Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
MULN

MULN - Mullen Automotive, Inc. Stock Price, Fair Value and News

4.85USD-0.77 (-13.70%)Delayed

Market Summary

MULN
USD4.85-0.77
Delayed
-13.70%

MULN Stock Price

View Fullscreen

MULN RSI Chart

MULN Valuation

Market Cap

55.4M

Price/Earnings (Trailing)

-0.08

Price/Sales (Trailing)

23.12

EV/EBITDA

-0.03

Price/Free Cashflow

-0.23

MULN Price/Sales (Trailing)

MULN Profitability

EBT Margin

-31761.61%

Return on Equity

-574.79%

Return on Assets

-315.19%

Free Cashflow Yield

-438.63%

MULN Fundamentals

MULN Revenue

Revenue (TTM)

2.4M

Rev. Growth (Yr)

-98.33%

Rev. Growth (Qtr)

-42.53%

MULN Earnings

Earnings (TTM)

-674.9M

Earnings Growth (Yr)

-15.25%

Earnings Growth (Qtr)

-115.71%

Breaking Down MULN Revenue

Last 7 days

-20.4%

Last 30 days

68.4%

Last 90 days

-46.9%

Trailing 12 Months

-99.6%

How does MULN drawdown profile look like?

MULN Financial Health

Current Ratio

1.06

MULN Investor Care

Shares Dilution (1Y)

5854.04%

Diluted EPS (TTM)

3.2K

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.4M000
202337.5M18.9M366.0K0
20220074.7M56.1M
202173.7M93.2M00
202065.8M63.0M62.9M65.7M
201964.9M64.9M64.5M65.0M
201861.4M62.8M65.2M65.8M
201755.7M57.2M58.6M60.1M
201660.0M66.8M68.1M54.3M
201521.9M23.9M30.6M54.3M
201422.7M22.0M21.5M21.2M
20132.2M7.8M14.1M18.7M
2012491.2K799.3K1.1M1.4M
2011000183.2K

Tracking the Latest Insider Buys and Sells of Mullen Automotive, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 02, 2023
michery david
acquired
-
-
1,000,000
ceo, president
Oct 10, 2023
michery david
acquired
-
-
8,657,590
ceo, president
Aug 16, 2023
michery david
bought
100,428
0.9842
102,040
ceo, president
Jul 05, 2023
michery david
acquired
-
-
6,433,760
ceo, president
Jun 15, 2023
michery david
gifted
-
-
-541,813
ceo, president
Jun 15, 2023
michery david
sold
-547,000
0.2616
-2,090,980
ceo, president
Jun 13, 2023
michery david
acquired
-
-
2,632,790
ceo, president

1–10 of 50

Which funds bought or sold MULN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
CITADEL ADVISORS LLC
added
69,100
3,584
3,598
-%
May 15, 2024
Federation des caisses Desjardins du Quebec
new
-
114
114
-%
May 15, 2024
PACIFIC CAPITAL WEALTH ADVISORS, INC
unchanged
-
-9.00
5.00
-%
May 15, 2024
Steward Partners Investment Advisory, LLC
unchanged
-
-909
520
-%
May 15, 2024
Engineers Gate Manager LP
new
-
138,518
138,518
-%
May 15, 2024
TWO SIGMA SECURITIES, LLC
new
-
52,395
52,395
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
new
-
103,194
103,194
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-8.37
-10,011
5,008
-%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
10.00
10.00
-%
May 15, 2024
Royal Bank of Canada
reduced
-25.00
-
-
-%

1–10 of 42

Are Funds Buying or Selling MULN?

Are funds buying MULN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MULN
No. of Funds

Unveiling Mullen Automotive, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 20, 2024
esousa holdings llc
5.1%
334,223
SC 13G/A
Mar 01, 2023
davis-rice pty ltd
9.00%
178,410,495
SC 13G
Feb 16, 2023
peizer terren s
-
0
SC 13G/A
Feb 15, 2023
esousa holdings llc
-
0
SC 13G/A
Feb 14, 2023
ault alliance, inc.
4.07%
71,962,534
SC 13G/A
Sep 20, 2022
bollinger robert
6.8%
51,069,546
SC 13G
Apr 01, 2022
jadr consulting group pty ltd
2.7%
5,036,215
SC 13G
Apr 01, 2022
tdr capital pty ltd
5.5%
10,282,777
SC 13G
Mar 10, 2022
peizer terren s
9.99%
29,363,838
SC 13G/A
Mar 10, 2022
esousa holdings llc
9.57%
1.8e+07
SC 13G/A

Recent SEC filings of Mullen Automotive, Inc.

