Financial Data and Key Metrics Changes - ECD Automotive Design reported third-quarter revenue of $5.8 million, a decrease of $1.2 million compared to Q2 2025 and a decrease of $0.6 million year-on-year [24] - Gross profit for the quarter was negative $1.7 million, down $3.1 million from Q2 2025 and down $3.7 million from Q3 2024, primarily due to the completion of older builds [24] - Total operating expenses were $3.4 million, a decrease of $0.6 million from the prior quarter but an increase of $0.8 million from Q3 2024 [26] - Loss from operations was $5.1 million, an increase of $2.5 million from the prior quarter and $4.5 million from the prior year period [27] - Net income was $2.2 million compared to a net loss of $4.3 million in the prior quarter and a net loss of $2.6 million in Q3 2024, attributed to non-cash fair value gains from debt conversion [27] Business Line Data and Key Metrics Changes - The company focused on clearing production of older vehicles, which impacted gross margin, but is now shifting to new client builds with healthier economics [10] - The average selling prices of completed vehicles range between $300,000 and $400,000, with almost 700 vehicles completed to date [9] Market Data and Key Metrics Changes - ECD operates in a $90 billion-plus global classic car ecosystem, with a capital-light model and scalable manufacturing [7] - The company is expanding into high-demand segments, including Porsche 911 restorations, which are expected to elevate average selling prices and drive efficiencies [14] Company Strategy and Development Direction - ECD is diversifying its product offerings and has recently entered the Porsche market with a bespoke Porsche 911 restoration program [13] - The collaboration with Chelsea Truck Company aims to create modern luxury builds, expanding the total addressable market and leveraging existing factory capacity [18] - The company is also opening a second channel through partnerships with dealerships to offer ECD upgrade packages on new vehicle purchases [21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged elevated costs from tariffs and shipping, but is implementing measures to optimize sourcing and reshape vendor strategies [10] - The company remains confident in achieving NASDAQ compliance by early 2026 and is focused on executing its growth strategy to deliver long-term value to shareholders [23][30] Other Important Information - ECD received an extension until January 26 to resolve bid price and shareholder equity deficits [23] - The company has initiated sales of common stock under an equity purchase facility agreement, providing capacity for up to $300 million in common stock sales [29] Q&A Session Summary Question: What is the company's strategy for compliance with NASDAQ? - The company is diligently working to resolve bid price and shareholder equity deficits and remains confident in achieving compliance early in 2026 [23] Question: How is the company addressing elevated costs? - Management is evaluating opportunities to reduce shipping and tariff expenses while optimizing sourcing and vendor strategies [10] Question: What are the expectations for the Porsche 911 program? - The company expects to deliver additional Porsche 911 commissions next calendar year and believes this segment could become a meaningful contributor to its offerings [16]

Core Insights - ECD Automotive Design, Inc. has achieved recognition for its Project Gravette Porsche 993, winning Best in Show – European Modified Division at the 2025 Festivals of Speed [2][4] - This marks ECD's first Porsche 911 build, showcasing the company's craftsmanship and design capabilities [3][5] - The company continues to expand its portfolio by adding Porsche 911s to its lineup of custom luxury vehicles [4][6] Company Overview - ECD Automotive Design specializes in restoring luxury vehicles, combining classic aesthetics with modern performance [7] - The company was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled craftsmen [7] - Each vehicle is custom-built, requiring approximately 2,200 hours of labor, and is designed through a collaborative process with clients [7] Recent Achievements - Project Gravette joins other award-winning builds from ECD in 2025, including The Wellesley Commission Jaguar E-Type and Project Ghost Mustang, both recognized for their design and engineering excellence [5] - The recognition at the Festivals of Speed validates ECD's approach of blending heritage design with modern luxury [4][5]

Core Insights - ECD Automotive Design has launched an exclusive VIP Test Drive program, allowing clients to experience custom-designed vehicles at their convenience [2][4] - The program is available within a 75-mile radius of ECD's locations, providing a personalized test drive experience with an ECD Ambassador [3][4] - ECD's facility, known as the Rover Dome 2.0, spans 100,000 square feet and features multiple production lines and specialized areas for vehicle restoration [6][10] Company Overview - ECD Automotive Design specializes in restoring luxury vehicles, combining classic aesthetics with modern performance [10] - The company was founded in 2013 by three British automotive enthusiasts and employs 105 skilled workers, holding a total of 80 ASE certifications [10] - Each vehicle restoration process takes approximately 2,200 hours, resulting in bespoke, one-off vehicles tailored to client specifications [10] Facility and Experience - The facility includes a dedicated paint area, parts warehouse, showroom, and offices, showcasing a commitment to high-quality craftsmanship [6][8] - ECD offers an open-door policy for facility tours, allowing clients and enthusiasts to witness the restoration process and meet the team [5][8] - The tour includes a detailed walkthrough of the build process and an onsite test drive of fully restored classic vehicles [8]

Core Insights - ECD Auto Design has introduced a new 700+ horsepower BLUEPRINT V8 engine, available as an upgrade for the Defender lineup and Range Rover Classic builds, marking a significant enhancement in performance options for luxury SUVs [2][9]. Company Overview - ECD Auto Design is a public company listed on NASDAQ under the ticker ECDA, specializing in the restoration of luxury vehicles, combining classic aesthetics with modern performance [10]. - Founded in 2013 by three British automotive enthusiasts, the company operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled craftsmen with extensive certifications [10]. Product Development - The new BLUEPRINT V8 engine is a response to client demand, integrating decades of experience with LS-based drivetrains to deliver a powerful yet classic driving experience [3][4]. - Key upgrades for the 700+ HP configuration include a new front-end rotating assembly, enhanced cooling systems, upgraded transmission and differentials, and refined ECU tuning [7][5]. Market Positioning - The 700HP option is designed for clients seeking a blend of classic design and modern performance, appealing to performance-focused collectors and luxury clients [9][8]. - ECD emphasizes a bespoke process, allowing clients to customize their vehicles extensively, with each build taking approximately 2,200 hours to complete [10].