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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 |
Bollinger B4 Chassis Cab Achieves Certificate of Conformity from Environmental Protection Agency
Certification a Key Step to Sell Zero-Emission Trucks OAK PARK, Mich. , June 24, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has received its Certificate of Conformity from the Environmental Protection...
Effective June 18, 2024, Mullen Subsidiary, Bollinger Motors, Receives EPA Certification for Class 4 EV Commercial Trucks
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Mullen CEO Shares Recent Milestones with Committed Capital of $250M; Highlights Include 2 State Incentive Approvals for Class 3 EV Trucks, Commercial Sales and Technology Advancements and Dealer Network Expansion
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What's going on with the Mullen Automotive (MULN) stock?
Mullen Automotive (NASDAQ: MULN) stock price has remained in a deep sell-off and is nearing its all-time low despite making some important announcements. It has crashed by over 82%, making it one of the worst-performing electric vehicle companies in Wall...
MULN Stock: Mullen Sells 80 B4s to Momentum Groups
Mullen Automotive (NASDAQ: MULN ) stock is in the news Friday after the electric vehicle (EV) company sold 80 of its B4 trucks to Momentum Groups. This sale is through Bollinger Motors but the order hasn't been filled just yet.
3 EV Stocks to Sell in June Before They Dive
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Bollinger Motors Announces Sale of 80 Bollinger B4 Chassis Cabs to Momentum Groups
Agreement Creates Innovative Mobile Charging Solution, Electric Vehicle Option for Fleet Owners and Managers OAK PARK, Mich., June 13, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell...
Mullen Subsidiary Bollinger Motors Receives $13.2 Million Sales Order from Momentum Groups
Order includes 80 Bollinger B4 trucks and is valued at approximately $13.2 million The Bollinger B4 qualifies for a $40,000 federal tax credit BREA, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN )...
The State of Massachusetts Issues MOR-EV Approval, Granting Mullen's Class 3 EV Truck a $15,000 Cash Voucher per Vehicle Sold
Under the MOR-EV program, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a Massachusetts state cash rebate of up to $15,000
Source: https://incomestatements.info
Category: Stock Reports