NASDAQ : NEOV
NeoVolta Inc. — Financial statements
Industrials · Electrical Equipment & Parts · United States
Last price 2.3 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 135.73M
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Financial statements
NeoVolta Inc. (NEOV) reported revenue of 13.33M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 13.33M | 13.33M | 8.43M | 2.65M | 3.46M | 4.47M |
| Cost of Revenue | 11.19M | 11.19M | 6.92M | 2.13M | 2.77M | 3.81M |
| Gross Profit | 2.14M | 2.14M | 1.51M | 510.35K | 688.00K | 667.13K |
| Selling, General & Admin | 18.35M | 18.35M | 6.07M | 2.83M | 3.29M | 6.35M |
| Research & Development | 1.56M | 1.56M | 157.31K | 19.15K | 29.94K | 68.50K |
| Operating Expenses | 20.28M | 20.28M | 6.22M | 2.85M | 3.32M | 6.42M |
| Operating Income | -18.14M | -18.14M | -4.72M | -2.34M | -2.64M | -5.76M |
| Interest Expense | -667.74K | -667.74K | -320.42K | -4.13K | -49.54K | |
| Interest & Investment Income | 137.78K | 137.78K | 2.01K | 33.64K | ||
| Other Non Operating Income (Expenses) | -1.53M | -1.53M | ||||
| EBT Excluding Unusual Items | -20.20M | -20.20M | -5.03M | -2.30M | -2.64M | -5.80M |
| Other Unusual Items | -1.27M | -1.27M | ||||
| Pretax Income | -21.47M | -21.47M | -5.03M | -2.30M | -2.64M | -5.80M |
| Net Income | -21.47M | -21.47M | -5.03M | -2.30M | -2.64M | -5.80M |
| Net Income to Common | -21.47M | -21.47M | -5.03M | -2.30M | -2.64M | -5.80M |
| Shares Outstanding (Basic) | 39.29M | 39.29M | 33.59M | 33.21M | 32.03M | 20.55M |
| Shares Outstanding (Diluted) | 39.29M | 39.29M | 33.59M | 33.21M | 32.03M | 20.55M |
| EPS (Basic) | -0.55 | -0.55 | -0.15 | -0.07 | -0.08 | -0.28 |
| EPS (Diluted) | -0.55 | -0.55 | -0.15 | -0.07 | -0.08 | -0.28 |
| Free Cash Flow | -22.32M | -22.32M | -4.43M | -1.02M | -2.11M | -1.16M |
| Free Cash Flow Per Share | -0.57 | -0.57 | -0.13 | -0.03 | -0.07 | -0.06 |
| Gross Margin | 16.04% | 16.04% | 17.88% | 19.29% | 19.91% | 14.91% |
| Operating Margin | -136.07% | -136.07% | -55.97% | -88.35% | -76.27% | -128.65% |
| Profit Margin | -161.03% | -161.03% | -59.75% | -87.08% | -76.39% | -129.76% |
| Free Cash Flow Margin | -167.43% | -167.43% | -52.52% | -38.42% | -61.00% | -26.00% |
| EBITDA | -17.73M | -17.73M | ||||
| EBITDA Margin | -132.98% | -132.98% | ||||
| D&A For EBITDA | 411.55K | 411.55K | ||||
| EBIT | -18.14M | -18.14M | -4.72M | -2.34M | -2.64M | -5.76M |
| EBIT Margin | -136.07% | -136.07% | -55.97% | -88.35% | -76.27% | -128.65% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 22.20M | 22.20M | 794.84K | 986.43K | 2.00M | 330.38K |
| Cash & Short-Term Investments | 22.20M | 22.20M | 794.84K | 986.43K | 2.00M | 330.38K |
| Receivables | 2.95M | 2.95M | 2.98M | 1.81M | 1.83M | 1.32M |
| Inventory | 2.13M | 2.13M | 2.14M | 1.79M | 2.58M | 2.24M |
| Prepaid Expenses | 2.15M | 2.15M | 748.04K | 76.81K | 96.12K | 239.00K |
