Company Overview
NeoVolta Inc. operates within the Industrials sector, specifically focusing on the Electrical Equipment & Parts industry, where it designs, manufactures, and sells energy storage systems for residential and commercial sites in the United States. The company's product portfolio includes the NV14, NV14-K, NV 24 energy storage systems that utilize batteries and inverters, as well as the NV16KAC model, which are marketed and sold to store and use energy at various locations. With a market capitalization of $173.29M, the company demonstrates its current valuation standing in the public markets, supported by an annual revenue of $18.06M and a workforce consisting of 17 employees. These financial figures indicate that NeoVolta is a micro-cap entity with a relatively small operational footprint, suggesting that its market position is currently defined by niche product offerings rather than broad-scale manufacturing dominance. The combination of high revenue growth and a limited employee base implies that the company relies heavily on specialized engineering capabilities to drive its expansion within the energy storage market.
Financial Health
The company reported a trailing twelve-month revenue of $18.06M alongside a net income of $-9,881,086, a significant disparity that reveals a cost structure where expenses substantially exceed earnings before interest and taxes, resulting in a negative bottom line. EBITDA data is not currently available for this period, meaning analysts must rely on the net loss and revenue figures to assess operational profitability. The free cash flow stands at $-3,919,638, which indicates that the company is burning cash and lacks immediate financial flexibility to fund operations without external capital injections or equity issuance. Margin analysis shows a gross margin of 19.0%, suggesting that the company retains a moderate portion of sales revenue after direct production costs, though the operating margin of -96.4% and profit margin of -54.7% highlight severe inefficiencies in overhead management or high fixed costs relative to sales volume. On the balance sheet, the company holds $242,434 in cash against $4.36M in debt, creating a situation where liabilities significantly outweigh liquid assets. The debt-to-equity ratio is 87.22, confirming that the capital structure is highly leveraged, while the current ratio of 2.10 suggests the company maintains sufficient short-term assets to cover its current liabilities, providing a buffer despite the leverage. Return on Equity is -238.0% and Return on Assets is -72.0%, metrics that reveal management has not yet generated positive returns on the capital invested, indicating a period of heavy investment or loss-making operations that are suppressing shareholder value.
Valuation Assessment
The trailing P/E ratio is listed as N/A due to the negative earnings, while the forward P/E is 407.00, a stark difference that implies the market is pricing in a future turnaround where earnings are expected to turn positive, though such high multiples often carry significant risk. The price-to-book ratio is 29.49, indicating that the stock trades at a substantial premium over its book value, a valuation metric often seen in growth-oriented companies where investors pay for future potential rather than current asset backing. The price-to-sales ratio is 9.59, and the EV/EBITDA is N/A, suggesting that traditional profitability-based valuation models are less applicable and that the market relies heavily on revenue multiples to value the stock. The 52-week high is $7.13 and the 52-week low is $1.80; without a specific current price provided in the facts, the range establishes the historical volatility band within which the stock has traded over the last year. The beta is -0.21, a negative value that indicates the stock's price volatility moves inversely to the broader market, behaving differently than typical industrial equities during market swings.
Growth & Income
Revenue growth year-over-year is 333.5%, demonstrating an explosive expansion in sales, whereas earnings growth is N/A due to the lack of profitable earnings in the comparative period. This divergence between revenue and earnings implies that the company is successfully scaling its top line but is struggling to convert that growth into immediate net income, likely due to the high operating expenses mentioned in the financial health section. As the dividend yield is N/A and the payout ratio is 0.0%, the company does not pay dividends, which means it retains all earnings to reinvest into growth initiatives, research, or debt reduction rather than distributing cash to shareholders. The overall growth and income profile presents a high-risk, high-reward scenario characterized by rapid revenue expansion and zero income distribution, requiring investors to rely on potential future profitability rather than current cash flow or dividend income for returns.