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Mullen Automotive Inc
Previous close
$0.33
Day range
$0.27 - $0.34
Year range
$0.27 - $987.00
Market cap
17.71M USD
Avg Volume
8.95M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 995.75K | 1,616.81% |
Operating expense | 65.51M | -32.75% |
Net income | -175.87M | -2.13% |
Net profit margin | -17.66K | 94.05% |
Earnings per share | — | — |
EBITDA | -75.37M | 18.46% |
Effective tax rate | 0.00% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 10.32M | -93.35% |
Total assets | 178.63M | -57.64% |
Total liabilities | 195.18M | 31.08% |
Total equity | -16.55M | — |
Shares outstanding | 61.60M | — |
Price to book | -0.71 | — |
Return on assets | -107.27% | — |
Return on capital | -540.00% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | -175.87M | -2.13% |
Cash from operations | -40.37M | 38.40% |
Cash from investing | -2.09M | -342.24% |
Cash from financing | 49.25M | 961.38% |
Net change in cash | 6.78M | 109.46% |
Free cash flow | 4.10M | 104.37% |
About
Mullen Automotive, Inc., is an American automotive and electric vehicle manufacturer headquartered in Brea, California. Its products include passenger electric vehicles and commercial vehicles. The company is primarily involved in rebadging Chinese captive imports such as the Mullen Campus, Mullen One, Mullen Three, Mullen Go, and Mullen GT lines. The company intended to field a luxury vehicle, the Mullen Five, then pivot to all-consumer electric vehicle models. Development of the Mullen Five was cancelled in 2024. For the 12 months period ending September 30th 2024, Mullen lost 506 million dollars on revenue of 1 million dollars, and at the end of the period the company had 10 million dollars in cash. Wikipedia
Founded
2014
Headquarters
Website
Employees
326
