Industrials -
Electrical Equipment & Parts - NASDAQ - US
$ 2.06
-8.96 %
$ 68.8 M
Market Cap
-19.3
P/E
1. INTRINSIC VALUE
Balance Sheet
NeoVolta Inc.
| Current Assets | 4.66 M |
| Cash & Short-Term Investments | 986 K |
| Receivables | 1.81 M |
| Other Current Assets | 1.86 M |
| Non-Current Assets | 0 |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 61.1 K |
| Accounts Payable | 5.32 K |
| Short-Term Debt | 0 |
| Other Current Liabilities | 55.8 K |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
NeoVolta Inc.
| Revenue | 2.65 M |
| Cost Of Revenue | 2.13 M |
| Gross Profit | 510 K |
| Operating Expenses | 2.85 M |
| Operating Income | -2.34 M |
| Other Expenses | -33.6 K |
| Net Income | -2.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
NeoVolta Inc.
| Net Income | -2.3 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 432 K |
| Change in Working Capital | 225 K |
| Others | 666 K |
| Free Cash Flow | -1.02 M |
Wall Street Analysts Price Targets
NeoVolta Inc.
NEOV has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
NEOV does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
NeoVolta Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
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6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
NeoVolta Highlights Virtual Peaker's Announcement of Strategic Partnership for Smarter Energy Storage Integration
SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, is pleased to share that its strategic partner, Virtual Peaker, a leading virtual power plant software company, has officially announced the companies' collaboration to enhance grid resilience and accelerate the adoption of distributed energy resources. Virtual Peaker's AI-powered platform optimizes batteries as distributed energy resources (DERs) to maximize energy savings and improve grid reliability.
globenewswire.com
- 3 weeks ago
NeoVolta Anticipates Record Quarterly Sales, Surpassing $2 Million in Revenue – a Projected Increase of over 600% Year-over-Year
SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, today announced that it anticipates record-breaking quarterly sales, with unaudited revenue expected to exceed $2 million for the first time in the company's history — an increase of over 600% over the same period last year. This significant milestone reflects the soaring demand for sustainable home energy solutions and NeoVolta's ongoing commitment to delivering innovative, high-performance products.
globenewswire.com
- 1 month ago
NeoVolta (NEOV) $300M Loan Application Passes Phase 2 of Department of Energy Loan Program
Technical Due Diligence Approved for $300M to Expand U.S. Manufacturing SAN DIEGO , Feb. 25, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ: NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, announced today that it has completed phase two of its loan application for $300M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed the conditional commitment phase, which will include negotiating a term sheet and a site visit with the U.S. Department of Energy. NeoVolta will produce residential and commercial BESS products across the country, creating over 200 jobs and securing the American supply chain by onshoring battery cells and inverters.
prnewswire.com
- 2 months ago
NeoVolta Appoints Michael Mendik as Chief Operating Officer
SAN DIEGO , Jan. 7, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ: NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is pleased to announce the appointment of Michael Mendik, PhD, MBA, as its new Chief Operating Officer (COO). With a distinguished career spanning over two decades in international business management, strategy, and development, Michael brings a wealth of experience and a proven track record of driving profitability and growth in the renewable energy sector.
prnewswire.com
- 3 months ago
NeoVolta and Expion360 Announce LOI to Advance Battery Manufacturing and Product Design
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (Nasdaq: NEOV) (“NeoVolta”), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent (“LOI”) with Expion360 Inc. (Nasdaq: XPON) (“Expion360”), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the framework for a potential collaboration that aims to leverage the parties' shared resources to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of American-made batteries.
globenewswire.com
- 4 months ago
/C O R R E C T I O N -- NeoVolta/
In the news release, NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program, issued Nov. 13, 2024 by NeoVolta over PR Newswire, we are advised by the company that the NeoVolta ticker symbol (NASDAQ: NEOV) should have been included after NeoVolta in the first sentence, first paragraph, and was omitted inadvertently. The complete, corrected release follows: NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing SAN DIEGO , Nov. 13, 2024 /PRNewswire/ -- NeoVolta (NASDAQ: NEOV), a leading innovator in energy storage solutions, announced today that it has completed phase one of its loan application for $250M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed with phase two technical due diligence.
prnewswire.com
- 5 months ago
NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program
Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing
globenewswire.com
- 5 months ago
NeoVolta, U.S. Department of Energy, and Barrio Eléctrico Celebrate Successful Installation of NeoVolta's NV24 Battery Storage Systems in Puerto Rico
This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta
globenewswire.com
- 6 months ago
NeoVolta Secures $1.4 Million Deal with National Renewable Energy Partners Expanding Dealer Network in Several New States
SAN DIEGO, Oct. 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leading provider of advanced energy storage solutions, is pleased to announce a $1.4 million dollar deal with National Renewable Energy Partners (NREP). This purchase order expands NeoVolta's dealer network into several new states including Ohio, Texas, Connecticut, Indiana, and Pennsylvania, capitalizing on emerging opportunities in the residential energy sector.
globenewswire.com
- 7 months ago
NeoVolta Selected as Strategic Partner with Barrio Eléctrico for Growth in Puerto Rico as part of $21M Award
SAN DIEGO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leading provider of advanced energy storage solutions, has been selected as a strategic partner with Barrio Eléctrico for a significant expansion of residential solar and energy storage aimed at enhancing energy security in Puerto Rico.
globenewswire.com
- 7 months ago
NeoVolta Secures $5 Million Line of Credit, Strengthens Financial Position
SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leader in solar energy storage solutions, is pleased to announce the successful securing of a $5 million Line of Credit (LOC) from National Energy Modelers, Inc. This strategic financial arrangement is a significant milestone for NeoVolta, as it bolsters the company's working capital while preserving shareholder equity.
globenewswire.com
- 7 months ago
NeoVolta Expands Market Reach with New Approvals from EnFin Solar Loans and Sungage Financial
SAN DIEGO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leader in advanced energy storage solutions, announces significant expansions in their market reach through new approvals from both EnFin solar loans and Sungage Financial.
globenewswire.com
- 8 months ago
8. Profile
Summary
NeoVolta Inc. NEOV
COUNTRY
US
INDUSTRY
Electrical Equipment & Parts
MARKET CAP
$ 68.8 M
Dividend Yield
0.00%
Description
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It offers NV14 and NV 24 energy storage systems to store and use energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was founded in 2018 and is headquartered in Poway, California.
Contact
13651 Danielson Street, Poway, CA, 92064
https://www.neovolta.com
IPO
Date
May 20, 2020
Employees
10
Officers
Mr. Henry Ardes Johnson
Chief Executive Officer
Mr. Steve Bond
Chief Financial Officer & Director
Mr. Michael Mendik M.B.A., Ph.D.
Chief Operating Officer
Colonel Brent S. Willson
President, Chairman & Chief Technology Officer