# FLY-E GROUP, INC. (FLYE) · Edgar & Edgarette company card

> Fly-E Group (FLYE) saw revenue fall 25.0% in FY2026 to $19 million, operating margin -33.8% against a -2.1% median for motor vehicles & passenger car bodies, equity 59.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1975940 · fiscal year ended 2026-03-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/FLYE) · [JSON](https://www.pops4.com/boards/company/FLYE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $19M |
| Revenue growth, 1 year | -25.0% |
| Revenue growth per year | -4.3% |
| Operating margin | -33.8% (prior year -17.9%) |
| Net margin | -48.6% |
| Operating cash flow | −$14M |
| Capital spending | $74,609 |
| Free cash flow | −$14M |
| Cash | $265,236 |
| Long-term debt | $6M |
| Total assets | $29M |
| Total equity | $17M |
| Equity ÷ assets | 59.1% |
| Return on equity | -53.1% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.16 (grey zone)
- Piotroski F: 1 of 9 (weak)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice, debt accelerated or triggered, late quarterly report notice, auditor change in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -33.8% in FY2026; revenue is hard to predict: its 80% range is ±57%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $19.1M (FY2026), total debt $6.0M. Experience: revenue down 25.0% on the year, down 4.3% a year over 3 years; operating margin -33.8%, down from -17.9%. Soundness: equity 59.1% of assets, return on equity -53.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $8.3M and $30.7M next year (method v4.1: its own 3-year record of growth weighed at 40% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $7.6M to $33.6M. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, motor vehicles & passenger car bodies): operating margin -33.8% against a -2.1% median; growth -25.0% against -0.0%.

Range logged 2026-09-25, receipt 05b8ee7cfb34caa8, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-06-30 ([filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026073785/0001213900-26-073785-index.htm))
- Item 3.01 Exchange listing notice or transfer: 6, latest 2026-09-03 ([filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026097254/0001213900-26-097254-index.htm))
- Item 2.04 Debt accelerated or triggered: 1, latest 2026-11-04 ([filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026116000/0001213900-26-116000-index.htm))
- Item NT 10-Q Late quarterly report notice: 3, latest 2026-08-14 ([filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026090228/0001213900-26-090228-index.htm))
- Item 4.01 Auditor change: 1, latest 2026-03-12 ([filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026027059/0001213900-26-027059-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-09-11 ([filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026099368/0001213900-26-099368-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 2.04 Triggering Events That Accelerate a Financial Obligation · [filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026116000/0001213900-26-116000-index.htm)
- DEF 14A · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026113898/0001213900-26-113898-index.htm)
- 8-K · filed 2026-09-11 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026099368/0001213900-26-099368-index.htm)
- 8-K · filed 2026-09-03 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026097254/0001213900-26-097254-index.htm)
- 10-Q · filed 2026-09-01 · [filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026096305/0001213900-26-096305-index.htm)
- 8-K · filed 2026-07-29 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1975940/000121390026082915/0001213900-26-082915-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001975940.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1975940

## Cite

POPS4, Edgar & Edgarette: FLY-E GROUP, INC. (FLYE) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/FLYE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.