| Restricted Cash | 3.15M | 3.15M | ||||
| Other Current Assets | 272.28K | 272.28K | ||||
| Total Current Assets | 32.85M | 32.85M | 6.66M | 4.66M | 6.51M | 4.13M |
| Property, Plant & Equipment | 18.01M | 18.01M | 140.54K | |||
| Other Intangible Assets | 1.06M | 1.06M | ||||
| Other Long-Term Assets | 1.72M | 1.72M | ||||
| Total Assets | 53.64M | 53.64M | 6.81M | 4.66M | 6.51M | 4.13M |
| Accounts Payable | 3.82M | 3.82M | 689.22K | 5.32K | 205.60K | |
| Accrued Expenses | 1.04M | 1.04M | 78.93K | 55.78K | 39.49K | 180.79K |
| Short-Term Debt | 1.12M | 1.12M | 2.60M | 1.07M | ||
| Current Portion of Leases | 695.27K | 695.27K | 140.54K | |||
| Total Current Liabilities | 6.68M | 6.68M | 3.51M | 61.10K | 39.49K | 1.45M |
| Long-Term Debt | 383.54K | 53.72K | ||||
| Long-Term Leases | 7.39M | 7.39M | ||||
| Total Liabilities | 14.07M | 14.07M | 3.90M | 61.10K | 39.49K | 1.51M |
| Common Stock | 58.31K | 58.31K | 34.12K | 33.24K | 33.16K | 21.98K |
| Additional Paid-In Capital | 86.76M | 86.76M | 28.65M | 25.30M | 24.87M | 18.39M |
| Retained Earnings | -47.25M | -47.25M | -25.78M | -20.74M | -18.44M | -15.80M |
| Shareholders' Equity | 39.57M | 39.57M | 2.91M | 4.60M | 6.47M | 2.62M |
| Total Liabilities & Equity | 53.64M | 53.64M | 6.81M | 4.66M | 6.51M | 4.13M |
| Total Debt | 9.21M | 9.21M | 3.13M | 1.12M | ||
| Net Cash (Debt) | 12.99M | 12.99M | -2.33M | 986.43K | 2.00M | -791.33K |
| Net Cash Per Share | 0.33 | 0.33 | -0.07 | 0.03 | 0.06 | -0.04 |
| Filing Date Shares Outstanding | 59.01M | 59.01M | 34.21M | 33.25M | 33.16M | 32.77M |
| Total Common Shares Outstanding | 58.31M | 58.31M | 34.12M | 33.24M | 33.16M | 21.98M |
| Working Capital | 26.17M | 26.17M | 3.15M | 4.60M | 6.47M | 2.67M |
| Book Value Per Share | 0.68 | 0.68 | 0.09 | 0.14 | 0.20 | 0.12 |
| Tangible Book Value | 38.50M | 38.50M | 2.91M | 4.60M | 6.47M | 2.62M |
| Tangible Book Value Per Share | 0.66 | 0.66 | 0.09 | 0.14 | 0.20 | 0.12 |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -21.47M | -21.47M | -5.03M | -2.30M | -2.64M | -5.80M |
| Depreciation & Amortization | 649.81K | 649.81K | 80.57K | |||
| Stock-Based Compensation | 4.96M | 4.96M | 2.10M | 432.37K | 1.53M | 5.31M |
| Provision & Write-off of Bad Debts | 4.58M | 4.58M | -4.25K | 540.00K | 490.00K | |
| Other Operating Activities | 2.39M | 2.39M | 90.00K | |||
| Change in Accounts Receivable | -3.01M | -3.01M | -1.63M | -519.60K | -998.65K | -189.29K |
| Change in Inventory | -834.06K | -834.06K | 41.86K | 703.26K | -342.36K | -576.07K |
| Change in Accounts Payable | 498.39K | 498.39K | 683.90K | 5.32K | -205.60K | 152.09K |
| Change in Other Net Operating Assets | -2.96M | -2.96M | -663.85K | 35.60K | 59.15K | -53.00K |
| Operating Cash Flow | -15.19M | -15.19M | -4.43M | -1.02M | -2.11M | -1.16M |
| Capital Expenditures | -7.13M | -7.13M | ||||
