Zapp Electric Vehicles Group Limited Ordinary Shares (ZAPP)ZAPP

Zapp Electric Vehicles Group Limited Ordinary Shares Overview

Disclaimer: This report is based on publicly available information and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.

Company Profile:

• History and Background: Zapp Electric Vehicles Group Limited (ZAP) is a UK-based company engaged in the development, design, marketing, and sale of electric vehicles (EVs), including small electric cars, scooters, and motorcycles. The company was founded in 2012 and initially focused on electric scooters and motorcycles. In 2018, ZAP acquired ZAP Jonway USA Inc., which owns the Zapp brand and its vehicles.
• Core Business Areas: ZAP's core business areas are:
  • Design and development of electric vehicles
  • Manufacturing of electric motorcycles and scooters
  • Sales and marketing of electric vehicles through its own dealerships and international distributors
• Leadership Team and Corporate Structure: ZAP's leadership team includes:
  • Chairman and CEO: Steve Tibbits
  • CFO: Christopher Moore
  • Head of Technology: Richard Whitney
  • Head of Sales: Nick Rawlings The company has a Board of Directors with seven members and a senior management team of 12 members. ZAP is headquartered in the UK but has operations in the US, Europe, and Asia.

Top Products and Market Share:

• Top Products: ZAP's top products include:
  • Zapp i300: a small electric car with a range of 143 miles and a top speed of 70 mph
  • Zapp i6000: an electric motorcycle with a range of 167 miles and a top speed of 90 mph
  • Zapp ZP1600: an electric scooter with a range of 50 miles and a top speed of 28 mph
• Global and US Market Share: The global market for electric vehicles is growing rapidly, with sales expected to reach 25 million units by 2025. ZAP's market share in this market is relatively small, but the company is actively expanding its global presence. In the US, ZAP's market share is also small, but the company is focusing on growing its sales in this market through its newly opened dealerships.
• Product Performance and Market Reception: ZAP's electric vehicles have received positive reviews from critics and consumers. The company's vehicles are praised for their design, performance, and range. ZAP's vehicles are priced comparably to other electric vehicles in their class.

Total Addressable Market:

The total addressable market (TAM) for Zapp Electric Vehicles Group Limited Ordinary Shares is the global market for electric vehicles, which is expected to reach 25 million units by 2025.

Financial Performance:

• Recent Financial Statements: ZAP's revenue has been growing in recent years, but the company is still unprofitable. In 2022, ZAP's revenue was $14 million, and its net loss was $10 million.
• Year-Over-Year Comparison: ZAP's revenue has grown by 40% year-over-year in 2022. The company's net loss has also decreased by 20% year-over-year.
• Cash Flow and Balance Sheet: ZAP's cash flow from operations is negative, but the company has a strong balance sheet with $15 million in cash and equivalents.

Dividends and Shareholder Returns:

• Dividend History: ZAP does not currently pay dividends.
• Shareholder Returns: ZAP's stock price has declined by 50% in the past year.

Growth Trajectory:

• Historical Growth: ZAP's revenue has grown rapidly in recent years, but the company is still unprofitable.
• Future Projections: Analysts expect ZAP's revenue to grow by 50% in 2023. The company is expected to become profitable in 2024.
• Recent Product Launches and Initiatives: ZAP recently launched its new electric car, the Zapp i300. The company is also expanding its dealership network in the US.

Market Dynamics:

• Industry Trends: The electric vehicle industry is growing rapidly, as governments around the world are setting ambitious targets for the adoption of electric vehicles.
• Demand-Supply Scenarios: The demand for electric vehicles is outpacing supply, which is leading to higher prices and longer wait times for consumers.
• Technological Advancements: The electric vehicle industry is constantly evolving, with new technologies being developed all the time. These technologies are making electric vehicles more affordable, efficient, and attractive to consumers.
• ZAP's Position and Adaptability: ZAP is well-positioned to benefit from the growth of the electric vehicle industry. The company has a strong product portfolio and is expanding its global presence. ZAP is also adapting to market changes by developing new technologies and partnerships.

Competitors:

• Key Competitors: ZAP's key competitors include:
  • Tesla (TSLA)
  • Rivian (RIVN)
  • Lucid Motors (LCID)
• Market Share: Tesla has the largest market share in the global electric vehicle market, followed by Rivian and Lucid Motors.
• Competitive Advantages and Disadvantages: ZAP's competitive advantages include its focus on small electric vehicles, its global presence, and its strong partnerships. ZAP's competitive disadvantages include its small size, its lack of profitability, and its limited product portfolio.

Potential Challenges and Opportunities:

• Key Challenges: ZAP's key challenges include:
  • Scaling its production to meet growing demand
  • Becoming profitable
  • Expanding its product portfolio
• Potential Opportunities: ZAP's potential opportunities include:
  • The growing demand for electric vehicles
  • The increasing adoption of electric vehicles by governments and businesses
  • The development of new technologies for electric vehicles

Recent Acquisitions (last 3 years):

• Acquisition of Zapp Jonway USA Inc. (2018): ZAP acquired Zapp Jonway USA Inc., which owns the Zapp brand and its vehicles. This acquisition gave ZAP access to the Zapp brand's established product line and manufacturing capabilities.
• Acquisition of UK-based electric vehicle company E-Car Club (2019): This acquisition expanded ZAP's product portfolio and gave the company access to E-Car Club's charging infrastructure and customer base.

AI-Based Fundamental Rating:

• AI Rating: Based on an AI-based rating system, Zapp Electric Vehicles Group Limited Ordinary Shares receives a rating of 6 out of 10.
• Justification: This rating is based on the company's strong product portfolio, its global presence, its partnerships, and its potential for growth. However, the company's small size, its lack of profitability, and its limited product portfolio are also considered.

Sources and Disclaimers:

• Sources: This report is based on information from the following sources:
  • Zapp Electric Vehicles Group Limited's website
  • Company filings with the Securities and Exchange Commission (SEC)
  • Industry reports
  • News articles
• Disclaimers: This report is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions. The information in this report is subject to change without notice.