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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 5.39
3.65 %
$ 180 M
Market Cap
-59.89
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one NEOV stock under the base case scenario is HIDDEN Compared to the current market price of 5.39 USD, NeoVolta Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NEOV

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FINANCIALS
2.65 M REVENUE
-23.46%
-2.34 M OPERATING INCOME
11.33%
-2.3 M NET INCOME
12.75%
-1.02 M OPERATING CASH FLOW
51.79%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
590 K REVENUE
1.90%
-966 K OPERATING INCOME
-31.63%
-964 K NET INCOME
-32.29%
-593 K OPERATING CASH FLOW
-2053.74%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition NeoVolta Inc.
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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.
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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
19.29% GROSS MARGIN
19.29%
-88.35% OPERATING MARGIN
-88.35%
-87.08% NET MARGIN
-87.08%
-50.12% ROE
-50.12%
-49.46% ROA
-49.46%
-50.85% ROIC
-50.85%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis NeoVolta Inc.
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Net Income -2.3 M
Depreciation & Amortization 33.6 K
Capital Expenditures 0
Stock-Based Compensation 432 K
Change in Working Capital 225 K
Others 666 K
Free Cash Flow -1.02 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets NeoVolta Inc.
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NEOV has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership NeoVolta Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
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
Date Value Insider Amount Avg Price
7. News
/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 - 3 days 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 - 3 days 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 - 2 weeks 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 - 1 month 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 - 2 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 - 2 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 - 3 months ago
NeoVolta and Store Energy California Enter Joint Venture to Provide Energy Storage for Low-Income Housing in California SAN DIEGO, July 16, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a leading provider of advanced energy storage solutions, has announced a joint venture partnership with Store Energy California to bring state-of-the-art battery storage systems to low-income households across California. This initiative leverages state-funded incentive programs to ensure that families can access these vital technologies at no cost, enhancing their energy security and resilience. globenewswire.com - 4 months ago
NeoVolta Announces Vision for Rapid Growth in CEO Ardes Johnson's letter to shareholders New CEO Ardes Johnson Details Bold Strategies for Immediate Market Expansion and Innovation in Energy Storage New CEO Ardes Johnson Details Bold Strategies for Immediate Market Expansion and Innovation in Energy Storage globenewswire.com - 4 months ago
NeoVolta CEO Ardes Johnson Gives Expert Testimony to the US International Trade Commission Advising on Favorable Domestic Renewable Energy Policies Longtime industry veteran and frequent industry expert shares insights on domestic manufacturing capabilities Longtime industry veteran and frequent industry expert shares insights on domestic manufacturing capabilities globenewswire.com - 6 months ago
NeoVolta Announces Ardes Johnson as New CEO San Diego-based solar battery storage leader taps former Tesla energy executive with extensive product innovation and sales experience to lead company San Diego-based solar battery storage leader taps former Tesla energy executive with extensive product innovation and sales experience to lead company globenewswire.com - 6 months ago
NeoVolta's NV-14 Home Battery Named Solar Power World Top Solar Storage Products for 5th Consecutive Year San Diego-based solar battery storage leader recognized on prestigious Top Solar Storage Products list by Solar Power World for its home energy storage solution San Diego-based solar battery storage leader recognized on prestigious Top Solar Storage Products list by Solar Power World for its home energy storage solution globenewswire.com - 7 months ago
8. Profile Summary

NeoVolta Inc. NEOV

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 180 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 Colonel Brent S. Willson President, Chairman & Chief Technology Officer Mr. Henry Ardes Johnson Chief Executive Officer Mr. Steve Bond Chief Financial Officer & Director