Taiga Motors Corporation

Taiga Motors Corporation

TAIMF
Taiga Motors CorporationUS flagOther OTC
0.22
USD
- -
- -
7.13MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.1
- -
0.61
Basic EPS, GAAP
- -
-0.06
-0.06
-0.17
-0.17
-5.72
-1.88
- -
-2.32
Free Cash Flow per Basic Share
- -
-0.03
-0.02
-0.01
-0.01
-3.33
-1.94
- -
-1.91
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.07
-0.12
-0.29
-3.77
5.98
1.52
- -
-1.22
Tangible Book Value per Share
- -
-0.07
-0.12
-0.28
-3.76
6.55
1.66
- -
-0.8
Basic Weighted Avg Shares
- -
31
31
31
31
17
32
- -
32
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
3
16
19
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-1,847.85
-423.87
-341.41
Depreciation Expense
- -
- -
- -
- -
- -
1
5
7
7
Net Income, GAAP
- -
-2
-2
-5
-5
-100
-60
-72
-74
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-1,852.87
-449.54
-379.43
Working Capital
- -
-2
-3
-8
-116
105
37
25
13
LT Debt
- -
1
- -
- -
3
11
12
67
67
Total Equity
- -
-2
-4
-9
-116
123
66
-1
-15
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
-78
- -
-135.63

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
1
2
6
LT Borrowings
42
58
58
LT Finance Leases
9
9
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
40
28
19

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
50
46
39
Cash, Cash Equivalents & STI
6
5
3
Accounts Receivable, Net
8
1
- -
Inventories
32
33
32
Total Current Liabilities
20
21
26
Payables & Accruals
16
15
16
ST Debt
1
2
6
Deferred Revenue
2
3
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
202.3%
-101.23%
Free Cash Flow
- -
- -
19.43%
Net Income, GAAP
- -
- -
21.81%
Sales/Revenue/Turnover
- -
- -
402.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
1
1
3
2023
2
4
4
6
16
2024
5
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.29
-0.35
-0.49
- -
-1.88
2023
-0.41
-0.54
-0.63
- -
- -
2024
-0.45
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Samuel Bruneau
Full Time Employees
304
Sector
Consumer Cyclical
Industry
Auto - Recreational Vehicles
Address
2695 Dollard Avenue Lasalle QC Canada H8N 2J8
IPO Date
Jul 16, 2021
Business
Taiga Motors Corporation is a Canadian company specializing in the design, development, production, and distribution of electric powersport vehicles. Founded in 2015 and headquartered in Lasalle, Canada, Taiga offers a range of 100% electric off-road vehicles focused on recreational and commercial markets. Its core product portfolio includes electric snowmobiles under the Nomad Utility, Atlas Crossover, and Ekko Mountain brands, as well as electric personal watercraft under the Orca Sport, Orca Performance, and Orca Carbon brands. Alongside vehicles, the company provides accessories, replacement parts, clothing and apparel, and customized vehicle upgrade services. Taiga sells its products through direct-to-consumer channels via its website, direct fleet sales, supply of powertrain assemblies to original equipment manufacturers, and aftermarket distribution through selected service providers. Taiga leverages proprietary vertically integrated and modular hardware and software platforms designed for high performance and cost efficiency, with breakthrough electric powertrain technology enabling extreme power-to-weight ratios and enhanced thermal management. In 2025, the company reached a significant operational milestone with the restart of manufacturing and customer deliveries of the 2025 MY Orca watercraft featuring advanced battery cooling technology that delivers up to 65% more power and doubled peak DC fast charging rates. Taiga also launched new automated vehicle assembly and battery production lines at its Montreal facility, scaling production capacity to 8,000 combined units annually to support global customers and supply powertrain components to marine manufacturers. The company plans to begin production of new electric snowmobiles in late 2025 to meet growing international demand. Recent strategic developments include a new global alliance with leading marine electrification companies such as Vita, Evoy, and Aqua superpower to enhance technological innovation and production capabilities. Taiga continues to expand its omnichannel sales network globally, focusing on sustainable growth and cost efficiency following prior years of major investments in new product launches. The company maintains a strong emphasis on integrating software enhancements, including new connected cloud mobile applications, to improve fleet management, vehicle customization, and customer experience. Taiga targets a diverse customer base comprising recreational users, commercial fleet operators, and outdoor adventure seekers across North America and expanding into international markets. This comprehensive approach positions Taiga Motors as a pioneer in electric powersports, delivering innovative, sustainable, and high-performance off-road vehicles and marine watercraft while scaling operations to capitalize on a rapidly growing market demand.

Company News

APIChatGPT
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