NeoVolta Inc.
NASDAQ•NEOV
CEO: Colonel Brent S. Willson
Sector: Industrials
Industry: Electrical Equipment & Parts
Listing Date: 2020-05-20
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. The company provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. NeoVolta Inc. markets and sells its products directly to certified solar installers and solar equipment distributors. The company was founded in 2018 and is headquartered in Poway, California.
Contact Information
Market Cap
$124.40M
P/E (TTM)
-12.9
43.4
Dividend Yield
--
52W High
$7.13
52W Low
$1.80
52W Range
Rank61Top 91.5%
2.0
F-Score
Modified Piotroski Analysis
Based on 8-year fundamentals
Weak • 2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2025
Financial Dashboard
Q2 2026 Data
Revenue
$4.65M+0.00%
4-Quarter Trend
EPS
-$0.16+0.00%
4-Quarter Trend
FCF
-$2.58M+0.00%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Six Month Revenue Surge Six-month revenue $11.30M, up 580.5% from $1.66M, driven by rapid sales channel expansion outside Southern California.
Quarterly Loss Widens Quarterly Net Loss widened to $5.54M compared to $0.97M loss last year due to substantial increases in operating expenses.
Asset Acquisition Closed Closed October 2025 asset purchase from Neubau, allocating $1.5M purchase price to acquired intellectual property and tangible assets.
Significant Equity Issuance Issued 1.2M shares in December 2025 private offering, securing $3.0M gross proceeds for working capital needs.
Risk Factors
Net Loss Deterioration Six-month net loss increased to $6.78M from $1.94M, primarily driven by substantial General and Administrative expense growth.
Increased Cash Burn Net cash used in operating activities increased to $4.58M for six months, significantly higher than $1.45M used in 2024.
Supply Chain Tariff Exposure Dependency on single-source Chinese suppliers for batteries and inverters exposes results to potential adverse tariff rate fluctuations.
Internal Control Weakness Material weakness identified in disclosure controls due to lack of segregation of duties, requiring management to hire additional personnel.
Outlook
Joint Venture Funding Needs Must fund up to $33.0M in contingent capital contributions for the joint venture through June 30, 2027, subject to market conditions.
Post-Period Financing Secured Completed January 2026 registered direct offering raising $10.0M net proceeds intended for working capital and general corporate purposes.
Liquidity Reliance Forecast Currently not generating break-even operating cash flow; relies on credit sources and recent financing to operate for next 12 months.
Peer Comparison
Revenue (TTM)
$506.74M
$500.99M
$444.50M
Gross Margin (Latest Quarter)
64.1%
60.0%
55.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| MVST | $712.16M | -4.6 | -38.9% | 15.5% |
| ISSC | $496.55M | 26.1 | 31.1% | 21.4% |
| FCEL | $370.10M | -1.8 | -26.5% | 3.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
32.1%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:Jun 3, 2026
EPS:-$0.08
|Revenue:$4.50M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data