MULN Stock Price, Mullen Automotive, Inc. Quote, Chart

Market Summary

USD2.62-0.29

Market Closed

-9.97%

MULN Stock Price

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MULN RSI Chart

MULN Valuation

Market Cap

17.2M

Price/Earnings (Trailing)

-0.03

Price/Sales (Trailing)

58.01

EV/EBITDA

0.09

Price/Free Cashflow

-0.08

MULN Price/Sales (Trailing)

MULN Profitability

EBT Margin

-192462.44%

Return on Equity

-312.21%

Return on Assets

-172.46%

Free Cashflow Yield

-1.3K%

MULN Fundamentals

MULN Revenue

Revenue (TTM)

366.0K

Rev. Growth (Yr)

-99.77%

Rev. Growth (Qtr)

-81.17%

MULN Earnings

Earnings (TTM)

-657.4M

Earnings Growth (Yr)

83.68%

Earnings Growth (Qtr)

64.35%

Breaking Down MULN Revenue

Last 7 days

-30.5%

Last 30 days

-42.9%

Last 90 days

-66.5%

Trailing 12 Months

-99.9%

How does MULN drawdown profile look like?

MULN Financial Health

Current Ratio

1.49

MULN Investor Care

Shares Dilution (1Y)

8338.06%

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

Year	Q1	Q2	Q3	Q4
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

Get all data in R, Python etc through our Historical Stock Data APIs

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

Filter Transactions

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 Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	WOLFF WIESE MAGANA LLC	sold off	-100	-15.00	-	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	new	-	-	-	-%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-9.00	6.00	-%
Apr 16, 2024	Register Financial Advisors LLC	new	-	5.00	5.00	-%
Apr 15, 2024	Sunbelt Securities, Inc.	reduced	-50.00	-24.00	5.00	-%
Apr 10, 2024	SOA Wealth Advisors, LLC.	sold off	-100	-29.00	-	-%
Apr 09, 2024	Halpern Financial, Inc.	unchanged	-	-9.00	4.00	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	new	-	14.00	14.00	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	sold off	-100	-	-	-%
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-5,426,280	-	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
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
Feb 20, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	10-Q	Quarterly Report
Feb 13, 2024	8-K	Current Report
Feb 13, 2024	8-K/A	Current Report
Jan 29, 2024	8-K	Current Report
Jan 24, 2024	8-K	Current Report

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	468.2B	96.8B	-16.30%	-9.80%	31.22	4.84	18.80%	19.44%
GM	48.9B	171.8B	-1.17%	26.27%	4.85	0.28	9.64%	2.33%
F	48.5B	176.2B	-5.89%	2.27%	11.14	0.28	11.47%	328.08%
APTV	19.4B	20.1B	-11.90%	-34.38%	6.61	0.97	14.65%	394.61%
KMX	10.8B	26.5B	-17.75%	1.30%	22.44	0.41	-10.61%	-1.15%
MID-CAP
BWA	7.5B	15.0B	0.24%	-32.88%	12.06	0.5	12.05%	-33.79%
ALSN	6.8B	3.0B	0.95%	68.25%	10.16	2.25	9.61%	26.74%
ABG	4.4B	14.8B	-1.54%	5.06%	7.29	0.3	-4.09%	-39.59%
GT	3.4B	20.1B	-9.73%	13.05%	-4.9	0.17	-3.55%	-440.59%
ADNT	2.6B	15.4B	-14.63%	-26.70%	12.35	0.17	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	-2.30%	91.47%	17.82	0.9	33.91%	215.64%
AXL	828.9M	6.1B	0.28%	-2.21%	-24.67	0.14	4.78%	-152.26%
CAAS	109.3M	576.4M	4.62%	-23.63%	2.9	0.19	8.84%	77.79%
WKHS	50.4M	5.0M	-30.43%	-84.00%	-0.41	3.85	160.69%	-5.67%
AYRO	6.8M	498.9K	-16.36%	137.93%	-0.2	13.66	-83.32%	-48.94%

Mullen Automotive, Inc. News

Latest updates

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

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1	2017Q4	2017Q3
Revenue	-81.2%	58,000	308,000	8,553,984	16,799,968	25,045,951	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	14,901,131
Gross Profit	-100.0%	-	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	-100.0%	-	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	16,175,343
S&GA Expenses	125.5%	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	18.6%	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	-24226.3%	-2,735	-11.24	-7.98	-10.24	-7.89	0.01	-0.01	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	1.00	117,472	1,972	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	886,809	-
Income Taxes	-100.0%	-	456,191	-482,922	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	32.4%	-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	-1,583,294	-	-
EBT Margin	-24315.8%	-2,780	-11.39	-8.10	-10.33	-7.94	-0.03	-0.06	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	44.2%	-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	-1,583,294	-	-
Net Income Margin	-23394.1%	-2,656	-11.31	-8.05	-10.30	-7.93	-0.34	-0.23	-0.14	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-17.2%	-65,724,022	-56,090,225	-37,911,774	-33,954,174	-23,213,571	-7,434,712	-2,284,751	53,977	-	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-9.6%	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	26.00
Current Assets	-27.6%	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	10.00
Cash Equivalents	-47.5%	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	2.00
Inventory	82.8%	31.00	17.00	12.00	7.00	7.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	6.0%	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	0.00
Goodwill	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	9.00
Liabilities	-26.6%	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	17.00
Current Liabilities	-30.9%	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	11.00
Shareholder's Equity	0.8%	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	9.00
Retained Earnings	-3.3%	-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	-172
Additional Paid-In Capital	3.0%	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	183
Shares Outstanding	104.9%	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*	226.05*	-	-	-	-	-	-	-
Minority Interest	-4.1%	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	-0.13
Float	-	-	-	-	360	-	-	-	657	-	-	-	47.00	-	-	32.00	-	-	-	16.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	8.7%	-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	6.00
Share Based Compensation	-3.6%	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	15.00
Cashflow From Investing	-1349.8%	-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	-1,561
Cashflow From Financing	100.0%	-	-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	844

