The company has not filed an annual or quarterly report since its FY2022 10-K, filed Mar 31, 2023. Its latest SEC filing is a 15-12G from Apr 11, 2023.
10-K for FY2022, filed Mar 31, 2023
The sections below describe the company as of the FY2022 annual report.
Operates electric-vehicle charging stations at public commercial locations and sells advertising on station displays to advertisers, alongside charging and related services for site hosts and business partners.
10-K for FY2022, filed Mar 31, 2023Volta Inc. is a holding company for its wholly owned subsidiaries, Volta Charging Industries, LLC, Volta Charging, LLC, Volta Charging…View ↗
Volta’s business entails partnering with real estate and retail partners with national and regional multi-site portfolios of commercial and…View ↗
Volta’s principal products and services are its EV charging stations and related services, including its content delivery activities for…View ↗
Advertisers pay for delivered ad impressions over a campaign term; site partners pay for installation as work progresses and equipment when delivered, with bills in advance or by milestones and maintenance billed quarterly. Volta also earns revenue by selling regulatory credits and charges software customers recurring access fees.
10-K for FY2022, filed Mar 31, 2023MediaView ↗
Network Development revenue is generated from installation, operating and maintenance services of the charging stations to select site…View ↗
Network Intelligence revenue consists of license or service fee revenue from proprietary software tools derived from the charging network.…View ↗
Media revenue is generated based on the number of advertising impressions delivered over the contract term, which is typically less than…View ↗
Network Development revenue consists of revenue generated through installation services, operation and maintenance services offered over…View ↗
The Company typically bills the customer upon contract inception for charging stations and installation services and bills the customer on…View ↗
10-K for FY2022, filed Mar 31, 2023
FY2022 revenue by product or service ↗$54.6M
10-K for FY2022, filed Mar 31, 2023
$54.6M ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Service
|
97% |
Service, FY2022
$52.8M Sources
|
|
|
Product
Sold outright
|
0.7% |
Product, FY2022
$398K Sources
|
Sold outright |
|
Other
Mix
|
2.6% |
Other, FY2022
$1.4M Sources
|
Mix |
Retail and commercial property owners, communities, municipalities and local businesses host Volta’s stations; advertisers buy display campaigns, while utility companies and other third parties access its software. Volta works directly with site partners and commercial partners.
10-K for FY2022, filed Mar 31, 2023Volta’s business entails partnering with real estate and retail partners with national and regional multi-site portfolios of commercial and…View ↗
Volta’s principal products and services are its EV charging stations and related services, including its content delivery activities for…View ↗
Network Intelligence revenue consists of license or service fee revenue from proprietary software tools derived from the charging network.…View ↗
10-K for FY2022, filed Mar 31, 2023
As of December 31, 2022, four customers accounted for 22.0%, 13.0%, 13.0%, and 11.0% of the Company's accounts receivable balance…View ↗
No. It lost $154.6M in FY2022.
Competes with EVgo Services, Electrify America, Allego, Tesla, Rivian Automotive, Pod Point, EVConnect, Power Dot SA, SemaConnect, Engie SA, ChargePoint, EVBox Group, FLO Services USA, Revel Transit, Blink Charging, IONITY GmbH, EDF Group, Outfront Media, Amscreen, and Clear Channel Outdoor
10-K for FY2022, filed Mar 31, 2023The EV charging market is relatively new and is increasingly competitive with many newcomers. Volta currently faces competition from a…View ↗
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