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Complete financial analysis of Mullen Automotive, Inc. (MULN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Mullen Automotive, Inc., a leading company in the Auto – Manufacturers industry within the Consumer Cyclical sector.
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Mullen Automotive, Inc. (MULN)
About Mullen Automotive, Inc.
Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 366.00K | 0.00 | 65.71M | 65.00M | 65.79M | 65.79M | 60.06M | 54.29M | 40.24M | 21.19M | 18.75M | 1.41M | 0.00 |
| Cost of Revenue | 273.88K | 3.72M | 1.23M | 58.90M | 57.84M | 58.07M | 53.77M | 49.17M | 0.00 | 15.88M | 13.37M | 1.10M | 715.83K |
| Gross Profit | 92.12K | -3.72M | 64.48M | 6.10M | 7.94M | 7.72M | 6.29M | 5.11M | 40.24M | 5.31M | 5.37M | 314.66K | -715.83K |
| Gross Profit Ratio | 25.17% | 0.00% | 98.13% | 9.39% | 12.08% | 11.73% | 10.48% | 9.42% | 100.00% | 25.06% | 28.67% | 22.28% | 0.00% |
| Research & Development | 77.39M | 21.65M | 3.01M | 1.67M | 873.56K | 154.46K | 88.65K | 178.29K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 189.44M | 67.83M | 16.41M | 9.20M | 8.77M | 0.00 | 10.63M | 8.80M | 0.00 | 0.00 | 28.17M | 14.58M | 0.00 |
| Selling & Marketing | 8.44M | 4.41M | 413.77K | 156.24K | 1.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 197.89M | 72.24M | 16.82M | 9.36M | 10.27M | 9.76M | 10.63M | 8.80M | 0.00 | 0.00 | 28.17M | 14.58M | 0.00 |
| Other Expenses | 102.59M | 1.96M | 1.04M | 848.45K | 985.57K | 0.00 | 0.00 | 0.00 | -50.76M | 12.56M | 21.95M | 2.85M | 0.00 |
| Operating Expenses | 376.74M | 95.85M | 20.87M | 11.87M | 12.13M | 9.76M | 10.63M | 8.80M | -50.76M | 12.56M | 50.12M | 17.43M | 0.00 |
| Cost & Expenses | 378.14M | 95.85M | 20.87M | 11.87M | 12.13M | 70.12M | 68.66M | 63.12M | 50.76M | 28.44M | 63.50M | 18.53M | 715.83K |
| Interest Income | 0.00 | 26.95M | 21.17M | 18.09M | 29.17M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 38.34K |
| Interest Expense | 4.99M | 26.95M | 21.17M | 18.09M | 29.17M | -847.18K | -1.19M | -1.46M | -3.58M | -3.71M | -2.98M | 299.69K | 0.00 |
| Depreciation & Amortization | 16.39M | 3.72M | 1.23M | 3.04M | 3.12M | 2.45M | 2.53M | 3.47M | 2.51M | 2.36M | 2.24M | 532.09K | 0.00 |
| EBITDA | -490.03M | -96.99M | -20.28M | -1.49M | -2.33M | -1.72M | -6.30M | -8.69M | -7.13M | -4.09M | -42.66M | -15.98M | -715.83K |
| EBITDA Ratio | -133,887.39% | 0.00% | -33.04% | -17.14% | -17.12% | -5.19% | -14.45% | -21.39% | -35.77% | -54.55% | -259.33% | -1,131.39% | 0.00% |
| Operating Income | -377.77M | -96.99M | -22.40M | -12.09M | -12.20M | -4.33M | -8.60M | -8.84M | -10.52M | -7.25M | -44.75M | -17.11M | -715.83K |
| Operating Income Ratio | -103,216.49% | 0.00% | -34.10% | -18.61% | -18.54% | -6.58% | -14.31% | -16.28% | -26.15% | -34.20% | -238.65% | -1,211.66% | 0.00% |
| Total Other Income/Expenses | -639.87M | -643.33M | -21.84M | -18.08M | -28.64M | -691.61K | -1.43M | -4.78M | -2.81M | -2.92M | -15.21M | 4.05M | 38.34K |
| Income Before Tax | -1.02B | -740.32M | -44.24M | -30.18M | -40.84M | -5.02M | -10.02M | -13.62M | -13.33M | -10.21M | -47.89M | -16.81M | -677.49K |
| Income Before Tax Ratio | -278,045.71% | 0.00% | -67.33% | -46.43% | -62.08% | -7.63% | -16.69% | -25.08% | -33.12% | -48.20% | -255.40% | -1,190.28% | 0.00% |
| Income Tax Expense | -10.99M | 1.60K | 21.17M | 18.10M | 29.17M | -86.55K | -109.56K | -128.54K | 1.51M | -29.25K | -213.28K | -119.73K | 0.00 |
| Net Income | -972.25M | -740.32M | -65.41M | -48.28M | -70.01M | -4.94M | -9.91M | -13.49M | -14.84M | -10.19M | -47.67M | -16.69M | -677.49K |
