Armor Electric, Inc.
ARME
Other OTC0.00
USD
+0.00
- -
ISIN
US0422591018
Return %
Stock
S&P500
1Y
9,900.00
26.53
3Y
-50.00
76.60
5Y
-91.67
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Mehdi Heidarian
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- United States of America
- IPO Date
- Jun 30, 2023
- Similar Companies
- Business
- Armor Electric, Inc. is recognized as a company involved in the development and commercialization of electric vehicles, alongside creating electronic propulsion and specialized battery power systems for various electric mobility applications. The enterprise maintains extensive rights, secured through an agreement with NuAge Electric, Inc., to deploy particular proprietary technologies for integrating electric propulsion systems across a diverse array of vehicle types. This broad scope includes mountain bicycles, conventional cycles, children's riding toys and recreational vehicles, all-terrain vehicle units, personal scooters, motorcycles, go-karts, Neighborhood Electric Vehicles, race cars, standard passenger cars, public buses, and other two- and three-wheeled conveyances, as well as watercraft and related products. Established in 1998, the company initially operated as Armor Enterprises, Inc. before adopting its current name in June 2004, and is primarily based in Redondo Beach, California, functioning as a subsidiary of Nu Age Electric Inc.. While its foundational purpose centered on these innovations, it has been noted as a development-stage entity with limited recent operational or financial updates in the electric vehicle sector.