ECD Automotive Design Stock Price, News & Analysis

ECD Automotive Design (NASDAQ: ECDA), the leading Land Rover and Jaguar restoration company, has announced strategic initiatives to improve its financial position and operational efficiency. The company has completed a comprehensive review of its cost structure and capital allocation, implementing key measures including operational cost reduction, inventory management optimization, and securing lender support. Notably, ECDA has negotiated a waiver with existing lenders that resolves defaults, realigns covenants with current business plans, and provides a 12-month grace period from debt service obligations. The company, which specializes in custom luxury builds of Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs, and Toyota FJs, aims to maintain a leaner cost structure while continuing to deliver iconic custom vehicles.

ECD Automotive Design has unveiled the Jaguar E-Type GTO, a groundbreaking one-of-one bespoke vehicle known as The Bridgewater Commission. This open-top grand tourer combines Series I-III lineage with D-Type design elements, featuring a hand-formed aluminum body crafted in Coventry and completed in Florida. The vehicle boasts a rebuilt Jaguar V12 engine delivering over 400 bhp, custom-developed fuel injection, and modern cooling systems. The interior showcases GTS Classic Car Seats in Spinneybeck leather, Moal Bomber gauges, and modern amenities like Bluetooth audio and heated seats. The car features a Series II chassis, Series III engine power, and a custom removable hardtop. Recently featured in Forbes, the vehicle received high praise for its exceptional drivability and thrilling performance, marking a significant achievement in ECD's custom automotive design portfolio.

ECD Automotive Design (NASDAQ: ECDA) has partnered with German seat manufacturer Scheel-Mann to enhance the interior comfort of classic Land Rover Defenders. The collaboration introduces the Traveller F series front seats and custom-designed middle row seating, offering improved ergonomics, legroom, and luxury features comparable to modern SUVs. Key upgrades include heated and ventilated seats, the Scheel-Mann LRD Edition with lift-up cushions for easy access to batteries and tools, redesigned consoles with wireless chargers and biometric-secured storage, and optimized cabin layout for better space utilization. The partnership aims to modernize the Defender's interior while maintaining its classic appeal, addressing long-standing comfort issues while adding practical features for improved ownership experience.

ECD Automotive Design (NASDAQ: ECDA), the largest Land Rover and Jaguar restoration company, reported Q1 2025 financial results. Revenue was $6.4 million, down from $7.0 million in Q1 2024, with 20 vehicles delivered at an average price of $320,000. Gross profit increased to $1.8 million with margins expanding 570 basis points to 27.5%. The company reported a net loss of ($2.7) million, slightly improved from ($2.9) million year-over-year. Notable achievements include securing their highest-value contract to date - a $620,000 Jaguar E-Type GTO, opening their first retail "Store within a Store" in West Palm Beach, Florida, and expanding payment options via Bitpay. However, the company faces balance sheet challenges and is working to improve liquidity through expense rationalization and retail strategy expansion.

ECD Automotive Design (NASDAQ: ECDA) has unveiled Project '67 Ghost, a fully customized 1967 Mustang Fastback, marking its entry into the custom Mustang market. The vehicle features a 465-horsepower ROUSH 347 IR V8 engine and represents the first in a new line of bespoke Mustangs covering model years 1965-1970. Through an exclusive partnership with Roush Performance, ECD offers upgraded Small Block Ford V8s that maintain authenticity while improving reliability. The '67 Ghost showcases a High Gloss Mineral White exterior with Santorini Black Metallic rally stripes, rides on a Roadster Shop RS Spec chassis, and features modern amenities including heated Recaro seats, Apple CarPlay, and JBL premium audio. The company has already received multiple commissions for custom Mustang builds, including variants inspired by Shelby GT350s, Boss 427s, and Mach 1 models.

ECD Auto Design (NASDAQ: ECDA) has introduced its most powerful engine option yet: a 700+ horsepower BLUEPRINT V8 for its custom Land Rover Defenders and Range Rover Classic builds. The new powertrain, developed in response to client demand, builds upon ECD's extensive experience with LS-based platforms.

Key upgrades include a new front-end rotating assembly with integrated supercharger, enhanced cooling systems, upgraded transmission components, and refined ECU tuning. The powerful engine option is now available for Defender 90, 110, and 130 models, as well as Range Rover Classic builds, with the first client vehicle already in production.

ECD Auto Design unveils Project Beach Patrol, a custom Defender 90 soft-top restoration showcasing a vibrant Land Rover AA Yellow finish. Built at their 100,000-square-foot Florida facility, this one-of-one vehicle combines style with performance.

The vehicle features a powerful GM LS3 6.2L V8 engine delivering 430+ horsepower, paired with a 6-speed automatic transmission. Notable exterior elements include Narvik Black accents, 18" Satin Black Kahn wheels, and HELLA LED spotlights.

The interior boasts a 2+2 layout with Corbeau Trailcat seats in black Cadence Licorice leather, featuring yellow stitching. Modern amenities include USB ports, Pioneer audio system with CarPlay, digital rearview mirror, and blind spot monitoring.

As stated by Kevin Kastner, Chief Revenue Officer, the Beach Patrol represents "coastal escape, weekend freedom, and the confidence of driving something truly one-of-a-kind."

ECD Automotive Design (NASDAQ: ECDA) has unveiled Project Big Sky, a custom-built Defender 110 showcasing American craftsmanship and luxury design. The vehicle, assembled at ECD's 100,000-square-foot Florida facility, features a distinctive Fiat Light Blue exterior with Zermatt Silver accents.

The interior boasts Corbeau Trailcat seats in custom tan leather with diamond stitching, a 2+2+4 seating layout, and premium features including heated/cooled functionality. The vehicle is powered by a GM LT1 V8 engine delivering 455 horsepower, coupled with an 8-speed automatic transmission and ECD's proprietary Air Ride suspension.

Notable features include 18-inch Sawtooth wheels, BFGoodrich All-Terrain tires, a WARN 10,000 lb winch, LED spotlights, and a Focal Premium sound system. The interior is enhanced with Wenge wood paneling, a custom double center console, and dual wireless chargers.

ECD Automotive Design (NASDAQ: ECDA), the largest Land Rover and Jaguar restoration company, reported its Q4 and full-year 2024 financial results. Full-year revenue grew 29% to $25.2 million, with gross profit increasing 30% to $5.9 million.

However, the company reported a net loss of $10.8 million in 2024, compared to a $1.2 million loss in 2023. Q4 2024 revenue increased 10% to $5.3 million, but gross profit declined to $0.3 million from $1.2 million year-over-year, impacted by a non-cash $1.1 million write-down.

The company expanded its Kissimmee facility and launched retail locations in West Palm Beach and Nantucket. Notably, 12 completed vehicles' revenue will be recognized in H1 2025 due to pending title transfers. Cash position decreased to $1.5 million from $8.1 million in 2023.