View All Filings
Date Filed Form Type Document
May 14, 2024
8-K
Current Report
May 14, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
May 06, 2024
8-K
Current Report
May 06, 2024
8-A12B
8-A12B
Apr 29, 2024
8-K
Current Report
Apr 08, 2024
8-K
Current Report
Mar 13, 2024
8-K
Current Report
Mar 07, 2024
8-K
Current Report
Mar 05, 2024
8-K
Current Report

Peers (Alternatives to Mullen Automotive, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
566.3B
94.7B
14.23% 0.38%
41.6
5.98
10.12% 15.85%
52.9B
174.9B
7.77% 39.09%
4.95
0.3
8.79% 13.26%
48.9B
177.5B
1.99% 5.50%
12.43
0.28
7.54% 33.01%
22.3B
20.1B
18.40% -13.41%
7.46
1.11
11.06% 348.88%
11.5B
26.5B
6.25% -0.44%
23.91
0.43
-10.61% -1.15%
MID-CAP
8.4B
14.4B
16.35% -17.59%
13.76
0.59
5.28% -36.11%
6.6B
3.1B
-5.82% 52.54%
9.78
2.13
8.82% 17.48%
4.9B
15.4B
13.81% 15.50%
8.56
0.32
2.10% -39.62%
3.7B
19.7B
8.02% -9.26%
-5.7
0.19
-5.64% -9328.57%
2.6B
15.2B
3.59% -19.11%
16.55
0.17
3.04% 1216.67%
SMALL-CAP
1.7B
1.3B
55.08% 113.22%
21.39
1.36
26.17% 337.87%
933.4M
6.2B
14.24% 12.78%
-116.67
0.15
5.67% -113.75%
105.6M
573.5M
-1.13% -36.48%
2.7
0.18
7.12% 39.36%
75.6M
13.1M
41.18% -74.91%
-0.61
5.77
160.69% -5.67%
5.7M
444.2K
-14.93% 90.00%
-0.18
12.82
-78.61% -35.63%

Mullen Automotive, Inc. News

Latest updates
Benzinga15 May 202404:09 pm
Defense World05 May 202407:00 am
InvestorPlace29 Apr 202407:00 am
InvestorPlace23 Apr 202407:00 am

