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Phoenix Motor vs Scage Future: revenue, profit, margins and growth compared

Phoenix Motor brought in $31.2M of revenue in fiscal 2024, Scage Future $11.1M in fiscal 2025. Revenue changed by +897.9% at Phoenix Motor and +82.0% at Scage Future on the year before, so Phoenix Motor grew faster. Phoenix Motor kept 25.5% of its revenue as net profit, Scage Future -116.4%. Free cash flow was -$2.1M at Phoenix Motor and -$5.9M at Scage Future.

Side by side, latest fiscal year

PEVMSCAG
Fiscal year endedFY2024 (December 31, 2024)FY2025 (June 30, 2025)
Revenue$31.2M$11.1M
Revenue growth+897.9%+82.0%
Net income$7.9M-$12.9M
Net margin25.5%-116.4%
Free cash flow-$2.1M-$5.9M
Free cash flow margin-6.6%-53.1%
Earnings per share (diluted)$0.21-$0.18
Cash$764K$90.8K
Debt$141Kn/a
Price to earnings0.0n/a
Market value$12.9K$17.2M
Dividend yieldn/an/a
Rank by revenue in sector#796 of 955 · Consumer discretionary#870 of 955 · Consumer discretionary

Over the years

Revenue
PEVM FY2022: $3MPEVM FY2022: $4.3MPEVM FY2023: $3.1MPEVM FY2024: $31.2MSCAG FY2023: $438KSCAG FY2025: $6.1MSCAG FY2025: $11.1MFY22FY23FY24FY25
PEVM $31.2MSCAG $11.1M
Net income
PEVM FY2022: -$14.6MPEVM FY2022: -$12.7MPEVM FY2023: -$20.6MPEVM FY2024: $7.9MSCAG FY2023: -$6.4MSCAG FY2025: -$5.8MSCAG FY2025: -$12.9MFY22FY23FY24FY25
PEVM $7.9MSCAG -$12.9M
Net margin
PEVM FY2022: -490.9%PEVM FY2022: -293.4%PEVM FY2023: -661.3%PEVM FY2024: 25.5%SCAG FY2023: -1,469.8%SCAG FY2025: -95.1%SCAG FY2025: -116.4%FY22FY23FY24FY25
PEVM 25.5%SCAG -116.4%
Revenue growth
PEVM FY2022: +45.4%PEVM FY2023: -27.9%PEVM FY2024: +897.9%SCAG FY2025: +1,295.3%SCAG FY2025: +82.0%FY22FY23FY24FY25
PEVM +897.9%SCAG +82.0%
Free cash flow
PEVM FY2022: -$13.6MPEVM FY2022: -$16.2MPEVM FY2023: -$3.7MPEVM FY2024: -$2.1MSCAG FY2023: -$5.1MSCAG FY2025: -$6.3MSCAG FY2025: -$5.9MFY22FY23FY24FY25
PEVM -$2.1MSCAG -$5.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Phoenix Motor and Scage Future

Which is bigger by revenue, Phoenix Motor or Scage Future?

Phoenix Motor is bigger by revenue: $31.2M in fiscal 2024, against $11.1M for Scage Future in fiscal 2025.

Which keeps more of its revenue as profit, Phoenix Motor or Scage Future?

Phoenix Motor had a net margin of 25.5% in fiscal 2024; Scage Future had -116.4% in fiscal 2025.

Which grew revenue faster, Phoenix Motor or Scage Future?

In their latest fiscal years revenue changed by +897.9% at Phoenix Motor and +82.0% at Scage Future.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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