An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Research and development

Impairment of goodwill

Impairment of property, plant, and equipment, and other non-current assets

Impairment of intangible assets

Impairment of right-of-use assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Mullen Automotive

Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q1 2025

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Mullen Automotive Inc. operates as an electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. It operates through the Bollinger and Mullen/ELMS segments. The company was founded by David Michery on April 20, 2010 and is headquartered in Brea, CA.

In the past, I was wary about electric vehicle manufacturer Mullen Automotive (NASDAQ: MULN ). However, my MULN stock analysis has gradually switched from full-on bearish to cautiously optimistic.

The Squeeze Is On! Is This the Start of Mullen Stock's Turnaround Story?

Faraday Future Intelligent Electric

Li Auto Inc.

The electric vehicle (EV) startup space is fraught with risk and uncertainty. The vast majority of U.S. EV startups are burning through cash at an alarming rate while struggling to deliver vehicles to market.

EV Stock Shuffle: 2 to Buy and 2 to Sell Before Summer Hits

Lucid Group

Rivian Automotive

Canoo

It's no secret that this is not a good year for EV stocks like Rivian, Tesla, Mullen Automotive, Canoo (GOEV), and Lucid Motors as most of them have tumbled hard.

This EV risk is bad news for EV stocks like Rivian, Lucid, MULN, GOEV

Once upon a time, Mullen Automotive (NASDAQ: MULN ) was an Electric Vehicle (EV) investor's dream. That's the first part of this MULN stock analysis.

MULN Stock Analysis: The Electric Vehicle Nightmare You Can't Wake Up From

Arbor Realty Trust

Redfin

Rewind a few weeks ago and the general consensus was much more optimistic regarding potential rate Cuts in March. then the Federal Reserve all but shut down that notion after unanimously voting to leave rates on changed at their early February meeting.

3 Stocks to Sell for Shifting Interest Rate Expectations

Mullen Automotive (NASDAQ: MULN ) has been among the most beaten-down electric vehicle (EV) stocks in recent years. Indeed, any time a given company needs to take on multiple reverse splits to remain listed, investors take notice.

MULN Stock Alert: Bollinger Names First Commercial Dealership

AMC Entertainment

Virgin Galactic

Without a doubt, the meme-stock craze is over for the most part. Nearly all of the former meme favorites, from Gamestop (NYSE: GME ) to Ocugen (NASDAQ: OCGN ) to Vinco Ventures (OTC: BBIG ), have lost the lion's share of their peak values and are currently struggling, both from a fundamental perspective and in terms of their stock prices.

Exit Now! 3 Meme Stocks to Sell in February 2024

DETROIT , Feb. 14, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, has named LaFontaine Automotive Group as their first authorized dealer, with two locations, Lansing and Farmington Hills, Mich. The Bollinger B4 Chassis Cab is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.

BOLLINGER MOTORS NAMES LAFONTAINE AS FIRST COMMERCIAL DEALERSHIP

BREA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has named LaFontaine Automotive Group as its first authorized dealer with two locations in Lansing and Farmington Hills, Michigan.

Mullen Announces Bollinger Motors First Commercial Dealership, LaFontaine Automotive Group

Mullen Automotive Inc. (NASDAQ: MULN), is updating its press release with certain corrections as described further below. There are no changes to the financial results for the three months ended Dec. 31, 2023. The prior press release as corrected is set forth in its entirety below.

CORRECTION – Mullen Reports Strongest Fiscal Quarter in Company's History for Three Months Ended Dec. 31, 2023

Shares of Mullen Automotive (NASDAQ: MULN ) stock are down by about 8% despite the company reporting a record quarter in terms of production and deliveries. During the fourth quarter, Mullen delivered a total of 231 vehicles worth $11.9 million.

Mullen Burned Through $66 Million of Cash in Q4

Company reports financial results and current business update Stockholders' equity $271,814,097.00 as of December 31, 2023 BREA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announces financial results for the three months ended Dec. 31, 2023, and a business update.