Mullen Automotive, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q32023Q22023Q12022Q42022Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q12017Q4
Revenue-42.5%33,33558,000308,0001,995,21712,427,45622,859,69633,291,93523,785,34619,412,07316,734,37413,718,60915,842,56716,645,43216,819,68616,487,31115,047,18216,096,94817,242,75816,464,71715,982,39415,460,711
Gross Profit-19,895-59,331------------------
Costs and Expenses-------32,687,96124,139,90920,945,17318,638,57313,735,32816,881,337-17,672,399-------
Operating Expenses---53,865,82367,891,30973,618,02034,256,6546,405,5535,215,0113,470,701-13,735,32816,881,33717,965,01717,672,39919,096,81215,850,54817,265,47718,004,39817,876,42716,971,63719,177,233
  S&GA Expenses-100.0%-71,659,97131,777,81247,412,33864,996,01122,270,9404,926,1544,676,7402,952,6781,647,5961,385,3292,319,9112,259,0632,398,7862,299,0702,384,8662,465,9032,346,8092,499,4962,446,480-
  R&D Expenses-8.3%24,023,52626,198,34522,088,01120,478,9718,622,00911,985,7151,479,399538,271518,0231,667,077-----------
EBITDA Margin88.7%-307-2,732-55.33-19.81-17.04-9.850.01-0.01-------------
Interest Expenses25969900.0%259,7001.00-825,6261,888,1693,056-92,118363,312356,2813,945360,503341,020348,414344,851270,041252,582245,054152,269215,935235,738243,238-
Income Taxes-Infinity%-2,165,062-456,191-482,922-----------------
Earnings Before Taxes17.5%-173,527,310-210,331,284-310,970,169-117,391,457-378,954,399-254,805,9711,251,111290,422-1,861,259-2,342,486-338,414-1,377,444-1,572,753-1,039,411-1,577,672-1,134,813-515,096-936,068-973,212--
EBT Margin88.6%-317-2,780-56.09-20.16-17.18-9.92-0.03-0.06-------------
Net Income23.1%-132,431,960-172,207,243-308,858,234-114,913,318-376,275,786-254,015,625-15,251,402-9,297,770-4,996,450-2,329,570-324,690-1,378,026-2,762,365-1,010,627-1,577,672-1,134,813-1,490,227-910,414-973,212--
Net Income Margin89.4%-281-2,656-55.66-20.00-17.11-9.91-0.34-0.23-------------
Free Cashflow17.6%-54,177,296-65,751,831-56,090,225-37,911,774-33,954,174-23,213,571-7,434,712-2,284,751-------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-43.8%21438142256040344130384.0010545.0017.0031.0028.0027.0022.0022.0020.0023.0023.0023.0024.00
  Current Assets-38.1%89.0014419825599.0013686.0063.0084.0023.007.0018.0016.0014.0015.008.006.009.007.007.007.00
    Cash Equivalents-63.4%30.0082.0015521460.0010784.0061.0065.000.000.001.001.000.000.001.001.000.002.001.001.00
  Inventory7.3%33.0031.0017.0012.007.007.00---------------
  Net PPE-4.7%83.0087.0082.0092.0090.0090.0015.0013.0013.0013.001.00---2.00--0.000.000.000.00
  Goodwill-100.0%-29.0029.0093.0093.0093.0093.00----8.008.008.008.008.008.008.009.009.009.00
Liabilities-11.6%97.0010914920814042014648.0026017679.0025.0023.0024.0064.0019.0017.0019.0017.0017.0016.00
  Current Liabilities-13.4%84.0096.0014019012139712259.0043.0048.0071.0016.0014.0015.0058.0010.009.0010.008.009.0010.00
Shareholder's Equity-44.2%11721120935226321.0015736.0050.0026.00-6.005.002.003.003.003.004.007.008.007.00
  Retained Earnings-6.9%-2,056-1,923-1,862-1,689-1,381-1,266-889-635-631-306-150-183-184-184-106-180-180-178-175-176-173
  Additional Paid-In Capital0.8%2,1512,1342,0711,9501,5501,18994967247617689.0019219219064.00185185185185185183
Shares Outstanding35.5%8.006.003.001.000.000.000.000.000.00776.50*313.26*226.70*223.12*226.63*-------
Minority Interest-63.6%22.0061.0064.0092.0094.0096.0098.000.000.00176--0.29-0.28-0.27-0.27-0.26-0.24-0.23-0.21-0.18-0.14
Float-----360---657---47.00--32.00---16.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations18.9%-48,572-59,900-65,572-46,060-34,339-33,227-22,575-18,348-10,158-14,712-10,449-7,417-2,25585.0048.00-763448-755-798-360-237
  Share Based Compensation-87.7%1,70613,90314,42623,3186,94440,75311,23629,1871,6891,6043,6591,09211.005661,0897.0038.0015.0015.002,00615.00
Cashflow From Investing18.4%-5,604-6,865-473-10,029-3,701-93,718-35,880-535-275-10,462139-339270-72.58-62326.00-420-365-407-614-1,064
Cashflow From Financing----5,717196,77517,360150,00081,72014,71475,65525,19410,0867,2691,6621782,0998081121,0748661,319197
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

MULN Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Vehicle sales$ 33,335$ 0$ 33,335$ 0
Cost of revenues(13,440)0(13,440)0
Gross profit / (loss)19,895019,8950
Operating expenses:    
General and administrative47,903,69247,412,33891,137,744112,408,349
Research and development24,023,52620,478,97140,193,49329,100,980
Impairment of goodwill28,846,832028,846,8320
Impairment of right-of-use assets3,167,60803,167,6080
Impairment of intangible assets73,447,067073,447,0670
Loss from operations(177,368,830)(67,891,309)(236,772,849)(141,509,329)
Other income (expense):    
Other financing costs - initial recognition of derivative liabilities000(255,960,025)
Gain/(loss) on derivative liability revaluation3,622,758(48,439,415)(3,106,223)(89,221,391)
Gain/(loss) on extinguishment of debt34,625(40,000)34,625(6,452,170)
Gain/(loss) on disposal of fixed assets(449,855)385,031(373,865)385,031
Gain on lease termination0050,0000
Interest expense(259,700)(1,888,169)(517,723)(4,716,258)
Other income, net893,692482,4051,439,1081,128,286
Net loss before income tax benefit(173,527,310)(117,391,457)(239,246,927)(496,345,856)
Income tax benefit2,165,062482,9223,891,300976,576
Net loss(171,362,248)(116,908,535)(235,355,627)(495,369,280)
Net loss attributable to noncontrolling interest(38,930,288)(1,995,217)(41,528,769)(4,180,176)
Net loss attributable to stockholders(132,431,960)(114,913,318)(193,826,858)(491,189,104)
Waived/(accrued) accumulated preferred dividends(22,043)8,039,612(43,346)7,400,935
Net loss attributable to common stockholders after preferred dividends$ (132,454,003)$ (106,873,706)$ (193,870,204)$ (483,788,169)
Net Loss per Share (*) (in dollars per share)$ (19.39)$ (1,167.18)$ (35.83)$ (6,378.47)
Weighted average shares outstanding, basic and diluted (*) (in shares)6,829,41591,5665,410,89475,847

