (ECDA) announced on January 8, 2026, that it is in discussions with a lender regarding strategic transactions to enhance its shareholder equity position.
  • These potential transactions are valued between $2 million and $10 million.
  • The discussions involve a combination of cash and preferred stock and/or a debt to preferred equity exchange with the current lender.
  • The company anticipates these transactions will close within the next 30 days.
Jan 8, 2026, 2:20 PM
ECD Automotive Design Announces Reverse Stock Split
ECDA
Delisting/Listing Issues
Proxy Vote Outcomes
  • ECD Automotive Design (ECDA) will implement a 1-for-5 reverse stock split effective at market opening on December 26, 2025.
  • The reverse stock split aims to increase the per share trading price to satisfy the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market.
  • This action will reduce the number of outstanding shares from approximately 6,925,006 to approximately 1,385,002.
  • Stockholders approved the reverse stock split at the annual meeting held on July 22, 2025.
Dec 22, 2025, 10:01 PM
ECDA Announces Agreement to Increase Factory Utilization
ECDA
New Projects/Investments
Revenue Acceleration/Inflection
  • ECD Automotive Design (ECDA) has signed an agreement to assume select builds from a regional 4x4 restoration and modification shop.
  • This collaboration is projected to add a minimum of twenty units per year to ECDA's backlog, utilizing at least ten percent of its production capacity.
  • The agreement is anticipated to improve the company's cost structure, enhance workforce efficiency, and contribute a positive contribution margin, supporting stronger overhead absorption.
  • CEO Scott Wallace stated that filling the factory is a primary objective for ECDA to achieve cash-flow breakeven.
Dec 12, 2025, 2:21 PM
ECD Automotive Design Reports Third Quarter 2025 Financial Results
ECDA
Earnings
Product Launch
Convertible Preferred Issuance
  • ECD Automotive Design reported revenue of $5.8 million for the third quarter of 2025, a decrease from $6.4 million in the third quarter of 2024, and a gross loss of $1.7 million compared to a gross profit of $2.0 million in the prior-year period, primarily due to the completion of legacy builds and elevated tariff-related costs.
  • The company achieved net income of $2.2 million in Q3 2025, a significant improvement from a net loss of $2.6 million in Q3 2024, largely driven by a non-cash gain related to the conversion of debt into preferred stock.
  • ECD Automotive Design is implementing cost-containment efforts, with over $1 million in annualized savings expected from headcount and overhead reductions, and has expanded its product lineup to include bespoke Porsche 911 builds and modern Defender & INEOS Grenadier enhancements.
Nov 25, 2025, 12:30 PM
ECDA Announces Q3 2025 Results and Strategic Initiatives
ECDA
Earnings
New Projects/Investments
Delisting/Listing Issues
  • ECDA reported Q3 2025 revenue of $5.8 million, a decrease from the prior quarter and year, and a negative gross profit of $1.7 million, primarily due to one-time adjustments for older builds and inventory cleanup.
  • Despite the negative gross profit, the company reported a net income of $2.2 million in Q3 2025, attributable to non-cash fair value gains from the conversion of debt to preferred stock.
  • The company is implementing cost reductions expected to yield over $2 million in annualized savings by 2026 and is expanding its product offerings to include Porsche 911 restomods and a partnership with Chelsea Truck Company for modern Land Rover Defender and Ineos Grenadier builds.
  • ECDA is actively working towards NASDAQ compliance, having received an extension until January 26, and has completed several Q4 transactions to support its equity position, including a $1 million Series C preferred stock sale and conversion of $1.5 million in convertible notes.
Nov 24, 2025, 9:30 PM
ECDA Reports Q3 2025 Results and Strategic Updates
ECDA
Earnings
Product Launch
Delisting/Listing Issues
  • ECDA reported Q3 2025 revenue of $5.8 million and a negative gross profit of $1.7 million, attributed to one-time adjustments related to legacy builds and inventory. Despite this, net income was positive $2.2 million, driven by non-cash fair value gains from the conversion of debt to preferred stock.
  • The company is implementing cost reduction measures, expecting over $1 million in annualized savings from June actions and an incremental $1 million annual saving from Q4 2025 actions, with the majority realized in 2026. Management anticipates margin normalization after addressing legacy builds and resetting the cost structure.
