MULN RSI Chart
Last 7 days
-20.4%
Last 30 days
68.4%
Last 90 days
-46.9%
Trailing 12 Months
-99.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.4M | 0 | 0 | 0 |
2023 | 37.5M | 18.9M | 366.0K | 0 |
2022 | 0 | 0 | 74.7M | 56.1M |
2021 | 73.7M | 93.2M | 0 | 0 |
2020 | 65.8M | 63.0M | 62.9M | 65.7M |
2019 | 64.9M | 64.9M | 64.5M | 65.0M |
2018 | 61.4M | 62.8M | 65.2M | 65.8M |
2017 | 55.7M | 57.2M | 58.6M | 60.1M |
2016 | 60.0M | 66.8M | 68.1M | 54.3M |
2015 | 21.9M | 23.9M | 30.6M | 54.3M |
2014 | 22.7M | 22.0M | 21.5M | 21.2M |
2013 | 2.2M | 7.8M | 14.1M | 18.7M |
2012 | 491.2K | 799.3K | 1.1M | 1.4M |
2011 | 0 | 0 | 0 | 183.2K |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold MULN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | - | - | -% |
Unveiling Mullen Automotive, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Mullen Automotive, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
TSLA | 566.3B | 94.7B | 41.6 | 5.98 | ||||
GM | 52.9B | 174.9B | 4.95 | 0.3 | ||||
F | 48.9B | 177.5B | 12.43 | 0.28 | ||||
APTV | 22.3B | 20.1B | 7.46 | 1.11 | ||||
KMX | 11.5B | 26.5B | 23.91 | 0.43 | ||||
MID-CAP | ||||||||
BWA | 8.4B | 14.4B | 13.76 | 0.59 | ||||
ALSN | 6.6B | 3.1B | 9.78 | 2.13 | ||||
ABG | 4.9B | 15.4B | 8.56 | 0.32 | ||||
GT | 3.7B | 19.7B | -5.7 | 0.19 | ||||
ADNT | 2.6B | 15.2B | 16.55 | 0.17 | ||||
SMALL-CAP | ||||||||
BLBD | 1.7B | 1.3B | 21.39 | 1.36 | ||||
AXL | 933.4M | 6.2B | -116.67 | 0.15 | ||||
CAAS | 105.6M | 573.5M | 2.7 | 0.18 | ||||
WKHS | 75.6M | 13.1M | -0.61 | 5.77 | ||||
AYRO | 5.7M | 444.2K | -0.18 | 12.82 |
Mullen Automotive, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 | 2018Q1 | 2017Q4 |
Revenue | -42.5% | 33,335 | 58,000 | 308,000 | 1,995,217 | 12,427,456 | 22,859,696 | 33,291,935 | 23,785,346 | 19,412,073 | 16,734,374 | 13,718,609 | 15,842,567 | 16,645,432 | 16,819,686 | 16,487,311 | 15,047,182 | 16,096,948 | 17,242,758 | 16,464,717 | 15,982,394 | 15,460,711 |
Gross Profit | - | 19,895 | - | 59,331 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Costs and Expenses | - | - | - | - | - | - | - | 32,687,961 | 24,139,909 | 20,945,173 | 18,638,573 | 13,735,328 | 16,881,337 | - | 17,672,399 | - | - | - | - | - | - | - |
Operating Expenses | - | - | - | 53,865,823 | 67,891,309 | 73,618,020 | 34,256,654 | 6,405,553 | 5,215,011 | 3,470,701 | - | 13,735,328 | 16,881,337 | 17,965,017 | 17,672,399 | 19,096,812 | 15,850,548 | 17,265,477 | 18,004,398 | 17,876,427 | 16,971,637 | 19,177,233 |
S&GA Expenses | -100.0% | - | 71,659,971 | 31,777,812 | 47,412,338 | 64,996,011 | 22,270,940 | 4,926,154 | 4,676,740 | 2,952,678 | 1,647,596 | 1,385,329 | 2,319,911 | 2,259,063 | 2,398,786 | 2,299,070 | 2,384,866 | 2,465,903 | 2,346,809 | 2,499,496 | 2,446,480 | - |
R&D Expenses | -8.3% | 24,023,526 | 26,198,345 | 22,088,011 | 20,478,971 | 8,622,009 | 11,985,715 | 1,479,399 | 538,271 | 518,023 | 1,667,077 | - | - | - | - | - | - | - | - | - | - | - |
EBITDA Margin | 88.7% | -307 | -2,732 | -55.33 | -19.81 | -17.04 | -9.85 | 0.01 | -0.01 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | 25969900.0% | 259,700 | 1.00 | -825,626 | 1,888,169 | 3,056 | -92,118 | 363,312 | 356,281 | 3,945 | 360,503 | 341,020 | 348,414 | 344,851 | 270,041 | 252,582 | 245,054 | 152,269 | 215,935 | 235,738 | 243,238 | - |