MULN Balance Sheet

2024-03-31
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2024
Sep. 30, 2023
CURRENT ASSETS  
Cash and cash equivalents$ 22,378,089$ 155,267,098
Restricted cash7,429,572429,372
Accounts receivable0671,750
Inventory32,961,72416,807,013
Prepaid expenses and prepaid inventories26,114,66424,955,223
TOTAL CURRENT ASSETS88,884,049198,130,456
Property, plant, and equipment, net82,803,85282,032,785
Intangible assets, net28,812,583104,235,249
Related party receivable02,250,489
Right-of-use assets11,616,4505,249,417
Goodwill, net028,846,832
Other noncurrent assets2,002,815960,502
TOTAL ASSETS214,119,749421,705,730
CURRENT LIABILITIES  
Accounts payable22,698,64513,175,504
Accrued expenses and other current liabilities43,192,51241,208,929
Dividends payable445,205401,859
Derivative liabilities5,124,48764,863,309
Liability to issue shares7,789,7869,935,950
Lease liabilities, current portion1,142,3502,134,494
Notes payable, current portion2,717,8047,461,492
Refundable deposits429,572429,372
TOTAL CURRENT LIABILITIES83,540,361139,610,909
Liability to issue shares, net of current portion526,6841,827,889
Lease liabilities, net of current portion12,638,0613,566,922
Deferred tax liability03,891,900
TOTAL LIABILITIES96,705,106148,897,620
Contingencies and claims (Note 19)
STOCKHOLDERS' EQUITY  
Common stock; $0.001 par value; 5,000,000,000 and 5,000,000,000 shares authorized at March 31, 2024 and September 30, 2023, respectively; 7,974,442 and 2,871,707 shares issued and outstanding at March 31, 2024 and September 30, 2023 respectively (*)7,9742,872
Additional paid-in capital (*)2,151,067,1842,071,110,126
Accumulated deficit(2,055,988,895)(1,862,162,037)
TOTAL STOCKHOLDERS' EQUITY ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS95,087,839208,952,537
Noncontrolling interest22,326,80463,855,573
TOTAL STOCKHOLDERS' EQUITY117,414,643272,808,110
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY214,119,749421,705,730
Series D Preferred Stock [Member]  
CURRENT LIABILITIES  
Dividends payable0 
STOCKHOLDERS' EQUITY  
Preferred stock363363
Series C Preferred Stock [Member]  
STOCKHOLDERS' EQUITY  
Preferred stock1,2121,212
Series A Preferred Stock [Member]  
STOCKHOLDERS' EQUITY  
Preferred stock$ 1$ 1
MULN
Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.
 CEO
 WEBSITEmullenusa.com
 INDUSTRYAutos
 EMPLOYEES118

Mullen Automotive, Inc. Frequently Asked Questions


What is the ticker symbol for Mullen Automotive, Inc.? What does MULN stand for in stocks?

MULN is the stock ticker symbol of Mullen Automotive, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mullen Automotive, Inc. (MULN)?

As of Fri May 17 2024, market cap of Mullen Automotive, Inc. is 55.35 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MULN stock?

You can check MULN's fair value in chart for subscribers.

What is the fair value of MULN stock?

You can check MULN's fair value in chart for subscribers. The fair value of Mullen Automotive, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mullen Automotive, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MULN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mullen Automotive, Inc. a good stock to buy?

The fair value guage provides a quick view whether MULN is over valued or under valued. Whether Mullen Automotive, Inc. is cheap or expensive depends on the assumptions which impact Mullen Automotive, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MULN.

What is Mullen Automotive, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MULN's PE ratio (Price to Earnings) is -0.08 and Price to Sales (PS) ratio is 23.12. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MULN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Mullen Automotive, Inc.'s stock?

In the past 10 years, Mullen Automotive, Inc. has provided -0.747 (multiply by 100 for percentage) rate of return.