  • ECDA expanded its product offerings by formally entering the Porsche 911 restoration market and established a U.S. Distribution Alliance with Chelsea Truck Company to build modern Land Rover Defenders and Ineos Grenadiers.
  • To address NASDAQ compliance issues by January 26, 2026, ECDA received $1 million from Series C preferred stock sales, converted $1.5 million in convertible notes, and secured an equity purchase facility for up to $300 million in common stock sales.
Nov 24, 2025, 9:30 PM
ECDA Reports Q3 2025 Financial Results Amidst Strategic Diversification and Compliance Efforts
ECDA
Earnings
New Projects/Investments
Delisting/Listing Issues
  • ECD Automotive Design reported Q3 2025 revenue of $5.8 million, a decrease from the prior quarter and year-on-year, with a negative gross profit of $1.7 million primarily due to one-time adjustments for legacy builds and elevated costs.
  • Despite operational losses, the company recorded a net income of $2.2 million in Q3 2025, driven by non-cash fair value gains from the conversion of debt to preferred stock.
  • The company is implementing cost reduction measures, expecting over $2 million in annualized savings to be realized in 2026, and has streamlined operations.
  • ECDA is diversifying its product offerings by expanding into Porsche 911 restoration and forming a U.S. distribution alliance with Chelsea Truck Company for modern Land Rover Defender and Ineos Grenadier builds, aiming to broaden its market reach.
  • ECDA is actively addressing NASDAQ compliance issues, having received an extension until January 2026, and has undertaken capital raising activities including a $1 million Series C preferred stock sale, $1.5 million convertible note conversion, and an equity purchase facility for up to $300 million in common stock sales.
Nov 24, 2025, 9:30 PM
ECD Automotive Design Reports Third Quarter 2025 Financial Results
ECDA
Earnings
Product Launch
Convertible Preferred Issuance
  • ECD Automotive Design reported revenue of $5.8 million for the third quarter of 2025, a decrease from $6.4 million in the third quarter of 2024.
  • The company recorded a gross loss of $1.7 million in the third quarter of 2025, compared to a gross profit of $2.0 million in the prior-year period, primarily due to the completion of legacy builds and elevated tariff-related costs.
  • Net income was $2.2 million in the third quarter of 2025, an increase from a net loss of $2.6 million in the third quarter of 2024, reflecting a non-cash gain related to the conversion of debt into preferred stock.
  • ECD is implementing a cost-containment plan with over $1 million in annualized savings expected and has diversified its product offerings through a new collaboration with Chelsea Truck Company and entry into the Porsche restoration market.
Nov 21, 2025, 12:05 AM
ECD Automotive Design Announces Convertible Preferred Stock Issuance and Strategic Initiatives
ECDA
Convertible Preferred Issuance
M&A
Delisting/Listing Issues
  • ECD Automotive Design, Inc. entered into a securities purchase agreement with an accredited investor for the sale of Series C Convertible Preferred Stock.
  • On October 28, 2025, the company completed a first additional closing, selling 1,111 shares of Series C Preferred Stock for a discounted purchase price of $999,900.
  • The company plans to implement cost-reduction measures expected to result in annualized savings of approximately $1.6 million and pursue mergers, acquisitions, and strategic transactions to support growth, enhance margins, and regain compliance with the Nasdaq shareholder equity continued listing requirement.
Oct 28, 2025, 1:00 PM
ECDA Issues Warrants to Legal Counsel for Fee Payment
ECDA
Legal Proceedings
Delisting/Listing Issues
  • ECD Automotive Design, Inc. (ECDA) entered into an agreement with its securities counsel, Loeb & Loeb LLP, on September 24, 2025, to secure and pay approximately $2,090,000 in legal fees.
  • To settle these fees, ECDA issued a common stock purchase warrant to Loeb & Loeb LLP, allowing them to acquire 550,000 shares of the company's common stock at an exercise price of $0.01 per share. This number was based on the closing price of $3.80 per share on September 23, 2025.
  • The legal fees will be reduced dollar for dollar by the net proceeds Loeb realizes from the sale of the warrant shares.
  • The warrants are exercisable for three years, and Loeb & Loeb LLP received registration rights for the warrant shares, including one demand registration and unlimited "piggyback" registration rights for five years from September 24, 2025.
Sep 29, 2025, 1:26 PM