Financial Snapshot

Revenue
$2.471M
TTM
Gross Margin
24.36%
TTM
Net Earnings
-$2.839M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1635.35%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$253.8K
Q3 2024
Book Value
$3.896M
Q3 2024
Cash
Q3 2024
P/E
-56.64
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $2.645M $3.456M $4.474M $4.824M $2.012M $0.00 $0.00
YoY Change -23.46% -22.75% -7.26% 139.78%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $2.645M $3.456M $4.474M $4.824M $2.012M $0.00 $0.00
Cost Of Revenue $2.135M $2.768M $3.806M $4.176M $1.773M
Gross Profit $510.3K $688.0K $667.1K $647.7K $238.6K
Gross Profit Margin 19.29% 19.91% 14.91% 13.43% 11.86%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $2.828M $3.290M $6.354M $8.256M $1.507M $590.0K $80.00K
YoY Change -14.04% -48.22% -23.04% 447.76% 155.46% 637.5%
% of Gross Profit 554.16% 478.2% 952.42% 1274.61% 631.72%
Research & Development $19.15K $29.94K $68.50K $42.80K $162.7K $230.0K $20.00K
YoY Change -36.02% -56.3% 60.05% -73.69% -29.26% 1050.0%
% of Gross Profit 3.75% 4.35% 10.27% 6.61% 68.19%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.847M $3.324M $6.422M $8.299M $1.670M $820.0K $100.0K
YoY Change -14.33% -48.25% -22.61% 396.95% 103.65% 720.0%
Operating Profit -$2.337M -$2.636M -$5.755M -$7.651M -$1.431M
YoY Change -11.33% -54.2% -24.78% 434.54%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $33.64K $4.134K $49.54K $24.52K -$25.30K -$10.00K $0.00
YoY Change 713.74% -91.66% 102.05% -196.92% 153.0%
% of Operating Profit
Other Income/Expense, Net $33.64K -$4.134K -$49.54K $5.079K
YoY Change -913.84% -91.66% -1075.47%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$2.303M -$2.640M -$5.805M -$7.646M -$1.457M -$840.0K -$100.0K
YoY Change -12.75% -54.52% -24.08% 424.91% 73.41% 740.0%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$2.303M -$2.640M -$5.805M -$7.646M -$1.457M -$840.0K -$100.0K
YoY Change -12.75% -54.52% -24.08% 424.91% 73.41% 740.0%
Net Earnings / Revenue -87.08% -76.39% -129.76% -158.51% -72.41%
Basic Earnings Per Share -$0.07 -$0.08 -$0.28 -$0.43
Diluted Earnings Per Share -$0.07 -$0.08 -$0.28 -$0.43 -$44.65K -$66.30K -$7.893K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $986.4K $2.000M $330.4K $425.7K $1.309M $3.140M $60.00K
YoY Change -50.68% 505.35% -22.39% -67.49% -58.3% 5133.33%
Cash & Equivalents $986.4K $2.000M $330.4K $425.7K $1.309M $3.140M $60.00K
Short-Term Investments
Other Short-Term Assets $76.82K $100.0K $239.0K $45.93K $150.0K $70.00K $0.00
YoY Change -23.18% -58.16% 420.36% -69.38% 114.31%
Inventory $1.787M $2.580M $2.238M $1.662M $1.553M $990.0K $0.00
Prepaid Expenses
Receivables $1.806M $1.830M $1.318M $1.128M $391.1K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $4.657M $6.510M $4.125M $3.262M $3.404M $4.200M $60.00K
YoY Change -28.47% 57.81% 26.46% -4.16% -18.96% 6900.0%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Total Assets $4.657M $6.510M $4.125M $3.262M $3.404M $4.200M $60.00K
YoY Change
Accounts Payable $5.320K $0.00 $205.6K $53.51K $3.660K $30.00K $20.00K
YoY Change -100.0% 284.23% 1362.02% -87.8% 50.0%
Accrued Expenses $55.78K $40.00K $180.8K $40.74K $21.62K $10.00K $0.00
YoY Change 39.45% -77.87% 343.77% 88.44% 116.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $1.068M
YoY Change -100.0%
Total Short-Term Liabilities $61.10K $40.00K $1.454M $94.25K $25.28K $40.00K $20.00K
YoY Change 52.75% -97.25% 1443.12% 272.82% -36.8% 100.0%
Long-Term Debt $0.00 $0.00 $53.72K $19.31K $14.44K $0.00 $100.0K
YoY Change -100.0% 178.2% 33.73% -100.0%
Other Long-Term Liabilities $29.60K
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $53.72K $19.31K $44.04K $0.00 $100.0K
YoY Change -100.0% 178.2% -56.15% -100.0%
Total Liabilities $61.10K $40.00K $1.508M $113.6K $69.32K $50.00K $130.0K
YoY Change 52.75% -97.35% 1228.03% 63.82% 38.64% -61.54%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 33.21M shares 32.03M shares 20.55M shares 17.89M shares
Diluted Shares Outstanding 33.21M shares 32.03M shares 20.55M shares 17.89M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $160.8 Million

About NeoVolta Inc.

NeoVolta, Inc. engages in the designing, manufacturing, and developing of residential energy storage systems (ESS). The company is headquartered in Poway, California and currently employs 10 full-time employees. The company went IPO on 2019-10-21. The firm is a designer, manufacturer, and seller of high-end Energy Storage Systems (ESS), primarily its NeoVolta NV14, NV 24, and NV14-K, which can store and use energy via batteries and an inverter at residential or commercial sites. The company sells its products directly to its certified solar installers and solar equipment distributors. The NV14 is a complete ESS with 7,680-Watt 120V / 240V hybrid inverter, which is also capable of 208V 3-phase commercial power with a 14.4 kWh lithium iron phosphate (LiFe (PO4)) battery system. The NV14 is capable of storing and using inverted (AC) photovoltaic, non-inverted (DC) photovoltaic, or both AC and DC photovoltaic solar sources. The NV24 has additional battery capability that raises NV14 energy storage from 14.4 KW to 24.0 KW. Its NV14 ESS contains a 7,680 W hybrid 120V / 240V and 208V 3-phase inverter and a 14.4 kWh battery system power.

Industry: Miscellaneous Electrical Machinery, Equipment & Supplies Peers: ADVENT TECHNOLOGIES HOLDINGS, INC. AMERICAN SUPERCONDUCTOR CORP /DE/ Beam Global KULR Technology Group, Inc. LSI INDUSTRIES INC Sunworks, Inc. POWELL INDUSTRIES INC SKYX Platforms Corp.