Stocktoria
Fly-E Group, Inc. FLYE
Fly-E Group, Inc. (FLYE) earns a Piotroski F-score of 1/9 (weak financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2026 revenue was $19.1M at a -48.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 1/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.339 |
| Retained earnings / assets | -0.344 |
| EBIT / assets | -0.218 |
| Equity / liabilities | 1.447 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FLYE | Fly-E Group, Inc. | 1/9 | 1.16 | — | -25% |
| CENN | Cenntro Inc. | 2/9 | -17.18 | — | -42.2% |
| WKHS | Workhorse Group Inc. | 4/9 | -9.76 | — | — |
| REE | REE Automotive Ltd. | 2/9 | — | — | — |
| AIIO | ROBO.AI INC. | 2/9 | — | — | -92.1% |
| FFAI | FARADAY FUTURE INTELLIGENT ELECTRIC INC. | 3/9 | — | — | — |
| LOT | Lotus Technology Inc. | 4/9 | -12.15 | — | -43.8% |
About Fly-E Group, Inc.
Fly-E Group, Inc., through its subsidiaries, designs, installs, and sells smart electric motorcycles, electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States, Mexico, and Canada. The company offers e-mopeds, e-motorcycles, e-tricycles, and e-scooters; e-bikes, including city, foldable, standard; and traditional bikes. It also provides accessories and spare parts, such as raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, locks, and branded apparel; and upgrade components for wheels, shock absorbers, brake calipers, and carbon fiber body panels. In addition, the company offers after sales services consisting of repair; maintenance services, including exterior check, mechanical structure, motor system check, electrification, battery maintenance, tire pressure check, and cleaning services; and other value-added services, such as GPS add-on and installation, and theft reporting services. It sells its products to food delivery workers through distributors, and its retail and online stores. Fly-E Group, Inc. was founded in 2018 and is based in Flushing, New York.
FAQ
Is FLYE financially healthy?
Fly-E Group, Inc.'s Piotroski F-score is 1/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does FLYE pay a dividend?
No, Fly-E Group, Inc. does not currently pay a dividend.
How profitable is FLYE?
In FY2026, Fly-E Group, Inc. had a net margin of -48.6% and a return on equity of -53.1%.
Is FLYE a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Fly-E Group, Inc.: a Piotroski F-score of 1/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.