eVTOL aircraft manufacturer EHang Intelligent's 2024Q2 revenue increased 9 times year-on-year, turning losses into profits after adjustments

According to news from this website on August 22, eVTOL aircraft manufacturer EHang Intelligent announced today its unaudited financial results for the second quarter of 2024: total revenue reached 102 million yuan, a record high in the company’s history, with a year-on-year increase of 919.6% and a month-on-month increase of 65.3%. %; net loss was 71.6 million yuan, compared with 75.7 million yuan in the same period last year; adjusted net profit was 1.15 million yuan, turning a profit year-on-year; 49 EH216 series aircraft were delivered in Q2, a record high.

In the third quarter of 2024, the company expects total revenue to be approximately 123 million yuan, a year-on-year increase of approximately 329.8%.

1. In April this year, EHang EH216-S became the world’s first eVTOL aircraft with three complete certificates, obtaining a type certificate (TC), airworthiness certificate (AC), and production license (PC).

2. According to the parameter query on this website, the EH216-S is 5.73 meters long and 1.93 meters high. Officially claims that it can be fully charged within two hours, with a maximum flight speed of 130 kilometers/hour and a battery life of 25 minutes. The design range is 30 kilometers.
3. EH216-S can be used in manned transportation, tourism, logistics and transportation, medical emergency and other scenarios. It is currently priced at 2.39 million yuan.

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