Added to YB: 2025-08-15
Pitch date: 2025-08-14
FLYE [bearish]
Fly-E Group, Inc.
+95.47%
current return
Author Info
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Company Info
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.
Market Cap
$135.5M
Pitch Price
$155.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
308.23
P/E
-6.82
EV/Sales
6.05
Sector
Automobiles
Category
N/A
Problems at Fly-E Group (FLYE)
FLYE short: Deadly e-bike battery fires (3+ deaths) linked to company by FDNY investigations. UL sued for false certifications ($1M settlement). Streetsblog reveals non-certified batteries and multiple violations. Shows pump-and-dump signs: high volume flat trading, 81% July crash. Late filings, Marcum audit, 29yo CFO, suspicious management history.
Read full article (3 min)