Fly-E Group Inc. Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025

Reuters

2025/07/16

Fly-E Group Inc. Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025

Fly-E Group Inc., an electric vehicle company specializing in E-motorcycles, E-bikes, and E-scooters, reported a 21.0% decline in net revenues for the fiscal year ending March 31, 2025. The company's revenues fell from $32.2 million in 2024 to $25.4 million in 2025, reflecting a decrease of $6.8 million. The cost of revenues also decreased by 21.6%, totaling $15.0 million in 2025, down from $19.1 million the previous year. Consequently, gross profit declined by 20.3%, from $13.1 million in 2024 to $10.5 million in 2025. Fly-E Group Inc. continues to focus on encouraging eco-friendly transportation through its Fly E-Bike brand, offering a range of electric transportation solutions. The company did not provide a specific outlook or guidance for the upcoming fiscal year in this report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fly-E Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-064293), on July 15, 2025, and is solely responsible for the information contained therein.

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Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fly-E Group Inc. Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Fly-E Group Inc., an electric vehicle company specializing in E-motorcycles, E-bikes, and E-scooters, reported a 21.0% decline in net revenues for the fiscal year ending March 31, 2025. The company's revenues fell from $32.2 million in 2024 to $25.4 million in 2025, reflecting a decrease of $6.8 million. The cost of revenues also decreased by 21.6%, totaling $15.0 million in 2025, down from $19.1 million the previous year. 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Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-16 04:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fly-E Group Inc. Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Fly-E Group Inc., an electric vehicle company specializing in E-motorcycles, E-bikes, and E-scooters, reported a 21.0% decline in net revenues for the fiscal year ending March 31, 2025. The company's revenues fell from $32.2 million in 2024 to $25.4 million in 2025, reflecting a decrease of $6.8 million. The cost of revenues also decreased by 21.6%, totaling $15.0 million in 2025, down from $19.1 million the previous year. Consequently, gross profit declined by 20.3%, from $13.1 million in 2024 to $10.5 million in 2025. Fly-E Group Inc. continues to focus on encouraging eco-friendly transportation through its Fly E-Bike brand, offering a range of electric transportation solutions. The company did not provide a specific outlook or guidance for the upcoming fiscal year in this report.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fly-E Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-064293), on July 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FLYE","symbol_name":"FLY-E Group Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250715:nNDL2Ncv4N:1","article_id":"2551019243","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551019243","pubTimestamp":1752612341,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Fly-E Group Inc., an electric vehicle company specializing in E-motorcycles, E-bikes, and E-scooters, reported a 21.0% decline in net revenues for the fiscal year ending March 31, 2025. 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Reports 21% Drop in Net Revenues for Fiscal Year Ending March 31, 2025\n    \n\n        Fly-E Group Inc., an electric vehicle company specializing in E-motorcycles, E-bikes, and E-scooters, reported a 21.0% decline in net revenues for the fiscal year ending March 31, 2025. The company's revenues fell from $32.2 million in 2024 to $25.4 million in 2025, reflecting a decrease of $6.8 million. The cost of revenues also decreased by 21.6%, totaling $15.0 million in 2025, down from $19.1 million the previous year. Consequently, gross profit declined by 20.3%, from $13.1 million in 2024 to $10.5 million in 2025. Fly-E Group Inc. continues to focus on encouraging eco-friendly transportation through its Fly E-Bike brand, offering a range of electric transportation solutions. The company did not provide a specific outlook or guidance for the upcoming fiscal year in this report.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fly-E Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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