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Q2 2024 Maintains Strong Gross Margins While Revenue More Than Doubles, Drives Adjusted EBITDA of $0.4 Million Company's Reaffirms Full Year 2024 Revenue Guidance of $33.0 Million KISSIMMEE, Fla., Aug. 19, 2024 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ:ECDA) ("ECD" or the "Company"), the world's largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, announced today its financial results for the second quarter ended June 30, 2024. Company Highlights Revenues increased 129% to $8.9 million in the second quarter of 2024, compared to $3.9 million in the same
KISSIMMEE, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- ECD Auto Design (NASDAQ:ECDA) ("ECD" or the "Company"), the world's largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types and Ford Mustangs, will hold a conference call on Monday, August 19, 2024 at 4:30 PM Eastern Time to discuss its financial results for the second quarter 2024 ended June 30, 2024. Financial results will be issued in a press release prior to the call. Date: Monday, August 19, 2024Time: 4:30 PM Eastern Time (1:30 PM Pacific Time)U.S. dial-in number: 877-270-2148International number: 412-902-6510Webcast: 2Q24 Webcast Link The Compan
KISSIMMEE, Fla., April 30, 2024 /PRNewswire/ -- ECD Auto Design (NASDAQ:ECDA), the world's largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers and E-Types, proudly announces of the expansion of its product line to include classic one-of-a-kind Ford Mustangs, marking a significant milestone in the company's history. "Our America Strong team is dedicated to crafting each classic Mustang with unparalleled attention to detail"ECD has recently completed the acquisition of Brand New Muscle Car assets enabli
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KISSIMMEE, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- ECD Auto Design is excited to introduce Project Skywood, a one-of-one custom Land Rover Defender 110 destined for its new Pennsylvania home. This unique Defender does not hold back on any bells and whistles as it combines exceptional performance with exquisite interior craftsmanship, creating a luxurious and rugged vehicle perfectly suited to the diverse landscapes of its future home. Luxury at Every Angle Performance and Power At the heart of Project Skywood lies a powerful GM LS3 430 HP engine paired with a 6-speed automatic transmission, providing an exhilarating and smooth driving experience. Built with dur
KISSIMMEE, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ:ECDA) ("ECA Auto Design" or the "Company"), an industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, Ford Mustangs, and Toyota FJs announced the addition of experienced marketing executive, Kevin Kastner as Chief Revenue Officer (CRO). As CRO, Mr. Kastner will be tasked with driving sales and price point growth through new market channels. He will be responsible for managing all aspects of the revenue stream within the organization, with the aim of meeting or exceeding annual projections. Kevin will help develop our retail strategy that we intend to launch soon.
KISSIMMEE, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- ECD Auto Design, the premier builder of custom one-of-one luxury vehicles, proudly announces the debut of its latest masterpiece, "The Farmington Hills Commission." This unique Classic Jaguar E-Type restomod combines the iconic lines and heritage of the Jaguar E-Type with the powerhouse performance of a GM LT1 V8 engine, redefining elegance and power for the modern era. Created as a one-of-one commission, "The Farmington Hills Commission" will soon make its way to its new home in Michigan, embodying ECD's commitment to delivering bespoke automotive experiences tailored to the unique tastes of each client. With a GM LT1 V8 engine paired
ECD Auto Design, renowned for its unparalleled craftsmanship in custom one-of-one vehicle restoration, proudly announces the launch of its latest product line: the classic Toyota FJ retromod. This new venture marks a significant milestone in ECD's journey, celebrating the legacy of the iconic Toyota FJ while infusing it with modern automotive excellence.