| Net Income Ratio | -265,643.33% | 0.00% | -99.55% | -74.28% | -106.42% | -7.50% | -16.50% | -24.84% | -36.88% | -48.06% | -254.26% | -1,181.80% | 0.00% |
| EPS | -157.41K | -59.87K | -284.60K | -245.74K | -389.72K | -28.71K | -113.36K | -2.32M | -2.56M | -544.40K | -3.77M | -1.76M | -265.10K |
| EPS Diluted | -157.41K | -59.87K | -284.60K | -245.74K | -389.72K | -28.71K | -113.36K | -2.32M | -2.56M | -544.40K | -3.77M | -1.76M | -265.10K |
| Weighted Avg Shares Out | 6.13K | 12.37K | 229.83 | 196.48 | 179.64 | 171.93 | 87.45 | 5.80 | 5.80 | 18.71 | 12.65 | 9.49 | 2.56 |
| Weighted Avg Shares Out (Dil) | 6.13K | 12.37K | 229.83 | 196.48 | 179.64 | 171.93 | 87.45 | 5.80 | 5.80 | 18.71 | 12.65 | 9.49 | 2.56 |
MULN Stock Alert: Why Are Mullen Shares Surging Today?
Yesterday, Mullen Automotive (NASDAQ: MULN ) finished trading at less than $1 per share at close of markets. Many stocks took significant losses that day but for Mullen, this type of performance is particularly concerning.
MULN Stock Alert: Mullen Plummets Below $1 Amid Market Rout
Last Friday, Mullen Automotive (NASDAQ: MULN ) stock closed below $1. That poses a significant problem for the electric vehicle (EV) company, as it will receive a deficiency notice if its shares close below $1 for 30 consecutive business days.
Mullen Announces bizEV Lease Program for Class 1 EV Cargo Vans
3-year lease option, starting at $475 per month plus applicable taxes and fees, includes scheduled vehicle maintenance
MULN Stock Flirts with $1 as Mullen Files to Resell Up to 85 Million Shares
Shares of Mullen Automotive (NASDAQ: MULN ) are once again near the pivotal $1 level. This comes despite the company enacting three reverse stock splits in 2023 — 1-for-25, 1-for-9 and 1-for-100.
Mullen Announces the Purchase of Mullen CAMPUS EVs by Global Transportation and Logistics Leader, DB Schenker
Vehicles currently in use on Intel's technology campus in Chandler, Arizona, for mail and package delivery; plans for additional vehicle orders to follow
Get Your Money Out of These 3 EV Stocks by 2025
It is evident that the electric vehicle (EV) industry has massive potential for long-term growth and sustainability, which makes these EV stocks a solid investment. This year has been highly profitable for several global industries, and the EV industry is...
Mullen Announces European Distributor, GAMA, Purchases 29 Mullen GOs for Balkans Region
29-unit Mullen GO order is valued at $304,000 USD with 15% deposit paid upfront and full payment due upon early August shipment to GAMA 29-unit Mullen GO order is valued at $304,000 USD with 15% deposit paid upfront and full...
Bollinger Motors Takes Next Step to Bring B4 Chassis Cab to Market with Announcement of Warranty Coverage
DETROIT , July 23, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, releases its full warranty coverage on the Bollinger B4 Chassis Cab, the company's all-new, all-electric Class 4 commercial truck. Under the warranty, Bollinger will...
Mullen Subsidiary, Bollinger Motors, Announces Warranty Coverage for B4 Chassis Cab EV Truck
The EPA certified B4 provides one of the strongest warranties in the commercial market today Warranty includes: Bumper-to-bumper, 3-year/36,000-miles; powertrain, 5-year/50,000-mile; high-voltage battery, 8-year/100,000-miles; frame rails and cross-members, 5-years/unlimited miles; corrosion (perforation only), 5-years/unlimited miles BREA, Calif., July 23, 2024...
Mullen Announces Class 3 EV Truck Purchase from the City of Dublin, Ohio
Mullen is currently negotiating with multiple government agencies to provide its Class One and Three vehicles and will be announcing additional orders over the current fiscal quarter
Source: https://incomestatements.info
Category: Stock Reports