Income Taxes | -Infinity% | -2,165,062 | - | 456,191 | -482,922 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | 17.5% | -173,527,310 | -210,331,284 | -310,970,169 | -117,391,457 | -378,954,399 | -254,805,971 | 1,251,111 | 290,422 | -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 Margin | 88.6% | -317 | -2,780 | -56.09 | -20.16 | -17.18 | -9.92 | -0.03 | -0.06 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 23.1% | -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 Margin | 89.4% | -281 | -2,656 | -55.66 | -20.00 | -17.11 | -9.91 | -0.34 | -0.23 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 17.6% | -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 | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -43.8% | 214 | 381 | 422 | 560 | 403 | 441 | 303 | 84.00 | 105 | 45.00 | 17.00 | 31.00 | 28.00 | 27.00 | 22.00 | 22.00 | 20.00 | 23.00 | 23.00 | 23.00 | 24.00 |
Current Assets | -38.1% | 89.00 | 144 | 198 | 255 | 99.00 | 136 | 86.00 | 63.00 | 84.00 | 23.00 | 7.00 | 18.00 | 16.00 | 14.00 | 15.00 | 8.00 | 6.00 | 9.00 | 7.00 | 7.00 | 7.00 |
Cash Equivalents | -63.4% | 30.00 | 82.00 | 155 | 214 | 60.00 | 107 | 84.00 | 61.00 | 65.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 2.00 | 1.00 | 1.00 |
Inventory | 7.3% | 33.00 | 31.00 | 17.00 | 12.00 | 7.00 | 7.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net PPE | -4.7% | 83.00 | 87.00 | 82.00 | 92.00 | 90.00 | 90.00 | 15.00 | 13.00 | 13.00 | 13.00 | 1.00 | - | - | - | 2.00 | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
Goodwill | -100.0% | - | 29.00 | 29.00 | 93.00 | 93.00 | 93.00 | 93.00 | - | - | - | - | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 |
Liabilities | -11.6% | 97.00 | 109 | 149 | 208 | 140 | 420 | 146 | 48.00 | 260 | 176 | 79.00 | 25.00 | 23.00 | 24.00 | 64.00 | 19.00 | 17.00 | 19.00 | 17.00 | 17.00 | 16.00 |
Current Liabilities | -13.4% | 84.00 | 96.00 | 140 | 190 | 121 | 397 | 122 | 59.00 | 43.00 | 48.00 | 71.00 | 16.00 | 14.00 | 15.00 | 58.00 | 10.00 | 9.00 | 10.00 | 8.00 | 9.00 | 10.00 |
Shareholder's Equity | -44.2% | 117 | 211 | 209 | 352 | 263 | 21.00 | 157 | 36.00 | 50.00 | 26.00 | - | 6.00 | 5.00 | 2.00 | 3.00 | 3.00 | 3.00 | 4.00 | 7.00 | 8.00 | 7.00 |
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 Capital | 0.8% | 2,151 | 2,134 | 2,071 | 1,950 | 1,550 | 1,189 | 949 | 672 | 476 | 176 | 89.00 | 192 | 192 | 190 | 64.00 | 185 | 185 | 185 | 185 | 185 | 183 |
Shares Outstanding | 35.5% | 8.00 | 6.00 | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 776.50* | 313.26* | 226.70* | 223.12* | 226.63* | - | - | - | - | - | - | - |
Minority Interest | -63.6% | 22.00 | 61.00 | 64.00 | 92.00 | 94.00 | 96.00 | 98.00 | 0.00 | 0.00 | 176 | - | -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 (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 18.9% | -48,572 | -59,900 | -65,572 | -46,060 | -34,339 | -33,227 | -22,575 | -18,348 | -10,158 | -14,712 | -10,449 | -7,417 | -2,255 | 85.00 | 48.00 | -763 | 448 | -755 | -798 | -360 | -237 |
Share Based Compensation | -87.7% | 1,706 | 13,903 | 14,426 | 23,318 | 6,944 | 40,753 | 11,236 | 29,187 | 1,689 | 1,604 | 3,659 | 1,092 | 11.00 | 566 | 1,089 | 7.00 | 38.00 | 15.00 | 15.00 | 2,006 | 15.00 |
Cashflow From Investing | 18.4% | -5,604 | -6,865 | -473 | -10,029 | -3,701 | -93,718 | -35,880 | -535 | -275 | -10,462 | 139 | -339 | 270 | -72.58 | -623 | 26.00 | -420 | -365 | -407 | -614 | -1,064 |
Cashflow From Financing | - | - | - | -5,717 | 196,775 | 17,360 | 150,000 | 81,720 | 14,714 | 75,655 | 25,194 | 10,086 | 7,269 | 1,662 | 178 | 2,099 | 808 | 112 | 1,074 | 866 | 1,319 | 197 |
Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 6 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) | 19,895 | 0 | 19,895 | 0 |
Operating expenses: | ||||
General and administrative | 47,903,692 | 47,412,338 | 91,137,744 | 112,408,349 |
Research and development | 24,023,526 | 20,478,971 | 40,193,493 | 29,100,980 |
Impairment of goodwill | 28,846,832 | 0 | 28,846,832 | 0 |
Impairment of right-of-use assets | 3,167,608 | 0 | 3,167,608 | 0 |
Impairment of intangible assets | 73,447,067 | 0 | 73,447,067 | 0 |
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 liabilities | 0 | 0 | 0 | (255,960,025) |
Gain/(loss) on derivative liability revaluation | 3,622,758 | (48,439,415) | (3,106,223) | (89,221,391) |
Gain/(loss) on extinguishment of debt | 34,625 | (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 termination | 0 | 0 | 50,000 | 0 |
Interest expense | (259,700) | (1,888,169) | (517,723) | (4,716,258) |
Other income, net | 893,692 | 482,405 | 1,439,108 | 1,128,286 |
Net loss before income tax benefit | (173,527,310) | (117,391,457) | (239,246,927) | (496,345,856) |
Income tax benefit | 2,165,062 | 482,922 | 3,891,300 | 976,576 |
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) | 6,829,415 | 91,566 | 5,410,894 | 75,847 |
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 cash | 7,429,572 | 429,372 |
Accounts receivable | 0 | 671,750 |
Inventory | 32,961,724 | 16,807,013 |
Prepaid expenses and prepaid inventories | 26,114,664 | 24,955,223 |
TOTAL CURRENT ASSETS | 88,884,049 | 198,130,456 |
Property, plant, and equipment, net | 82,803,852 | 82,032,785 |
Intangible assets, net | 28,812,583 | 104,235,249 |
Related party receivable | 0 | 2,250,489 |
Right-of-use assets | 11,616,450 | 5,249,417 |
Goodwill, net | 0 | 28,846,832 |
Other noncurrent assets | 2,002,815 | 960,502 |
TOTAL ASSETS | 214,119,749 | 421,705,730 |
CURRENT LIABILITIES | ||
Accounts payable | 22,698,645 | 13,175,504 |
Accrued expenses and other current liabilities | 43,192,512 | 41,208,929 |
Dividends payable | 445,205 | 401,859 |
Derivative liabilities | 5,124,487 | 64,863,309 |
Liability to issue shares | 7,789,786 | 9,935,950 |
Lease liabilities, current portion | 1,142,350 | 2,134,494 |
Notes payable, current portion | 2,717,804 | 7,461,492 |
Refundable deposits | 429,572 | 429,372 |
TOTAL CURRENT LIABILITIES | 83,540,361 | 139,610,909 |
Liability to issue shares, net of current portion | 526,684 | 1,827,889 |
Lease liabilities, net of current portion | 12,638,061 | 3,566,922 |
Deferred tax liability | 0 | 3,891,900 |
TOTAL LIABILITIES | 96,705,106 | 148,897,620 |
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 (*) | 7,974 | 2,872 |
Additional paid-in capital (*) | 2,151,067,184 | 2,071,110,126 |
Accumulated deficit | (2,055,988,895) | (1,862,162,037) |
TOTAL STOCKHOLDERS' EQUITY ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS | 95,087,839 | 208,952,537 |
Noncontrolling interest | 22,326,804 | 63,855,573 |
TOTAL STOCKHOLDERS' EQUITY | 117,414,643 | 272,808,110 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 214,119,749 | 421,705,730 |
Series D Preferred Stock [Member] | ||
CURRENT LIABILITIES | ||
Dividends payable | 0 | |
STOCKHOLDERS' EQUITY | ||
Preferred stock | 363 | 363 |
Series C Preferred Stock [Member] | ||
STOCKHOLDERS' EQUITY | ||
Preferred stock | 1,212 | 1,212 |
Series A Preferred Stock [Member] | ||
STOCKHOLDERS' EQUITY | ||
Preferred stock | $ 1 | $ 1 |
Mr. David Michery | |
mullenusa.com | |
Autos | |
118 |