MULN Income Statement

2023-12-31

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating expenses:
General and administrative	$ 43,234,052	$ 64,996,011
Research and development	16,169,967	8,622,009
Loss from operations	(59,404,019)	(73,618,020)
Other income (expense):
Other financing costs - initial recognition of derivative liabilities		(255,960,025)
Loss on derivative liability revaluation	(6,728,981)	(40,781,976)
Loss on extinguishment of debt, net		(6,412,170)
Gain on sale of fixed assets	75,990
Gain on lease termination	50,000
Interest expense	(258,023)	(2,828,089)
Other income (expense), net	545,416	645,881
Net loss before income tax benefit	(65,719,617)	(378,954,399)
Income tax benefit/ (provision)	1,726,238	493,654
Net loss	(63,993,379)	(378,460,745)
Net loss attributable to noncontrolling interest	(2,598,481)	(2,184,959)
Net loss attributable to stockholders	(61,394,898)	(376,275,786)
Accrued accumulated preferred dividends	(21,303)	(638,677)
Net loss attributable to common stockholders after preferred dividends	$ (61,416,201)	$ (376,914,463)
Net Loss per Share, basic	$ (15.32)	$ (6,233.08)
Net Loss per share, diluted	$ (15.32)	$ (6,233.08)
Weighted average shares outstanding, basic	4,007,791	60,470
Weighted average shares outstanding, diluted	4,007,791	60,470

MULN Balance Sheet

2023-12-31

CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Sep. 30, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 81,512,264	$ 155,267,098
Restricted cash	7,426,972	429,372
Accounts receivable		671,750
Inventory	30,719,529	16,807,013
Prepaid expenses and prepaid inventories	23,863,455	24,955,223
TOTAL CURRENT ASSETS	143,522,220	198,130,456
Property, plant, and equipment, net	86,916,241	82,032,785
Intangible assets, net	103,569,927	104,235,249
Related party receivable	2,733,998	2,250,489
Right-of-use assets	13,400,598	5,249,417
Goodwill, net	28,846,832	28,846,832
Other non-current assets	2,186,704	960,502
TOTAL ASSETS	381,176,520	421,705,730
CURRENT LIABILITIES
Accounts payable	15,458,604	13,175,504
Accrued expenses and other current liabilities	38,166,937	41,201,929
Dividends payable	423,163	401,859
Derivative liabilities	20,714,620	64,863,309
Liability to issue shares	11,489,068	9,935,950
Lease liabilities, current portion	2,137,882	2,134,494
Notes payable, current portion	7,622,156	7,461,492
Refundable deposits	426,972	429,372
Other current liabilities		7,000
TOTAL CURRENT LIABILITIES	96,439,402	139,610,909
Liability to issue shares, net of current portion	1,527,153	1,827,889
Lease liabilities, net of current portion	9,230,806	3,566,922
Deferred tax liability	2,165,062	3,891,900
TOTAL LIABILITIES	109,362,423	148,897,620
Commitments and Contingencies (Note 19)
STOCKHOLDERS' EQUITY
Preferred Stock, Value
Common stock; $0.001 par value; 5,000,000,000 and 5,000,000,000 shares authorized at December 31, 2023 and September 30, 2023, respectively; 5,884,691 and 2,871,707 shares issued and outstanding at December 31, 2023 and September 30, 2023 respectively (*)	5,885	2,872
Additional paid-in capital (*)	2,134,106,479	2,071,110,126
Accumulated deficit	(1,923,556,935)	(1,862,162,037)
TOTAL STOCKHOLDERS' EQUITY ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS	210,557,005	208,952,537
Noncontrolling interest	61,257,092	63,855,573
TOTAL STOCKHOLDERS' EQUITY	271,814,097	272,808,110
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	381,176,520	421,705,730
Series D Preferred Stock
CURRENT LIABILITIES
Dividends payable	400,000
STOCKHOLDERS' EQUITY
Preferred Stock, Value	363	363
Series C Preferred Stock
STOCKHOLDERS' EQUITY
Preferred Stock, Value	1,212	1,212
Series A Preferred Stock
STOCKHOLDERS' EQUITY
Preferred Stock, Value	$ 1	$ 1

About Mullen Automotive, Inc.

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	Mr. David Michery
WEBSITE	mullenusa.com
INDUSTRY	Autos
EMPLOYEES	118

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 Apr 19 2024, market cap of Mullen Automotive, Inc. is 17.17 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 Apr 19 2024, MULN's PE ratio (Price to Earnings) is -0.03 and Price to Sales (PS) ratio is 58.01. 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 -0.769 (multiply by 100 for percentage) rate of return.