TUGA Innovations, Inc.
TUGAF
Other OTC0.01
USD
- -
- -
ISIN
CA89904W1095
CUSIP
89904W109
Return %
Stock
S&P500
1Y
28.21
26.57
3Y
-93.32
76.60
5Y
-99.32
78.48
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
- John Hagie
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 409 Granville Street Vancouver BC Canada V6C 1T2
- IPO Date
- Jan 27, 2022
- Website
- tugainnovations.com
- Similar Companies
- Business
- TUGA Innovations, Inc. (CSE: TUGA, OTC: TUGAF, FRA: DQ5) develops specialized electric vehicles addressing urban mobility challenges through innovative design and production. Founded in 2021 and headquartered in Vancouver, British Columbia, Canada, the company focuses on a three-wheeled, fully electric fore-and-aft two-seat commuter platform featuring a patent-pending retractable rear axle for enhanced stability and agility, modular body styles adaptable for commuting, delivery, taxi, fleet, rental, ride-share, and leisure applications; advanced digital integration resembling a computer-on-wheels with computing power for environmentally aware experiences; and optional extendable chassis for improved access, all utilizing off-the-shelf parts for manufacturing efficiency. The TUGA vehicle targets urban dwellers, service providers, municipalities, and transportation operators in dense global markets including the Americas, Asia, Australia, Europe, the Middle East, and regions embracing small-form transport like Southeast Asia, South America, Africa, and India. Recent developments include a January 2024 funding round raising CAD 0.535 million via warrants issued to co-founder Cesar Barbosa, who increased his ownership to approximately 59.95% undiluted; the July 2024 Annual General Meeting confirming ongoing operations; a November 2025 memorandum of understanding with ARI Motors Industries SE and Faction Technologies for autonomous delivery technology integration into urban vehicles for U.S. and EU markets; and strategic emphasis on multimodal Mobility-as-a-Service (MaaS), augmented/virtual reality, and Middle East expansion with climate-adapted, autonomous-ready platforms. Operations span Canada and Portugal, with engineering led by Portuguese teams and a diverse leadership including CEO John Hagie and VP Cesar Barbosa.
CSE Bulletin: Reinstatement - TUGA Innovations, Inc. (TUGA)