Mullen Reports Strongest Fiscal Quarter in Company's History for Three Months Ended Dec. 31, 2023

Bit Brother Ltd

Phunware Inc

Bit Brother (BETS), Phunware (PHUN), and Mullen Automotive (MULN) are troubled companies whose stocks have plunged by over 90% from their all-time highs. They are penny stocks with little institutional investor ownership.

Here's why PHUN, BETS, and MULN stocks are so popular

I'll admit it. I've been hard on electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ: MULN ).

Overdone! The Mullen Stock Beatdown Ought to End Soon.

Mullen Automotive (NASDAQ: MULN ) stock is in focus after the company announced that the IRS had approved Bollinger Motor as a “qualified manufacturer” for its Bollinger B4 chassis cab to receive clean vehicle credits under the Inflation Reduction Act of 2022. This means that eligible buyers of the B4, which can include businesses and tax-exempt organizations, can receive a tax credit of up to $40,000 per vehicle.

Mullen's Bollinger Motors Just Qualified for a $40,000 Commercial EV Tax Credit

The share price of Mullen Automotive NASDAQ: MULN is gaining traction, and it may be on track for a reversal, but the market has given no signal to that effect. At this point, investors holding since 2022 have lost an effective 100% of their position, creating a significant overhang for the market compounded by a still-high 16% short interest.

Mullen Automotive stock gains traction, can it reverse course?

In August 2023, Rolls-Royce unveiled the Droptail, the most expensive production vehicle in the world. According to industry estimates, the four vehicles produced will cost roughly $28 million each.

The $40 Million EV: How Mullen Lost $1 Billion

DETROIT , Feb. 6, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric vehicle ("EV") manufacturer, today announced it has received IRS approval as a "qualified manufacturer" for clean vehicle credits under the Inflation Reduction Act of 2022 (the "IRA").  This designation enables the Bollinger B4 chassis cab to qualify for the IRA's new credit for qualified commercial clean vehicles, providing eligible purchasers a tax credit of up to $40,000 per vehicle.

BOLLINGER MOTORS RECEIVES IRS APPROVAL FOR $40,000 COMMERCIAL EV FEDERAL TAX CREDIT

The company anticipates deliveries of the Bollinger B4 chassis cab to begin in the second half of 2024 The company anticipates deliveries of the Bollinger B4 chassis cab to begin in the second half of 2024

Mullen Announces Bollinger Motors Receives IRS Approval for $40,000 Commercial EV Tax Credit

Nikola

There are increasing signs that the electric vehicle bubble has popped as stocks of companies, big and small, crash. Taken together, EV investors have lost over 1 trillion in the past few years, with Tesla leading the way.

As the EV bubble pops, beware of these stocks: Nikola, FFIE, MULN

RE/MAX Hld

Let's face reality – the very concept of struggling stocks to sell is an ugly one. In many ways, the loyalty to the enterprises in our portfolio is understandable.

3 Struggling Stocks to Sell Before They Drag You Down

Workhorse Group

The electric vehicle (EV) market is still recovering from a highly volatile year. 2023 saw many of the sector's leaders battle severe headwinds as macroeconomic conditions pushed EV stocks down.

3 EV Stocks to Sell That Likely Won't Survive 2024

Company is focused on the commercial EV space while reducing reliance on foreign-made battery components Company is focused on the commercial EV space while reducing reliance on foreign-made battery components

Mullen Is Making Great Strides in the Commercial EV Segment and Development of US-Made Battery Capabilities

No investor wants to end up holding the bag following a bad investment. Yet, that is a very common scenario for those who choose to invest in meme stocks.

Ignore the Noise: 3 Meme Stocks EVERY Investor Should Pass On

Company has invoiced $17,318,000.00 to date for commercial vehicles Mullen Commercial is first-to-market with Class 1 EV cargo vans and Class 3 EV trucks;  positive gross margin on vehicles invoiced BREA, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc.

News for Mullen Automotive Stock (MULN)