| Other Investing Activities | -1.50M | -1.50M | ||||
| Investing Cash Flow | -8.63M | -8.63M | ||||
| Short-Term Debt Issued | 6.70M | 6.70M | 5.11M | |||
| Long-Term Debt Issued | 1.37M | 1.37M | 500.00K | 1.07M | ||
| Total Debt Issued | 8.07M | 8.07M | 5.61M | 1.07M | ||
| Short-Term Debt Repaid | -7.60M | -7.60M | -2.50M | |||
| Long-Term Debt Repaid | -633.54K | -633.54K | -116.46K | |||
| Total Debt Repaid | -8.23M | -8.23M | -2.62M | |||
| Net Debt Issued (Repaid) | -163.27K | -163.27K | 2.99M | 1.07M | ||
| Issuance of Common Stock | 48.63M | 48.63M | 1.25M | 3.78M | ||
| Other Financing Activities | -85.27K | -85.27K | ||||
| Financing Cash Flow | 48.38M | 48.38M | 4.23M | 3.78M | 1.07M | |
| Net Cash Flow | 24.56M | 24.56M | -191.59K | -1.02M | 1.67M | -95.30K |
| Free Cash Flow | -22.32M | -22.32M | -4.43M | -1.02M | -2.11M | -1.16M |
| Free Cash Flow Margin | -167.43% | -167.43% | -52.52% | -38.42% | -61.00% | -26.00% |
| Free Cash Flow Per Share | -0.57 | -0.57 | -0.13 | -0.03 | -0.07 | -0.06 |
| Levered Free Cash Flow | -13.96M | -13.96M | -2.46M | -173.65K | -1.18M | 1.01M |
| Unlevered Free Cash Flow | -13.54M | -13.54M | -2.26M | -173.65K | -1.17M | 1.04M |
| Cash Interest Paid | 863.08K | 863.08K | 136.58K | |||
| Change in Working Capital | -6.30M | -6.30M | -1.57M | 224.58K | -1.49M | -666.27K |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 127.47M | 178.31M | 112.61M | 87.74M | 108.58M | 84.39M |
| Enterprise Value | 114.47M | 168.28M | 113.88M | 86.73M | 105.12M | 84.73M |
| Last Close Price | 2.16 | 3.15 | 3.30 | 2.64 | 3.27 | 3.84 |
| Forward PE | 62.40 | 62.40 | 62.40 | |||
| PS Ratio | 9.56 | 13.37 | 13.36 | 33.17 | 31.42 | 18.86 |
| PB Ratio | 3.18 | 4.51 | 38.70 | 19.09 | 16.79 | 32.24 |
| P/TBV Ratio | 3.31 | 4.63 | 38.70 | 19.09 | 16.79 | 32.24 |
| EV/Sales Ratio | 8.59 | 12.62 | 13.51 | 32.79 | 30.42 | 18.94 |
| Debt / Equity Ratio | 0.23 | 0.23 | 1.07 | 0.43 | ||
| Net Debt / Equity Ratio | -0.33 | -0.33 | 0.80 | -0.21 | -0.31 | 0.30 |
| Net Debt / EBITDA Ratio | 0.73 | 0.73 | ||||
| Net Debt / FCF Ratio | 0.58 | 0.58 | -0.53 | 0.97 | 0.95 | -0.68 |
| Asset Turnover | 0.44 | 0.44 | 1.47 | 0.47 | 0.65 | 1.21 |
| Inventory Turnover | 5.24 | 5.24 | 3.53 | 0.98 | 1.15 | 1.95 |
| Quick Ratio | 3.77 | 3.77 | 1.08 | 45.70 | 96.96 | 1.13 |
| Current Ratio | 4.92 | 4.92 | 1.90 | 76.21 | 164.74 | 2.84 |
| Return on Equity (ROE) | -101.09% | -101.09% | -134.16% | -41.64% | -58.12% | -201.35% |
| Return on Assets (ROA) | -37.52% | -37.52% | -51.43% | -26.17% | -30.99% | -97.38% |
| Return on Capital Employed (ROCE) | -38.60% | -38.60% | -143.20% | -50.90% | -40.80% | -215.50% |
| Earnings Yield | -25.30% | -12.04% | -4.47% | -2.62% | -2.43% | -6.88% |
| FCF Yield | -17.51% | -12.52% | -3.93% | -1.16% | -1.94% | -1.38% |
| Buyback Yield / Dilution | -16.98% | -16.98% | -1.13% | -3.71% | -55.81% | -14.90% |