Financial Snapshot

Revenue
$4.134M
TTM
Gross Margin
-406.12%
TTM
Net Earnings
-$43.71M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
207.28%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$5.058M
Q3 2024
Cash
Q3 2024
P/E
-0.07479
Nov 13, 2024 EST
Free Cash Flow
-$21.35M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $3.261M $4.547M $448.8K $0.00
YoY Change -28.28% 913.03%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $3.261M $4.547M $448.8K $0.00
Cost Of Revenue $11.39M $13.41M $10.51M
Gross Profit -$8.130M -$8.866M -$10.06M
Gross Profit Margin -249.31% -195.0% -2241.13%

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 2023 2022 2021 2020
Selling, General & Admin $13.79M $14.74M $19.66M $959.0K
YoY Change -6.43% -25.02% 1950.02%
% of Gross Profit
Research & Development $7.570M $7.312M $9.461M $407.8K
YoY Change 3.54% -22.72% 2220.22%
% of Gross Profit
Depreciation & Amortization $243.4K $757.0K $218.4K $2.520K
YoY Change -67.85% 246.6% 8567.06%
% of Gross Profit
Operating Expenses $21.66M $23.20M $29.12M $1.367M
YoY Change -6.62% -20.34% 2030.63%
Operating Profit -$29.79M -$32.06M -$39.18M
YoY Change -7.08% -18.16%

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 2023 2022 2021 2020
Interest Expense $4.970M $2.260M -$91.24K -$7.620K
YoY Change 119.94% -2576.49% 1097.38%
% of Operating Profit
Other Income/Expense, Net -$15.28M -$2.172M -$854.0K
YoY Change 603.5% 154.3%

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 2023 2022 2021 2020
Pretax Income -$45.07M -$34.24M -$40.13M -$1.374M
YoY Change 31.65% -14.68% 2819.44%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$45.07M -$34.24M -$40.13M -$1.374M
YoY Change 31.65% -14.68% 2819.44%
Net Earnings / Revenue -1382.13% -752.97% -8940.13%
Basic Earnings Per Share -$234.40 -$1.45 -$8.79
Diluted Earnings Per Share -$234.40 -$1.45 -$8.786M -$121.2K

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 2023 2022 2021 2020
Cash & Short-Term Investments $8.242M $11.41M $7.554M $536.1K
YoY Change -27.79% 51.11% 1309.04%
Cash & Equivalents
Short-Term Investments $258.3K $427.7K $1.981M
Other Short-Term Assets $2.114M $2.402M $1.093M $102.8K
YoY Change -11.98% 119.78% 963.2%
Inventory $8.973M $5.646M $2.209M
Prepaid Expenses
Receivables $203.3K $865.0K $25.59K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $19.53M $20.33M $10.88M $638.9K
YoY Change -3.91% 86.81% 1603.17%
Property, Plant & Equipment $2.395M $2.108M $2.992M $1.148M
YoY Change 13.62% -29.56% 160.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $199.3K $285.0K $732.8K $50.56K
YoY Change -30.09% -61.1% 1349.39%
Total Long-Term Assets $2.594M $2.399M $3.743M $1.215M
YoY Change 8.15% -35.92% 208.05%
Total Assets $22.13M $22.73M $14.62M $1.854M
YoY Change
Accounts Payable $831.2K $1.037M $1.454M $115.4K
YoY Change -19.82% -28.71% 1159.62%
Accrued Expenses $3.529M $2.465M $2.735M $141.9K
YoY Change 43.15% -9.87% 1826.74%
Deferred Revenue
YoY Change
Short-Term Debt $30.15M $17.35M $0.00 $0.00
YoY Change 73.74%
Long-Term Debt Due $15.28K $18.67K $17.20K $8.870K
YoY Change -18.16% 8.55% 93.91%
Total Short-Term Liabilities $40.91M $20.90M $6.484M $2.322M
YoY Change 95.78% 222.31% 179.21%
Long-Term Debt $69.14K $50.12K $68.79K $59.33K
YoY Change 37.95% -27.14% 15.94%
Other Long-Term Liabilities $775.2K $1.143M $1.768M $614.4K
YoY Change -32.18% -35.33% 187.68%
Total Long-Term Liabilities $844.3K $1.193M $1.836M $673.7K
YoY Change -29.24% -35.03% 172.55%
Total Liabilities $41.76M $22.09M $8.320M $2.996M
YoY Change 89.03% 165.51% 177.72%

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 2023 2022 2021 2020
Basic Shares Outstanding 192.3K shares 23.69M shares 4.567M shares
Diluted Shares Outstanding 23.69M shares 4.567M 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: $3.2689 Million

About Volcon Inc

Volcon Inc is a US-based company operating in Automobiles industry. The company is headquartered in Round Rock, Texas and currently employs 35 full-time employees. The company went IPO on 2021-10-06. Volcon Inc. is an all-electric power sports company producing sustainable electric vehicles for the outdoor community. The firm develops electric two and four-wheel motorcycles and utility terrain vehicles (UTVs), also known as side-by-sides, along with a line of upgrades and accessories. The company features motorcycle and UTV products that are all-electric and primarily designed for off-road use, in addition to a Class 2 eBike, the Brat, that can be used on or light off-road. Its first product to market, the Grunt EVO, is designed for family off-road adventures, work on the farm or fun transport around private land. Its range can be up to 35 miles (with an optional second battery that provides an additional 35 miles) in its explore mode setting and it can be completely charged in less than three hours from a standard wall outlet. The Volcon Grunt EVO is an evolution of the original Grunt with a belt drive, an improved suspension, and seat. The Runt LT is a smaller version of the Grunt EVO.

Industry: Motor Vehicles & Passenger Car Bodies Peers: Arcimoto Inc Elio Motors, Inc. Harley-Davidson Inc